What Are Financial Statements?

Financial statements are formal documents which indicate the financial position of the business. A regular financial statement consists of a balance sheet, an income statement, an equity statement, and a cash flow statement. The financial statement analysis may also be a part of the financial statement to make the key financial information easier to access.

A Translation manager explaining to his team how to translate a financial statement

The Need to Translate Financial Statements

Business may often want to invest, merge, or acquire in other businesses or firms in other countries. In such cases, it is necessary for both the businesses to have access to the key financial information about the other company, which is provided by the financial statements. The countries in which the businesses function may not necessarily use the same language as the primary language of business. To facilitate the overseas mergers and acquisitions between businesses, it is necessary to translate financial statements.

Why You Should Hire Professional Translators?

Financial statements are important documents which provide an insight into the financial situation of the business. When inexperienced translators who are not adept at business and finance jargon are employed to translate financial statements, they may miss out some key financial information. If key financial information is lost in translation, it can cause many problems for the company. Hence, it is of utmost importance for a company to hire professional translators to translate business financial statements.

How Alchemy Translation Can Help?

Alchemy Translation employs an experienced team of professional business translators. These translators have been specifically trained by financial experts to understand the financial and business terminologies in at least two languages. Moreover, every document that undergoes translation at Alchemy Translation is checked at multiple levels to ensure 100% accuracy in translation. We provide the best-in-class business and financial translation services across multiple languages at the lowest error rates in the industry so that you can get the best value for your money.

Other Services Provided by Alchemy Translation

Apart from professional business translation services for financial statements, Alchemy Translation also provides expert financial translation services for important business documents like Annual Reports, Investment Reports, and Forecast and Projection Reports. Apart from professional translation services of financial documents, Alchemy also provides professional proofreading services for the translated documents in all languages. At Alchemy Translation, we believe that translation is as much an art as science. Thus, we nurture artistic minds and train them in the business and finance pedagogy to ensure the highest quality services for our clients.

Fill in the contact form, get in touch with us and tell us your requirements for business translation services. We will tailor the perfect solution for your needs and get back to you with a free quote as soon as possible.