financial year
Definition
Accounting period that can start on any day of a calendar year but has twelve consecutive months (52 consecutive weeks) at the end of which account books are closed, profit or loss is computed, and financial reports are prepared for filing. It may or may not match a calendar year. Called fiscal year in the US.
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financial year is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
financial year appears in the definitions of the following terms: final dividend, fiscal year, trade deficit, final accounts, accounting reference period and bed and breakfast deal
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