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What is the difference between a fiscal year end and a calendar year end?

Calendar year-end refers to the actual calendar, which would be the 12 months from January 1st Year 1 to December 31, Year 1. The fiscal year can start on any month and then the year-end date is 12 consecutive months from that date. If a company has a fiscal year-end of June 30th, then the company would report the operations from the 12 months from July 1st Year 1 to June 30th Year 2.

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