What are the dates for fiscal year 2020?
A fiscal year is denoted by the year in which it ends, not in which it starts, so the US federal government fiscal year starting on October 1, 2019 and ending on September 30, 2020 is denoted as the fiscal year 2020 (often abbreviated as FY2020 or FY20), not as fiscal year 2019/20.
What is the period of a 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.
Is fiscal year and calendar year the same?
The Internal Revenue Service (IRS) defines the calendar year as January 1 through December 31. A fiscal year is any consecutive 12-month period that ends on the final day of any month except December. It is normally 52 to 53 weeks long.
What are the dates for fiscal year 2023?
Fiscal year 2023 or “FY 2023” means the period beginning July 1, 2022, and ending June 30, 2023. Fiscal year 2023 means the fiscal year of the Company commencing on January 1, 2023 and ending on December 31, 2023.
What is the difference between fiscal year and fiscal period?
Because the fiscal year straddles two different calendar years, the calendar year and fiscal year will not always match. For example, Fiscal Year 2022 runs from July 1, 2021 – June 30, 2022.
What are the 4 financial quarters?
The standard calendar quarters that make up the year are as follows:
- January, February, and March (Q1)
- April, May, and June (Q2)
- July, August, and September (Q3)
- October, November, and December (Q4)
What are the quarter dates for 2022?
Current Year (2022)
Quarter | Start Date | End Date |
---|---|---|
Q1 | 01-01-2022 | 31-03-2022 |
Q2 | 01-04-2022 | 30-06-2022 |
Q3 | 01-07-2022 | 30-09-2022 |
Q4 | 01-10-2022 | 31-12-2022 |