What does accounting period mean?

accounting period meaning in Law Dictionary

the period of time a strong uses for account statements. If interior it can be month-to-month or quarterly. For external is is per year.

accounting period meaning in Business Dictionary

stage for which a firm makes its internal or external records; the period covered by the monetary statements. For internal reports, it might be a month or 25 %; for external records it's usually a time period of year.