end of fiscal year; end of year (EOY)

简明释义

年度末[财政或会计]

英英释义

The end of the fiscal year refers to the conclusion of a company's financial reporting period, which may differ from the calendar year and is used for accounting purposes.

财政年度结束是指公司的财务报告期的结束,这可能与日历年不同,并用于会计目的。

The end of year (EOY) typically signifies December 31st, marking the close of the calendar year, often associated with annual assessments and evaluations.

年末(EOY)通常指12月31日,标志着日历年的结束,通常与年度评估和评估相关联。

例句

1.We need to conduct a performance review at the end of fiscal year; end of year (EOY) to assess our progress.

我们需要在财政年度结束; 年底 (EOY)进行绩效评估,以评估我们的进展。

2.Sales reports must be submitted by the end of fiscal year; end of year (EOY) to ensure accurate accounting.

销售报告必须在财政年度结束; 年底 (EOY)之前提交,以确保准确的会计记录。

3.The company plans to finalize its budget by the end of fiscal year; end of year (EOY).

公司计划在财政年度结束; 年底 (EOY)之前完成预算。

4.The financial team is preparing for audits that occur after the end of fiscal year; end of year (EOY).

财务团队正在为在财政年度结束; 年底 (EOY)后进行的审计做准备。

5.Many companies offer bonuses at the end of fiscal year; end of year (EOY) based on performance.

许多公司根据绩效在财政年度结束; 年底 (EOY)时提供奖金。

作文

The concept of the end of fiscal year; end of year (EOY) is crucial in the world of finance and accounting. It signifies a critical point in time when organizations close their financial books for the year, allowing them to assess their financial performance over the past twelve months. Understanding this term is essential for anyone involved in business management, accounting, or financial planning. The end of fiscal year; end of year (EOY) can vary depending on the organization. For many companies, it aligns with the calendar year, ending on December 31st. However, some businesses operate on a different fiscal calendar, which might conclude on a date such as June 30th or September 30th. This variation is significant because it affects how financial statements are prepared and reported.At the end of fiscal year; end of year (EOY), organizations typically engage in several important activities. First and foremost, they conduct a thorough review of their financial statements, including the income statement, balance sheet, and cash flow statement. This review allows management to identify trends, evaluate profitability, and make informed decisions for the upcoming year. Additionally, the end of fiscal year; end of year (EOY) is often a time for budgeting and forecasting. Companies will analyze their past performance to set realistic goals and budgets for the next fiscal year.Another vital aspect of the end of fiscal year; end of year (EOY) is tax preparation. Businesses must ensure that they comply with tax regulations and accurately report their income and expenses. This process often involves working closely with accountants and tax professionals to maximize deductions and minimize tax liabilities. Missing deadlines or making errors during this period can lead to significant financial repercussions, making it imperative for organizations to be diligent and organized.Furthermore, the end of fiscal year; end of year (EOY) serves as a benchmark for stakeholders, including investors and creditors. They rely on annual reports to gauge a company’s performance and make investment decisions. A strong performance at the end of fiscal year; end of year (EOY) can boost investor confidence and attract new capital, while poor results can have the opposite effect. Therefore, the way a company presents its financial information at this time can significantly impact its market position and reputation.In addition to financial analysis, the end of fiscal year; end of year (EOY) is also a time for reflection and strategic planning. Companies often use this period to assess their strengths and weaknesses, revisit their mission and vision, and realign their strategies with long-term goals. This introspection is vital for fostering growth and ensuring that the organization remains competitive in a rapidly changing market.In conclusion, the end of fiscal year; end of year (EOY) is a pivotal moment for businesses across various sectors. It encompasses a range of activities, including financial reporting, tax preparation, stakeholder communication, and strategic planning. By understanding the significance of the end of fiscal year; end of year (EOY), individuals and organizations can better navigate the complexities of financial management and position themselves for future success.

“财年结束; 年末 (EOY)”的概念在金融和会计领域至关重要。它标志着一个重要的时间节点,组织在这一时刻关闭其年度财务账目,从而能够评估过去十二个月的财务表现。理解这个术语对于任何参与商业管理、会计或财务规划的人来说都是必不可少的。“财年结束; 年末 (EOY)”的时间可能因组织而异。对于许多公司来说,它与日历年一致,结束于12月31日。然而,一些企业则按照不同的财务日历运作,可能在6月30日或9月30日结束。这种差异是重要的,因为它影响财务报表的准备和报告。在“财年结束; 年末 (EOY)”时,组织通常会进行几项重要活动。首先,他们会对财务报表进行全面审查,包括损益表、资产负债表和现金流量表。这一审查使管理层能够识别趋势、评估盈利能力,并为即将到来的年度做出明智的决策。此外,“财年结束; 年末 (EOY)”通常也是预算和预测的时机。公司会分析过去的表现,以为下一个财年设定现实的目标和预算。“财年结束; 年末 (EOY)”的另一个重要方面是税务准备。企业必须确保遵守税收法规,准确报告其收入和支出。这一过程通常涉及与会计师和税务专业人士紧密合作,以最大化扣除并最小化税务负担。在此期间错过截止日期或出现错误可能会导致重大的财务后果,因此组织必须保持勤奋和有序。此外,“财年结束; 年末 (EOY)”也为利益相关者提供了一个基准,包括投资者和债权人。他们依赖年度报告来评估公司的表现并做出投资决策。在“财年结束; 年末 (EOY)”时的强劲表现可以增强投资者信心并吸引新资本,而不佳的结果则可能产生相反的效果。因此,公司在此时呈现财务信息的方式可能会显著影响其市场地位和声誉。除了财务分析外,“财年结束; 年末 (EOY)”也是反思和战略规划的时机。公司通常会利用这一时期评估自身的优势和劣势,重新审视其使命和愿景,并将其战略与长期目标对齐。这种内省对于促进增长和确保组织在快速变化的市场中保持竞争力至关重要。总之,“财年结束; 年末 (EOY)”是各个行业企业的关键时刻。它涵盖了一系列活动,包括财务报告、税务准备、利益相关者沟通和战略规划。通过理解“财年结束; 年末 (EOY)”的重要性,个人和组织可以更好地应对财务管理的复杂性,并为未来的成功做好准备。

相关单词

fiscal

fiscal详解:怎么读、什么意思、用法

year

year详解:怎么读、什么意思、用法