BNET Business Dictionary
Business Definition for: Accounting Cycle
- the regular process of formally updating a firm's financial position by recording, analyzing, and reporting its transactions during the accounting period
Additional Resources
- Accounting -The Language of Accounting
- Many of the small-business managers view accounting in a negative way. It's overhead and really doesn't contribute to the bottom line. They have little grasp of the operation that generates the money to pay their salaries. The purpose of the accounting system is to communicate. It produces useful information (not...
- White papers 2003-01-01
- Pure Cycle Corporation Announces Change in Independent Registered Public Accounting Firms
- THORNTON, Colo. -- Pure Cycle Corporation (NASDAQ Smcap:PCYO) today announced it has retained Anton Collins Mitchell LLP ACM as its independent registered public accounting firm, effective for the fiscal year ending August 31, 2005. ACM replaces KPMG LLP. The decision to change independent registered public accounting firms was made...
- Research articles 2004-12-17
- Established Life Cycle Concepts in the Business Environment
- Many publications and managers refer to life cycle terms. Unfortunately they are often mixed up, because they are not known, wrongly understood or unclear to people using life cycle terminology. This report introduces into three different life cycle concepts and clarifies the used life cycle terms. The first analyzed concept...
- White papers 2005-03-22
- From Baseball to Accounting: Why We Encourage Unethical Behavior
- From Baseball to Accounting: Why We Encourage Unethical Behavioranswer to: why we aencourage unehtical behaviorAs a speaker, executive coach and trainer for Ethical, CSR and Sustainability conferences & workshops I have presented, The Ethical Enterprise, A Global Study, 2005-2015, work that I had researched and authored for the American Management...
- Discussion threads 2008-01-29
- Outsourcing the Revenue Cycle - Driving More Profit to the Bottom Line
- With ongoing pressure on executives to protect bottom line numbers, it is little wonder there is a focus on creative ways to further cut costs. Accordingly, there has been growing interest in the potential benefits of business process outsourcing BPO, particularly in the area of financial process outsourcing. For most...
- White papers 2003-01-01
- Benchmark Finance and Accounting: Build Your Foundation and Achieve Measurable Process Improvement
- Benchmarking can reduce costs and cycle times and ultimately provide a competitive advantage. But organizations face many pitfalls in the early stages of the benchmarking process, such as starting with too broad a scope or not allowing enough time for data collection. Download this paper to learn the basics of...
- White papers
- Business Fluctuations and Financial Accounting Measurement: Historical Comments
- This paper addresses a theme in an historical setting that financial accounting measurement contributes to: retardation of national economic growth by the failure of financial accounting to provide for the replacement of capital goods in its measurement process; and the business cycle owing to the illusory profits reported in financial...
- White papers 2005-02-02
- MANAGEMENT ACCOUNTING FOR A PORTFOLIO OF PROJECTS TO SUPPORT ORGANISATIONAL VALUE MAXIMISATION
- ABSTRACT The objective of management accounting is to provide management with the financial information that will enable them to make decisions that will result in increased profitability of their organisation. The management accounting of projects in a portfolio as proposed in the literature often presents major problems that prevent the...
- Research articles 2005-11-01
- Indemnity downcycles getting deeper/longer. (underwriting cycle)
- Indemnity Downcycles Getting Deeper/Longer For many indemnity insurers, the underwriting cycle is looking more like a "death spiral," according to Roy Winkles, a vice president of international management consultants at Temple, Barker & Sloane/Strategic Planning Associates and co-author of a new study on...
- Research articles 1991-07-22
- Atlantix Global Systems and Southland Companies Finalize Merger All Accounting and Inventory Systems Have Been Integrated
- Southlands' Fourteen Years of Telecom Experience Allows Atlantix to Take Another Step towards Being the Leader in IT Life Cycle NORCROSS, Ga. -- Over the past year, Atlantix and Southland Companies have been working together to finalize a merger that will support Atlantix Global Systems' goal of becoming the...
