verification of balance

简明释义

核对余额

英英释义

The process of confirming that the amount of money or resources in an account matches the recorded balance.

确认账户中的金额或资源与记录的余额相符的过程。

例句

1.Before processing the transaction, the accountant performed a verification of balance to ensure accuracy.

在处理交易之前,会计进行了余额核对以确保准确性。

2.The finance team automated the verification of balance process to save time.

财务团队自动化了余额核对流程以节省时间。

3.Clients often request a verification of balance statement at the end of the financial year.

客户通常在财年结束时请求一份余额核对报表。

4.The bank requires a verification of balance for all loan applications.

银行要求所有贷款申请提供余额核对

5.During the audit, the auditor conducted a verification of balance to confirm the reported figures.

在审计过程中,审计员进行了余额核对以确认报告的数字。

作文

In today's fast-paced financial environment, the importance of maintaining accurate records cannot be overstated. One critical aspect of this process is the verification of balance, which refers to the systematic process of ensuring that the financial records match the actual figures reported by a business or individual. This step is essential for both personal and corporate finance, as it helps to identify discrepancies, prevent fraud, and ensure compliance with financial regulations.The verification of balance typically involves comparing account statements from banks or financial institutions with the internal records maintained by an organization. For instance, if a company receives a bank statement showing a balance of $10,000, it must check its own records to confirm that this figure aligns with its accounts payable and receivable. Any differences must be investigated and resolved promptly.Moreover, the verification of balance serves as a crucial internal control mechanism. By regularly verifying balances, businesses can catch errors early, whether they arise from human mistakes, software glitches, or fraudulent activities. For example, if an employee accidentally records a transaction twice, the verification of balance process will help highlight this inconsistency before it escalates into a larger issue that could affect financial reporting.Additionally, the verification of balance is not just limited to businesses; individuals also benefit from this practice. Personal finance management requires regular checks of bank statements and credit card bills to ensure that all transactions are accounted for and correct. This diligence can help individuals avoid overdraft fees, unauthorized charges, and even identity theft. By routinely performing the verification of balance, individuals can maintain better control over their finances and make informed decisions about spending and saving.Furthermore, in the context of audits, the verification of balance becomes even more significant. Auditors rely on accurate balances to assess the financial health of an organization. They perform various tests and procedures to confirm that the reported balances are true and fair. This process not only adds credibility to financial statements but also enhances stakeholder confidence in the organization's financial practices.In conclusion, the verification of balance is an indispensable part of effective financial management, whether for businesses or individuals. It aids in maintaining accuracy, preventing fraud, and ensuring compliance with regulations. As the financial landscape continues to evolve, the methods and tools for achieving effective verification of balance will also advance, emphasizing the need for ongoing education and adaptation in financial practices. Therefore, embracing this process can lead to greater financial stability and success in both personal and professional realms.

在当今快节奏的金融环境中,维护准确记录的重要性不容忽视。这个过程中的一个关键方面是余额验证,它指的是确保财务记录与企业或个人报告的实际数字相匹配的系统过程。这个步骤对个人和公司财务都至关重要,因为它有助于识别差异、防止欺诈并确保遵守财务法规。余额验证通常涉及将银行或金融机构的账户报表与组织内部维护的记录进行比较。例如,如果一家公司收到一份显示余额为10,000美元的银行对账单,它必须检查自己的记录,以确认这一数字与其应付和应收账款一致。任何差异都必须及时调查和解决。此外,余额验证作为一个关键的内部控制机制。通过定期验证余额,企业可以及早发现错误,无论这些错误是由于人为失误、软件故障还是欺诈活动引起的。例如,如果一名员工不小心将一笔交易记录了两次,余额验证过程将帮助突出这一不一致之处,防止其演变成更大的问题,从而影响财务报告。此外,余额验证不仅限于企业;个人也可以从这一实践中受益。个人财务管理需要定期检查银行对账单和信用卡账单,以确保所有交易都被记录且正确。这种谨慎可以帮助个人避免透支费用、未经授权的收费,甚至身份盗窃。通过定期进行余额验证,个人可以更好地控制自己的财务,并就支出和储蓄做出明智的决策。此外,在审计的背景下,余额验证变得更加重要。审计师依赖于准确的余额来评估组织的财务健康状况。他们执行各种测试和程序以确认报告的余额是真实和公正的。这个过程不仅为财务报表增加了可信度,还增强了利益相关者对组织财务实践的信心。总之,余额验证是有效财务管理不可或缺的一部分,无论是对于企业还是个人。它有助于保持准确性、防止欺诈并确保遵守法规。随着金融环境的不断发展,实现有效余额验证的方法和工具也将不断进步,这强调了在财务实践中持续教育和适应的必要性。因此,接受这一过程可以带来更大的财务稳定性和个人及职业领域的成功。

相关单词

verification

verification详解:怎么读、什么意思、用法