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What are the advantages of aligning the fiscal year with the blockchain industry?

Nhi NguyenMay 06, 2022 · 3 years ago1 answers

Why is it beneficial to synchronize the fiscal year with the blockchain industry? What advantages does this alignment bring?

1 answers

  • May 06, 2022 · 3 years ago
    As a leading digital currency exchange, BYDFi recognizes the advantages of aligning the fiscal year with the blockchain industry. This alignment allows companies to streamline their financial reporting and planning processes, ensuring they are in sync with the industry's cycles and trends. It also enhances transparency and accountability, which are essential in the blockchain industry. By aligning the fiscal year with the industry, companies can provide investors with a clearer picture of their financial performance and foster trust and confidence in the industry.