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iLikeBewbz
but i Love Cockz
 
Fiscal year.


When does the fiscal year end? Or is it different for every company, and why do we even have a fiscal year?

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Old 05-28-2005, 10:15 AM iLikeBewbz is offline  
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#1  
Suicide King
 
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yesterday
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Old 05-28-2005, 10:15 AM Suicide King is offline  
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Pentahedral
 
Quote:
Originally Posted by SuicideKing
yesterday

Actually today
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Old 05-28-2005, 10:17 AM Pentahedral is offline  
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#3  
Hungry Hippo
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Quote:
Originally Posted by iLikeBewbz
When does the fiscal year end? Or is it different for every company, and why do we even have a fiscal year?

its different for every company/organization.
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Old 05-28-2005, 10:23 AM Hungry Hippo is offline  
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synaesthesia
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Quote:
Originally Posted by Pentahedral
Actually today

actually in 42 days
Old 05-28-2005, 10:23 AM synaesthesia is offline  
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FlagsAndTutus
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whenever they want it to.
edit: the day before it begins.
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Old 05-28-2005, 10:25 AM FlagsAndTutus is offline  
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Latetowork
 
End of June is what I care about....
Old 05-28-2005, 10:26 AM Latetowork is offline  
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Double[oh]7
 
Companies choose their own fiscal years. The default fiscal year ends on December 31, but if a company wants to report on a different time period it has the freedom to do so. Note, however, that once they choose a particular fiscal year they cannot change it immediately, as there would be a conflict in data consistency from one year to the next.

Companies change their fiscal years from the standard calendar year because they may want to "end" on a different reporting date to accurately reflect their business's cycle. An ice cream parlor, for example, might have a fiscal year end of August 31, since its peak would just be finished and for reporting purposes, it looks a lot better to end high then to end and report on December 31 when sales would be very low.
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Old 05-28-2005, 10:43 AM Double[oh]7 is offline  
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Milkman
 
fiscal years are
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Old 05-28-2005, 11:03 AM Milkman is offline  
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ViriiK
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So you can forget when to pay your Bullshit and they own you in the ass afterwards
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Old 05-28-2005, 11:04 AM ViriiK is offline  
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Old 05-28-2005, 11:05 AM goatrape is offline  
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