英语翻译

英语翻译
1.A process is in place to ensure that nonroutine events and transactions,including significant reserves and estimates (including those requiring the use of accounting estimates and the application of judgment) are valid,documented,approved by the appropriate level,and recorded using the appropriate accounting treatment and in the proper accounting period in accordance with FPM #31250.Proper communication and feedback from all appropriate parties,including but not limited to legal,tax,treasury,corporate accounting,actuaries,EHS,etc.takes place.
2.Unrealized profit is calculated and accounted for in accordance with Financial Policy Manual # 31050.
3.An investment roll-forward calculation is maintained for all equity investments handled/managed,which shows the opening balance of the investment,calculation of the Company's share in the results of the investment,investee's operations and the ending investment balance.
4.Equity investment balances for subs assigned/managed are reconciled quarterly to the underlying net assets per the investee's unaudited financial statements and annually to audited financial statements by an individual separate of this process,and reconciling items are investigated and resolved.
5.Calculations of the minority interest obligations,in accordance with the minority interest agreements,are performed and reviewed on a monthly or quarterly basis (based on materiality) to ensure accurate financial reporting.A minority interest roll-forward calculation is maintained for all less-than-100% owned subsidiaries,which shows the opening minority interest balance,calculation of the minority's share of the results of the company's operations,the ending minority interest balance,and IP's control of the entity.