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Italian to English translations [PRO]
Bus/Financial - Accounting | | Italian term or phrase: ammortamenti e svalutazioni | Hello,
Please could someone give me the English for "ammortamenti e svalutazioni" in the context of a company balance sheet - I don't understand the difference between the two.
Also, if possible, within the same context, what are "Ratei e Risconti"?
Thank you |
| bsmehKudoZ activityQuestions: 9 (none open) Answers: 0
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| | amortization, depreciation and impairment | Explanation:
Amortization is for intangible assets, depreciation for property, plant and equipment (i.e. non-current tangible assets), and impairment is when you reduce the value of non-current assets for other reasons or for intangible assets of undefined useful life.
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Note added at 1 hr 11 mins (2006-01-06 13:24:30 GMT)
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Oh yeah, for "ratei e risconti" it depends on whether we're talking "attivi" or "passivi". If you need a general term for the whole category, you could use something like "accruals and prepayments", even though that technically leaves out "deferred income". |
| Selected response from:
Grey Drane
Italy
Local time: 06:47
| Grading comment Thank you, and thanks for the explanation too!
4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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Automatic update in 00:
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1 hr confidence:  peer agreement (net): +1 amortization, depreciation and impairment
Explanation:
Amortization is for intangible assets, depreciation for property, plant and equipment (i.e. non-current tangible assets), and impairment is when you reduce the value of non-current assets for other reasons or for intangible assets of undefined useful life.
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Note added at 1 hr 11 mins (2006-01-06 13:24:30 GMT)
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Oh yeah, for "ratei e risconti" it depends on whether we're talking "attivi" or "passivi". If you need a general term for the whole category, you could use something like "accruals and prepayments", even though that technically leaves out "deferred income".
| Grey Drane
Italy
Local time: 06:47
Specializes in field
Native speaker of:  English
PRO pts in category: 52
|
| | Grading comment | Thank you, and thanks for the explanation too! |
|
| | Login to enter a peer comment (or grade) |
16 hrs confidence:
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The translation workplace 
