Fiscal year. > A fiscal year is a one-year period that companies and governments use for financial reporting and budgeting. A fiscal year is most commonly used

Fiscal year. > A fiscal year is a one-year period that companies and governments use for financial reporting and budgeting. A fiscal year is most commonly used for accounting purposes to prepare financial statements. Although a fiscal year can start on Jan. 1 and end on Dec. 31, not all fiscal years correspond with the calendar year. [1] [2] [1] https://www.investopedia.com/terms/f/fiscalyear.asp https://www.investopedia.com/terms/f/fiscalyear.asp [2] https://en.wikipedia.org/wiki/Fiscal_year https://en.wikipedia.org/wiki/Fiscal_year