Outrageously Funny Word Dictionary :: Trimester

👉 Trimesters are periods of three months in a calendar year that typically precede each full-year period. These are commonly used within accounting and financial reporting to provide context for time periods during which a company's income is recognized or recorded, as well as for planning purposes. In the context of accounting, trimesters refer to two consecutive quarters (usually beginning of January and February). This structure helps in understanding how revenue from each quarter should be allocated among subsequent quarters. For example, if a company starts

trimesters

👉 The term "trimester" is a term used in accounting and finance, referring to the three-month period during which an organization operates. This typically refers to the quarter or half-yearly cycle of operations, which includes sales, expenses, and cash flow for each quarter. The concept is primarily used in financial management and reporting.

trimester