A lot of people over the years asked me this, why does the the company you work for have a fiscal year starting August - here is answer I finally found -

Cisco selected its fiscal year for August through July because it asked outside audit consultants for their slowest times of year so that they could negotiate cheaper rates for the company's year-end close work. Frugality was the driver, but to this day Cisco's fiscal year-end announcements stand nearly alone in August.