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What is the Accounting Cycle?

What is the accounting cycle? The accounting cycle is a sequence of steps that occur in the accounting period and include the processes of identifying, collecting, analyzing documents, recording transactions, classifying, summarizing, and reporting financial information of an organization.

What is the Accounting Cycle? *

Sample 1. What is the Accounting Cycle

What is the accounting cycle for a business? The accounting cycle for business starts from the creating chart of accounts and finishes with closing the book at the end of the accounting period after execution a series of steps in the accounting process of financial transactions of the firm.

ConceptDraw DIAGRAM diagramming and vector drawing software extended with Accounting Flowcharts Solution provides the Accounting Flowcharts library with wide variety of predesigned accounting flowchart symbols, and the set of templates and samples allowing you design the accounting flowcharts and show the steps of accounting cycle in minutes.

Steps of Accounting Cyle

Sample 2. Steps of Accounting Cycle

Use the ConceptDraw DIAGRAM with Accounting Flowcharts Solution to explain “What is the accounting cycle?” and create your own professional Accounting Flowcharts quick and easy.

steps in the accounting process

Sample 3. Accounting Flowcharts Solution

All source documents are vector graphic documents. They are available for reviewing, modifying, or converting to a variety of formats (PDF file, MS PowerPoint, MS Visio, and many other graphic formats) from the ConceptDraw STORE. The Accounting Flowcharts Solution is available for all ConceptDraw DIAGRAM or later users.






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This sample shows the Flowchart that displays the layout and work flow of the cloud marketing platform. This diagram has a style of the marketing brochure. This style displays the central product that is related to the other issues. Using the ready-to-use predesigned objects, samples and templates from the Flowcharts Solution for ConceptDraw DIAGRAM you can create your own professional looking Flowchart Diagrams quick and easy.Flowchart Marketing Process. <br>Flowchart Examples *
Picture: Flowchart Marketing Process. Flowchart Examples
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Data Flow Diagram →

There are many ways to define the flow of information within a system. Structured-systems analysis method often uses data flow diagrams to show data flow, data storages and data processing visualization. These diagrams are easy to develop and quite useful. Here is a dataflow diagram presenting an example of the manufacturing process flow. The oval process shapes represent a process that controls data within the current system. The process may produce data or make some action based on data. Data flows are represented by lines. They show the movement of information through the system. The direction of the data flow is depicted by the arrow. The external entities are shown by rectangles. They represent the external entities interacting with the system. The data store objects (unclosed rectangles) are used to show data bases participating in a process flow.Data Flow Diagram *
Picture: Data Flow Diagram
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Picture: Workflow Diagram Examples
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Picture: Draw Flowcharts with ConceptDraw
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Picture: Basic Audit Flowchart. Flowchart Examples
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Picture: Entity Relationship Diagram Examples
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Picture: Flow Diagram Software
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Picture: Auditing Process. Audit Planning Process
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