Accounting period is the minimum time period for which comany prepare it's books of accounts.

account period

accounting period depends on the person carrying the business. Normaly it starts from 1st april. people may have calendar year as an accounting year.

Cash is the main transaction in an accounting , it will affect from period to period in financial statement

In Accounting, also known as the Accounting Period Concept. Where business operation can be divided into specific period of time such as a month, a quarter or a year(accounting period)

Final accounts are prepared at the end of the accounting period ie one year. Internal accounts can be prepared monthly, quarterly or half yearly.

Accounting staff are considered executive costs which would be a period cost.