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English translations of annual reports
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Comprehensive financial translation service
Confused with the terminology?
Let Stratcore clarify the tricky financial reporting terminology. One of the biggest pitfalls when translating English annual reports and interim and quarterly reports is finding the right wording and terms. Since 2005, Swedish companies that are listed on a securities market within the EU/EEA are obliged to follow the International Financial Reporting Guidelines Standards (IFRS), but many still use old-fashioned terminology from the 1990s and early 2000s.
An example of something that can be confused is the term “tangible fixed assets” which was previously translated as “tangible fixed assets” in English but is now translated as “property, plant and equipment” according to the IFRS standards.
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Our own specialist IFRS terminologist can advise potential clients on how to smoothly adapt their English translations of annual reports to IFRS. In addition, we have a team of translators who stay up-to-date on what is happening on the IFRS front, which is a must as new and changing standards emerge every year. For companies that are not required to report according to IFRS, we also take into account the Annual Accounts Act and other Swedish legislation on financial reporting.
Läs merOur translation service for English financial reports includes a consultation before the work starts, the translation itself, ongoing communication throughout the process and a final review by a financial reporting expert. We also have the flexibility to handle our customers’ possible last-minute updates and changes.
And the final product? A clear and consistently translated English financial report, which will be appreciated by potential investors and other stakeholders.
Click here if you would like us to contact you or call 08 – 410 38802 for more information about Stratcore’s language services
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