Glossary entry

German term or phrase:

Wertaufhellungstheorie

English translation:

accounting for post balance sheet events

Added to glossary by queenspeed (X)
Oct 25, 2006 21:45
17 yrs ago
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German term

Wertaufhellungstheorie

German to English Bus/Financial Accounting
Die Wertaufhellungstheorie besagt, dass für die Bilanzierung nicht der Informationsstand zum Bilanzstichtag, sondern vom Bilanzaufstellungstag maßgeblich ist. Werterhellende Umstände liegen vor, wenn zusätzliche Informationen über zum Bilanzstichtag bereits bestehende Verhältnisse bekannt werden.

Proposed translations

16 mins
Selected

accounting for post balance sheet events

Maybe this could be called "accounting for post balance sheet events" based on the URL below.

See also Wertaufhellung in KudoZ:
http://www.proz.com/kudoz/194448
Peer comment(s):

neutral RobinB : "post-balance sheet date events" are only part of the picture. Wertaufhellung/werterhellende Tatsachen/Umstände are "adjusting events" after the balance sheet date (as opposed to Wertbegründung/Wertbeinflussung = non-adjusting events).
9 hrs
Then could it be called "accounting for adjusting events after the balance sheet date?
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4 KudoZ points awarded for this answer. Comment: "Thanks Daina!"
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