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.
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.
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.
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.
TEN RELATED HOW TO's:
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.
Picture: Flowchart Marketing Process. Flowchart Examples
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.
Picture: Data Flow Diagram
ConceptDraw DIAGRAM - workflow software extended with the Workflow Diagram solution provides a complete set of samples, templates and features help you to draw diagrams faster. A workflow software you use for drawing workflow diagrams and business process flow diagrams should provide a wide set of examples allows you get closer with workflow diagrams, learn symbols meaning, find appropriate layout and design, and then start drawing your own workflow diagram masterfully. Workflow diagrams used for orchestrating organizational processes between company departments and humans, so critical process diagrams used to train many people to interact must be clear and professional to convey an idea from a view. Thats a reason we created a lot workflow symbols and workflow icons collected them into special Workflow Diagram solution in ConceptDraw Solution Park.
Picture: Workflow Diagram Examples
Start design your own flowchart with ConceptDraw DIAGRAM and accomplish great results at the moment.
Picture: Draw Flowcharts with ConceptDraw
This sample shows the Audit Process Flowchart. It was created in ConceptDraw DIAGRAM diagramming and vector drawing software using the Flowcharts solution from the Diagrams area of ConceptDraw Solution Park.
The Audit Flowcharts are widely used in the financial management, accounting, money management and in many others fields.
Picture: Basic Audit Flowchart. Flowchart Examples
An abstract representation is usually the first thing you will need while developing a database. To understand the ways that databases are structured, you should look through entity-relationship diagram examples and see the notations features and attributes. With an entity-relationship model you can describe a database of any complexity.
This Entity-relationship diagram is a tool for software developers. It enables every element of database to be managed, communicated and tested before release. This ERD was created using symbols advocated by Chen's notation. Because of a linguistic origin of the Chen’s notation, the boxes representing entities could be interpreted as nouns, and the relationships between them are in verb form, shown on a diagram as a diamond.
Picture: Entity Relationship Diagram Examples
Diagrams are a very important part of modern life. With the help of flow diagram software, a lot of companies can promote their ideas at the market. Its usefulness is totally doubtless.
This is a flow chart of the invoice payment flow. This flowchart details decrypts all stages of the process of obtaining and paying bills. It is a description of the universal process - such steps performs accounting departments of almost any organization. Since every business no matter what it does is a consumer of some goods or services. The given flow chart was made using ConceptDraw DIAGRAM software and the Diagrams solution for making flowcharts of any kind.
Picture: Flow Diagram Software
Auditing Process, Audit Planning Process - The audit is complex process of independent examination of data, statements, operations, financial performances of an enterprise for a stated purpose. The auditing process consists of defined quantity of audit steps. Planning is fundamental stage of auditing process. The carefully thought-out audit planning process ensures the success of the business project.
Picture: Auditing Process. Audit Planning Process