partial accounts
[/ˈpɑːrʃəl əˈkaʊnts/]
nounpl: N/A (plural noun phrase)
contas parciais
1. Financial statements or records that show only a portion of a company's or individual's financial transactions or account balance, typically prepared before the final accounting period closes
The accountant prepared partial accounts to give the stakeholders an interim view of the company's financial position.
O contador preparou contas parciais para dar aos interessados uma visão intermediária da posição financeira da empresa.
2. Incomplete or interim financial records used for management decisions before a full audit or year-end closing
Based on the partial accounts, the board decided to proceed with the expansion project.
Com base nas contas parciais, a diretoria decidiu prosseguir com o projeto de expansão.
3. In accounting, financial statements prepared at interim periods (quarterly, semi-annually) rather than annually
The partial accounts for the third quarter showed an improvement in profit margins.
As contas parciais do terceiro trimestre mostraram uma melhoria nas margens de lucro.
In both Brazilian and American business contexts, partial accounts are essential for interim management reporting and decision-making. In Brazil, publicly traded companies are required to submit partial accounts (contas parciais) to the regulatory authority (CVM - Comissão de Valores Mobiliários) on a quarterly basis, following IFRS standards. This practice is particularly important for corporate governance and investor transparency.
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