Economic translation

Translation of financial documents requires thorough knowledge of the financial sector, so the translator uses the correct terminology and phrasing, and complies with any industry-specific requirements. When you send your financial texts to AdHoc Translations for translation, we guarantee that our mother tongue translators:

• Have the relevant linguistic education.
• Have at least 5 years of translation experience.
• Specialise in translation of financial texts.
• Have experience in translating for the specific industry.
• Have knowledge of relevant rules, regulations and standards (International Financial Reporting Standards ‘IFRS’ etc.) in the industry, so they how to translate an annual report.
• Have signed a non-disclosure agreement.
• Have passed a quality test and been subject to regular evaluations.

As a customer of AdHoc Translations, you get a dedicated team of translators who will get to know your business, including your company’s specific terminology and language usage. This ensures better communication and higher quality.

Financial translations require 100% accuracy, and there is no room for mistakes or imprecise wording. Therefore, AdHoc Translations works according to strict quality standards to ensure a translation of the highest quality.

Our quality standards include:

• Stringent criteria for selecting our translators.
• Initial and ongoing testing of the quality of the translators’ work within their specialty.
• Use of translation memories, which guarantees recognition and reuse of previous translations.*
• Use of term bases that contain your company’s terminology and specific industry terminology. These are constantly expanded and can also be deployed internally in your company.*
• Automatic quality assurance of your translations to ensure that all numbers and values are identical with the source text and specific terms are translated consistently.
• Compliance with international standards for quality management (ISO 9001) and standards for optimised and efficient management of the translation processes (ISO 17100).

Moreover, we ensure that your dedicated project manager at AdHoc Translations has close contact with the relevant people in your business (e.g. the finance department and communications department), so that all guidelines are followed and specific requirements for terminology are met.

*These remain the customer’s property at all times and are used only for the customer’s texts.

We have implemented strict IT security procedures and measures to ensure the necessary protection of our customers’ documents and information. These include our project management system (SmartDesk) and our translation tools.

If your documents contain sensitive information, we have implemented a specific workflow to guarantee that we comply with the new General Data Protection Regulation (GDPR).

If you have any questions about our compliance or IT and security procedures, please contact us by phone or email at compliance@adhoc-translations.com.

At AdHoc Translations, we have 30 years of experience in translating various types of financial and economic texts. These include: annual reports (including financial statements, income statement, balance sheet, management’s review and management’s statement), auditors’ reports, due diligence, stock exchange announcements, financial reports, insurance documents, market analyses, investor relations, etc.

Many listed companies want to present their annual report in two or more languages. This is to cater for its owners, shareholders and investors if the company operates in the international market, but also to attract new investors or reach out to other global stakeholders. Therefore, most companies choose as a minimum to have their annual report translated into English, as this is the predominant language in the financial world.

On the Danish Business Authority’s website, you can read what languages your annual report must be in when submitted to the Danish Business Authority: https://erhvervsstyrelsen.dk/kravene-til-den-indsendte-aarsrapport

• We provide high quality at favourable prices
• We listen to our customers and have a holistic and solution-oriented mindset.
• We are flexible and innovative and adapt to our customers’ demands and not vice versa.
• We use the latest language technology tools to ensure optimal processes and increase quality.
• We offer solutions that integrate with your systems.
• We ensure privacy and security for your documents.
• We comply with delivery schedules and offer express delivery.
• We are dedicated and take responsibility.
• We value a good and close customer relationship based on trust.