Buchwertauflösung
English translation: derecognition of carrying amount (of receivable)
| 13:18 Sep 20, 2007 |
| German to English translations [PRO] Bus/Financial - Accounting / fleet vehicles | |||||||
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|  Selected response from: RobinB United States Local time: 22:51 | ||||||
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| Summary of answers provided | ||||
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| 4 | Liquidation at Book Value |
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| 4 | derecognition of carrying amount (of receivable) |
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| 3 | write-off/down @ book value |
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| 2 | X tescission or annulment |
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| Discussion entries: 4 | |
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Answers
14 mins confidence: 
X tescission or annulment Explanation: I haven't googled as yet. -------------------------------------------------- Note added at 14 mins (2007-09-20 13:33:09 GMT) -------------------------------------------------- Ooops: rescission |
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33 mins confidence:
write-off/down @ book value Explanation: man amortisiert's 100%, oder? |
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1 hr confidence:
Liquidation at Book Value Explanation: Do you have enough context to know who is doing the "Aufloesung"? Aufloeusung is liquidation, btw, depriciation/amortization as one answerer suggests is Abrschreibung. If the context is revenue streams from leasing operations, then Buchwertaufloesung is part of the assumption made for the revenue from selling cars which have been returned early. |
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1 day 2 hrs confidence:
derecognition of carrying amount (of receivable) Explanation: Still not a lot to go on, but if a finance (capital) lease is cancelled, the lessor derecognises the receivable recognised at inception of the lease (that's the receivable for future finance income from the lease payments by the lessee, and it's gradually unwound as the lease gets one period closer to contractual expiration). This receivable is presumably derecognised at its (net) carrying amount, rather than at, say, the fair value of the vehicle at the time of cancellation. Unfortunately IAS 17 doesn't address this particular scenario, and I'm afraid I don't have time to research this in the literature (it's Friday afternoon, it's 5 o'clock, it's ... time for your customers to phone all at the same time with something desperately urgent they just sort of forgot about and need for Monday morning or CxO will kill them...) |
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