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Apr 1, 2010 09:37
14 yrs ago
2 viewers *
English term

to spread financial statements

English Bus/Financial Finance (general)
or to spread financial statements data. What does it mean?

Discussion

Yelena Pestereva (asker) Apr 1, 2010:
Well, the problem seems to be solved at last!:) To spread financial statements or financial statements data means to change its format so that a bank could use it for its purposes. A colleague has just found the definition in some glossary. Many, many thanks to everybody!
B D Finch Apr 1, 2010:
Now we know what is being spread Yelena, I assume that the text you have just posted should be in quotes and is part of your source text. In which case, it is the data (some of which is core financial statement data) that is being spread, not the financial statements.
Yelena Pestereva (asker) Apr 1, 2010:
Using the browser-based interface, users can spread core financial statement data and other qualitative data in a central database, based on various accounting standards or specific industries.
Stephanie Ezrol Apr 1, 2010:
If you could give us more text before and after that phrase it would help. If its a risk management model, I don't think that would be something as simple as compiling spreadsheets.
Yelena Pestereva (asker) Apr 1, 2010:
My guess is that the model can compile spreadsheets using financial statements data. Am I right?
Yelena Pestereva (asker) Apr 1, 2010:
Well, I have a text about a risk-management model used by banks. It's a marketing text. They speak about advantages of the model one of which is a possibility to spread financial statements. Hope it will help.
B D Finch Apr 1, 2010:
Who knows?! You need to give more information in order for anyone to venture an informed opinion.

Responses

4 days

separating the financial bills

it is simply means separating the financial bills, you can transfer this meaning
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