Tag: steps in the accounting cycle

16
May

Accounting 101: The 9 Steps of the Accounting Cycle

For any organization to succeed, it will need proper documentation from the onset. Whether you outsource this service or have an in-house accountant, a good accounting cycle gives you a clear understanding of crucial financial matters. WHAT IS THE ACCOUNTING CYCLE? The accounting cycle is the cumulative process of recording and processing the accounting events of a company. It starts
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