Fiscal Period
/ˈfɪskəl ˈpɪriəd/
Definitions
- (n.) A specific span of time used for accounting and tax purposes, often a year, during which financial statements are prepared.
The company's fiscal period ends on December 31 each year.
Forms
- fiscal period
- fiscal periods
Related terms
See also
Commentary
In legal documents, a fiscal period defines the duration for financial reporting and tax obligations; precise specification is critical for compliance and clarity.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.