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sachliche und zeitliche Periodenabgrenzung

English translation: accrual basis of accounting

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15:03 Mar 31, 2004
German to English translations [PRO]
Bus/Financial - Finance (general)
German term or phrase: sachliche und zeitliche Periodenabgrenzung
Die sachliche und zeitliche Periodenabgrenzung dominieren das Vorshtsprinzip in Rahmen des HGB und kommen durch Niederstwertprinzip zum Ausdruck
caitriona
Local time: 22:28
English translation:accrual basis of accounting
Explanation:
ought to cover it here. By its very nature it is both "sachlich und zeitlich".

HTH

Alison

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Note added at 7 mins (2004-03-31 15:11:54 GMT)
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Source: IASB

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Note added at 16 mins (2004-03-31 15:20:20 GMT)
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\"ACCRUAL BASIS OF ACCOUNTING is wherein revenue and expenses are recorded in the period in which they are earned or incurred regardless of whether cash is received or disbursed in that period. This is the accounting basis that generally is required to be used in order to conform to generally accepted accounting principles (GAAP) in preparing financial statements for external users.\"
http://www.ventureline.com/glossary.asp
Selected response from:

Alison Schwitzgebel
France
Local time: 23:28
Grading comment
Many thanks again Alison,
Best regards
Caitriona
4 KudoZ points were awarded for this answer

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Summary of answers provided
3 +1accrual basis of accounting
Alison Schwitzgebel


  

Answers


7 mins   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
accrual basis of accounting


Explanation:
ought to cover it here. By its very nature it is both "sachlich und zeitlich".

HTH

Alison

--------------------------------------------------
Note added at 7 mins (2004-03-31 15:11:54 GMT)
--------------------------------------------------

Source: IASB

--------------------------------------------------
Note added at 16 mins (2004-03-31 15:20:20 GMT)
--------------------------------------------------

\"ACCRUAL BASIS OF ACCOUNTING is wherein revenue and expenses are recorded in the period in which they are earned or incurred regardless of whether cash is received or disbursed in that period. This is the accounting basis that generally is required to be used in order to conform to generally accepted accounting principles (GAAP) in preparing financial statements for external users.\"
http://www.ventureline.com/glossary.asp

Alison Schwitzgebel
France
Local time: 23:28
Specializes in field
Native speaker of: Native in EnglishEnglish, Native in GermanGerman
PRO pts in category: 237
Grading comment
Many thanks again Alison,
Best regards
Caitriona

Peer comments on this answer (and responses from the answerer)
agree  RobinB: although these are actually "sub-components" of the accrual principle: matching principle (sachliche Periodenabgrenzung) and deferral principle (zeitliche Periodenabgrenzung). The usual impenetrable German accounting theory...
42 mins
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