fiscal year
A fiscal year is a 12-month period that organizations use for financial reporting and budgeting purposes, typically not following the calendar year and starting on a date other than January 1st.
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Related Concepts (22)
- accounts receivable/payable
- appropriations process
- auditing
- budgeting
- capital expenditures
- capital structure
- cash flow management
- corporate taxation
- cost of goods sold
- depreciation and amortization
- expenditure control
- financial forecasting
- financial reporting
- financial risk management
- financial statements
- government spending
- inventory management
- omnibus spending bills
- payroll accounting
- revenue recognition
- strategic financial planning
- tax planning