Financial statements & accounting records · Core

Accounting period

Also called: reporting period

ELI5

The time span covered by financial records or reports.

Used in conversation

“Which version of accounting period should the board treat as current?”

Pitch context

You will see “Accounting period” in financial models, budgets, board packs and investor materials when the discussion reaches financial statements & accounting records.

Why it matters: It helps a reader interpret financial statements & accounting records without confusing the measure, decision, role or evidence being discussed.

Connected terms

Sources & evidence · 4

Direct term-level sources and supporting source families.