Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

On what basis are developed accounting record years-end ?

user-image
Question added by Nadjib RABAHI , Freelancer , My own account
Date Posted: 2015/11/08
firoz tharayil
by firoz tharayil , Associate-Finance , EXL Service Pvt. Ltd.

It is the period for which books are balanced and the financial statements are prepared. Generally, the accounting period consists of months. However the beginning of the accounting period differs according to the jurisdiction. For example one entity may follow the regular calendar year, i.e. January to December as the accounting year, while another entity may follow April to March as the accounting period.

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.