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Fiscal Year

  • Riaz Ahmed
Chapter

Abstract

Organizations are required by law to produce a set of annual accounts. To this end, their general ledger systems must maintain a fiscal calendar. Although the specific start and end dates of a fiscal year vary from country to country, for our purposes, the year will start on July 1st and end on June 30th. In addition, each fiscal year is normally subdivided into periods. For our purposes, each period will be a calendar month.

Copyright information

© Riaz Ahmed 2019

Authors and Affiliations

  • Riaz Ahmed
    • 1
  1. 1.KarachiPakistan

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