circularización

English translation: balance confirmation

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:circularización
English translation:balance confirmation
Entered by: Katherine Matles

09:04 Aug 27, 2001
Spanish to English translations [PRO]
Bus/Financial
Spanish term or phrase: circularización
El auditor realizó una circularización de los bancos y empresas que mantienen cuentas con la empresa.
Katherine Matles
Spain
Local time: 09:57
balance confirmation
Explanation:
Katherine, please check this expression in the glossary. This is what "circularización" refers to, as jsavage correctly explains.

Auditors do not pay personal visits (imagine auditing a big company; they would never finish!) Besides, answers to these letters are documents that back up auditors' report.

Regards,

Patricia
Selected response from:

Patricia Lutteral
Argentina
Local time: 04:57
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
na +1visit
Margaret Schroeder
naThe auditor sent out a circular (letter) to...
jsavage
nabalance confirmation
Patricia Lutteral


  

Answers


12 mins
The auditor sent out a circular (letter) to...


Explanation:
Does this idea fit into the overall context of the document?

jsavage
Local time: 08:57
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 9

Peer comments on this answer (and responses from the answerer)
disagree  Laura Molinari: I think it is the auditor who went around to all the banks and companies
11 mins
  -> OK, we could both be right from the short text given

agree  Patricia Lutteral: These letters are standard audit procedure.
28 mins
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26 mins peer agreement (net): +1
visit


Explanation:
The auditor visited (OR: carried out a visit of) all banks and companies that have an (OR: a current) account with XXX.

(where XXX is the name of la empresa)

Margaret Schroeder
Mexico
Local time: 01:57
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1449

Peer comments on this answer (and responses from the answerer)
agree  Maria: Word has the equivalent of "making the rounds" in English ;o)
10 mins
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54 mins
balance confirmation


Explanation:
Katherine, please check this expression in the glossary. This is what "circularización" refers to, as jsavage correctly explains.

Auditors do not pay personal visits (imagine auditing a big company; they would never finish!) Besides, answers to these letters are documents that back up auditors' report.

Regards,

Patricia

Patricia Lutteral
Argentina
Local time: 04:57
Native speaker of: Spanish
PRO pts in pair: 505
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