[] () the series of steps that are used to follow what has happened in a business and to report the financial effect of those things 会计循环;会计周期ⓘ The accounting cycle begins with a financial transaction and ends when the account books are closed at the end of each accounting period. 会计循环开始於一笔财务交易,终止於每一个会计期间末尾结清账户时。