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Rücklagenspiegel

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14:29 Mar 8, 2008
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: Rücklagenspiegel
I am doingthe section with the table of contents of an annual report. I have no further context.
Kathy Gingras
Local time: 04:34
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Summary of answers provided
3 +4statement of changes in reserves
Steffen Walter
3 -1(Level of) reserves / provisionsDavid Moore


  

Answers


16 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): -1
(Level of) reserves / provisions


Explanation:
I'd say one of these two should fit; I'd ask the customer which one they prefer...

David Moore
Local time: 10:34
Native speaker of: Native in EnglishEnglish
PRO pts in category: 73

Peer comments on this answer (and responses from the answerer)
agree  KARIN ISBELL
28 mins

disagree  Steffen Walter: No "level" involved here. See, by analogy, http://proz.com/kudoz/793011 / What do you mean by "context is not the same"? Both Rücklagen- and Anlagenspiegel can be part of fin. statements, hence my ref. You'd never use "level" in THIS context as a heading.
42 mins
  -> Context is not the same. that's quite clear. I fKathy is handling a table, this as a heading is far preferable. And who says "level" is wrong, anyway? I Ralf were to come and disagree with me, I'd withdraw.

disagree  RobinB: A "Spiegel" in accounting contexts is a tabular statement, e.g. Anlagespiegel = statement of changes in fixed/non-current assets. Rücklagen are always reserves (equity), Rückstellungen are always provisions (debt). A rather important difference!
5 hrs
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57 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +4
statement of changes in reserves


Explanation:
In this accounting context, a "Spiegel" is a statement in the sense of an analysis or "Aufstellung", rather than a level. By analogy, see also KudoZ glossary entries for "Anlagespiegel", such as http://www.proz.com/kudoz/233653 and http://www.proz.com/kudoz/793011

In addition, please bear in mind that "Rücklagen" are reserves while "Rückstellungen" are "provisions", at least in accordance with IAS/IFRS. Which accounting standards are applied here?

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Note added at 5 days (2008-03-14 10:09:21 GMT)
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What does your cryptic comment mean? Are you really in a position to make such a statement, given all the peer comments?

Steffen Walter
Germany
Local time: 10:34
Specializes in field
Native speaker of: Native in GermanGerman
PRO pts in category: 416
Notes to answerer
Asker: None of the above


Peer comments on this answer (and responses from the answerer)
agree  Ulrike Kraemer: exactly, similar to an "Anlagenspiegel"
1 hr

agree  Bettina Rittsteuer
1 hr

agree  Andrea Hauer
2 hrs

agree  RobinB: Rücklagen are reserves, and Rückstellungen are provisions, in *any* accounting system!//US GAAP? Ein Auslaufmodell :-) Pretty irrelevant for De-En now, I think.
5 hrs
  -> Hmm... I vaguely remember that there'd been at least some confusion in US GAAP usage (among preparers?) re. reserves vs. provisions. Or is my mind playing tricks on me here?
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Changes made by editors
Mar 8, 2008 - Changes made by Steffen Walter:
FieldLaw/Patents » Bus/Financial
Field (specific)Law: Contract(s) » Accounting


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