Getty Images / AndreyPopov The eight-step accounting cycle is important to know for all types of bookkeepers. It breaks down the entire process of a bookkeeper's responsibilities into eight basic ...

We conducted business cycle accounting (BCA) using the method developed by Chari, Kehoe, and McGrattan (2002a) on data from the 1980s--1990s in Japan and from the interwar period in Japan and the ...