expense belonging to the preceding fiscal year

简明释义

上财政年度费用支出

英英释义

例句

1.To ensure accurate reporting, we must include any expense belonging to the preceding fiscal year in this year's financial statements.

为了确保报告的准确性，我们必须在今年的财务报表中包含任何属于前一个财政年度的费用。

2.We need to adjust our budget to account for the expense belonging to the preceding fiscal year that was overlooked.

我们需要调整预算，以考虑到被忽视的属于前一个财政年度的费用。

3.In our year-end review, we discovered an expense belonging to the preceding fiscal year that affected our profit margins.

在我们的年终评审中，我们发现了一项影响利润率的属于前一个财政年度的费用。

4.The financial audit revealed an expense belonging to the preceding fiscal year that had not been recorded.

财务审计发现了一项未记录的属于前一个财政年度的费用。

5.The accountant reported an expense belonging to the preceding fiscal year for the unpaid invoices, which totalled $5,000.

会计报告了一个属于前一个财政年度的费用，未支付的发票总额为5000美元。

作文

In the world of finance and accounting, understanding various terminologies is crucial for effective management and reporting. One such term that often comes up in financial discussions is expense belonging to the preceding fiscal year. This phrase refers to costs that were incurred in the previous financial year but may not have been accounted for or recorded until the current fiscal year. It is essential for businesses to accurately track these expenses to ensure that their financial statements reflect a true and fair view of their financial position.When a company operates, it incurs various expenses throughout the year, such as salaries, rent, utilities, and supply costs. However, there are instances where some expenses might not be recognized until after the fiscal year has closed. For example, if a company receives an invoice for services rendered in December but does not pay it until January of the following year, this payment would be categorized as an expense belonging to the preceding fiscal year. This situation can lead to discrepancies in financial reporting if not handled correctly.Accurately recognizing expense belonging to the preceding fiscal year is vital for maintaining the integrity of financial reports. If a business fails to account for these expenses, it may overstate its profits for the current year. This misrepresentation can mislead stakeholders, including investors, creditors, and management, regarding the company's actual financial performance. Therefore, proper accounting practices must be followed to allocate expenses to the correct fiscal periods.Moreover, understanding how to manage these expenses is also important for budgeting and forecasting. When preparing budgets for the upcoming fiscal year, companies need to consider any outstanding obligations from the previous year. By incorporating these expenses belonging to the preceding fiscal year into their financial planning, businesses can create more accurate budgets that reflect their true financial commitments.Additionally, tax implications arise from failing to report these expenses correctly. In many jurisdictions, businesses are allowed to deduct expenses in the year they were incurred. If a company neglects to include an expense belonging to the preceding fiscal year in its tax filings, it could miss out on potential deductions, resulting in higher taxable income than necessary. This could lead to increased tax liabilities and financial strain on the business.In conclusion, the phrase expense belonging to the preceding fiscal year encapsulates a critical aspect of financial management. Companies must be diligent in recognizing and recording these expenses to ensure accurate financial reporting, effective budgeting, and compliance with tax regulations. By doing so, organizations can maintain transparency and build trust with stakeholders, ultimately contributing to their long-term success. Understanding and mastering such financial terminology is essential for anyone involved in the financial decision-making process within a business, as it lays the foundation for sound financial practices and strategic planning.

在金融和会计的世界中，理解各种术语对于有效管理和报告至关重要。其中一个在财务讨论中经常出现的术语是属于前一财年的费用。这个短语指的是在上一财年内发生但可能直到当前财年才被记账或记录的成本。企业准确跟踪这些费用对于确保其财务报表反映真实和公允的财务状况至关重要。当一家公司运营时，它在一年中会产生各种费用，例如薪水、租金、公用事业和供应成本。然而，有些情况下，一些费用可能在财年结束后才被认可。例如，如果一家公司在12月收到了服务的发票，但直到下一年的1月才支付，这笔付款将被归类为属于前一财年的费用。如果不正确处理，这种情况可能导致财务报告中的差异。准确识别属于前一财年的费用对维护财务报告的完整性至关重要。如果企业未能考虑这些费用，它可能会高估当前年的利润。这种误导可能会误导利益相关者，包括投资者、债权人和管理层，关于公司的实际财务表现。因此，必须遵循适当的会计实践，以将费用分配到正确的财务期间。此外，理解如何管理这些费用对于预算和预测也很重要。在为即将到来的财年准备预算时，公司需要考虑来自前一年的任何未偿付义务。通过将这些属于前一财年的费用纳入其财务规划，企业可以制定更准确的预算，反映其真实的财务承诺。此外，未能正确报告这些费用可能会产生税务影响。在许多司法管辖区，企业被允许在发生费用的年份扣除这些费用。如果一家公司忽视在其税务申报中包括属于前一财年的费用，它可能会错过潜在的扣除，导致应纳税所得额高于必要水平。这可能导致税负增加，对企业造成财务压力。总之，短语属于前一财年的费用概括了财务管理的一个关键方面。公司必须在识别和记录这些费用时保持谨慎，以确保财务报告的准确性、有效的预算编制和遵守税收规定。通过这样做，组织可以维持透明度并与利益相关者建立信任，最终促进其长期成功。理解和掌握这样的财务术语对于任何参与企业财务决策过程的人来说都是必不可少的，因为它为健全的财务实践和战略规划奠定了基础。