financial examination
[faɪˈnænʃəl ɪɡˈzæmɪˈneɪʃən]
nounpl: financial examinations
exame financeiro
1. A detailed review and analysis of financial records, accounts, and statements to verify accuracy, compliance, and financial health
The bank underwent a comprehensive financial examination by federal regulators.
O banco passou por um exame financeiro abrangente dos reguladores federais.
2. An audit conducted by an independent party to assess the validity and integrity of financial information
The company's annual financial examination revealed several discrepancies in their accounting practices.
O exame financeiro anual da empresa revelou várias discrepâncias em suas práticas contábeis.
3. A formal inspection of a financial institution's operations and adherence to regulatory requirements
The financial examination of the credit union confirmed its compliance with all regulations.
O exame financeiro da cooperativa de crédito confirmou sua conformidade com todas as regulamentações.
Financial examinations are standard regulatory procedures in both Brazil and the USA. In Brazil, examinations by the Central Bank (Banco Central) and CVM (Securities Commission) are mandatory for financial institutions. In the USA, agencies like the Federal Reserve, OCC, and FDIC conduct these examinations regularly. Both countries emphasize transparency and regulatory compliance in financial sectors.
Related Idioms & Phrases
pass a financial examination
undergo a financial examination
conduct a financial examination
clean bill of financial health
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