Investment Language 101 Series: TERM OF THE DAY: -- What Is: ' Fiscal Year-End ' | E.59 | Trading Candle Cheat Sheet Incl. Each Episode.
A series designed to help all the new people flooding into & entering Crypto/Investments daily who get thrown into the rabbit hole so to speak and everything is new to them.
Bitshares 101 Focus/Resources Section for New Crypto Folks now included near the end of each post - starting just prior to Christmas 2017. BTS is a Decentralized Exchange and much more. Very undervalued!
It is a TLDR / Short Form Series, covering ONLY one thing each episode in blue collar, easy to understand language to give a SHORT OVERVIEW of the term or lesson of the day.
It is specifically designed this way to keep it short and simple.
People can then search out extra info if they wish.
I've never seen a regular series or resource running on Steemit to continually address this basic need so I decided to do it.
TERM OF THE DAY:
What is....
' Fiscal Year-End ' ?
--
Fiscal year-end is the completion of a one-year, or 12-month, accounting period. The reason that a company's fiscal year often differs from the calendar year and may not close on Dec. 31 is due to the nature of a company's needs. If the fiscal year-end is too close to a heavy selling season, the company may have a hard time producing annual financial statements and counting inventories because manpower and resources are dedicated to the sales floor.
--
Breaking Down...
' Fiscal Year-End ' :
--
Every year public companies are required to publish financial statements for review by the Securities and Exchange Commission.
These documents give investors an update on company performance compared to previous years and provide analysts with a way to understand business operations. Financial statements are published at the end of each fiscal year-end. The fiscal year-end depends on the company. While most companies have a fiscal year-end at the end of December, others vary based on the industry or some other business need. Many companies operate on a non-calendar business cycle or have a supplier base that does.
-- Fiscal Year-End Vs. Calendar Year-End:
For example, if a company has a fiscal year-end that is the same as the calendar year-end, it means that the fiscal year ends on Dec. 31. However, many companies, such as those in the retail sector, have a fiscal year that ends in January due to the heavy sales cycle during the holiday season. These companies have a fiscal year-end of Jan. 31 rather than Dec. 31. Some might say that the academic year-end is August because it starts in September. The best time for a resort to report earnings is probably after vacation season.
The best fiscal year-end for any one business is generally designed with the needs of the company in mind. However, companies must decide on their fiscal year-end when they file for incorporation. It is not something that can be changed every year. It is also important to note that the timing of a company's fiscal year does not change the due date on taxes. For example, taxes, which are based on a calendar year-end, are still due on April 15 regardless of the fiscal year-end.
-- Analysis Considerations:
Analysts rely on comparative data to identify trends and create forecasts. For example, if the analyst compares two companies with different fiscal years, it may skew the analysis, so it is important to convert one company to the other company's fiscal year. This is especially the case for companies in seasonal industries.
Your Friend in Liberty, Barry.
Trading Candle Cheat Sheet:
--
Further Reading/Source/Resources
Friend of the People -- Enemy of the State.
--
Bitshares 101 Focus/Resources Section:
for New Crypto Folks.
https://bitshares.org/
--
-- Bitshares is a Trading platform, and a LOT more.... designed by blockchain wizard here Dan Larimer - @dan / @dantheman.
I've blogged on him, and BTS many many times.
It's a place you can use that is decentralized, with an active community, to use trading lessons like this, that we are learning together.
Just a few of my past $BTS blogs....
to help you apply lessons today!
--
Thanks for reading, have a nice day.
PixaBay has tons of free pictures for us all to use!!!
Super Easy/Fast Picture Edits / Resizing at: http://www.picresize.com/ and also https://www298.lunapic.com/editor/
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
Most Images: Gif's - via Giphy.com , Funny or Die.com / Pixabay. Today:
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
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EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
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DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
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ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, trying to build community, put out content and engage people, help and donate to people, and I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
A series designed to help all the new people flooding into & entering Crypto/Investments daily who get thrown into the rabbit hole so to speak and everything is new to them.
Bitshares 101 Focus/Resources Section for New Crypto Folks now included near the end of each post - starting just prior to Christmas 2017. BTS is a Decentralized Exchange and much more. Very undervalued!
It is a TLDR / Short Form Series, covering ONLY one thing each episode in blue collar, easy to understand language to give a SHORT OVERVIEW of the term or lesson of the day.
It is specifically designed this way to keep it short and simple.
People can then search out extra info if they wish.
I've never seen a regular series or resource running on Steemit to continually address this basic need so I decided to do it.
TERM OF THE DAY:
What is....
' Fiscal Year-End ' ?
--
Fiscal year-end is the completion of a one-year, or 12-month, accounting period. The reason that a company's fiscal year often differs from the calendar year and may not close on Dec. 31 is due to the nature of a company's needs. If the fiscal year-end is too close to a heavy selling season, the company may have a hard time producing annual financial statements and counting inventories because manpower and resources are dedicated to the sales floor.
--
Breaking Down...
' Fiscal Year-End ' :
--
Every year public companies are required to publish financial statements for review by the Securities and Exchange Commission.
These documents give investors an update on company performance compared to previous years and provide analysts with a way to understand business operations. Financial statements are published at the end of each fiscal year-end. The fiscal year-end depends on the company. While most companies have a fiscal year-end at the end of December, others vary based on the industry or some other business need. Many companies operate on a non-calendar business cycle or have a supplier base that does.
