What is an accounting period ?

Author: Ruban
Sector: Education
Industry: Investment

For a publicly listed company accounting period is an established range of time in which accounting functions are performed, aggregated, analyzed, and reported for a calendar year or fiscal year. Typically in a fiscal year or calendar year, there will be four quarterly accounting period, which is called Quarter(Q1) 1, Q2, Q3, and Q4. The potential shareholders analyze the company's performance based on a fixed accounting period.

FiscalYear vs. Calender year

If an entity begins aggregating accounting records on the first day of January and stops accumulating data on the last day of December, then its called calendar year. For a fiscal year, a company can arbitrarily set its beginning of accounting period to any date, and financial data is accumulated for one year from this date.

For example, a publicly listed ABC company set its fiscal year starting from April 1 would end on March 31 and it will report its financial performance every three months for the fiscal year, which is called Q1, Q2, Q3, and Q4, which ends on March 31.


News by sectors

Card image cap
Electronics business news

Financial news about publicly listed comapnies in electronics sector.

Read
Card image cap
Basic Materials business news

Financial news about publicly listed comapnies in Basic Materials sector.

Read
Card image cap
Industrials business news

Financial news about publicly listed comapnies in Industrials sector.

Read

Card image cap
Technology business news

Financial news about publicly listed comapnies in Technology sector.

Read