Both calendar and fiscal years last for 365 days, but can begin on completely different dates. Some businesses opt to make their fiscal year the same as the calendar year for convenience's sake. There ...

An accounting year, or tax year, is the time frame for keeping together records of expenses and income -- information you enter into your annual tax return to calculate taxable income. Individuals ...

To provide guidance for financial year-end closing activities. The UTSA fiscal year is September 1 through August 31. Year-end closing activities are performed each fiscal year to help provide an ...

A fiscal year is any 52-week period used consistently by an organization for the purposes of financial reporting and policy setting. It may or may not correspond with the typical calendar year of ...

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 ...

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It’s nearing the end of the calendar year, and, for most companies, that means the end of the fiscal year as well. With that comes a flurry of accounting tasks that need to get done before the ...

Some companies use the regular calendar year of Jan. 1 through Dec. 31 for accounting and budgeting purposes. Others, however, use an alternate 12-month period to track and record their finances. This ...

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 ...