What are the 4 phases of accounting? (2024)

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Accounting Period Concept

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The four phases of accounting are as follows:

  1. Recording transactions
  2. Classifying transactions
  3. Summarising
  4. Interpreting financial data

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The Vital Role of a Financial Manager: Driving Organizational Success through Strategic Financial Management

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What are the 4 phases of accounting? (2024)
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