prospective adjustment
[/prəˈspɛktɪv əˈdʒʌstmənt/]
nounpl: prospective adjustments
ajuste prospectivo
1. An accounting or financial adjustment made to future periods or forward-looking statements, rather than retroactively to past periods
The company implemented a prospective adjustment to its depreciation method starting next fiscal year.
A empresa implementou um ajuste prospectivo em seu método de depreciação a partir do próximo ano fiscal.
2. In medical or insurance contexts, a modification or change applied going forward from a specified date, affecting future claims or treatments
The health plan announced a prospective adjustment to coverage limits effective January 1st.
O plano de saúde anunciou um ajuste prospectivo nos limites de cobertura a partir de 1º de janeiro.
3. A forward-looking correction or change to a plan, policy, or financial statement that does not affect previously reported periods
Management made a prospective adjustment to pension liabilities for future service periods.
A administração fez um ajuste prospectivo nos passivos de pensão para períodos de serviço futuros.
This is primarily a technical term used in accounting, finance, and insurance industries. In Brazil, it appears in regulatory guidance from CVM (Comissão de Valores Mobiliários) and follows IFRS standards. In the US, it's regulated under GAAP and is commonly discussed in SEC filings and audit reports. The distinction between prospective and retroactive adjustments is crucial for financial compliance in both countries.
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