fiscal period

(redirected from Fiscal Periods)

Fiscal Period

The period of time reflected in financial statements. Usually, the fiscal period is either the calendar year or a quarter. For example, publicly-traded companies must report their financial state for the fiscal period since their previous report. A fiscal period is also called an accounting period.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

fiscal period

The period covered by financial reports. For example, an annual report covers a fiscal period of one year, but a quarterly report includes accounting data for three months. Also called accounting period.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
He wants this to be effected in the FY2019/2020 draft national budget and to subsequently restitute the difference from all other fiscal periods, pending the passage of the Act.
GAAP will be required to comply with the new rule beginning with fiscal periods ending on or after June 15, 2019.
The effective tax rate is impacted by the receipt of USD0.7m in tax refunds associated with prior fiscal periods.
This revised information return must be used for reporting charities' fiscal periods ending in 2013 or later (i.e., on or after January 1, 2013).
The rating action has been prompted by the company's consistent performance over the last two fiscal periods and stable financial position in fiscal 2010, with the balance sheet debt featuring loans from promoters only, Fitch explained.
GAAP with a public float above $5 billion will be required to provide interactive data reports starting with their first quarterly report for fiscal periods ending on or after June 15, 2009.
He suggested that the IRS and Treasury Department consider making the effective date be for transactions occurring after December 31, 2005 (or, for taxpayers with 52-53 week fiscal periods, the end of the taxpayer's applicable fiscal period).
The goals are not complementary, as the revenue portion requires information on filings by fiscal periods, while the Wealth part implies the need to focus on deaths during particular years.
FASB is coordinating the proposed statement's effective date (for fiscal periods beginning after September 15, 2005) with that of the AICPA and Public Company Accounting Oversight Board literature that will be amended when FASB issues the proposed statement as final.
The statement is effective for nonmonetary asset exchanges occurring in fiscal periods beginning after June 15, 2005.
The company is currently estimating the impact of the accounting error and stated that the error has resulted in the overstatement of company revenues and the omission of the related liability for discount obligations in the aforementioned fiscal periods. Hanover requested that the Securities and Exchange Commission extend its deadline up to five days for the filing of its quarterly report for the period ended Sept.