https://www.proz.com/kudoz/english-to-german/economics/831689-hbii.html?

HBII

German translation: single-entity financial statements adjusted for uniform group accounting

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:HBII
German translation:single-entity financial statements adjusted for uniform group accounting
Entered by: Daniela Penn

12:25 Oct 7, 2004
English to German translations [PRO]
Bus/Financial - Economics
English term or phrase: HBII
he comprehensive HBII financial management package
Irgendwie finde ich, dass hier das Verb fehlt!
Daniela Penn
Local time: 08:12
single-entity financial statements adjusted for uniform group accounting
Explanation:
The German term is somewhat misleading - what it refers to are single-entity financial statements (which are initially prepared according to local GAAP, and in local currency) adjusted to comply with uniform Group accounting policies and translated into the Group reporting currency.

RobinB should be able to give you more background on this.
Selected response from:

Ralf Lemster
Germany
Local time: 08:12
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +3single-entity financial statements adjusted for uniform group accounting
Ralf Lemster


Discussion entries: 1





  

Answers


5 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +3
Handelsbilanz II
single-entity financial statements adjusted for uniform group accounting


Explanation:
The German term is somewhat misleading - what it refers to are single-entity financial statements (which are initially prepared according to local GAAP, and in local currency) adjusted to comply with uniform Group accounting policies and translated into the Group reporting currency.

RobinB should be able to give you more background on this.

Ralf Lemster
Germany
Local time: 08:12
Specializes in field
Native speaker of: German
PRO pts in category: 68

Peer comments on this answer (and responses from the answerer)
agree  Hans G. Liepert
4 mins

agree  Michael Bailey
8 mins

agree  RobinB: Agree, of course. But in the immortal words of Christine Keeler, "He would, wouldn't he". But I'm not 100% sure what the question was in the first place.....
1 hr
  -> Thanks, Robin - no specific question other than terminology here; just in case we need more backup on the concept...
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