A company's accounts should start from their date of incorporation. The first financial year will end seven days either side of this date. However, in the first year it can be altered. The accounting reference date is typically the last date of the month for the month your firm was incorporated. So, if your firm was incorporated on March 19th, the reference date would be March 31st (last day of that month).
The accounting reference date can be altered. You might want to coincide your year-end with other members of a consortium. I often like year-ends to be December 31st so all audited figures and statistics reflect the calendar year.
Make sure you know when you must have your accounts in. You will pay if they are late. There are strict deadlines that must be met. Make sure you are aware of these before you start trading. They vary radically from country to country.
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