Fiscal Year

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Related to Business quarter: Last Fiscal Year, Fiscal Year End

Fiscal Year


a period of time used as a reference in accounting and in planning for enterprises and associations or for the national economy as a whole. Its duration is 12 months, but the date on which it begins may vary.

In capitalist countries the fiscal year for industry coincides with the calendar year, but for agriculture the fiscal year is determined by the period of the agricultural year. In the USSR the fiscal year, as a rule, ran from October to September 30 during the period from September 1921 to September 1930. A decree of the Central Executive Committee of the USSR of Sept. 20, 1930, established the fiscal year for periods from January 1 to December 31. For animal husbandry in the USSR the fiscal year, beginning in 1953, ran from October 1 to September 30, but in 1957 the beginning of the fiscal year was again transferred to January 1 of the corresponding year.

References in periodicals archive ?
The Baltic Business Quarter is a 12-year scheme which will start slowly and then accelerate and we believe that will still be the case, but of course in today's environment that is difficult to predict.
QUALITY: The Corn Exchange, built in 1952 in the heart of the business quarter, has been extensively refurbished
It said: "At its Baltic Business Quarter scheme in Gateshead, Terrace Hill announces that the pre-let to npower will not proceed.
The Labour MP and Gateshead College principal David Cheetham went on a tour of the campus being built in the Baltic Business Quarter.
An additional 133 one andtwo bedroom apartments are also being created at the site on the fringe of the city's business quarter.
Plans are under way to connect the site of the former Freightliner depot near Gateshead town centre, to the ultra-high-speed broadband communications service being developed by Gateshead Technology Innovations, (G-ti) for the nearby Baltic Business Quarter.
The Open University has bought a 19,500 sq ft office building at the Baltic Business Quarter by the Tyne in Gateshead.
OFFICE space is available at Castle Chambers, another prominent building in the business quarter of Liverpool.
Tripp Lite and Kyrus agreed to a three-year, non-exclusive distribution agreement to begin in the 4th business quarter of 1999.
The Nicklin Unseen images will be displayed in the city's business quarter after securing a Heritage Lottery Fund (HLF) Sharing Heritage grant.
Nick Hegarty, director of Compute (Bridgend) Ltd said: "We are delighted to attract such a high-calibre professional services client such as Graham Paul Ltd to the Court House which will serve to really strengthen this business quarter in the town centre.

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