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"desreconhecido” do balanço

English translation: derecognized from the balance sheet

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Portuguese term or phrase:"desreconhecido" do balanço
English translation:derecognized from the balance sheet
Entered by: peterinmadrid

17:30 Feb 9, 2007
Portuguese to English translations [PRO]
Bus/Financial - Finance (general) / Banking Software
Portuguese term or phrase: "desreconhecido” do balanço
O activo securitizado pode ser ou não “desreconhecido” do balanço. Se o activo não for “desreconhecido” os valores são contabilizados nas respectivas contas de titularização definidas pelo Banco de Portugal. Se o activo for “desreconhecido” os valores são contabilizados em contas extra patrimoniais;
peterinmadrid
Portugal
Local time: 18:12
derecognized of the balance sheet
Explanation:
Goodwill" Desreconhecido na Alienação do Negócio · Goodwill Derecognised on Disposal of Business ·

• Desreconhecimento de activos e consolidação de SPE’s
De acordo com as normas do PCSB, os activos cedidos pelo Grupo no âmbito
de operações de titularização (securitização) são desreconhecidos (isto é,
deixam de estar registados nos activos no balanço) desde que a operação
reúna as condições de uma cedência efectiva e completa.

• Derecognition of assets and SPE’s consolidation
In accordance with the PCSB norms, the assets
ceded by the Group in the scope of the
securitization operations are derecognized (i.e.,
they cease to be entered in the balance sheet assets)
once the operation congregates the conditions of
an effective and complete cession.
Selected response from:

Ivaneide
Brazil
Local time: 13:12
Grading comment
Thank you, Ivan.
4 KudoZ points were awarded for this answer



Summary of answers provided
4derecognized of the balance sheet
Ivaneide


  

Answers


7 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
"desreconhecido" do balanço
derecognized of the balance sheet


Explanation:
Goodwill" Desreconhecido na Alienação do Negócio · Goodwill Derecognised on Disposal of Business ·

• Desreconhecimento de activos e consolidação de SPE’s
De acordo com as normas do PCSB, os activos cedidos pelo Grupo no âmbito
de operações de titularização (securitização) são desreconhecidos (isto é,
deixam de estar registados nos activos no balanço) desde que a operação
reúna as condições de uma cedência efectiva e completa.

• Derecognition of assets and SPE’s consolidation
In accordance with the PCSB norms, the assets
ceded by the Group in the scope of the
securitization operations are derecognized (i.e.,
they cease to be entered in the balance sheet assets)
once the operation congregates the conditions of
an effective and complete cession.


    Reference: http://xbrl.iasb.org/int/fr/ifrs/gp/2006-08-15/abra/viewer-p...
    Reference: http://www.bca.pt/dataimages/Relatorio%20BCA%202004.pdf
Ivaneide
Brazil
Local time: 13:12
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in PortuguesePortuguese
PRO pts in category: 4
Grading comment
Thank you, Ivan.
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