fiscal year


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Related to fiscal year: fiscal policy

fiscal year

(FY) (fiskăl yēr)
Any 12-month cycle that a business or other enterprise chooses to organize its financial reporting.
References in periodicals archive ?
In fiscal year 2005, regional stability will be advanced through success in attacking terrorism.
accrual and calendar vs fiscal year discrepancies, the character of income issues, basis and associated deductions, consolidated return questions, and special problems related to foreign transactions -- corporate information returns would likely prompt unnecessary requests for reconciliation, they would inject inefficiencies in a process that already works well.
However, Anthony argued that the rules are still overly restrictive and that "on average, only about 20% of small businesses on a fiscal year before TRA 1986 remain on a section 444 fiscal year.
As many of you will recall, at my first budget testimony to this committee last April, I told you that what we were requesting for fiscal year 2002 represented a significant increase in the Department's resources for that fiscal year.

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