Calendar Year

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January 1, 1 5 min read Definitions

EOY End of Year Fiscal Year Calendar Year Financial Reporting Tax Preparation Business Analysis

The term End of Year (EOY) refers to the time typically at the end of the fiscal or calendar year, important for financial reporting, tax preparation, and business analysis.

Read more about End of Year (EOY).

January 1, 1 6 min read Definitions

Fiscal Year (FY)

Fiscal Year Accounting Period Financial Reporting Business Finance Calendar Year Tax Year

The term Fiscal Year (FY) is used in business and finance to signify a one-year period chosen for accounting and financial reporting purposes. Unlike the calendar year that runs from January 1 to December 31, a fiscal year can start and end on any dates as chosen by the organization.