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FLOOR TO SHEET

Spanish translation: auditoría de existencias (respecto del inventario)

02:29 Jul 19, 2018
English to Spanish translations [PRO]
Bus/Financial - Finance (general) / Tax Audit
English term or phrase: FLOOR TO SHEET
During a tax audit on a certain company, one of the activities was an inventory inspection with a:

"...Verification of 10 floor to sheet and 25 sheet to floor counts for Finished Goods, with satisfactory results..."
Erick Forero
Colombia
Local time: 03:21
Spanish translation:auditoría de existencias (respecto del inventario)
Explanation:
Hola, Erick:

He encontrado una consulta similar que podría ser útil: https://www.proz.com/kudoz/english_to_spanish/accounting/482...

“Inventory Audit Test: Sheet-to-Floor
Our first inventory count test is called “sheet-to-floor.” For this test, we selected inventory items from the count sheets. Then we traced these sheets to the actual inventory on the floor, and recounted it. For inventory, auditors are most worried about the existence assertion: Does the inventory recorded on the books really exist?

Inventory Audit Test: Floor-to-Sheet
However, as auditors we are also making sure that they count was done well. We perform a second test called “floor-to-sheet” where we select an item of inventory out on the warehouse floor. We count the items, and then trace them to their count sheet to make sure that the client’s counters recorded to same number that we did. This tests for completeness: Is all the existing inventory recorded on the books?”. Fuente: http://accountantbyday.com/post/2011-01-03-life-of-an-audito...

¡Saludos!
Selected response from:

Maximiliano Vaccaro
Argentina
Local time: 05:21
Grading comment
Gracias! Aunque al decir "existencias", finalmente no se aclaró la diferencia entre Floor to Sheet y Sheet to Floor. Lo tradujimos como "de registro a piso" y "de piso a registro".
2 KudoZ points were awarded for this answer



Summary of answers provided
2auditoría de existencias (respecto del inventario)
Maximiliano Vaccaro


  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
floor to sheet
auditoría de existencias (respecto del inventario)


Explanation:
Hola, Erick:

He encontrado una consulta similar que podría ser útil: https://www.proz.com/kudoz/english_to_spanish/accounting/482...

“Inventory Audit Test: Sheet-to-Floor
Our first inventory count test is called “sheet-to-floor.” For this test, we selected inventory items from the count sheets. Then we traced these sheets to the actual inventory on the floor, and recounted it. For inventory, auditors are most worried about the existence assertion: Does the inventory recorded on the books really exist?

Inventory Audit Test: Floor-to-Sheet
However, as auditors we are also making sure that they count was done well. We perform a second test called “floor-to-sheet” where we select an item of inventory out on the warehouse floor. We count the items, and then trace them to their count sheet to make sure that the client’s counters recorded to same number that we did. This tests for completeness: Is all the existing inventory recorded on the books?”. Fuente: http://accountantbyday.com/post/2011-01-03-life-of-an-audito...

¡Saludos!


Maximiliano Vaccaro
Argentina
Local time: 05:21
Native speaker of: Spanish
PRO pts in category: 25
Grading comment
Gracias! Aunque al decir "existencias", finalmente no se aclaró la diferencia entre Floor to Sheet y Sheet to Floor. Lo tradujimos como "de registro a piso" y "de piso a registro".
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