Grundsätze der formellen Ordnungsmäßigkeit
English translation: the principles of sound accounting
| 17:52 Jun 27, 2003 |
| German to English translations [PRO] Bus/Financial - Accounting | |||||||
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|  Selected response from: William Stein Costa Rica Local time: 03:05 | ||||||
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| 4 +1 | the principles of sound accounting |
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| 3 +1 | principles of formal due diligence |
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Answers
2 mins confidence: 
peer agreement (net): +1
peer agreement (net): +1the principles of sound accounting Explanation: or "sound accounting principles" -------------------------------------------------- Note added at 2003-06-27 17:55:58 (GMT) -------------------------------------------------- Or \"(generally accepted) principles of sound accounting practice\": ]Betriebswirtschaftliches Rechnungswesen und Unternehmensleitung ... File Format: PDF/Adobe Acrobat - View as HTML ... forms of statements of financial position – main users of financial account- ing – legal basis – principles of sound accounting practice - relationship ... www.fhw-berlin.de/fhw/fhw2000/internationales/ ects/rewe_steuern.pdf - Similar pages Garza Co. Financial Management Review ... extent to which the governments’ online services and electronic infrastructure comply with state law, fundamental principles of sound accounting and internal ... www.window.state.tx.us/lga/fmr/garzaco/overview.html - 11k - Cached - Similar pages Praying With Power - Day 4 ... Truth\" includes the written word, principles of sound accounting, medicine, research, long term church planting, missionaries -- similar to the concept of ... www.ad2000.org/pwpday4.htm - 8k - Cached - Similar pages Resolved, that the Commercial Law League of America does hereby ... ... business. (f) Maintains accounting procedures and records in accordance with generally accepted principles of sound accounting practice. ... www.clla.org/cert_com.html - 42k - Cached - Similar pages Financial Reporting: Getting it Right the First Time ... Most companies with high standards followed the principles of sound accounting, but the act helps all companies be clear about what they should be doing to ... www.bfmag.com/bfwires/corporatefinancelink/ features/coverstory.html - 34k - Cached - Similar pages Certificate of Membership ... business. Maintains accounting procedures and records in accordance with generally accepted principles of sound accounting practice. ... www.cccacollect.com/certificate.htm - 17k |
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52 mins confidence: peer agreement (net): +1
peer agreement (net): +1principles of formal due diligence Explanation: This is a more literal translation In Woywode Ordnungsmäßigkeit is translated as 'due diligence audit'. Hamblock/Wessels translates it as 'reliability of the accounting records.' So what's the difference - due diligence and audit? They are both undertaken by accountants. They both involve a review of financial information. Does the name really matter? Yes. Yes. Yes. Imagine a close friend entrusts you with a blank, signed cheque to go and buy them a second hand Ferrari. Having found what looks like the perfect model, the owner provides you with a certificate of roadworthiness from a reputable garage - dated last week. This certificate is required by law to be updated on an annual basis for all cars more than three years old. The procedures to be performed by a garage in providing the certificate are set out therein. The purpose is to provide a degree of comfort that the car is roadworthy. Would this "certificate" be sufficient for your purposes? Would you rely on the current owner's representations that the car has been well maintained? Or would you insist upon performing your own "due diligence" procedures: a test drive, a look under the bonnet, a close inspection of the paintwork and doors to ensure everything is in order and "as expected"? Formal Due Dilligence The following occurs after the Managing Directors agree to proceed with the formal due diligence process. Saints will: • Arrange for a meeting with the company. Saints' investors and potential funders of portfolio purchases may be included in company meetings and will often assist with due diligence on the company. • Review the written material sent and conduct the associated due diligence. Information required to complete a formal due diligence includes: http://www.saintsvc.com/duedilligence.html Reference: http://www.financeasia.com/Articles/96516217-9557-11D5-81D00... Reference: http://www.saintsvc.com/duedilligence.html |
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