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Sondereffekten

English translation: Extraordinary Items

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15:43 Jun 1, 2000
German to English translations [PRO]
Bus/Financial
German term or phrase: Sondereffekten
Die Ergebnisrechnung wurde von Sondereffekten beeinflußt.

This refers to financial reporting.
Michael Dollman
English translation:Extraordinary Items
Explanation:
Something like: "The operating results were influenced by extraordinary items" or "The income statement reflects the influence of extraordinary items."
For some companies, extraordinary items may occur that result in material gains or losses. According to APB Opinion No. 9,extraordinary items should be reported in a separate section on a company's income statement so that users can assess the company's operating performance separately from other aspects of its performance over which it has limited control.
Source: Nikolai & Bazley, Intermediate Accounting
Definition of extraordinary items from the GAAP Guide: Extraordinary items are transactions and other events that are (a) material in nature, (b) of a character significantly different from the typical or customary business activities,(c)not expected to recur frequently, and (d) not normally considered in evaluating the ordinary operating results of an enterprise (APB-30, par. 20) Extraordinary items are disclosed separately in the income statement, net of any related income tax effect (APB-30, par. 11).
HTH, Beth.
Selected response from:

Beth Kantus
United States
Local time: 12:10
Grading comment
Thnak you, this hits the nail on the head.
4 KudoZ points were awarded for this answer

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Summary of answers provided
naExtraordinary ItemsBeth Kantus
naexceptional factors
Roy Fox
naadditional or extraordinary securitiesDan McCrosky
naSpecial or extra securitiesWilliam Scheckel
naspecial investments in securities
Tom Funke


  

Answers


21 mins
special investments in securities


Explanation:
source: Zahn,Bank u. Börsenwesen

Tom Funke
Local time: 12:10
Native speaker of: English
PRO pts in pair: 2419
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25 mins
Special or extra securities


Explanation:
Both Arthur Andersen's Accounting Dictionary (Schäfer-Poeschel) and Romain's Dictionary of Legal and Commerical Terms suggest using either special securities or extra securities. Using "stocks and bonds" instead of securities is less desirable, but acceptable. HTH, Will

William Scheckel
Local time: 18:10
PRO pts in pair: 139
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8 hrs
additional or extraordinary securities


Explanation:
Securities is of course fine but I am not so sure about special. I have also looked through the all the dictionaries mentioned by Tom and Will, but I had trouble finding the words special and securities used together. Maybe I am going blind. Your author is talking about something influencing the financial results here in an unusual way, maybe just this one reporting period, which might be better characterized with the words additional or extraordinary. There is also the German word Spezialwerte that means specialties according to Zahn, which seems to me to be something else again.

Dan McCrosky
Local time: 18:10
Native speaker of: Native in EnglishEnglish
PRO pts in pair: 1541
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12 hrs
exceptional factors


Explanation:
You can also say "exceptionals" or "extraordinary factors". This is what is reflected in the extraordinary result in HGB financial statements. Forget the other answers to this question, they are simply wrong!

Roy Fox
Austria
Local time: 18:10
PRO pts in pair: 74
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16 hrs
Extraordinary Items


Explanation:
Something like: "The operating results were influenced by extraordinary items" or "The income statement reflects the influence of extraordinary items."
For some companies, extraordinary items may occur that result in material gains or losses. According to APB Opinion No. 9,extraordinary items should be reported in a separate section on a company's income statement so that users can assess the company's operating performance separately from other aspects of its performance over which it has limited control.
Source: Nikolai & Bazley, Intermediate Accounting
Definition of extraordinary items from the GAAP Guide: Extraordinary items are transactions and other events that are (a) material in nature, (b) of a character significantly different from the typical or customary business activities,(c)not expected to recur frequently, and (d) not normally considered in evaluating the ordinary operating results of an enterprise (APB-30, par. 20) Extraordinary items are disclosed separately in the income statement, net of any related income tax effect (APB-30, par. 11).
HTH, Beth.

Beth Kantus
United States
Local time: 12:10
Native speaker of: English
PRO pts in pair: 924
Grading comment
Thnak you, this hits the nail on the head.
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