Angesammelter Gewinn

English translation: accrued profits

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
German term or phrase:Angesammelter Gewinn
English translation:accrued profits
Entered by: Poornima Iyengar

17:21 Feb 19, 2002
German to English translations [PRO]
Bus/Financial - Accounting / Accounting
German term or phrase: Angesammelter Gewinn
Accounting related

TIA
Poornima Iyengar
Local time: 14:51
accrued profits
Explanation:
Would that be it?
Selected response from:

Trudy Peters
United States
Local time: 05:21
Grading comment
Thanks
4 KudoZ points were awarded for this answer



Summary of answers provided
4 +4accrued profits
Trudy Peters
5 +2retained earnings
msebold
4accumulated profit or earnings
AmiHH


  

Answers


2 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +4
accrued profits


Explanation:
Would that be it?

Trudy Peters
United States
Local time: 05:21
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 15
Grading comment
Thanks

Peer comments on this answer (and responses from the answerer)
agree  Bob Kerns (X): or profit without the "s"
19 mins

agree  brute (X): Right on.
1 hr

agree  Alison Schwitzgebel: Yup!
1 hr

agree  Ulrike Lieder (X): yep, that's it... :-)
2 hrs

neutral  msebold: Perhaps in the UK - see below.
2 hrs
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33 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5
accumulated profit or earnings


Explanation:
Dietl Wörterbuch für Recht, Wirtschaft und Politik says accumulated profit or earnings. Accrued profit would, of course, also be fine.

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Note added at 2002-02-19 19:42:42 (GMT)
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Andersen Consulting Professional Dictionary of Accounting Tax Banking and EDP (published by Schäfer Poeschel)says accumulated is either \"angesammelt\" or \"aufgelaufen.\" Both accrued and accumulated profit work. I prefer

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Note added at 2002-02-19 19:50:58 (GMT)
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Andersen Consulting Professional Dictionary of Accounting Tax Banking and EDP (published by Schäfer Poeschel)says accumulated is either \"angesammelt\" or \"aufgelaufen.\" Both accrued and accumulated profit work. I prefer

AmiHH
Germany
Local time: 11:21
Native speaker of: English
PRO pts in category: 2

Peer comments on this answer (and responses from the answerer)
neutral  Alison Schwitzgebel: But why are you looking in a legal dictionary for financial terms (I know it says Wirtschaft on the cover, but that's not finance!)
1 hr
  -> True, but legal and financial translations often overlap. I just wanted to give the writer another acceptable option.
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2 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
retained earnings


Explanation:
This is the official term according to GAAP in Canada and the US.



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Note added at 2002-02-19 19:54:36 (GMT)
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GAAP - Generally Accepted Accounting Principles - the official accounting reference manual for professional accountants.

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Note added at 2002-02-19 23:02:32 (GMT)
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Indeed, the \"Statement of Retained Earnings\" is one of the key components of financial statements.


    Experience
msebold
Canada
Local time: 05:21

Peer comments on this answer (and responses from the answerer)
agree  Christa Zeller Thomas
23 mins
  -> Thank you.

agree  Tanner Pittman (X): This is simply a better term than accrued profits nomatter what they may say.
6 hrs
  -> Thanks Tanner - yup, I am sometimes more than a little astonished at which answers are actually selected in this forum.
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