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12:51 Apr 7, 2005
English to Spanish translations [PRO] Bus/Financial - Finance (general)
English term or phrase:Ayuda cpn ambiguedad
Group reporting packages of all material subsidiaries are audited and received within 20 days of year-end.
¿Qué entienden por "within 20 days of year-end? ¿Son los 20 días anteriores o posteriores al cierre?
Explanation: Salvo que sea un ejercicio previo al cierre de año, no tiene sentido auditar lo que no está completo.
Under SEC guidelines dating back to the 1930's and 40's, every public company is required to file quarterly (10-Q) and yearly (10-K) financial reports. Historically, the filing of 10-Q's with the SEC was required within 60 days of the close of that particular quarter and yearly information within 90 days. http://thestreet.ccbn.com/ccbnfaq.asp?client=thestreet