trading period

trading period

the period of trading between two successive sets of financial accounts. To comply with the requirements of company law and taxation authorities, companies generally adopt a one-year trading period, producing an ANNUAL REPORT AND ACCOUNTS at the end of each trading period. However, because for internal management control purposes, much more frequent results are generally required, a company may produce PROFIT AND LOSS ACCOUNTS and BALANCE SHEETS at monthly or even weekly intervals.
References in periodicals archive ?
Joules also enjoyed a strong holiday trading period, with total retail sales up 19.
Chief executive Moya Greene said: "In what is traditionally a quieter trading period for the business, we saw no material change in overall trends.
BHS is said to be in talks to secure a fresh cash boost as it enters what is seen as a crucial trading period, Christmas.
During this period, holders of rights as at the end of the rights trading period on September 3rd will be able to subscribe to new shares at a price of 3 dirhams per share.
MANAMA: School teams taking part in the TradeQuest programme presented their performance report during the second trading period of the programme.
In the seven-week trading period to December 26, the online shopping giant reported total group sales, excluding VAT, were up 4% compared with the same time last year which, itself, was a very strong trading period.
JOB growth is driving Ireland's retail sector to its best Christmas trading period since 2007, it has been revealed.
So far in this trading period, our sales have been below that achieved in the same trading period last year.
Free allowances for the third trading period 2013 2020 can also be allocated to new installations or installations that had a significant capacity extension.
Manama, March 5 (BNA) -- TradeQuest Investment Challenge school teams have presented their trading performance during the second trading period of the programme.
The European Commission launched an appeal, on 30 May, against the EU Court of Justice's annulment of its decision to reject the national allocation plan (NAP) presented by Latvia for the second trading period (2008-2012) of the EU's Emission Trading Scheme (ETS).