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PAAG

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?

Thank you in advance!

Giovanni Rengifo KudoZ activity Questions: 405 (10 open) (44 closed without grading) Answers: 3552 Colombia
Local time: 10:20

English translation:Fiscal year adjustment percentage

Explanation:
estoy de acuerdo con la colega, pero no con el orden

Selected response from:

Cecilia Della Croce
Argentina
Local time: 12:20

Grading comment

Selected automatically based on peer agreement.
4 KudoZ points were awarded for this answer

Summary of answers provided

4 +2

Fiscal year adjustment percentage

Cecilia Della Croce

Percentage Adjustment for the Fiscal Year

Bilore

middle-income consumer price index

marybro

Answers

5 mins confidence:

Percentage Adjustment for the Fiscal Year

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.

Reference: http://72.14.207.104/search?q=cache:leaLue7-imsJ:www.interna...

Bilore
France
Local time: 16:20
Specializes in field
Native speaker of:

French

13 mins confidence:

peer agreement (net): +2

Fiscal year adjustment percentage

Explanation:
estoy de acuerdo con la colega, pero no con el orden

Cecilia Della Croce
Argentina
Local time: 12:20
Works in field
Native speaker of:

Spanish
PRO pts in category: 68

Grading comment

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

http://www.senamed.edu.co/Bibliotecas/BDsenadane/Paag/Paagpr...

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Note added at 20 hrs (2006-02-18 12:29:58 GMT)
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of changes in the Colombian PAAG index (middle-income Consumer Price Index with a one-month lag as established by the National Administrative Statistics
www.secinfo.com/d14D5a.2H7b.htm

marybro
Local time: 10:20
Works in field
Native speaker of:

English
PRO pts in category: 84

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PAAG

English translation: Fiscal year adjustment percentage

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PAAG

English translation: Fiscal year adjustment percentage

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KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

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