The significance of accounting staging has

Accounting staging is one of the four accounting assumptions of accounting, also known as the accounting period, refers to the division of an enterprise's ongoing production and business activities into one continuous period of the same length. The main significance of the basic premise of accounting phasing:

1, a timely understanding of the financial position and operating results of enterprises, the need for enterprises to provide accounting information on a regular basis as a basis for decision-making.

2. It lays the theoretical foundation of accounting principles such as the principle of accrual, the principle of matching, and the principle of dividing revenue expenditure and capital expenditure.

3, the purpose of accounting phasing is to continuously operating production and business activities into a continuous, equal period, according to the settlement of profits and losses, the financial accounting report on a regular basis, so as to provide timely information to all parties about the financial position of the enterprise, the results of the operation and cash flow.

4, the difference between the current period and the other period, so that the difference between the accrual system and the cash system, so that different types of accounting subjects have a basis for accounting, and then appeared receivable, payable, deferred, withholding, amortization, and other accounting methods.