Fiscal Year

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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 ?
Services revenue increased by $0.7 million, or 24.3%, in the third fiscal quarter of 2019 compared to the third fiscal quarter of 2018.
H&P Technologies had an operating loss of $10.3 million for the first fiscal quarter. H&P Technologies was formed in late 2018 to develop advanced technologies and directional drilling automation technology.
Revenue for the third fiscal quarter from the publishing division totaled $3.2 million, up 29.6 percent from $2.4 million.
Operating loss was USD 23.4 million, compared to operating loss of USD 33.6 million in the previous year fiscal second quarter and operating loss of USD 23.0 million in the prior fiscal quarter; and
The company reported sales at USD494.4m in the third fiscal quarter of 2017, an increase of 1.5 percent compared to USD462.4m in the year-ago period.
o the 2014 Q3 Report will not be required to be delivered to the Trustee if the unaudited financial information for the fiscal quarter ended September 30, 2014, presented in accordance with Item 302 of Regulation S-K in a level of detail that complies with Regulation S-X Article 10 but excluding footnotes, is included in the 2014 annual report that is delivered to the trustee on or before June 24, 2015
Net income increased by 65% to USD0.6m (USD0.06 per diluted share) in the first fiscal quarter 2011 compared to USD0.4m (USD0.04 per diluted share) in the same period last year.
The weak US dollar was a boon to Becton Dickinson & Co.'s bottom line in the third fiscal quarter, helping the company boost its profits by 21% and push revenues to a record $1.87 billion.
La-Z-Boy, headquartered in Monroe, MI, reported sales of $596 million in its fourth fiscal quarter ended April 27, compared to $593 million in 2001.
Environmental technology company Seychelle Water Filtration Products (OTCQB:SYEV) reported on Friday that its net income was USD47,793 for the fiscal quarter ended 31 May 2019.
On January 29, KLA provided guidance for revenue for the third fiscal quarter in the range of $880M-$960M.
on Monday reported net income for the first fiscal quarter ended Aug.