A fiscal year, often referred to as a fiscal year definition, is a 12-month period used by organizations for accounting and financial reporting purposes, distinct from the calendar year. It is crucial for budgeting, financial analysis, and tax reporting, allowing companies to align their financial activities with operational cycles. The fiscal year can start in any month, depending on the organization’s preference or regulatory requirements.
CMA Prep Course
CMA Exam Academy is a proven, 16-week per part online coaching program to help you pass the CMA. The Academy’s comprehensive curriculum will help you pass the CMA exam and achieve your dreams of earning 6-figures per year, ascend to the executive ranks and earn the respect from your peers.
