Title: ACC 421 Week 1 Assignment Accounting Cycle Paper Sample content: Accounting Cycle Accounting Cycle The accounting cycle is an organized procedure utilized to assist perform the basic function of accounting that is to identify, document, and convey information. A company or firm might have its own unique method of carrying out its accounting cycle; however each should perform the job in one way or another. Alvarez Bookkeeping Services, a small family managed company, has got an extremely simple model of the accounting cycle. The organization started and operated for most of its twenty five years having one person and lately grown to a three-person firm, one proprietor and 2 workers constitute this small company. One individual does the whole accounting cycle for the Alvarez Bookkeeping Services, the proprietor. Slowly as time passes the accounting cycle has developed just like business has developed; the several steps have been reduced as technology has simplified