- Research articles 2008-05-20
- QuickArrow and Intacct to Host Webinar on Automating Your Quote-to-Cash Cycle
- QuickArrow, Inc., the leader in SaaS Services Automation, today announced that they are partnering with Intacct, a leader in on-demand financial management and accounting applications, to present "The Top 5 Ways Automating Your Quote-to-Cash Cycle Will Change Your Life," on February 19 at 12:00 p.m. CST. The one-hour webinar...
- Research articles 2009-02-18
- Cost Accounting
- Cost accounting enables the management to readily comprehend the subtle cost connotations involved in each stage of the organization's operating cycle. This information is needed for future economic planning. The cost centers form the intermediate level between input resources and output in the organization. Activity Based Costing ABC method computes...
- Presentations 2003-01-01
- PurchasingNet Launches ePayables to Streamline Procurement and Accounting Functions
- RED BANK, N.J. -- PurchasingNet, Inc., a full-cycle Procure-to-Pay solution provider, today announced the launch of its ePayables software, providing customers with the ability to automate the entire procurement process through invoice processing and payment. ePayables improves existing accounts payable processes using the PNet Supplier Invoice Portal which streamlines both...
- Research articles 2005-05-03
- iParty Corp. Reports Fiscal 2005 Financial Results
- DEDHAM, Mass. -- iParty Corp. (AMEX: IPT), a party goods retailer that operates 50 iParty retail stores, today reported financial results for its fourth quarter and fiscal year 2005, which ended on December 31, 2005. The Company's accounting cycle resulted in a 14-week fourth quarter and a 53-week year in...
- Research articles 2006-02-24
- iParty Corp. Reports Fiscal 2006 Financial Results
- DEDHAM, Mass. -- iParty Corp. (AMEX: IPT - news), a party goods retailer that operates 50 iParty retail stores, today reported financial results for its fourth quarter and fiscal year 2006, which ended on December 30, 2006. The Company's accounting cycle resulted in a 13-week fourth quarter and 52-week year...
- Research articles 2007-02-27
- Federated's January Same-Store Sales up 8.6%
- Company Raises Earnings Guidance for Fiscal 2006 Fourth Quarter CINCINNATI -- Federated Department Stores, Inc. (NYSE:FD)(NYSE Arca:FD) today reported sales for the five weeks of January. The January period reflects an extra week in fiscal 2006, creating a 53-week fiscal year that occurs approximately every six years in the...
- Research articles 2007-02-08
- Federated January comp sales increase 5.1 percent
- CINCINNATI--BUSINESS WIRE--Feb. 8, 1996--Federated Department Stores, Inc. today reported sales for the five weeks of January, as well as comparable sales for the four-week period that corresponds to January 1995. The January period reflects an extra week in Fiscal 1995, creating a 53-week fiscal year that occurs approximately every...
- Research articles 1996-02-08
- Federated January Comp Sales Increase 3.7%
- Business Editors CINCINNATI--BUSINESS WIRE--Feb. 8, 2001 Federated Department Stores, Inc. today reported sales for the five weeks of January. The January period reflects an extra week in Fiscal 2000, creating a 53-week fiscal year that occurs approximately every six years in the accounting cycle for most retail companies....
- Research articles 2001-02-08
- MedAssets offers automated charge master control.(Accounting Controls)(Brief Article)
- MedAssets, Alpharetta, Ga., will provide financial software to members through a company it acquired in July: OSI Systems, Atlanta. Terms of the transaction were not disclosed. OSI developed a revenue cycle management system that helps hospitals correct billing errors and identify missed...
- Research articles 2003-09-01
- Accounting Technology's Killer VARs: stalking business in a tough market
- Killer VARs Hunt for Success It's been a tough 18 months to be a VAR, even to be at the top of the market. The economy and the technology cycle in 2000 and 2001 haven't been the friendliest ones for the reseller community. And while...
- Research articles 2002-06-03
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