What is the Accounting Cycle?

This circular arrows diagram sample shows the systems development life cycle (SDLC) stages.
"The systems development life cycle (SDLC), also referred to as the application development life-cycle, is a term used in systems engineering, information systems and software engineering to describe a process for planning, creating, testing, and deploying an information system. The systems development life-cycle concept applies to a range of hardware and software configurations, as a system can be composed of hardware only, software only, or a combination of both." [Systems development life-cycle. Wikipedia]
The arrow circle diagram example "Systems development life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Circular Arrows Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.

This arrow loop cycle diagram sample was created on the base of the figure illustrating the webpage "Exploratory Advanced Research Program Hand-Off Workshops" from the US Department of Transportation - Federal Highway Administration (FHWA) website. "The FHWA’s research and technology innovation life cycle illustrates that research and technology development are not insular activities, but integrated processes that together constitute a system.
Following general workshop discussion, a number of common issues emerged among the groups. These centered around the research life cycle, communicating the value of exploratory advanced research, and continued project funding. It was felt that there is a general need to better describe the research and deployment cycle specific to highway transportation and possibly to highway research fields, such as materials or system planning. Research life cycle diagrams show a very linear, chronological process but it is not necessarily that way in reality." [fhwa.dot.gov/ advancedresearch/ pubs/ 11034/ ]
The arrow loop diagram example "Innovation life cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams

This business infographic sample shows the plan–do–check–act cycle. It was designed on the base of the Wikimedia Commons file: PDCA-Cycle.png.
[commons.wikimedia.org/ wiki/ File:PDCA-Cycle.png]
This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license. [creativecommons.org/ licenses/ by-sa/ 3.0/ deed.en]
"PDCA (plan–do–check–act or plan–do–check–adjust) is an iterative four-step management method used in business for the control and continual improvement of processes and products. It is also known as the Deming circle/ cycle/ wheel, Shewhart cycle, control circle/ cycle, or plan–do–study–act (PDSA)." [PDCA. Wikipedia]
The business infographic example "PDCA cycle" was designed using ConceptDraw PRO diagramming and vector drawing software extended with the Business and Finance solution from Illustration area of ConceptDraw Solution Park.

This circular arrows diagram sample shows the exercise cycle stages: 1) Strategy plan, 2) Design and development, 3) Conduct and evaluation, 4) Improvement planning. It was designed on the base of the diagram on the Emergency Management Insitute training IS-120.b webpage from the website of the Federal Emergency Management Agency (FEMA) of the United States Department of Homeland Security.
[emilms.fema.gov/ IS120A/ summary.htm]
"Exercises give communities, states, and regions a set of essential tools to prevent, prepare for, respond to, and recover from disasters." [emilms.fema.gov/ IS120A/ module0.htm]
"Disaster management (or emergency management) is the creation of plans through which communities reduce vulnerability to hazards and cope with disasters. Disaster management does not avert or eliminate the threats; instead, it focuses on creating plans to decrease the effect of disasters. Failure to create a plan could lead to human mortality, lost revenue, and damage to assets. Currently in the United States 60 percent of businesses do not have emergency management plans. Events covered by disaster management include acts of terrorism, industrial sabotage, fire, natural disasters (such as earthquakes, hurricanes, etc.), public disorder, industrial accidents, and communication failures." [Emergency management. Wikipedia]
The diagram example "Emergency management exercise cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Basic Circular Arrows Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.

This circular arrows diagram sample depicts the Plan–Do–Check–Act cycle.
"PDCA (plan–do–check–act or plan–do–check–adjust) is an iterative four-step management method used in business for the control and continuous improvement of processes and products. It is also known as the Deming circle/ cycle/ wheel, Shewhart cycle, control circle/ cycle, or plan–do–study–act (PDSA). Another version of this PDCA cycle is OPDCA. The added "O" stands for observation or as some versions say "Grasp the current condition." This emphasis on observation and current condition has currency with Lean manufacturing/ Toyota Production System literature." [PDCA. Wikipedia]
The diagram example "PDCA cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Circular Arrows Diagrams solution from the area "What is a Diagram" of ConceptDraw Solution Park.

