FY2023

FY2023 refers to the fiscal year 2023. Fiscal years are accounting periods that businesses and governments use to prepare financial statements. These periods do not always align with the calendar year. For many organizations, the fiscal year starts on July 1st and ends on June 30th of the following calendar year. Therefore, FY2023 for such entities would encompass the period from July 1, 2022, to June 30, 2023. Other organizations may have different fiscal year end dates, such as December 31st, making their FY2023 the same as the calendar year 2023. The specific start and end dates of a fiscal year are determined by an entity's internal policies or by regulatory requirements. Discussions of budgets, financial performance, and economic trends often reference specific fiscal years to provide context. Understanding which fiscal year is being referred to is crucial for accurate financial analysis and reporting.