Tell me what is fiscal year? Compare it with normal year?

Submitted by: Administrator
Fiscal Year means the financial year .In india it is April to march. In singapore it is July to june. In hongkong it is Jan to dec.
Normal year is nothing but english calendar year jan to dec. If the company operating more than countries and it faces such a situation changes in finacial year , they will go for comparison analyis. in such that case the company may suggests all the country to follow the uniform year for make a conclusion.
Submitted by: Administrator

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