BOFY

(redirected from Beginning of the Fiscal Year)
AcronymDefinition
BOFYBeginning of the Fiscal Year
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Total assets under management increased 37 percent from USD4.03 billion at the beginning of the fiscal year to USD5.52 billion at the end of the fiscal year, and average assets under management increased by almost 50 percent, producing a corresponding increase in revenue, net income and earnings per share versus the prior year.
Imports in October jumped to about 150 metric tonnes, the highest since the beginning of the fiscal year on April 1, from 24.5 tonnes a year earlier, people with knowledge of the matter said on Thursday, asking not to be identified as the information isn't public.
Mahindra, who's sales are predominantly made up of SUVs and UVs was faced with a dilemma at the beginning of the fiscal year when the annual budget called for an increase in tax on these vehicles.
The company's business development remained stable at the beginning of the fiscal year despite the still unfavourable economic situation, Sanochemia said.
BARRE - Quabbin Regional School District officials conceded at Thursday night's meeting there will be no budget in place by the July 1 deadline, the beginning of the fiscal year. The situation became clear after Hubbardston voters overwhelmingly said no Tuesday to a tax increase to fund the budget.
The joint statement of the government and the National Bank about economic policy is an official framework document, which is traditionally written and approved at the beginning of the fiscal year. Its aim is to provide official reference points about economic development of Kyrgyzstan in 2012, defines prerequisites of implementation of state economic policy and to declare about main tools of macroeconomic, fiscal and monetary regulation and macro-economic factors.
Sales and margins have been declining since the beginning of the fiscal year, while expenses have risen in both dollar terms and as a percentage of sales.
The acquisition, which is Ferrellgasa[euro](tm) fourth since the beginning of the fiscal year, allows the company to set foot in a new market area, in line with its existing operations, it said in a press release.
Most go-live dates are in October to coincide with the beginning of the fiscal year, providing the opportunity to close the books on financial data sets.
Pundits and economists say the government plans to raise the consumption tax around April 2009, the beginning of the fiscal year in Japan.
TOKYO - Local government workers in 15 prefectures and major cities will have their basic monthly pay cut in fiscal 2006 -- retroactively to the beginning of the fiscal year in April -- while most other local governments are freezing pay and bonus levels, according to a Kyodo News survey.
Subsection 2323(e) of title 10, United States Code (U.S.C.), as amended by section 801 of the Strom Thurmond National Defense Authorization Act for Fiscal Year 1999 and section 816 of the Bob Stump National Defense Authorization Act for Fiscal Year 2003, requires DoD to suspend the regulation implementing the authority to enter into a contract for a price exceeding fair market cost if the Secretary determines at the beginning of the Fiscal Year that DoD achieved the five percent goal established in 10 U.S.C.
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