Glossary entry

English term or phrase:

cut-off errors

Russian translation:

ошибки, производимие в конце отчетного периода

Added to glossary by David Knowles
Dec 26, 2002 17:38
21 yrs ago
English term

cut-off errors

English to Russian Bus/Financial Accounting Audit
Stock

Weaknesses:

Lack of physical and financial control over stocks.

Cut-off errors were discovered for widgets despatched prior to the year end but uninvoiced.

Proposed translations

+2
36 mins
Selected

ошибки, производимие в конце финансового года

The cut-off is the end of the financial year.
Peer comment(s):

disagree Vasyl Baryshev (X) : it's just any reporting period (i.e. the cut-off period of my DinersClub card is 60 days
1 hr
In the context, it's about incorrect accounting for year-end transactions
agree Michael Tovbin : в конце отчетного периода would have been better.
2 hrs
agree Oleg Pashuk (X)
3 hrs
agree lyolya : с Михаилом, только чаще говорят "НА конец отчетного периода"
13 hrs
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Graded automatically based on peer agreement. KudoZ."
+2
4 hrs

ошибки (учета) при смене отчетного периода

Sales could be overstated due to cut-off error, for example, January 2000 sales being invoiced as December 1999.

Purchases could be understated if materials/components received before the year end have not been recorded until after the year end. Such an error might indicate a general lack of control over cut-off.

Peer comment(s):

agree protolmach
2 hrs
Thanks
agree Eva Blanar : these are errors occurring in the cut-off process
1 day 17 hrs
Thanks
Something went wrong...
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