Who needs translation of accounting statements
Translation of accounting reports is an important part of the financial activities of companies. Accuracy in dealing with such documents is crucial to ensure understanding and transparency of a company's financial position.
Accounting translation services are in high demand among a variety of organizations, including:
- Audit and consulting companies;
- Multinational corporations;
- Banks and financial institutions;
- Investment firms;
- Regulatory authorities.
Accounting documents include:
- Financial statements (balance sheets, cash flow, profit and loss reports);
- Audit reports;
- Tax returns;
- Accounting books;
- Corporate reports;
- Budgets and forecasts.
Peculiarities of accounting translation
Working on financial documentation requires a high level of accuracy as well as:
- Knowledge of terminology: Specialized accounting terminology is important to convey accurately and consistently.
- Standards proficiency: Translators should be familiar with international standards (IFRS) and local accounting regulations.
- Respect for confidentiality: Documents often contain private information, so translators must adhere to strict standards of confidentiality.
Notarization and legalization of financial statement translation
When translating such papers from a foreign language into Russian, it is recommended to complete notarization – official confirmation of the translator's signature by a notary, which gives the translation legal force.
And for the recognition of papers abroad, it is better to additionally put Apostille – a stamp of international standard that certifies the legitimacy of the document for use in countries that have signed the Hague Convention.
Advantages of BetterLetter
Making orders in our company, you get:
- Accurate and reliable translations;
- Compliance with deadlines;
- Privacy protection;
- Reasonable prices;
- Notary certification.
Time of completion
The time to complete the work depends on the volume and complexity. Usually a translator can handle about 8-10 pages in one working day. For urgent requests, it is possible to translate more information. For large tasks, we can engage a team of translators to shorten the turnaround time.
How to place an order
- In our office in Moscow;
- Via the form on our website;
- Via Telegram, WhatsApp messengers;
- By e-mail.
You can pay for your order in cash, by bank card or via SBP.
Examples of our work
Example of financial statement translation from English