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07-27-2008, 10:26 AM
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#2 (permalink) |
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Tilted Cat Head
Administrator
Location: Manhattan, NY
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Fiscal quarters depend on the fiscal year.
A fiscal year can start whenever the company decides it starts. Some pick calendar years as their FY, others pick some other dates. The company I work for uses June 1 - May 31 as their fiscal year. The corporation that I'm on the board of directors uses July 1 - June 30. Obviously each quarter is in 3 month time periods and start from the beginning of the fiscal year.
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07-27-2008, 10:32 AM
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#3 (permalink) |
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Asshole
Administrator
Location: Chicago
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We're on a calendar year, so our runs 1/1 to 3/31, 4/1 to 6/30, 7/1 to 9/30 and 10/1 to 12/31. That's typical of a financial services company, but it's not a rule. If I remember right, Markel's year runs 7/1 to 7/1.
Like Cyn said, the company can do whatever it wants.
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| Tags |
| fiscal, quarters |
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