Fiscal year called –"nendo". Japan's income tax year is 1 January to 31 December, but corporate tax is charged according to the corporation's own annual period. In Macau, the government's financial year is 1 January to 31 December. In Mexico, the fiscal year is the calendar year, 1 January to 31 December. In Myanmar, the fiscal year is 1 October to 30 September. In Nepal, the fiscal year is 1 Shrawan (4th month of Bikram calendar) to 31 Ashad (3rd month of Bikram calendar). Shrawan 1 roughly falls in mid-July. In New Zealand, the government's fiscal and financial reporting year is 1
Financial statement in the UK, for example, auditors have unlimited liability. In the United States, especially in the post-Enron era there has been substantial concern about the accuracy of financial statements. Corporate officers—the chief executive officer (CEO) and chief financial officer (CFO)—are personally responsible for fair financial reporting that provides an accurate sense of the organization to those reading the report. Different countries have developed their own accounting principles over time, making international comparisons of companies difficult. To ensure uniformity and comparability between financial statements prepared by different companies, a set of guidelines and rules are used. Commonly referred to as Generally