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German to English translations [PRO]
Bus/Financial - Accounting | | German term or phrase: bestandssicher aber betragsunsicher | Context: slide on Sonstige Rückstellungen (US GAAP) comparing accrued expenses with contingent liabilities
Definition of accrued expenses:
(Bullet point 1)
rechtlich bereits entstandene Verpflichtungen, über deren Höhe bzw. Gläubiger noch Unge-wissheit besteht
(Bullet point 2)
bestandssicher, aber betragsunsicher
Definition of contingent liabilities
(bullet point 1)
Verpflichtung ist am Bilanzstichtag zwar noch nicht eingetreten, aber die zukünftige Vermögensbelastung gilt als „probable“ und die Höhe der Belastung steht fest oder kann geschätzt werden
(bullet point 2)
bestandsunsicher und betragsunsicher |
| nruddyKudoZ activityQuestions: 153 (none open) ( 1 without valid answers) ( 9 closed without grading) Answers: 28
| Local time: 17:19
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| | present obligation, but uncertain amount | Explanation:
More or less classic definition of provisions/accrued expenses, plus uncertain timing, of course.
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Note added at 16 hrs 47 mins (2004-08-20 07:07:50 GMT)
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BTW, \"Vermögensbelastung\" under contingencies is \"asset impairment\" (see SFAS 5, which is the primary US GAAP pronouncement here).
And then \"uncertain obligation and amount\". |
| Selected response from:
RobinB
Local time: 00:19
| Grading comment Thanks Robin!
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The translation workplace 
