Accounting period means…
Any period of time utilised to measure accounting performance. This doesn’t have to be the financial year (1 July – 30 June for those of us in Australia). It could simply refer to 1 year, 1 month, 3 months, etc.

WHAT’S IT MEAN? Quickies
This post is part of the “What’s it Mean?” series of short and sweet responses.
Be sure to check the other posts in the series for more quick definitions. You can follow the series along on the blog or read them first by subscribing to our popular Business Plus+ newsletter.

