accounting period


Also found in: Financial, Acronyms, Wikipedia.
Related to accounting period: Accounting cycle
Translations

accounting period

nesercizio finanziario, periodo contabile
References in periodicals archive ?
'This accounting period's six-percent decrease in coke sales was due to a major batch bound for India being rescheduled for the next accounting period.
The funding absorption target for the accounting period has been exceeded by 7.2 percent, which is an increase of EUR 26.6 million against the same period a year ago, the ministry said, projecting that the annual target might be beaten as well if the successful investment dynamic continues also in the second half of the year.
"In this accounting period, prices for our key products remained at fairly high levels.
The agreement means AC Milan will not take their place in next season's Europa League and UEFA will end its proceedings against the Italian club for overspendin between 2016-18 - the second threeyear accounting period in a row that had got them in hot water with UEFA.
Under the sales tax regime, cases selected under Section 25, 38 of Sales Tax Act, 1990 by either Commissioner Inland Revenue or Director I and I (IR) have been exempted for periods corresponding to the accounting period adopted for the purpose of return of income under the ITO for 2016; provided only a part of the accounting period had been audited already, the relevant authority may select the remaining period for audit.
Accounting period for filing returns Q: Our company was registered last September and we are doing well in the market.
The firm, which celebrated its 70th anniversary this year, saw staff numbers reach 305 at the end of the accounting period, though this increased staff costs by almost PS1.4m.
A contractor must comply with all 19 standards (full coverage) if its business unit receives a single CAS-covered contract award of $50 million or more or received $50 million or more in net CAS-covered awards during its preceding cost accounting period. In addition, the business unit is required to complete a Cost Accounting Disclosure Statement Form CASB DS-1 (REV 2/96), a lengthy document disclosing cost accounting practices.
The current annual investment allowance is PS500,000 so the first PS500,000 you spend on certain plant and machinery in any accounting period will be 100 per cent allowable for tax purposes.
Financial statements are prepared annually; however, which means there is disconnect between the one-year accounting period and the many years of useful life of the additional production capacity.
Retail-operations has three accounting periods per year and the stock-turn for each accounting period is computed by the total movement of stock through all retail outlets, divided by the opening inventory for the accounting period.