English translation: Fiscal year adjustment percentage
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15:55 Feb 17, 2006
Spanish to English translations [PRO] Bus/Financial - Finance (general) / income tax statements
Spanish term or phrase:PAAG
I know it stands for "porcentaje de ajuste año gravable", but is there an English equivalent expression for this?
Explanation: Inflationary adjustments are calculated by taking the value of non-monetary assets and multiplying it by a percentage known as the Percentage Adjustment for the Fiscal Year (Porcentaje de Ajuste del Año Gravable (PAAG)). This percentage is calculated according to the increase registered by Colombia's Consumer Price Index. The adjusted value of the non-monetary assets is recorded as a credit in the monetary correction account and as a debit in the non-monetary assets account.
Explanation: estoy de acuerdo con la colega, pero no con el orden
Cecilia Della Croce Argentina Local time: 08:34 Works in field Native speaker of: Spanish PRO pts in category: 68
Selected automatically based on peer agreement.
20 hrs confidence:
middle-income consumer price index
Explanation: coefficients of changes in the Colombian middle-income consumer price index (“MCPI”) for the relevant. period to non-monetary assets and liabilities, www.bancolombia.com/investor_ information/20f/2002-20f.pdf
financial Statements are adjusted For the effects Of inflation On the basis Of Changes In the Colombian Middle income Consumer Price index (the "MCPI"). www.secinfo.com/d12PMq.1Au.htm
1920 under Colombian law. The corporate purpose is the investment and appli- ... using the DANE-certified consumer price index for middle income (PAAG) to ... www.inversioneschocolates.com/ docs/infanual03_eng/NotesFinanc.pdf
Porcentaje de Ajuste Año Gravable PAAG
Se utiliza al realizar el cálculo del ajuste de los estados financieros para reconocer el efecto de la inflación.
PAAG mensual: Porcentaje de ajuste del mes, es equivalente a la variación porcentual del índice de precios al consumidor para ingresos medios, establecidos por el Departamento Administrativo Nacional de Estadística, DANE registrado en el mes inmediatamente anterior al mes objeto de ajuste