adjustment of earnings of prior periods

简明释义

以前年度收益调整

英英释义

例句

1.The quarterly report included an adjustment of earnings of prior periods reflecting a miscalculation.

季度报告中包括了反映错误计算的之前期间收益的调整。

2.The company reported an adjustment of earnings of prior periods due to a change in accounting policy.

由于会计政策的变化，公司报告了之前期间收益的调整。

3.During the audit, the accountant found an adjustment of earnings of prior periods that needed to be corrected.

在审计过程中，会计发现需要纠正的之前期间收益的调整。

4.Investors were concerned about the adjustment of earnings of prior periods that affected the overall financial health of the firm.

投资者对影响公司整体财务状况的之前期间收益的调整表示担忧。

5.Shareholders received a detailed explanation of the adjustment of earnings of prior periods during the annual meeting.

在年度会议上，股东们收到了关于之前期间收益的调整的详细解释。

作文

In the world of finance and accounting, the term adjustment of earnings of prior periods refers to the process of correcting previously reported financial results to reflect more accurate figures. This practice is essential for maintaining the integrity of financial statements and ensuring that stakeholders have access to reliable information. The adjustment of earnings of prior periods can occur due to various reasons, such as errors in accounting, changes in accounting policies, or the discovery of new information that affects past financial performance.One common scenario that may necessitate an adjustment of earnings of prior periods is when a company discovers that it has miscalculated its revenue or expenses in previous financial statements. For instance, if a business realizes that it failed to record certain sales transactions from the prior year, it must adjust its earnings to accurately reflect those sales. This correction not only impacts the company's income statement but also its balance sheet and cash flow statement.Moreover, the adjustment of earnings of prior periods can also arise from changes in accounting methods. Companies may decide to adopt a new accounting standard that requires them to report their earnings differently. When this happens, they must go back and adjust their previous financial statements to ensure consistency and comparability across reporting periods. This is particularly important for investors and analysts who rely on historical data to make informed decisions about a company's future performance.Another factor that can lead to the adjustment of earnings of prior periods is the impact of regulatory changes. For example, if new tax laws are enacted that retroactively affect how companies report their earnings, businesses may need to adjust their prior period earnings to comply with these regulations. This ensures that the financial statements present a true and fair view of the company's financial position.The implications of the adjustment of earnings of prior periods extend beyond just the numbers on a financial statement. Such adjustments can influence investor confidence, stock prices, and overall market perception of the company. If investors perceive that a company frequently adjusts its prior earnings, they may question the reliability of its financial reporting. This could lead to decreased investment or a decline in stock value, highlighting the importance of accuracy in financial reporting.In conclusion, the adjustment of earnings of prior periods is a critical aspect of financial reporting that ensures the accuracy and reliability of a company’s financial statements. Whether due to errors, changes in accounting policies, or regulatory impacts, these adjustments play a vital role in presenting a true picture of a company's financial health. Stakeholders, including investors, creditors, and regulators, rely heavily on accurate financial information to make informed decisions. Therefore, companies must approach the adjustment of earnings of prior periods with diligence and transparency, recognizing its significance in maintaining trust and credibility in the marketplace.

在金融和会计的世界中，术语调整以前期间的收益指的是修正先前报告的财务结果，以反映更准确的数字。这一做法对于维护财务报表的完整性以及确保利益相关者能够获得可靠的信息至关重要。调整以前期间的收益可能由于多种原因而发生，例如会计错误、会计政策变化或发现影响过去财务业绩的新信息。一个常见的场景是，当公司发现其在之前的财务报表中错误计算了收入或费用时，可能需要进行调整以前期间的收益。例如，如果一家企业意识到它未能记录去年的某些销售交易，则必须调整其收益以准确反映这些销售。这一修正不仅影响公司的损益表，还影响其资产负债表和现金流量表。此外，调整以前期间的收益也可能源于会计方法的变化。公司可能决定采用新的会计标准，这要求他们以不同的方式报告收益。在这种情况下，他们必须回过头来调整以前的财务报表，以确保报告期间之间的一致性和可比性。这对于依赖历史数据来做出关于公司未来表现的明智决策的投资者和分析师尤其重要。导致调整以前期间的收益的另一个因素是监管变化的影响。例如，如果颁布的新税法追溯性地影响公司如何报告其收益，企业可能需要调整其以前期间的收益以遵守这些法规。这确保了财务报表呈现公司财务状况的真实和公正的视图。调整以前期间的收益的影响超出了财务报表上的数字。这些调整可能会影响投资者信心、股价和市场对公司的整体看法。如果投资者认为一家公司经常调整其以前的收益，他们可能会质疑其财务报告的可靠性。这可能导致投资减少或股价下跌，突显了财务报告准确性的重要性。总之，调整以前期间的收益是财务报告中的一个关键方面，确保公司财务报表的准确性和可靠性。无论是由于错误、会计政策变化还是监管影响，这些调整在展示公司财务健康的真实图景中发挥着至关重要的作用。包括投资者、债权人和监管机构在内的利益相关者在做出明智决策时严重依赖准确的财务信息。因此，公司必须以勤勉和透明的态度处理调整以前期间的收益，认识到其在维护市场信任和信誉中的重要性。