for financial year vs in financial year

Both "for financial year" and "in financial year" are commonly used phrases in English, but they are used in different contexts. "For financial year" is typically used when referring to a specific period of time or duration, while "in financial year" is used when talking about events or activities that occur within that specific financial year.

Last updated: March 22, 2024 • 755 views

This phrase is correct and commonly used in English when referring to a specific period of time or duration.

"for financial year "

This phrase is used to indicate a time frame or duration related to financial matters, such as budgeting, reporting, or planning.

Examples:

The budget for financial year 2022 has been approved.
The company's financial performance for financial year 2021 was outstanding.
We need to finalize the financial statements for financial year 2023.
The audit will cover the transactions for financial year 2020.
The tax returns for financial year 2019 are due next month.

Show examples from the web [+]

Clearance of EAGGF Guarantee accounts for financial year 2002
Files satisfying these rules will look like the following (example for financial year 2004):
CLEARED EAFRD EXPENDITURE BY RURAL DEVELOPMENT PROGRAMME FOR FINANCIAL YEAR 2012
CLEARED EAFRD EXPENDITURE BY RURAL DEVELOPMENT PROGRAMME AND MEASURE FOR FINANCIAL YEAR 2007
Files satisfying these rules shall follow the following structure (example for financial year 2004):
The amounts fixed pursuant to paragraph 1, as well as the amounts resulting from the application of Article 136 for financial year 2014, shall be added to the annual breakdown by Member State of the EAFRD contribution to the rural development programmes.
CLEARED EAFRD EXPENDITURE BY RURAL DEVELOPMENT PROGRAMME FOR FINANCIAL YEAR 2011
CLEARED EAFRD EXPENDITURE BY RURAL DEVELOPMENT PROGRAMME AND MEASURE FOR FINANCIAL YEAR 2008
CLEARED EAFRD EXPENDITURE BY RURAL DEVELOPMENT PROGRAMME AND MEASURE FOR FINANCIAL YEAR 2010
See Corte dei Conti [Court of Auditors] Report on the financial management of Poste Italiane for financial year 2006.
Due to substantial improved quality controls, the calculated proportion of data fields with missing information went down from 62,63 % for financial year 1998 to 6,77 % for financial year 2001.
The provision in question shall be recorded in the profit and loss account for financial year N+1.
Member States may decide to review the decision referred to in this paragraph with effect for financial year 2019 and 2020.
errors detected during the certification exercise for financial year 2009 in EAGF population
errors detected during the certification exercise for financial year 2009 in EAFRD population
Non-reporting of interest in the Annex III table for financial year 2006
The latest figures concern financial year 2006 and the figures for financial year 2007 are under preparation.
reimbursment due to rectification of the Annex III table for financial year 2006
the amount of the initial grant awarded by the European Parliament for financial year N, pursuant to Article 4(2); and
Note: In respect of the Czech Republic, the amount cleared for financial year 2008 added to the amounts cleared in previous years; exceeds the maximum EAGGF contribution set out in the the Commission Decision approving the programme.

Alternatives:

for the financial year
during the financial year
over the financial year
throughout the financial year
across the financial year

This phrase is correct and commonly used in English when referring to events or activities that occur within a specific financial year.

"in financial year"

This phrase is used to describe actions, occurrences, or developments that take place during a particular financial year.

Examples:

In financial year 2021, the company launched several new products.
The profits increased significantly in financial year 2020.
In financial year 2019, the company expanded its operations internationally.
The sales figures in financial year 2018 were lower than expected.
In financial year 2017, the company faced a financial crisis.

Show examples from the web [+]

The information shall be published for the first time by 30 April 2009 in respect of expenditure incurred in financial year 2008.
Corrected amount (in financial year n)
Recovered amount (in financial year n)
The direct payments to be made by the Member States in respect of applications made in calendar year 2013 will have effects in financial year 2014, thereby falling under the next multiannual financial framework.
Financial impact of the correction imposed for the financial years 1999-2000 (Commission Decision No 2003/536/EC) on the expenditure declared in financial year 2002
SUMMARY OF C TRANSFERS IN FINANCIAL YEAR 2008
OVERVIEW OF C TRANSFERS IN FINANCIAL YEAR 2009
The updated programme projects a reduction in the deficit from just above 3 % of GDP in financial year 2005/06 to below the 3 % reference value in 2006/07.
The experience gained in financial year 2003, Eurojust's first complete financial year, exposed some weaknesses in the control of budgetary transactions.
Parliament's final appropriations totalled EUR 1452517167 and represented 19,48 % of EU total administrative expenditure (Heading V). Table 1 below presents the implementation of the budget of the European Parliament in financial year 2008.
Parliament's final appropriations totalled EUR 1529970930, accounting for 19,67 % of the EU's total administrative expenditure (heading V). Table 1 below provides an overview of implementation of Parliament's budget in financial year 2009.
In view of the fact that euro banknotes and coins are to be introduced in 2002, I cannot accept the decision to place the appropriations from PRINCE in the reserve in financial year 2001.
The Commission notes that in this proceeding Shell, BP, Total and Kuwait Petroleum had worldwide turnovers in financial year 2005, the most recent financial year preceding this Decision, of respectively EUR 246,203, 143 and 37 billion.
Weaknesses on the on-the-spot controls, lack of traceability (claim year 2009 paid in financial year 2009)
on the one hand, reimbursing, from the unused amount of financial discipline carried-over, to farmers subject to financial discipline during the preceding financial year on the other hand, making the direct payments in financial year N to those farmers having claimed them.
The respective business plan model would have led to a first positive contribution margin of Hessische Staatsweingüter in financial year 2006/2007 and to positive cash flows from the financial year 2008/2009 onwards.
Notes that the financial correction for expenditure of EUR 33593 million in financial year 1994, decided on 6 May 1998 cf.
Notes that the financial correction for expenditure of EUR 32397 million in financial year 1993, decided on 23 April 1997 and 30 July 1997, amounted to EUR 744 million;
Notes that the financial correction for expenditure of EUR 34503 million in financial year 1995, taken on 3 February 1999 and 28 July 1999 and 1 March 2000, amounted to EUR 595 million;

Alternatives:

during the financial year
within the financial year
throughout the financial year
over the financial year
across the financial year

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for financial year vs in financial year