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 ?
Professor Steven Broomhead, former chief executive of the NWDA and the man chosen to lead the regeneration of Chester, described the news as a boost for the Business Quarter.
Vilnius municipality is considering the possibility of constructing the Vilnius Guggenheim Museum near the new business quarter on the right bank of the Neris.
Baltic Business Quarter, a ten year project commenced in 2004, continues to grow, with proposals for the recently announced hotel, nursery and coffee shop element being considered and the arrival in autumn 2008 of the Open University at its new 19,500sqft buildings, which sit next to the Design Centre's site.
Phase 1 of the business quarter is due to complete in May 2004.
Now Premier House, formerly occupied by Lloyds Banking Group staff, is being demolished to enable the next phase of the business quarter to be constructed.
02: 14: 2012 06, Baltimore House, on Baltic Business Quarter in Gateshead., will be transformed following a PS1.7m investment from the European Regional Development Fund.
LAW firm Shoosmiths hosted a drinks reception to mark the grand opening of the newly renovated Colmore Square in the heart of Birmingham's business quarter.
Now in its 10th year, Park Central remains a popular place to live, particularly among young professionals, thanks to its close proximity to Five Ways and New Street railway stations along with the universities, hospitals and the nearby business quarter.
The Northern Design Centre, fast-approaching completion at the Baltic Business Quarter on Gateshead Quays, has seen 35 North East employers working on site.
THE sadly departed spider from Exchange Flags, in the city centre, brought some much-needed intrigue and sparkle to the business quarter.
The plan contains 27 suggested projects and centres on a new retail and leisure district and a business quarter.
Energy giant npower has taken 110,000sq ft of office space at the firm's pounds 300m Baltic Business Quarter by the River Tyne in Gateshead.

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