fiscal year

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fiscal year

(FY) (fiskăl yēr)
Any 12-month cycle that a business or other enterprise chooses to organize its financial reporting.
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Bus and coach manufacturer Optare plc (LSE:OPE) announced today a change in the company's accounting reference date.
For example, if the company decides to change its accounting reference date and forgets to tell Companies House, then the accounts will be consider late when they arrive on the new date.

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