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Dell Llama, Inc.
Income Statement
For the year ended March 31, 2017.
Companies and governments utilize fiscal years, which are one-year periods, for financial reporting and planning. The most typical accounting period utilized to create financial statements is a fiscal year. Not all fiscal years coincide with the calendar year, despite the fact that they can begin on January 1 and end on December 31. For instance, universities frequently start and finish their fiscal years in accordance with the academic year.
A fiscal year is a span of time that lasts for a full calendar year but does not always begin on January 1. Depending on their accounting and external auditing procedures, nations, corporations, and other organizations may begin and conclude their fiscal years in different ways.
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