Balance sheet and income statement Translation

Financial statements show a company's financial position and results for a reporting period. They are requested for tender qualification, loan applications and investment negotiations.

Chart of accounts terminology is rendered in the accounting language of the destination country; numerical data are preserved as they appear in the source document, and currencies are not converted. Notes are also an integral part of the statements and are generally translated together with them.

Which institutions request this document?

• Banks and financial institutions — for credit assessments
• Tendering authorities — for financial qualification reviews
• Investors and prospective partners
• Foreign tax authorities

Certification requirements

Preparing your document

• Ask the institution whether the notes are also required
• Obtain a copy certified by an accountant
• Check the specifications to see how many years of statements are required
• Sending the statements in an editable format can shorten the turnaround time

Frequently asked questions