Accounting Dictionary
Periodicity
Periodicity or the time period assumption assumes that a company’s business activities can be accurately reported in regular intervals.
Periodicity allows us to report financial data in monthly, quarterly, or annual reports.
https://accounting.uworld.com/cpa-review/lc/accounting-dictionary/term/periodicity/
Sign Up to Learn More!
Join our mailing list today to get notified of new discount offers, course updates, Roger CPA Review news, and more!