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Fiscal Year
A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally with the reporting period not aligning with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes, such as income tax. Many annual government fees—such as council tax and license fees, are also levied on a fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems, end their fiscal year on the same day of the week each year: the day ...
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Financial Report
Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management discussion and analysis: # A balance sheet or statement of financial position, reports on a company's assets, liabilities, and owners equity at a given point in time. # An income statement—or profit and loss report (P&L report), or statement of comprehensive income, or statement of revenue & expense—reports on a company's income, expenses, and profits over a stated period. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the stated period. # A statement of changes in equity or statement of equity, or statement of retained earnings, reports on th ...
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Business Group
A corporate group or group of companies is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law, accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. In Germany, where a sophisticated law of the " concern" has been developed, the law of corporate grou ...
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Brazil
Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area and the seventh most populous. Its capital is Brasília, and its most populous city is São Paulo. The federation is composed of the union of the 26 States of Brazil, states and the Federal District (Brazil), Federal District. It is the largest country to have Portuguese language, Portuguese as an List of territorial entities where Portuguese is an official language, official language and the only one in the Americas; one of the most Multiculturalism, multicultural and ethnically diverse nations, due to over a century of mass Immigration to Brazil, immigration from around the world; and the most populous Catholic Church by country, Roman Catholic-majority country. Bounded by the Atlantic Ocean on the east, Brazil has a Coastline of Brazi ...
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Belarus
Belarus,, , ; alternatively and formerly known as Byelorussia (from Russian ). officially the Republic of Belarus,; rus, Республика Беларусь, Respublika Belarus. is a landlocked country in Eastern Europe. It is bordered by Russia to the east and northeast, Ukraine to the south, Poland to the west, and Lithuania and Latvia to the northwest. Covering an area of and with a population of 9.4 million, Belarus is the List of European countries by area, 13th-largest and the List of European countries by population, 20th-most populous country in Europe. The country has a hemiboreal climate and is administratively divided into Regions of Belarus, seven regions. Minsk is the capital and List of cities and largest towns in Belarus, largest city. Until the 20th century, different states at various times controlled the lands of modern-day Belarus, including Kievan Rus', the Principality of Polotsk, the Grand Duchy of Lithuania, the Polish–Lithuanian Commonwealth, and t ...
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Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ...
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Austria
Austria, , bar, Östareich officially the Republic of Austria, is a country in the southern part of Central Europe, lying in the Eastern Alps. It is a federation of nine states, one of which is the capital, Vienna, the most populous city and state. A landlocked country, Austria is bordered by Germany to the northwest, the Czech Republic to the north, Slovakia to the northeast, Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the west. The country occupies an area of and has a population of 9 million. Austria emerged from the remnants of the Eastern and Hungarian March at the end of the first millennium. Originally a margraviate of Bavaria, it developed into a duchy of the Holy Roman Empire in 1156 and was later made an archduchy in 1453. In the 16th century, Vienna began serving as the empire's administrative capital and Austria thus became the heartland of the Habsburg monarchy. After the dissolution of the H ...
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Federation Of Australia
The Federation of Australia was the process by which the six separate British self-governing colonies of Queensland, New South Wales, Victoria, Tasmania, South Australia (which also governed what is now the Northern Territory), and Western Australia agreed to unite and form the Commonwealth of Australia, establishing a system of federalism in Australia. The colonies of Fiji and New Zealand were originally part of this process, but they decided not to join the federation. Following federation, the six colonies that united to form the Commonwealth of Australia as states kept the systems of government (and the bicameral legislatures) that they had developed as separate colonies, but they also agreed to have a federal government that was responsible for matters concerning the whole nation. When the Constitution of Australia came into force, on 1 January 1901, the colonies collectively became states of the Commonwealth of Australia. The efforts to bring about federation in the m ...
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Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Anno Hegirae
The Hijri year ( ar, سَنة هِجْريّة) or era ( ''at-taqwīm al-hijrī'') is the era used in the Islamic lunar calendar. It begins its count from the Islamic New Year in which Muhammad and his followers migrated from Mecca to Yathrib (now Medina). This event, known as the Hijrah, is commemorated in Islam for its role in the founding of the first Muslim community (''ummah''). In the West, this era is most commonly denoted as AH ( la, Anno Hegirae , 'in the year of the Hijra') in parallel with the Christian (AD), Common (CE) and Jewish eras (AM) and can similarly be placed before or after the date. In predominantly Muslim countries, it is also commonly abbreviated H ("Hijra") from its Arabic abbreviation '' hāʾ'' (). Years prior to AH 1 are reckoned in English as BH ("Before the Hijrah"), which should follow the date. A year in the Islamic lunar calendar consists of twelve lunar months and has only 354 or 355 days in its year. Consequently its New Year's Day occurs ...
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Muharram
Muḥarram ( ar, ٱلْمُحَرَّم) (fully known as Muharram ul Haram) is the first month of the Islamic calendar. It is one of the four sacred months of the year when warfare is forbidden. It is held to be the second holiest month after Ramadan. The tenth day of Muharram is known as Ashura. Better known as part of the Mourning of Muharram, Shi'a Muslims mourn the tragedy of Ḥusayn ibn ʿAlī's family. Shiites mourn the martyrdom of Ḥusayn by abstaining from joyous events. Instead, Shia Muslims hold many events to offer condolences to Imam Husayn and to honor the martyrs by prayer, reading supplications, and holding charity events. Shiʿi Muslims eat as little as possible on the Ashura; however, this is not seen as fasting. Alevis fast ten or twelve days, each day for one of the Twelve Imams of Shiʿa Islam, to commemorate and mourn the Imams, as if a very close relative has died. Some (excluding children, elderly or sick) do not eat or drink, avoid entertainment unt ...
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Lunar Hijri Calendar
The Hijri calendar ( ar, ٱلتَّقْوِيم ٱلْهِجْرِيّ, translit=al-taqwīm al-hijrī), also known in English as the Muslim calendar and Islamic calendar, is a lunar calendar consisting of 12 lunar months in a year of 354 or 355 days. It is used to determine the proper days of Islamic holidays and rituals, such as the annual fasting and the annual season for the great pilgrimage. In almost all countries where the predominant religion is Islam, the civil calendar is the Gregorian calendar, with Syriac month-names used in the Levant and Mesopotamia (Iraq, Syria, Jordan, Lebanon and Palestine) but the religious calendar is the Hijri one. This calendar enumerates the Hijri era, whose epoch was established as the Islamic New Year in 622 CE. During that year, Muhammad and his followers migrated from Mecca to Medina and established the first Muslim community (''ummah''), an event commemorated as the Hijrah. In the West, dates in this era are usually denoted AH ...
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Taliban
The Taliban (; ps, طالبان, ṭālibān, lit=students or 'seekers'), which also refers to itself by its state (polity), state name, the Islamic Emirate of Afghanistan, is a Deobandi Islamic fundamentalism, Islamic fundamentalist, militant Islamism, Islamist, Jihadism, jihadist, and Pashtun nationalism, Pashtun nationalist political movement in Afghanistan. It ruled approximately three-quarters of the country Islamic Emirate of Afghanistan (1996–2001), from 1996 to 2001, before being overthrown following the United States invasion of Afghanistan, United States invasion. It Fall of Kabul (2021), recaptured Kabul on 15 August 2021 after nearly 20 years of Taliban insurgency, insurgency, and currently controls all of the country, although its government has Recognition of the Islamic Emirate of Afghanistan, not yet been recognized by any country. The Taliban government has been criticized for restricting human rights in Afghanistan, including the right of women in Afgh ...
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