Accounting Cycle

How'd you get your numbers? Like...what all did you do? An accounting cycle is just the myriad steps taken to present final audited numbers to investors, the government, and IRS...and all three sets of numbers may differ.

The cycle focuses on everything from how the data is gathered, getting sales receipts from multiple sources, notionally lessening the possibility of fraudulent reporting...to the way in which those numbers are processed...to the manner in which acquisitions are depreciated and how technical debts are accounted for. It's a cycle that has a quarterly and annual spin on the wheel, and then the fun starts all over again.

And yes, it is fun as you bill your hundred bucks an hour and change for doing that voodoo you do.