ME closing

English translation: month-end closing

09:49 Sep 19, 2012

English language (monolingual) [PRO]
Bus/Financial - Accounting

English term or phrase: ME closing

Another issue in a presentation on a multinational company’s outlook and strategic priorities for 2012 and beyond.
Headings of the individual slides include such titles as Commercial, Supply, Finance, HR, IT, Purchasing and Restructure Plan.
The text on the Finance slide reads as follows:
• ‘’Budgets agreed and loaded
• Effective ME closing in January & February
• Financial delegation table issued
• Transfer pricing rules sent to all countries’’

I am not sure about the meaning of the phrase ‘’ME closing’’.
This might mean ‘’month-end’’ closing, but in my opinion ‘’year-end closing’’ would probably make more sense in the context.
Any help would be greatly appreciated.

Grzegorz Mysiński KudoZ activity Questions: 1925 (none open) (45 closed without grading) Answers: 1782 Poland
Local time: 22:02

Selected answer:month-end closing

Explanation:
... makes perfect sense to me because they are explicitly referring to the months of January and February.

Selected response from:

Steffen Walter
Germany
Local time: 22:02

Grading comment

Thank you very much Steffen!
4 KudoZ points were awarded for this answer

SUMMARY OF ALL EXPLANATIONS PROVIDED

4 +5

month-end closing

Steffen Walter

Answers

3 mins confidence:

peer agreement (net): +5

month-end closing

Explanation:
... makes perfect sense to me because they are explicitly referring to the months of January and February.

Steffen Walter
Germany
Local time: 22:02
Specializes in field
Native speaker of:

German
PRO pts in category: 8

Grading comment

Thank you very much Steffen!

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ME closing

English translation: month-end closing

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