Accounting Cycle definition

Accounting Cycle means the applicable accounting period of each of TCCC and CCE (based on accounting policies in effect as of the date hereof) set forth in Section 1.1(a) of the CCE Disclosure Letter.
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Accounting Cycle means the monthly closing date of the Servicer as provided in Schedule B attached hereto.
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Accounting Cycle means a four­week cycle determined by the employer;
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Examples of Accounting Cycle in a sentence

  • Accounting Cycle: Journal, Ledger, Trial Balance, Final Accounts (Trading Account, Profit and Loss Account and Balance Sheet with simple adjustments).

  • Syllabus: Unit-I – IntroductionNeed for Accounting – Definition – Objectives, – Accounting Concepts and Conventions – GAAP - Accounting Cycle - Classification of Accounts and its Rules – BookKeeping and Accounting - Double Entry Book-Keeping - Journalizing - Posting to Ledgers, Balancing of Ledger Accounts (including Problems).

  • Accounting Cycle: Journal, Ledger, Trial Balance, Final Accounts (Trading Account, Profit and Loss Account and Balance Sheet with simple adjustments).Text Books1.

  • UNIT-I Accounting and its functions: Concepts and Conventions in Accounting .Accounting Cycle.

  • Nature of Accounting Information: Scope of Accounting, Accounting concepts, Principles & Standards, Accounting Cycle, Journalisation, Subsidiary Books; Ledger Posting, Preparation of Trial Balance, Rectification of Error.

  • Every donor center and OPO must adhere to these minimal requirements.

  • The Accounting Process: Double-Entry Accounting System (vis-à-vis Incomplete System; Accounting Equation - Effects of Transactions on the Accounting Equation; The Account- Classification of Accounts, Selection of Account titles, Chart of Accounts, Coding-Rules of Debit and Credit, Balancing and Normal Balance, Recording (Bookkeeping) Aspect of Accounting Cycle.

  • Concepts of Asset, Cost, Expense, and Loss; Classification of Costs; Cost Centre and Cost Unit; Cost Object; Cost Accounting Cycle; Factory Cost Flow; Statement of Cost of Goods Manufactured and Sold; Income Statement.

  • Accounting Process: Accounting Cycle - Constructing corporate financial statements i.e. Journal, Ledger, Assets, Liabilities, Capital and Revenue concepts – Depreciation – Provisions – Reserves – 8Inventory valuation – Errors and Rectifications – Income: Recognition and Measurement.(15 classes)3.

  • UNIT-I: ACCOUNTING PROCESS:Financial Accounting: Introduction – Definition – Evolution – Functions-Advantages and Limitations – Users of Accounting Information- Branches of Accounting – Accounting Principles: Concepts and Conventions- Accounting Standards– Meaning – Importance – List of Accounting Standards issued by ASB -– Accounting System- Types of Accounts – Accounting Cycle- Journal- Ledger and Trial Balance.

Related to Accounting Cycle

  • Accounting Date means the thirtieth day of June in each year and any interim date on which the financial statements of the Trust are drawn up. Provided that the Management Company may, with the written consent of the Trustee and after obtaining approval from the Commission and the Commissioner of Income Tax may change such date to any other date and such change shall be intimated to the Commission.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Accounting Restatement Date means the earlier to occur of (a) the date that the Board, a committee of the Board authorized to take such action, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (b) the date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Accounting Period means a period ending on and including an accounting date and commencing (in case of the first such period) on the date on which the Trust Property is first paid or transferred to the Trustee and (in any other case) from the next day of the preceding accounting period.

  • Accounting Restatement means an accounting restatement that the Company is required to prepare due to the material noncompliance of the Company with any financial reporting requirement under the securities laws, including any required accounting restatement to correct an error in previously issued financial statements that is material to the previously issued financial statements, or that would result in a material misstatement if the error were corrected in the current period or left uncorrected in the current period.

  • Agreement Accounting Principles means generally accepted accounting principles as in effect from time to time, applied in a manner consistent with that used in preparing the financial statements referred to in Section 5.4.

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.