Accounting Periods

  • 3 Posts
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  • 1 Types
October 4, 2023 2 min read Definitions
Budget Periods in Financial Planning
Finance Accounting Business Management Budgeting Financial Planning Accounting Periods Fiscal Management Business Strategy
Explore the concept of a budget period, its duration, and its alignment with accounting periods in organizational financial planning.
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October 4, 2023 3 min read Definitions
Sum of the Digits Method: A Clever Approach to Depreciation Accounting
Accounting Asset Management Financial Reporting Depreciation Fixed Assets Sum-of-the-Digits Method Accounting Periods Asset Valuation
Explore the witty world of depreciation with the Sum of the Digits Method. Learn how this method creatively accelerates depreciation charges, making your assets age faster on papers than in reality!
Read more about Sum of the Digits Method: A Clever Approach to Depreciation Accounting.
September 29, 2023 3 min read Definitions
Long-Term Contracts in Accounting: Revenue Recognition and Implications
Accounting Financial Reporting Contract Management Long-Term Contracts Accounting Periods Revenue Recognition Percentage-of-Completion Method Construction Contracts
Explore the dynamics of long-term contracts, their impact on financial reporting, and the principles of revenue recognition according to key accounting standards.
Read more about Long-Term Contracts in Accounting: Revenue Recognition and Implications.

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