This arrow loop diagram sample was created on the base of the figure illustrating the webpage "Safe Roads for a Safer Future A Joint Safety Strategic Plan" from the website of US Department of Transportation - Federal Highway Administration (FHWA) Office of Safety.
"STRATEGIC PLANNING CYCLE.
After the safety units issue the SSP, they will identify and prioritize strategies to support the established goals. Many strategies will originate in existing roadmaps or in other program planning activities. The safety units will also use this information when developing their Unit Performance Plans and individual performance plans. Teams within each safety unit will carry out projects and activities to support identified strategies and achieve the SSP goals.
The SSP process also includes continuous performance monitoring and evaluation through which the safety units will review past accomplishments against the established goals, consider how well strategies are implemented, assess progress toward goals, identify risks, consider changes in the environment, and discuss future strategic direction. As a part of the evaluation process, the three safety units will recognize achievements and discuss the need for adjustments. Figure ... shows the strategic planning cycle.
The safety units will update the SSP every 3 to 5 years using input from a variety of sources, including evaluations, safety trends, and legislative changes." [safety.fhwa.dot.gov/ ssp/ ]
The arrow loop diagram example "Strategic planning cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams

This circular motion diagram sample was created on the base of the figure illustrating the article "Collaboration 2.0" from the HLWIKI International website. "Collaboration is an activity where individuals are motivated to work together in order to achieve certain mutually-desirable, articulated and achievable goals. In the digital age, collaboration 2.0 combines various aspects of web 2.0 and social media with the principles of collaboration. Some critical or typical features of collaboration 2.0 should include:
(1) synchronous collaboration via social calendaring, online meeting software and instant messaging tools,
(2) asynchronous collaboration made possible via shared workspaces and annotation capabilities.
A new form of collaboration is called collaborative information seeking which Wikipedia defines as "... a field of research that involves studying situations, motivations, and methods for people working in collaborative groups for information seeking projects, as well as building systems for supporting such activities. Such projects often involve information searching or information retrieval (IR), information gathering, and information sharing. Beyond that, CIS can extend to collaborative information synthesis and collaborative sense-making." " [hlwiki.slais.ubc.ca/ index.php/ Collaboration_ 2.0]
This file is available under a Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Generic Licence. [creativecommons.org/ licenses/ by-nc-sa/ 2.5/ ]
The circular arrow diagram example "Collaboration life-cycle" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams

This hexagon diagram sample was redesigned from the Wikipedia file: Virtuous circle in macroeconomics.svg. "An example of the use of a virtuous circle in macroeconomics."
[en.wikipedia.org/ wiki/ File:Virtuous_ circle_ in_ macroeconomics.svg]
"A virtuous circle and a vicious circle (also referred to as virtuous cycle and vicious cycle) are economic terms. They refer to a complex chain of events that reinforces itself through a feedback loop. A virtuous circle has favorable results, while a vicious circle has detrimental results.
Both circles are complexes of events with no tendency towards equilibrium (at least in the short run). Both systems of events have feedback loops in which each iteration of the cycle reinforces the previous one (positive feedback). These cycles will continue in the direction of their momentum until an external factor intervenes and breaks the cycle. The prefix "hyper-" is sometimes used to describe these cycles if they are extreme. The best-known example of a vicious circle is hyperinflation. ...
Example in macroeconomics.
Virtuous circle.
Economic growth can be seen as a virtuous circle. It might start with an exogenous factor such as technological innovation. As people get familiar with the new technology, there could be learning curve effects and economies of scale. This could lead to reduced costs and improved production efficiencies. In a competitive market structure, this will probably result in lower average prices or a decrease in employment as it takes fewer workers to produce the same output. As prices decrease, consumption could increase and aggregate output also. Increased levels of output lead to more learning and scale effects and a new cycle starts."
[en.wikipedia.org/ wiki/ Virtuous_ circle_ and_ vicious_ circle]
The crystal diagram example "Virtuous circle (macroeconomics)" was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Target and Circular Diagrams solution from the Marketing area of ConceptDraw Solution Park.
www.conceptdraw.com/ solution-park/ marketing-target-and-circular-diagrams