aggregate financial reporting
[/ˈæɡrɪɡət fɪˈnænʃəl rɪˈpɔːrtɪŋ/]
noun
relatório financeiro consolidado
1. The practice of combining financial information from multiple entities, business units, or subsidiaries into a single comprehensive financial statement or report
The company's aggregate financial reporting combines data from all 15 subsidiary companies into one annual report.
O relatório financeiro consolidado da empresa combina dados de todas as 15 empresas subsidiárias em um único relatório anual.
2. Financial reporting that presents summarized or combined data rather than line-by-line detail
Aggregate financial reporting at the corporate level provides investors with an overview of total performance.
O relatório financeiro agregado em nível corporativo fornece aos investidores uma visão geral do desempenho total.
3. The process of accumulating and presenting financial data in consolidated form for regulatory or stakeholder communication purposes
IFRS standards require aggregate financial reporting for all material transactions across the group.
As normas IFRS exigem relatório financeiro consolidado para todas as transações materiais do grupo.
In Brazil, aggregate financial reporting is a critical requirement for publicly traded companies listed on B3 (formerly BOVESPA) and follows IFRS standards. In the USA, the SEC mandates aggregate financial reporting for publicly traded companies, often presented in 10-K and 10-Q filings. The practice is essential for investor protection and regulatory compliance in both markets.
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