accounting period

American  

noun

1. a regular period of time, as a month or a year, for which an operative statement is drawn up.

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Example Sentences

The company recorded a loss of £43m in 2023, following losses of about £70m in 2022 and more than £25m in the previous 17 month accounting period.

From BBC • Jul. 16, 2024

Anil said transactions had jumped 40% since the accounting period ended in February and the bank was targeting monthly profitability next year on the back of more customer spending and expanding lending and subscription services.

From Reuters • Jul. 30, 2021

Much of that success, no doubt, is carryover from the C.M.A.’s — Nielsen’s accounting period for last week’s chart ended just one day after the awards.

From New York Times • Nov. 16, 2015

He was also right to be wary of how his successors, many years from now, might view the tapes at the end of each accounting period.

From The Guardian • Aug. 15, 2015

Fiscal year: This entry identifies the beginning and ending months for a country's accounting period of 12 months, which often is the calendar year but may begin in any month.

From The 1998 CIA World Factbook by United States. Central Intelligence Agency