Spanish to English translations [PRO]
Bus/Financial - Finance (general) | | Spanish term or phrase: La capitalización del RIF | The entire phrase reads: "La capitalización del RIF, como parte del costo total de adquisición de los activos calificables..."
I understood RIF to refer to the Tax ID Number, but it doesn't seem to fit this context. |
| | | Capitalization of the Integral Result of Financing (RIF) | Explanation:
You could try something like this. Good luck!
http://www.consorcioara.com.mx/noticiasinversionistas/Inform...
Under Mexican Financial Reporting Standards (Normas de Información
Financiera, or NIF) that took effect on January 1, 2007, NIF D-6 establishes
provisions for the capitalization of the Integral Result of Financing (RIF) on
financing directly attributable to the acquisition of qualifying assets such as
housing developments on which construction began no earlier than
January 1, 2007.
For the nine month period ending September 2007, the Company has
capitalized RIF on P$12.9 million in inventories, which will be recognized
under costs as those same inventories are consumed.
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Note added at 31 mins (2009-10-28 23:21:09 GMT)
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http://asbbs.org/files/2008/PDF/K/Kemerer.pdf
H) Capitalization of the Integral Result of Financing:
Under Mexican FRS, the capitalization of the integral result of financing (interest, foreign exchange and monetary position) generated by loan agreements obtained to finance investment projects is optional, and the Company has elected not to capitalize the integral result of financing.
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Note added at 7 days (2009-11-05 08:53:17 GMT) Post-grading
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Muchas gracias !! |
| Selected response from:
 MariaMast
Local time: 16:44
| Grading comment Muchísimas gracias, María.
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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35 mins confidence:  
29 mins confidence: peer agreement (net): +2 Capitalization of the Integral Result of Financing (RIF)
Explanation:
You could try something like this. Good luck!
http://www.consorcioara.com.mx/noticiasinversionistas/Inform...
Under Mexican Financial Reporting Standards (Normas de Información
Financiera, or NIF) that took effect on January 1, 2007, NIF D-6 establishes
provisions for the capitalization of the Integral Result of Financing (RIF) on
financing directly attributable to the acquisition of qualifying assets such as
housing developments on which construction began no earlier than
January 1, 2007.
For the nine month period ending September 2007, the Company has
capitalized RIF on P$12.9 million in inventories, which will be recognized
under costs as those same inventories are consumed.
--------------------------------------------------
Note added at 31 mins (2009-10-28 23:21:09 GMT)
--------------------------------------------------
http://asbbs.org/files/2008/PDF/K/Kemerer.pdf
H) Capitalization of the Integral Result of Financing:
Under Mexican FRS, the capitalization of the integral result of financing (interest, foreign exchange and monetary position) generated by loan agreements obtained to finance investment projects is optional, and the Company has elected not to capitalize the integral result of financing.
--------------------------------------------------
Note added at 7 days (2009-11-05 08:53:17 GMT) Post-grading
--------------------------------------------------
Muchas gracias !!
| MariaMast
Local time: 16:44
Works in field
Native speaker of:  Spanish
PRO pts in category: 44
|
| | Grading comment | Muchísimas gracias, María. |
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