financial year end

USAGE SUMMARY

The phrase "financial year end" is correct and commonly used in written English.
It refers to the end of a company's fiscal year, or the period of time that the company uses for accounting and financial reporting purposes. You can use "financial year end" to describe the end of a specific time period, such as "The financial year end for our company is March 31st." It can also be used in discussions about financial planning and budgeting, as in "We need to review our budget before the financial year end." Example: "The financial year end for the company was approaching, and the accounting team was busy finalizing reports and balancing the books."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

10 human-written examples

Dividends were maintained at €11.5m, of which €4.5m was paid after the financial year end.

The Times

Following Sub-Zero's financial year end in March the global tour continued to locations including Australia, Belfast, Sheffield and South Africa, culminating at London's O2 in November.

The Guardian - TV & Radio

"We remain in constructive talks with our bankers regarding new, longer term funding arrangements to support the group past the company's financial year end of 28 February 2009," Dugan said.

The Guardian

Analysts described the million sales mark of the Z10 as "stellar", given the handset went on sale in the UK just four weeks before BlackBerry's financial year end on 2 March, and did not reach the crucial US market until last week.

The Guardian - Tech

Growth in market cap by next financial year end: 88%.

Forbes

Growth in annual sale next financial year end: 170 %.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

50 human-written examples

No decision is likely to be announced until after the company's financial year ends at the end of June.

The Guardian

I've used the number of solar installations as at the end of 2012, as the most recent ATO figures are for the financial year ending 2012.

The Guardian

For the financial year ending January 2008, turnover grew 48 per cent to £55.2m.

Independent

Freight volumes grew 4.5%, to 515m tonnes, in the last financial year ending in March.

The Economist

Everton turned a £6.4million loss into a £700,000 profit for the financial year ending May 2013.

Independent

Expert writing Tips

Best practice

When writing financial reports, clearly state the specific date or period the "financial year end" refers to for clarity. For example, "The financial year end for 2025 was December 31st".

Common error

Avoid assuming the "financial year end" always aligns with the calendar year. Many organizations have fiscal years that differ, so always specify the exact dates.

Linguistic Context

The phrase "financial year end" functions primarily as a noun phrase. As shown in Ludwig, it typically serves as a subject or object in sentences concerning financial reporting, accounting practices, and business performance. It identifies a specific point in time.

Expression frequency: Uncommon

Frequent in

News & Media

60%

Formal & Business

30%

Science

10%

Less common in

Academia

0%

Encyclopedias

0%

Wiki

0%

Ludwig's WRAP-UP

The phrase "financial year end" is a grammatically sound and professionally recognized term, functioning as a noun phrase primarily in contexts related to business, finance, and accounting. Ludwig AI indicates its proper usage and provides context through numerous examples. Predominantly appearing in news and media, as well as formal business documents, the term serves the purpose of defining a specific timeframe for financial reporting and accounting practices. When using the phrase, it's crucial to specify the exact dates to avoid confusion with the calendar year. Alternatives include "end of fiscal year" and "accounting year end".

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

End of fiscal year

Replaces "financial" with "fiscal", which is a synonym in this context. It's equally formal.

Fiscal year conclusion

Substitutes "end" with "conclusion", emphasizing the finality of the period.

Financial period close

Uses "close" instead of "end", a common term in accounting, highlighting the process of finalizing accounts.

Accounting year end

Replaces "financial" with "accounting", focusing on the accounting aspect of the year.

Year-end financial statement

Shifts focus to the report produced at the end of the financial year.

Annual financial closure

Highlights the annual nature and the closing of financial books.

Termination of fiscal term

A more formal and legalistic way of saying "financial year end".

End of reporting period

Focuses on the reporting aspect, suitable when discussing financial reports.

Fiscal year closing date

Specifies the date itself rather than the general concept of ending.

Balance sheet date

Related term referring to the specific date at the end of the accounting period when the balance sheet is prepared.

FAQs

What is the purpose of a financial year?

A financial year is a 12-month period used by companies and organizations for accounting and financial reporting. It helps in tracking income, expenses, and overall financial performance.

Why doesn't the financial year always align with the calendar year?

Companies may choose a financial year that aligns with their business cycle. For example, a retailer might have a financial year ending after the holiday shopping season to accurately reflect that period's impact.

What reports are typically generated at the financial year end?

Common reports include the income statement, balance sheet, and cash flow statement, providing a comprehensive view of the company's financial position and performance.

What are some alternatives to "financial year end"?

You can use alternatives like "end of fiscal year", "fiscal year conclusion", or "accounting year end" depending on the context.