GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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11:19 Mar 30, 2004 |
Russian to English translations [PRO] Accounting | |||||||
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Summary of answers provided | ||||
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4 +4 | Projected financial statement |
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5 +3 | forecast (statement) of ... |
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4 +1 | forecasting report |
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прогнозный отчет forecasting report Explanation: по аналогии с прогнозная информация forecasting information |
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прогнозный отчет Projected financial statement Explanation: While it is certainly important to know where you have been, it is equally important to know where you are going. Thus, the purpose of "projected" financial statements is to show what is likely to occur in the future based on key financial and business assumptions of the present. When preparing projected financial statements for a company, we begin the process by developing a computer spreadsheet model. These models consists of an interrelated set of equations, formulas and linking expressions that define the key assumptions used in the projections. A full projection will consist of an income statement, balance sheet, cash flow statement, various supporting schedules and notes explaining the key assumptions used to develop the projected statements. Although projections may extend out to five years or more, usually several months to a year is more common due to the decreasing reliability of predicting future events. Reference: http://www.mbwcpa.com/project.html |
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