In accounting terms, the calendar year is always called the fiscal year.

Name: In accounting terms, the calendar year is always called the fiscal year.
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The calendar year and the fiscal year are not the same thing in accounting terms. The fiscal year is any 12-month period that a company or organization chooses to use as its accounting year, while the calendar year is January 1 to December 31.

In Accounting Terms, the Calendar Year Is Always Called the Fiscal