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Zinsenaufwendungen f.kfr. Verbindlichkeit

English translation: interest expense on current liability

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Zinsenaufwendungen f.kfr. Verbindlichkeit
English translation:interest expense on current liability
Entered by: Steffen Walter
Options:
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- Include in personal glossary

20:31 May 10, 2007
German to English translations [PRO]
Bus/Financial - Accounting / balance sheet
German term or phrase: Zinsenaufwendungen f.kfr. Verbindlichkeit
Interest outgoings, debt, but what is f.kfr. ?
Siobain McAlister
Ireland
Local time: 20:57
interest expense on non-current liability
Explanation:
Aufwendungen are expenses, not outgoings/expenditures as the interest can be accrued but not actually paid. Verbindlickeiten are liabilities, not debt.

f.kfr. - für kürzfristig(e) - for non-current (or short-term in the older pre-IFRS parlance)

Note - It's always a good idea to tell us which accounting standards are in play as it makes a difference.
Selected response from:

Ted Wozniak
United States
Local time: 14:57
Grading comment
Thanks a mill Ted, again much appreciated, take care.
4 KudoZ points were awarded for this answer



Summary of answers provided
5interest expense on non-current liability
Ted Wozniak


  

Answers


8 mins   confidence: Answerer confidence 5/5
interest expense on non-current liability


Explanation:
Aufwendungen are expenses, not outgoings/expenditures as the interest can be accrued but not actually paid. Verbindlickeiten are liabilities, not debt.

f.kfr. - für kürzfristig(e) - for non-current (or short-term in the older pre-IFRS parlance)

Note - It's always a good idea to tell us which accounting standards are in play as it makes a difference.


Ted Wozniak
United States
Local time: 14:57
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 627
Grading comment
Thanks a mill Ted, again much appreciated, take care.

Peer comments on this answer (and responses from the answerer)
neutral  Alison Schwitzgebel: Ted - surely kurzfristig is current, and langfristig is non-current?
10 hrs
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Changes made by editors
May 11, 2007 - Changes made by Steffen Walter:
Edited KOG entry<a href="/profile/976">Ted Wozniak's</a> old entry - "Zinsenaufwendungen f.kfr. Verbindlichkeit" » "interest expense on non-current liability"
May 10, 2007 - Changes made by Ted Wozniak:
Created KOG entryKudoZ term » KOG term


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