fiscal year
FY A *financial reporting period of 12 months’ duration used for *taxation assessments. As corporate financial reporting periods tend to be used as the basis for tax computations, the term fiscal year also refers to standard corporate financial reporting periods.

Auditor's dictionary. 2014.

Look at other dictionaries:

  • fiscal year — n: an accounting period of 12 months Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. fiscal year n. A twelve month period used by a bus …   Law dictionary

  • fiscal year — fiscal years N COUNT: usu sing, usu with supp The fiscal year is the same as the financial year. ...the budget for the coming fiscal year …   English dictionary

  • Fiscal year — Year Year, n. [OE. yer, yeer, [yogh]er, AS. ge[ a]r; akin to OFries. i?r, g?r, D. jaar, OHG. j[=a]r, G. jahr, Icel. [=a]r, Dan. aar, Sw. [*a]r, Goth. j?r, Gr. ? a season of the year, springtime, a part of the day, an hour, ? a year, Zend y[=a]re… …   The Collaborative International Dictionary of English

  • fiscal year — n 1.) the 12 month period used by governments to calculate spending and how much tax a person or business must pay last/current/coming/next fiscal year 2.) AmE the 12 month period over which a company calculates its profits or losses British… …   Dictionary of contemporary English

  • fiscal year — ☆ fiscal year n. a twelve month period between settlements of financial accounts: the U.S. government fiscal year legally ends September 30 …   English World dictionary

  • fiscal year —  Year for accounting purposes, not necessarily beginning in January. The U.S. government’s fiscal year runs from October 1 through September 30 …   American business jargon

  • fiscal year — noun count * a period of twelve months that a business uses to calculate how much profit it has made and how much tax it owes …   Usage of the words and phrases in modern English

  • Fiscal year — 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… …   Wikipedia

  • fiscal year — ( FY) Accounting period covering 12 consecutive months over which a company determines earnings and profits. The fiscal year serves as a period of reference for the company and does not necessarily correspond to the calendar year. Bloomberg… …   Financial and business terms

  • fiscal year — In the UK, the year beginning on 6 April in one year and ending on 5 April in the next year. The 2005–06 fiscal year therefore runs from 6 April 2005 to 5 April 2006. Income tax, capital gains tax, and annual allowances for inheritance tax are… …   Accounting dictionary

  • fiscal year — In the UK, the year beginning on 6 April in one year and ending on 5 April in the next year. The 2005 06 fiscal year therefore runs from 6 April 2005 to 5 April 2006. Income tax, capital gains tax, and annual allowances for inheritance tax are… …   Big dictionary of business and management

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