Fiscal Year End (FYE) is the date on which a company’s financial year closes, usually 12 months from the date it began. It marks the end of a period for which the company has calculated and reported its revenue and expenditure. This date can be set to coincide with the end of the calendar year or any other day of the year. At the end of each FYE, companies must produce an audited financial statement that reflects the performance of their business during that period. Complying with regulations around reporting is an essential part of maintaining a successful business. Knowing when your company’s FYE is, and keeping abreast of changing rules and regulations, ensures that you stay ahead of the game.