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The ISO document introduces several concepts that require some explanation. Two in particular are important:
1.) Period. ISO distinguishes a point in time and a duration, which is the length of time between a beginning point and an ending point. On this basis, ISO introduces a "period" as consisting of a beginning point, an ending point, and the duration between the two points. A typical ISO format explicitly declares only two of these three elements, leaving the third as implied, since it may be derived from the other two.
2.) Week. ISO makes heavy use of the week as a defined unit, departing from U. S. practice in several ways:
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2.1.) The calendar week starts on Monday, not Sunday.
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2.2.) The first calendar week of a year is the week that includes the first Thursday of the year. As a consequence, the first week of a year can include days in the previous year, and the last week of a year can include days in the following calendar year.
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2.3.) Calendar weeks are numbered starting with 1.
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2.4.) The rigid definition of a week as a calendric unit allows dates to be identified using a yearweekday format, in addition to the more familiar yearmonthday scheme.
8.1.3
Problems
There are several problems in the ISO treatment of time which bear some examination:
Major time units are frequently defined in two or more ways which may seem mutually contradictory.
Section 3.1.2 of the ISO 8601 document defines a calendar month as one of the 12 usual Gregorian months, but then adds the note that, "In certain applications, a month is regarded as a period of 30 days."
A similar problem exists for the ISO year. Sections 3.18 through 3.21 define a calendar year as 365 or 366 days. Section 5.5, however, defines a period of time in a way that requires that durations employ standard units, in which a month equals 30 days and a year equals 12 months. The explicit definitions of these units are found in section 5.5.3.2.1 The consequence of these definitions is a year of 360 days.
In general, the definition of calendar month and calendar year do not match the definitions of month and year used as units for the calculation of durations.
All of this can be sorted out, if one understands that ISO usage mixes units that have the same name but not the same definition. A month, when used as a counting unit for duration calculations, has a uniform length. A month, when used as a calendric indicator unit for identifying point time, has a variable length. When the two essentially different units are mixed in a period, the result may be confusing.

 
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