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The accounts for last year showed a profit of $2 million.


The accounts of last year showed a profit of $2 million.

Which one is correct? My idea is that both of them is OK, anybody can confirm it?

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Both seem appropriate for conversational English. I'd use "for" in writing if I had to choose between the two. Also try Last year's accounts showed... – HaL Jan 31 '12 at 16:21
I would probably go for the former if for no other reasons than "accounts of" can also mean "stories regarding". – Sean Duggan Jan 31 '12 at 18:43
up vote 1 down vote accepted

"Accounts for last year" seems more common in financial reports I've read, and also, as Sean Duggan says, avoids possible misunderstanding of the meaning.

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Usually the context would be sufficient to avoid any ambiguity, so either is probably alright. According to google ngrams, the two phrases occur with similar frequency. However, 'last year's accounts' is far more common than either.

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