The Accounting Cycle

Learn about The Accounting Cycle

Author:Author ImageKrish Beachoo

Edu Level: CSEC

Date: Jun 24, 2022

⏱️Read Time: 1 min



  • An Accounting System should provide an efficient process that records all transaction and classifies data.
  • This accounting system involves a series of steps commonly referred to as ACCOUNTING CYCLE.

Accounting Period

  • A specific time period, usually 12 months, adopted by a business for the purpose of finalizing/summarizing accounts.

About Krish Beachoo

Krish Beachoo is a dedicated student and innovative thinker with a strong presence in both education and technology. Starting his academic journey at Pranava Educational Institute, he excelled in the S.E.A. examination in 2018. Currently studying management, mathematics, and economics under the CAPE program at Naparima College, Krish balances his Read More

Dont't forget to check out our Instagram Page!
edukatte_tt