Since the Suez Canal was inaugurated amid pomp and ceremony 150 years ago, it has become one of the world's most important waterways. But its anniversary will only be discreetly marked in Egypt.
Other
Nov 11, 2019
0
47
The Plainridge Park Casino has created job opportunities for the unemployed and underemployed, among other economic benefits, without an increase in problem gambling, according to University of Massachusetts Amherst researchers ...
Social Sciences
Nov 07, 2019
0
2
n response to a petition and lawsuit from the Center for Biological Diversity, the U.S. Fish and Wildlife Service protected the Barrens topminnow today under the Endangered Species Act. The small, colorful fish is found only ...
Plants & Animals
Oct 21, 2019
0
12
Give me your Christian, your female, your English-speaking with a good education? While not the words on the Statue of Liberty, these seem to be the kinds of refugees that the American public prefers—according to a new ...
Social Sciences
Oct 10, 2019
9
16
NASA on Monday earmarked almost $3 billion to Lockheed Martin to build three Orion capsules, to allow US astronauts to return to the moon by 2024.
Space Exploration
Sep 24, 2019
12
844
Homelessness is a persistent and significant public policy and public health challenge, disproportionately affecting veterans. However, the fiscal year 2020 budget negotiated between President Donald Trump and Speaker Nancy ...
Social Sciences
Sep 10, 2019
0
10
Nintendo will launch a version of its popular Switch console dedicated to players who really prefer gaming on the go.
Consumer & Gadgets
Jul 12, 2019
0
0
Nissan wasn't consulted on the proposed merger between its alliance partner Renault and Fiat Chrysler, but the Japanese automaker's reluctance to go along may have helped bring about the surprise collapse of the talks.
Automotive
Jun 07, 2019
0
8
California retains the crown as the nation's top recipient of federal life science funding, signifying the industry's dynamism, according to a new report from Biocom, a California life science trade group.
Business
Jun 04, 2019
0
6
NASA's next mission to the Moon will be called Artemis, the US space agency announced Monday, though it's still looking for the money to make the journey happen by its accelerated 2024 deadline.
Space Exploration
May 14, 2019
12
2159
A fiscal year (or financial year, or sometimes budget year) is a period used for calculating annual ("yearly") financial statements in businesses and other organizations. In many jurisdictions, regulatory laws regarding accounting and taxation require such reports once per twelve months, but do not require that the period reported on constitutes a calendar year (i.e., January through December). Fiscal years vary between businesses and countries.
In addition, many companies find that it is convenient for purposes of comparison and for accurate stock taking to always end their fiscal year on the same day of the week, where local legislation permits. Thus some fiscal years will have 52 weeks and others 53. Major corporations that adopt this approach include Cisco Systems and Tesco.[citation needed]
In the United Kingdom, a number of major corporations that were once government owned, such as BT Group and the National Grid, continue to use the government's financial year, which ends on the last day of March, as they have found no reason to change since privatisation.
Nevertheless, the fiscal year is identical to the calendar year for about 65% of publicly traded companies in the United States and for a majority of large corporations in the UK and elsewhere (with notable exceptions Australia, New Zealand and Japan).[citation needed]
Many universities have a fiscal year which ends during the summer, both to align the fiscal year with the school year, and because the school is normally less busy during the summer months.
Some media/communication based organizations use a Broadcast calendar as the basis for their fiscal year.
This text uses material from Wikipedia, licensed under CC BY-SA
