Fiscal Year 2024 Start And End. A fiscal year (fy), also known as a budget year, is a period of time used by the government and businesses for accounting purposes to formulate annual financial statements and reports. Companies use a fiscal year to mark the start and end of their revenue and earnings for a set timeframe, which can then be used for reporting, analysis,.
Let’s break down how it works and why it’s important to run a business. Financial years create a standardised timeframe for business reporting, government budgeting and tax collection.
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