-- Fiscal Year-End Vs. Calendar Year-End:
For example, if a company has a fiscal year-end that is the same as the calendar year-end, it means that the fiscal year ends on Dec. 31. However, many companies, such as those in the retail sector, have a fiscal year that ends in January due to the heavy sales cycle during the holiday season. These companies have a fiscal year-end of Jan. 31 rather than Dec. 31. Some might say that the academic year-end is August because it starts in September. The best time for a resort to report earnings is probably after vacation season.
The best fiscal year-end for any one business is generally designed with the needs of the company in mind. However, companies must decide on their fiscal year-end when they file for incorporation. It is not something that can be changed every year. It is also important to note that the timing of a company's fiscal year does not change the due date on taxes. For example, taxes, which are based on a calendar year-end, are still due on April 15 regardless of the fiscal year-end.
-- Analysis Considerations:
Analysts rely on comparative data to identify trends and create forecasts. For example, if the analyst compares two companies with different fiscal years, it may skew the analysis, so it is important to convert one company to the other company's fiscal year. This is especially the case for companies in seasonal industries.
Your Friend in Liberty, Barry.
Trading Candle Cheat Sheet:
--
Further Reading/Source/Resources
Friend of the People -- Enemy of the State.
--
Bitshares 101 Focus/Resources Section:
for New Crypto Folks.
https://bitshares.org/
--
-- Bitshares is a Trading platform, and a LOT more.... designed by blockchain wizard here Dan Larimer - @dan / @dantheman.
I've blogged on him, and BTS many many times.
It's a place you can use that is decentralized, with an active community, to use trading lessons like this, that we are learning together.
Just a few of my past $BTS blogs....
to help you apply lessons today!
--
Thanks for reading, have a nice day.
PixaBay has tons of free pictures for us all to use!!!
Super Easy/Fast Picture Edits / Resizing at: http://www.picresize.com/ and also https://www298.lunapic.com/editor/
If you liked this blog post - please Resteem it and share good content with others!
--
Some of my recent blogs:
--
Most Images: Gif's - via Giphy.com , Funny or Die.com / Pixabay. Today:
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, trying to build community, put out content and engage people, help and donate to people, and I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
--
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
EOS (EOS) - 0xD37bEFf5bf07E3aa432de00cE0AaA8df603A4fB0
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
This has really upset some people but I do not force my opinions on others, or need to communicate every detail of my life or issues, most people do not care anyways. I invested around 10 hours or more a day on Steemit most of my first 13 mths here, trying to build community, put out content and engage people, help and donate to people, and I just do not have that time in my life right now, and that includes for replies and voting/curation.
I have done my best, sorry if you do not understand like some are clearly having a problem with. It's a blogging platform, and I will do my best at everything, and to keep blogging.
Carry On.
Cool post! Very informative and very professional!
well crafted, do you think cardno will at some point overtake ethereum?
Why do you comment on my posts, I asked earlier but not vote for them?
Good question. Why wouldn't I vote a post if I found it interesting enough to comment? Doesn't make sense actually. Wondering what's @monjan's answer :D
i love commenting its my way of showing support since i don't much steem power ,
do i offend you you in a way?
Still doesn't make sense @monjan. Upvoting isn't just about rewarding the author. It is also about earning curation rewards for yourself and promoting good quality content. I do generously vote any post or comment that furthers a conversation on the subject relevant to the post as I am doing now.
You know man, I think I am going to start letting people know all you do is comment --- I went down the blockchain and you don't vote for people, just comment. That is scammy and frowned upon here.
Why do you do this --- I can see my questions to you, on the blockchain, on this and you have not answered.
You comment on a lot of whales posts for exposure it seems and you do not give anyone a vote.
Everyone should take notice of this guy people!!!! Not very community minded, you are sitting at 100% votepower it shows, and all you do is make it look like you are polite and nice --- but you are a scammer.
I will be letting people know publicly about this. -- right after your comments to them.
@barrydutton I think it may not be a spam comment as long as it isn't generic one and does not further the conversation or asks to visit his post. But I still don't get it what does he gain from not voting a post that he is commenting.
i do vote but i don't have much steempower so my voting would not help any curator
But that's more a reason to vote my friend, because you gain from curation rewards even if the author does not benefit enough from your vote.
i joined a curation trail coz it was better even when i was not online i would continue to vote on peoples posts
you are mistaken if you closer ,i do vote a lot but i have to wait for my vote to get to 100% for it to have a meaning , this a blockchain an open platform for everyone to participate as they wish all you have to tell is "stop commenting on my blog" that's it no need to get offended bro this is also a comment .
i totally love commenting , if you don't like it then let show support to who want my support
i have never told you you blog too much coz you do, but at the end of the day yougive great insight that's what i love about your blogs
1 / Who are you to tell anyone here, how much blogging is too much????
2/ It's a BLOGGING platform.
3 / I am stuck at home with injuries, not that it is any of your business or that you care. That is also why I am on here a lot.
3 / I work hard on here despite my challenges I now have.
I have done a lot to support this community and many users. I've gone down your blog on the blockchain far enough to see what you are doing and that is where my analysis comes from.
I see you have muted some people, not that I have gone that far as to seeing why -- but I wonder how much it might have to do with others saying the same thing to you.
first of all am sorry for your injuries, even if you hate me so much i do care,
you do blog alot which is not bad it doesn't matter its a blogging platform you can do as much as you want so long as its within blogging rules.
another thing i don't know why you are telling me you are doing so much for the community because i know you do ,that's why i comment on your blog
i have only muted guys who upload porn on the site .
whatsup man why do you hate so much?
Great topic.