Fiscal year
One-year term for government and business financial reporting
One-year term for government and business financial reporting
A fiscal year (also known as a financial year, or sometimes budget year) is a one-year time interval whose beginning and end may be shifted with respect to the calendar year (1 January to 31 December). In the Northern Hemisphere, the most common shifted fiscal year is July to the next June, but other practices exist, such as April to the next March. For countries in the Southern Hemisphere, the fiscal year normally coincides with the calendar year, January to December. The series of consecutive fiscal years forms a calendar system known as fiscal calendar. The names of fiscal years are often shortened based on the calendar year in which they end; for example, "FY24" is an abbreviation for "fiscal year 2023-2024". It is used in governmental accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual...
Open boosters, collect cards and trade them. Free to play.
Play for free