Accountants prepare corporate statements using different accounting periods. The accounting periods are taxable year, fiscal year and plan year. When forming a new business, you can choose a taxable ...

A fiscal year, or FY, is a company’s annual accounting period used for financial reporting. A fiscal year can be either 12 consecutive months ending on the last day of a month other than December or a ...

When a company first goes into business, it chooses the yearly reporting period for tax purposes. Fiscal auditing periods may start during any month. For example, perhaps your employer has a fiscal ...

Ask someone to define a year and they’ll probably say January 1 to December 31. That’s correct of course—but it’s not the only correct definition. January to December represents a calendar year: the ...

Northwestern's fiscal year begins September 1 and ends August 31. Resources are provided annually to assist schools and units in finalizing activity for the current fiscal year. You are encouraged to ...