annual closing
简明释义
年度决算
英英释义
The process of finalizing the financial records of a company at the end of its fiscal year, which includes preparing financial statements and closing accounts. | 在公司的财政年度结束时,最终确定财务记录的过程,包括准备财务报表和结算账户。 |
例句
1.Management expects a detailed analysis after the annual closing 年度结算 is done.
管理层希望在完成年度结算 annual closing 后进行详细分析。
2.The annual closing 年度结算 process can take several weeks to complete.
完成年度结算 annual closing 过程可能需要几周时间。
3.We need to finalize our reports before the annual closing 年度结算 deadline.
我们需要在年度结算 annual closing 截止日期之前完成报告。
4.The finance team is preparing for the annual closing 年度结算 next week.
财务团队正在为下周的年度结算 annual closing 做准备。
5.During the annual closing 年度结算, all accounts must be reconciled.
在年度结算 annual closing 期间,所有账户必须进行对账。
作文
The concept of annual closing is crucial in the world of finance and accounting. It refers to the process at the end of a financial year where all accounts are finalized, and financial statements are prepared. This procedure is not just a routine task; it is a fundamental aspect of any business operation. The annual closing allows businesses to assess their performance over the past year, providing insights into profitability and areas that require improvement. During the annual closing, companies review their income statements, balance sheets, and cash flow statements. This comprehensive analysis helps them understand their financial health and make informed decisions for the upcoming year. For instance, if a company notices a decline in sales during the annual closing, it may decide to adjust its marketing strategies or product offerings to boost revenue. Moreover, the annual closing is essential for compliance with legal and regulatory requirements. Businesses must prepare accurate financial reports to submit to tax authorities and other regulatory bodies. Failure to do so can result in penalties and damage to the company's reputation. Therefore, meticulous attention to detail during the annual closing process is paramount. In addition to financial reporting, the annual closing also involves budgeting for the next fiscal year. Companies typically use the insights gained from the previous year's performance to forecast future revenues and expenses. This budgeting process is critical for strategic planning, as it helps businesses allocate resources effectively and set realistic goals. Furthermore, the annual closing serves as an opportunity for reflection and evaluation. Management teams often hold meetings to discuss the outcomes of the previous year, celebrating successes and identifying challenges. This practice fosters a culture of continuous improvement within the organization, encouraging employees to contribute ideas for enhancing efficiency and productivity. In conclusion, the annual closing is more than just a financial obligation; it is a vital process that shapes the future of a business. By analyzing past performance, ensuring compliance, and planning for the future, companies can position themselves for success in an ever-changing market. Understanding the importance of the annual closing enables stakeholders to appreciate the complexities of financial management and the strategic decisions that drive business growth.
“年度结算”这一概念在金融和会计领域至关重要。它指的是在财务年度结束时,所有账户被最终确定,财务报表被准备的过程。这个程序不仅仅是一项例行任务;它是任何商业运营的基本方面。“年度结算”使企业能够评估过去一年的表现,提供有关盈利能力和需要改进领域的见解。在“年度结算”期间,公司会审查其损益表、资产负债表和现金流量表。这种全面的分析帮助他们了解自己的财务健康状况,并为即将到来的年度做出明智的决策。例如,如果一家公司在“年度结算”期间注意到销售额下降,它可能会决定调整其营销策略或产品供应,以提升收入。此外,“年度结算”对于遵守法律和监管要求至关重要。企业必须准备准确的财务报告,以提交给税务机关和其他监管机构。如果未能做到这一点,可能会导致罚款并损害公司的声誉。因此,在“年度结算”过程中对细节的严格关注至关重要。除了财务报告外,“年度结算”还涉及对下一个财务年度的预算。公司通常会利用从前一年表现中获得的见解来预测未来的收入和支出。这一预算过程对于战略规划至关重要,因为它帮助企业有效分配资源并设定现实目标。此外,“年度结算”也是反思和评估的机会。管理团队通常会召开会议,讨论前一年的成果,庆祝成功并识别挑战。这一做法在组织内部培养了持续改进的文化,鼓励员工为提高效率和生产力贡献想法。总之,“年度结算”不仅仅是一项财务义务;它是塑造企业未来的重要过程。通过分析过去的表现、确保合规性和规划未来,公司可以在瞬息万变的市场中为成功做好准备。理解“年度结算”的重要性使利益相关者能够欣赏财务管理的复杂性以及推动商业增长的战略决策。
相关单词