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Accounting period

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Accounting Period
Under the Companies Act 1985 an accounting period runs from one accounting reference date to the next (not less than six months and not more than eighteen months) for which a company prepares financial statements and statutory ...

 


The accounting period for which annual financial statements are regularly prepared, generally a period of 12 months, 52 weeks, or 53 weeks.

"Income and expenses for a particular accounting period. The report usually consists of a balance sheet, income statement and statement of cash flows.
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See also: State, Statement, Attorn, Reference, Financial statement