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| Re: Kwanzaa begins today (179587) | |||
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Re: Kwanzaa begins today |
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Posted by Peter Rosa on Wed Dec 27 11:26:30 2006, in response to Re: Kwanzaa begins today, posted by Terrapin Station on Wed Dec 27 11:18:07 2006. I thought many/most financial things were determined by a year that ends June 30 or other such "fiscal years"?Some businesses follow a "fiscal year" and others use the normal calendar year. Generally, those that use a fiscal year do so because their business tends to be seasonal, and ending the year on some day other than December 31 more accurately reflects a full year's worth of business and minimizes year-to-year carryovers. My LIRR/NYCT blog |
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