Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
15:47 Jul 5, 2008
German to English translations [PRO] Bus/Financial - Accounting
Explanation: In the context of balance sheet analysis, there is a multitude of accounts, the balances of which must be substantiated. Balance confirmation is one of many tools available for doing this for accounts like cash-in-bank, accounts receivable,accounts payable , etc. However not all B/S account balances can be substantiated by confirmation.