According to the website, they run the same fiscal year as the Federal Government. This means that the fiscal year ends on Sept 30th and the new one begins on Oct 1st.
when the fiscal year beginning in the philippines
Matching principles advocates the matching of all expenses in specific fiscal year with matching reveneus for the same fiscal year.
the German fiscal year in January 1st... and ends in December 31st....
Fiscal usually relates to matters of financial stature. Fiscal could also relate to taxes and government issues. The use of the word fiscal can be combined in conjunction with fiscal cliff, fiscal year, fiscal deficit, fiscal policy and fiscal parish.
Fiscal Year or Financial Year
Dividends declared will not be recorded until they are actually paid. You should record the portion paid this year in your retained earnings and the portion that is paid in the next fiscal year in the subsequent year.
"año fiscal" "AF"
A calendar year, by definition, starts on January 1 and ends on December 31. A fiscal year does not need to do that. Many companies, and organizations including Universities and Colleges, start their fiscal year on July 1.
Unexpired insurance at the end of fiscal year is that amount of insurance paid in advance but part of which is not consumed during fiscal year.
The fiscal year is (or should be) stated in a company's charter. If it's incorporated (with stock sold to the public), the fiscal year will be stated in its annual reports to stockholders. Even if not publicly owned, the fiscal year MUST be stated in its tax returns, which ought to be a matter of public record.
The matching principle requires that cost of each fiscal year should be matched with revenue of that fiscal year and no previous or future period cost and revenues can be match in current fiscal year.