A fiscal year (or financial year, or sometimes budget year) is a period used for calculating annual ("yearly") financial statements in businesses and other organizations. In many jurisdictions, regulatory laws regarding accounting and taxation require such reports once per twelve months, but do not require that the period reported on constitutes a calendar year (i.e., January through December). Fiscal years vary between businesses and countries.
In addition, many companies find that it is convenient for purposes of comparison and for accurate stock taking to always end their fiscal year on the same day of the week, where local legislation permits. Thus some fiscal years will have 52 weeks and others 53. Major corporations that adopt this approach include Cisco Systems and Tesco.
In the United Kingdom, a number of major corporations that were once government owned, such as BT Group and the National Grid, continue to use the government's financial year, which ends on the last day of March, as they have found no reason to change since privatisation.
Most industries across the board are reporting lower than expected earnings for 2007. Many others are reporting losses. Billions in rebate checks are ...
If congress wanted to balance the budget each year Is it possible to balance the budget each year? If yes, why would it be desirable or why not? ...
What are the major reasons why the fiscal year 2009 budget deficit was so different from 2008 budget deficit? Then clearly explain one problem that th...
Even if the regular annual budget were to be deficit neutral, do you think you could rely on democrats to NOT spend money for the other 11 months of t...
I am a 19 year old girl and my boyfiend and I live together in our own unit. Last year I got him an axpensive present (jewellerey) but this year my bu...
How do you think the year will end? It has been a good year so far , what note are we entereing on?
Two questions: What percent of the federal budget do you think goes to foreign aid? What percent of the federal budget do you think should go to...
How is the federal budget deficit likely to affect you? What about your children as they grow up?
Thirteen percent of America's 2009 Federal Budget goes towards Medicare (health care for senior citizens) and another 7% goes towards Medicaid (health...
How does crisis and the Federal budget make it difficult for a President to develop a program in the United States? Please explain in detail since I w...
How much does it cost to maintain the IRS, as a percentage of the federal budget?
Massive spending and entitlements has all but doomed CA. Bankruptcy is eminent. Will our federal budget see this same result? What's your opinion?
I want to file my last financial year's income tax returns in current financial year? What is the procedure for the same and where to get the relevant...
If the financial year starts with 1st jan , many things will get simplified.
i want to buy some clothes and shoes (especially) for a semi-formal. when do end of financial year sales start?
Hi...I want to redo the accounts for the last financial year in tally...Is there any way to do this?
Should I restart the numbering at (1) or continue numbering from my previous year's accounts? I have some creditors from the last financial year.
I want to start business now (week of March 9th) so how will this affect my financial year and the period I need to declare tax for? Is it okay to sta...
I want to know the last year's fiscal profit's, and profits during the current fiscal year for 5 companies. How would I find out their fiscal year pro...
I have two checks that were never cashed from a previous fiscal year, and I need to write them off. How do I do that, since I have already closed out...
What are the major reasons why the fiscal year 2009 budget deficit was so different from 2008 budget deficit? Then clearly explain one problem that th...
The new Fiscal year for the U.S Air Force is comming up and I was wondering if there will be more Job Openings? Ive been in DEP for 3 months waitin...
I am executor of my Dad's estate. When first applying for the EIN, I made the estate a calendar year entity without realizing the tax consequences. I ...
My boyfriend is in prison for a non violent crime and i heard that the governor was going to release 22,000 inmates at the beginning of the fiscal yea...
For example, when we file for tax returns for 2007, from which date to which date does the filing cover? The reason I'm asking is because I'm planning...
I guess everyone has heard the $600 tax rebate that government is going to mail out. Does anyone know what tax year the elgibility is based on? I wa...
Bush approved the new tax rebate that is to begin being mailed out in May, but I have heard that they are basing the information on the 2006 tax year,...
I will earn less than $75,000 in 2009 (I'm a single filer), but earn more than $75,000 in tax year 2008. Am I eligible for the first time homebuyer ta...
I know the IRS is always back several years, what tax year are they currently auditing? BTW - I'm not doing anything wrong or anything by any means, I...
I have a friend who is going through a major face to face tax audit next week. I remember reading somewhere that if the auditor asks for a previous y...
I am starting out as a designer and have found I have a knack for doing annual reports. I have already been the lead designer on a high profile annua...
Write a paragraph in which you present the main idea(s) you think the company should present to shareholders in the annual report. R.E.C. Inc.’s ...
I am analysing Woodside Petroleum Ltd's Annual Reports. In the Full Financial Reports, they have listed the following: ECONOMIC ENTITY and CHIEF EN...
What is in the annual report of a company? Is there a website that describe the content of the annual report? I assume there is a standard content, ru...
I am going to be putting together an annual research report for a university department. What are different types of programs that can be used to do ...
How can you get your credit report and score free without going to the free annual report?
How can information systems affect a company’s bottom line (such as financial performance)? What are other non-financial values that information sys...
There seems to be a lot of research done in large corporations regarding this correlation. But, somehow, these researches seems to lack focus on the s...
ignore the consideration of the corporate governance of the company, is it the non-financial performance like customer satisfaction, internal process ...
Do you believe there is a verifiable link between a company's corp. social responsibility initiatives and its financial performance?
Buying and selling in multiple countries and regions introduces exchange rate risk. Floating exchange rates - how do they affect corporate strategy a...
I am trying to close a deal with another company. The company is asking that I show the financial impact on my company if we are able to close the &q...
Does any body know where I can get the global financial report of AC Nielsen over the internet? Thanks. Well...I also want to read its reports of 200...
i used dummy money to purchase stock in three companies, now i have to develop a financial report on their success, how do i even approach something l...
In other words, why are these accounting characteristics important? What kinds of problems could be created if a financial report is not reliable, rel...
I'm looking for subsidiaries on a financial report I'm presenting on. Any help is thanked
Hi, In particular, I am interested in the type of information included that is accompanied by relevant charts, graphs and/or tables, for UK compani...
Hi there I am looking to create a report that prints all the G/L transactions for account "2030" in ACCPAC using Financial Reporter. ...
I need to know how many tax accountants there are (# of people) and the number of tax accountant practices, but haven't been able to find the number.....
I want to finish my degree in accounting. But I am not sure if I would fit in as a tax accountant (I eat fast food, have cheap clothes and haircut, ...
i just read the rich dad poor dad book and the author said that i should hire tax lawyers, accountants, stock brokers,to have a rich future. how can i...
And what does the charge depend on? I'm married with no house or kids, but high income and medical expenses.
Interning for a Big 4 firm beginning in January, just wondering when exactly (if not right away) things will get hectic.
I am writing a research paper on accounting. I know that tax season is crazy for accountants. How do they survive it (mentally and physically) ?
and how competitive is it for a job? in the UK btw.
Identify eight different groups who have an interest in the financial reports for businesses that are produced by accountants. ive tried everything ...
Identify eight different groups who have an interest in the financial reports for businesses that are produced by accountants. ive tried everything ...
I just graduated from college with a BS in accounintg. I am looking for a country to move that will give me the working visa in the accounting profess...
Or are they all simply accountants?