incurred but not reported losses

简明释义

招致但未报告的损失

英英释义

例句

1.The insurance company has to account for the incurred but not reported losses in their financial statements.

保险公司必须在财务报表中考虑尚未报告但已发生的损失。

2.The financial team needs to estimate the incurred but not reported losses to ensure accurate budgeting.

财务团队需要估算尚未报告但已发生的损失以确保预算的准确性。

3.The actuary provided a report on potential incurred but not reported losses from the previous year.

精算师提供了一份关于去年潜在的尚未报告但已发生的损失的报告。

4.During the audit, we discovered several incurred but not reported losses that affected the overall profitability.

在审计过程中，我们发现了几笔尚未报告但已发生的损失，这影响了整体盈利能力。

5.It's essential to track incurred but not reported losses for better risk management.

跟踪尚未报告但已发生的损失对于更好的风险管理至关重要。

作文

In the world of finance and accounting, the term incurred but not reported losses refers to expenses or losses that have occurred but have not yet been officially documented or recognized in financial statements. This concept is crucial for businesses as it can significantly impact their financial health and decision-making processes. Understanding this term requires a closer look at how businesses operate and the importance of accurate financial reporting.When a company engages in its daily operations, it often incurs various costs that may not be immediately recorded. For instance, a manufacturing company might experience equipment breakdowns that lead to production delays. Although these breakdowns represent a loss in productivity and potential revenue, the financial impact may not be reflected in the company's books until the repairs are completed and the expenses are formally accounted for. This delay in reporting can result in a situation where the company has incurred but not reported losses, which can create a misleading picture of its financial status.The implications of incurred but not reported losses are significant. Investors and stakeholders rely on financial statements to make informed decisions regarding the company's performance and future prospects. If a company fails to recognize these losses promptly, it may appear more profitable than it actually is. This discrepancy can lead to poor investment decisions and ultimately harm the company's reputation and market position.Moreover, incurred but not reported losses can affect a company's cash flow management. For example, if a business does not account for certain losses, it may overestimate its available cash reserves. This can lead to overspending or taking on additional debt, which could jeopardize the company's financial stability in the long run. Therefore, it is essential for businesses to implement robust accounting practices that ensure timely recognition of all incurred losses, regardless of whether they have been formally reported.To mitigate the risks associated with incurred but not reported losses, companies should adopt proactive measures. Regular audits and reviews of financial statements can help identify potential losses that have not yet been recorded. Additionally, maintaining open lines of communication between departments can facilitate the timely sharing of information regarding operational issues that may lead to losses. By fostering a culture of transparency and accountability, businesses can better manage their financial health and avoid the pitfalls of unrecognized losses.In conclusion, the concept of incurred but not reported losses is a critical aspect of financial management that cannot be overlooked. It underscores the importance of accurate and timely financial reporting in ensuring that stakeholders have a clear understanding of a company's true financial position. By recognizing and addressing these losses promptly, businesses can enhance their decision-making processes, improve cash flow management, and ultimately achieve greater financial stability. As such, understanding incurred but not reported losses is vital for anyone involved in the financial aspects of a business, from accountants to executives, and even investors looking to make informed decisions based on reliable financial data.

在金融和会计领域，短语incurred but not reported losses指的是已经发生但尚未在财务报表中正式记录或确认的费用或损失。这个概念对企业至关重要，因为它可能会显著影响企业的财务健康状况和决策过程。理解这个术语需要更深入地了解企业的运作方式以及准确财务报告的重要性。当一家公司进行日常运营时，它往往会产生各种成本，这些成本可能不会立即被记录。例如，一家制造公司可能会遇到设备故障，导致生产延误。尽管这些故障代表了生产力和潜在收入的损失，但财务影响可能要等到维修完成并正式记账后才会反映在公司的账本中。这种报告的延迟可能导致公司出现incurred but not reported losses的情况，从而对其财务状况产生误导性的影响。incurred but not reported losses的影响是显著的。投资者和利益相关者依赖财务报表来做出关于公司业绩和未来前景的明智决策。如果一家公司未能及时识别这些损失，它可能看起来比实际更有利可图。这种差异可能导致错误的投资决策，并最终损害公司的声誉和市场地位。此外，incurred but not reported losses还可能影响公司的现金流管理。例如，如果一家企业未能考虑某些损失，它可能会高估可用现金储备。这可能导致过度支出或承担额外债务，从而在长期内危及公司的财务稳定。因此，企业必须实施健全的会计实践，以确保及时识别所有发生的损失，无论这些损失是否已正式报告。为了减轻与incurred but not reported losses相关的风险，公司应采取积极措施。定期审计和财务报表审查可以帮助识别尚未记录的潜在损失。此外，保持部门之间的沟通畅通可以促进及时共享有关可能导致损失的操作问题的信息。通过培养透明和问责的文化，企业可以更好地管理其财务健康状况，避免未识别损失的陷阱。总之，incurred but not reported losses的概念是财务管理中不可忽视的关键方面。它强调了准确和及时财务报告的重要性，以确保利益相关者清楚了解公司的真实财务状况。通过及时识别和解决这些损失，企业可以增强决策过程，改善现金流管理，并最终实现更大的财务稳定。因此，理解incurred but not reported losses对于参与企业财务事务的任何人来说都是至关重要的，从会计师到高管，甚至是希望根据可靠财务数据做出明智决策的投资者。