Notes

IFRS translations
We will import your reference documents into our translation memory, which means we can process your annual report faster and more cost-effectively. Remember to specify whether you need US or UK English, Spanish for Latin America or for Spain, etc.--that way, we can select people with the right local knowledge and cultural understanding. Your company's annual report is first and foremost an important legal publication. The financial figures and information it discloses must be accurate, verified, and presented in the correct way. Applications submitted without any financial statements are rejected, if the missing documents are not promptly provided following the submission of your application. Look up words and phrases in comprehensive, reliable bilingual dictionaries and search through billions of online translations.
A Look at the Big Challenges in Chinese Financial Statement Translation
Financial documents must adhere to the legal and financial regulations of the target country. When it comes to financial translation, there is absolutely no space for errors. Even the tiniest of mistakes can result in major misunderstandings, misinterpretations, and could potentially cause serious legal or financial consequences.

Example sentences from external sources for "report" (not checked by the Langenscheidt editorial team)
Creating a multilingual annual report is always a challenge due to its importance. GLS As such, translators working on these documents must adhere to strict confidentiality protocols to protect the integrity and privacy of the information they handle. To ensure that everything goes smoothly, our project managers take care of all the planning and coordination while our specialist translators focus on the texts. A seasoned Chinese translation service that works with a team of disciplinary experts can be a great help for you.
IFRS Sustainability Standards are developed to enhance investor-company dialogue so that investors receive decision-useful, globally comparable sustainability-related disclosures that meet their information needs. In its fiscal second-quarter ending Nov. 30, 2020, Nike Inc. reported a 9% increase in revenues, adding that sales rose 7% on a constant currency basis. Katrina Ávila Munichiello is an experienced editor, writer, fact-checker, and proofreader with more than fourteen years of experience working with print and online publications. You can request verification for native languages by completing a simple application that takes only a couple of minutes.

They also understand that even more importantly, localizing insurance documents and materials without regard to local laws and regulations can bring of severe consequences for insurance providers. Stepes’ experience in translating insurance documents and its network of insurance subject matter experts ensure that your materials are always localized according to the most recent regulatory standards. Whether you’re a multi-billion-dollar international banking firm or a mid-sized financial services company, we’ve made it easy to onboard your translation services needs with Stepes. Simply sign up for an enterprise account, and we’ll immediately assign a single point of contact for your financial services translation need. You can begin translating your content right away by uploading your documents to receive an instant online quote. We’ve invested heavily in building dedicated translation teams to service your financial translation requirements for each language.
Finally, we understand the level of security and confidentiality our clients require and will work with each and every client to establish protocols for handling sensitive information. Professional financial translators must be aware of all differences between economies and understand how to manage foreign currency denominations and currency exchange rates, among many other aspects. For instance, local companies in China operate with yuan, the Chinese currency. Translation professionals should be equipped and qualified to translate quantities, assets, liabilities, revenues, expenses, gains and losses. Although financial statements are usually translated into standard Chinese, you may eventually need to translate them into other dialects. A translator typically specializes in one or two dialects, so it is nearly impossible for a lone professional to master all potential dialects.
Some banks or financial institutions may have translators on staff who work on internal documents requiring translation. Financial translation refers to the process of translating a financial document from one language (called “source language”) into another (called “target language”). In addition, our specialised translation memory software means that, when you release subsequent annual reports, we only translate the updates you make, rather than the entire document. Nearly all the terms used for “impairment” in translations of IAS 36 do not convey the message of damage to assets. In annual reports translated into English, many terms are misleading in that they do not mention impairment, peaking at 39 per cent in German and Italian reports in one year.
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