October to December
The U.S. government's fiscal year begins on October 1 of the previous calendar year and ends on September 30 of the year with which it is numbered. Prior to 1976, the fiscal year began on July 1 and ended on June 30. The Congressional Budget and Impoundment Control Act of 1974 stipulated the change to allow Congress more time to arrive at a budget each year, and provided for what is known as the "transitional quarter" from July 1, 1976 to September 30, 1976. As stated above, the tax year for a business is governed by the fiscal year it chooses.For example, the United States government fiscal year for 2010 ("FY 2010" or "FY10") is as follows:1st Quarter: October 1, 2009 - December 31, 20092nd Quarter: January 1, 2010 - March 31, 20103rd Quarter: April 1, 2010 - June 30, 20104th Quarter: July 1, 2010 - September 30, 2010This three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.
calculating a budget deficit
The main difference between the fiscal and budget deficit is of time period in consideration.Fiscal Deficit is the Govt. Deficit (Government Expenditures - Government Earnings (excluding borrowings)) for a fiscal year let say 2008-09 while...Budget Deficit is the Govt. Deficit in fiscal year 2008-09 (i.e. fiscal deficit for year 2008-09) plus the past Debt over the Government (i.e. the net sum of all past Fiscal deficit/surplus before fiscal year 2008-09).
October 1st through September 30th
October to December
2nd Quarter of the 2012 Fiscal Year
Second
The provision of budget authority that becomes available for obligation in the last quarter of a fiscal year and remains available during the following fiscal year. That form of funding typically finances ongoing education grant programs.
3rd Quarter
The United States Government's fiscal year begins on October 1 and ends on September 30.
second
second
The net earnings in the first three months of a new business year. If a corporation's fiscal year ends on December 31, for instance, the first quarter is composed of the months January, February and March. There are four quarters in a fiscal year.
3rd Quarter
Q4 means "4th Quarter". A company has fiscal 4th quarter and annual 4th quarter. Fiscal (for financial) updates of the company and may start any month of the year. Annual 4th Quarter is the last 3 months of a year. (12 months/4 = 3 months per quarter)
The U.S. government's fiscal year begins on October 1 of the previous calendar year and ends on September 30 of the year with which it is numbered. Prior to 1976, the fiscal year began on July 1 and ended on June 30. The Congressional Budget and Impoundment Control Act of 1974 stipulated the change to allow Congress more time to arrive at a budget each year, and provided for what is known as the "transitional quarter" from July 1, 1976 to September 30, 1976. As stated above, the tax year for a business is governed by the fiscal year it chooses.For example, the United States government fiscal year for 2010 ("FY 2010" or "FY10") is as follows:1st Quarter: October 1, 2009 - December 31, 20092nd Quarter: January 1, 2010 - March 31, 20103rd Quarter: April 1, 2010 - June 30, 20104th Quarter: July 1, 2010 - September 30, 2010This three-month period on a financial calendar that acts as a basis for the reporting of earnings and the paying of dividends.