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Angesammelter Gewinn

English translation: accrued profits


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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Angesammelter Gewinn
English translation:accrued profits
Entered by: Poornima Iyengar
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17:21 Feb 19, 2002
German to English translations [PRO]
Bus/Financial - Accounting / Accounting
German term or phrase: Angesammelter Gewinn
Accounting related

TIA
Poornima Iyengar
Local time: 03:43
accrued profits
Explanation:
Would that be it?
Selected response from:

Trudy Peters
Local time: 18:13
Grading comment
Thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4accrued profits
Trudy Peters
5 +2retained earningsMichael Sebold
4accumulated profit or earnings
AmiHH


  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
accrued profits


Explanation:
Would that be it?

Trudy Peters
Local time: 18:13
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 15
Grading comment
Thanks

Peer comments on this answer (and responses from the answerer)
agree  Bob Kerns: or profit without the "s"
19 mins
agree  xxxbrute: Right on.
1 hr
agree  Alison Riddell: Yup!
1 hr
agree  Ulrike Lieder: yep, that's it... :-)
2 hrs
neutral  Michael Sebold: Perhaps in the UK - see below.
2 hrs
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33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
accumulated profit or earnings


Explanation:
Dietl Wörterbuch für Recht, Wirtschaft und Politik says accumulated profit or earnings. Accrued profit would, of course, also be fine.

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Note added at 2002-02-19 19:42:42 (GMT)
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Andersen Consulting Professional Dictionary of Accounting Tax Banking and EDP (published by Schäfer Poeschel)says accumulated is either \"angesammelt\" or \"aufgelaufen.\" Both accrued and accumulated profit work. I prefer

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Note added at 2002-02-19 19:50:58 (GMT)
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Andersen Consulting Professional Dictionary of Accounting Tax Banking and EDP (published by Schäfer Poeschel)says accumulated is either \"angesammelt\" or \"aufgelaufen.\" Both accrued and accumulated profit work. I prefer

AmiHH
Germany
Local time: 00:13
Native speaker of: Native in EnglishEnglish
PRO pts in category: 2

Peer comments on this answer (and responses from the answerer)
neutral  Alison Riddell: But why are you looking in a legal dictionary for financial terms (I know it says Wirtschaft on the cover, but that's not finance!)
1 hr
  -> True, but legal and financial translations often overlap. I just wanted to give the writer another acceptable option.
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2 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
retained earnings


Explanation:
This is the official term according to GAAP in Canada and the US.



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Note added at 2002-02-19 19:54:36 (GMT)
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GAAP - Generally Accepted Accounting Principles - the official accounting reference manual for professional accountants.

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Note added at 2002-02-19 23:02:32 (GMT)
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Indeed, the \"Statement of Retained Earnings\" is one of the key components of financial statements.


    Experience
Michael Sebold

Peer comments on this answer (and responses from the answerer)
agree  Christa Zeller Thomas
23 mins
  -> Thank you.
agree  Tanner Pittman: This is simply a better term than accrued profits nomatter what they may say.
6 hrs
  -> Thanks Tanner - yup, I am sometimes more than a little astonished at which answers are actually selected in this forum.
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