Operation in Various Countries/region
In some jurisdictions, particularly those that permit tax consolidation, companies that are part of a group of businesses must use nearly the same fiscal year (differences of up to three months are permitted in some jurisdictions, such as the U.S. and Japan), with consolidating entries to adjust for transactions between units with different fiscal years, so the same resources will not be counted more than once or not at all.
Read more about this topic: Fiscal Year
Famous quotes containing the words operation, countries and/or region:
“An absolute can only be given in an intuition, while all the rest has to do with analysis. We call intuition here the sympathy by which one is transported into the interior of an object in order to coincide with what there is unique and consequently inexpressible in it. Analysis, on the contrary, is the operation which reduces the object to elements already known.”
—Henri Bergson (1859–1941)
“Fame sometimes hath created something out of nothing. She hath made whole countries more than nature ever did, especially near the poles, and then hath peopled them likewise with inhabitants of her own invention, pigmies, giants, and amazons: yea, fame is sometimes like unto a mushroom, which Pliny recounts to be the greatest miracle in nature, because growing and having no root, as fame no ground of her reports.”
—Thomas Fuller (1608–1661)
“Death is only a launching into the region of the strange Untried; it is but the first salutation to the possibilities of the immense Remote, the Wild, the Watery, the Unshored.”
—Herman Melville (1819–1891)