Abrechnungszeitraum
Accounting period - The time frame used for financial reporting, normally months, quarters or years.
finance
accounting
Glossaries
A
Abschreibung
Abschreibung - Process similar to depreciation, usually applied to intangible fixed assets.
finance
accounting
Abschreibung
abschreibung - The process used to allocate the cost of an intangible asset to the accounting periods benefited
cost accounting
accounting fundamentals
Accounting Principles Board (APB)
Accounting Principles Board (APB) - The private sector group charged with developing accounting standards from 1959 to 1973; primary authoritative pronouncement...
accounting
Accounting Standards Codification (ASC)
Accounting Standards Codification (ASC) - Research tool deemed to be the primary authoritative source and reference guide on accounting standards
accounting
Accounting Standards Update (ASU)
Accounting Standards Update (ASU) - The official notification issued by the Financial Accounting Standards Board of a new or modified accounting rule
financial reporting
American Institute of Certified Public Accountants (AICPA)
American Institute of Certified Public Accountants (AICPA) - (AICPA) an organization whose members are CPAs interested in advancing the accounting profession
accounting
Änderungen der Rechnungslegung
änderungen der rechnungslegung - Changes from one acceptable method of accounting to another acceptable method; like straight-line depreciation to a declining b...
accounting
Anpassungsprozess
anpassungsprozess - To analyze account balances and update them at the end of an accounting period to reflect the correct measure of revenues and expenses
accounting
API (Application Programming Interface)
API (Application Programming Interface) - a set of protocols that allows different software applications to communicate and exchange data seamlessly
technology
integration
+1
Berichtigte Probebilanz
berichtigte probebilanz - A trial balance prepared after adjusting entries have been prepared and posted to the ledger
accounting
Bilanzgleichung
bilanzgleichung - A financial relationship at the heart of the accounting model: Assets = Liabilities + Owners' Equity
financial reporting
accounting fundamentals
Buchführungszyklus
buchführungszyklus - The procedures needed to process transactions through an accounting system; including journalization, posting, adjusting, and preparing fi....
financial reporting
Degressive Abschreibungsmethoden
degressive abschreibungsmethoden - Several alternative depreciation approaches that result in relatively more depreciation in early years of use, and smaller...
accounting
Effektiver Jahreszins
Annual Percentage Rate (APR) - The rate of interest you agree to pay on money borrowed, and a useful way to compare how much interest you would pay on loans fro...
finance
accounting
Erreichbare Standards
erreichbare standards - A standard that takes into account normal spoilage and inefficiency; intended to allow workers to reach the established benchmarks
accounting
Fälligkeitsanalyse der Forderungen
fälligkeitsanalyse der forderungen - Analysis used to estimate the uncollectible accounts; involves stratification of receivables based upon age
accounting
Forderungen aus Lieferungen und Leistungen
Forderungen aus Lieferungen und Leistungen - Amounts due from customers, also described as a trade debtors.
finance
accounting
Fortgeführte Anschaffungskosten
fortgeführte anschaffungskosten - The approach mandated for held-to-maturity securities; investments are reported at their cost with any premium or discount amo...
cost accounting
Gesamtergebnisrechnung
gesamtergebnisrechnung - A concept of income by which virtually all nonequity-based transactions and events are captured and reported in the income statement...
financial reporting
accounting fundamentals
Geschäftsbericht
Annual report and accounts - Most organisations are required to produce an annual report on their activities and enclose the accounts of the company's performan...
finance
accounting
Hauptversammlung
Annual general meeting (AGM) - A meeting of the members (shareholders) of a company at which the board of directors lay the company's accounts and report for sh...
finance
accounting
Jahresabschluss
Annual accounts - Also known as financial, company or statutory accounts. Businesses must produce an annual set of accounts detailing business finances.
finance
accounting
Konten
Konten - Financial statements prepared at the end of a period to reflect the profit of loss or the period and financial position at the end of the period.
finance
accounting
Kostentreiber
kostentreiber - Event that causes consumption of an activity
accounting
Künstliche Intelligenz (KI)
Künstliche Intelligenz (KI) - computer systems that can perform tasks typically requiring human intelligence, such as analysis, decision-making, and natural lan...
AI
technology
+2
Noch zu verrechnende Erträge
noch zu verrechnende erträge - Revenues that have been earned and recorded, but are not as yet collected
accounting
Periodengerechte Buchführung
periodengerechte buchführung - The accounting process whereby revenues are measured and recorded as earned, while expenses are recorded as incurred
accounting
Periodisierungsgrundsatz
Periodisierungsgrundsatz - The effects of transactions and other events are recognised when they occur (and not as cash or its equivalent is received or paid) a...
finance
accounting
Prozesskostenrechnung
ABC/activity based costing - Alternative costing method for strategic management; divides production into activities, defines costs for activities, and alloc...
cost accounting
Prozesskostenrechnung
prozesskostenrechnung - (ABC) A costing system for situations where overhead is high and/or a variety of products are produced; costs are traced to activiti...
cost accounting
Prüfung
Prüfung - An official inspection of a company's accounts.
finance
accounting
Rechnungswesen
rechnungswesen - A set of concepts and techniques that are used to measure and report financial information about an economic unit
financial reporting
Rente
rente - Level streams of payments; with each payment being the same, and occurring at a regular interval
accounting
Renten
renten - Streams of level (i.e., the same amount each period) payments occurring on regular intervals
accounting
Rückgestellte Aufwendungen
rückgestellte aufwendungen - Unpaid expenses that have already been incurred
accounting
Rückstellung
rückstellung - Expenses and revenues that gradually accumulate throughout an accounting period
accounting
Satzung
Articles Of Association - Document setting out the relative rights of shareholders in a limited liability company.
finance
accounting
Verbindlichkeiten aus Lieferungen und Leistungen
Verbindlichkeiten aus Lieferungen und Leistungen - Amounts due for payment to suppliers of goods or services, also described as trade creditors.
finance
accounting
Vermögenswerte
vermögenswerte - The economic resources owned by an entity; entailing probable future benefits to the entity
accounting
Vollkostenrechnung
vollkostenrechnung - Also known as full costing -- a costing method where inventory absorbs direct costs and variable and fixed factory overhead
cost accounting
Vorschüssige Rente
vorschüssige rente - Also known as an annuity in advance; involves a level stream of payments, with the payments being made at the beginning of each time period...
accounting
Wertberichtigungsmethode
wertberichtigungsmethode - A method that estimates uncollectibles as a portion of total receivables and establishes an offsetting contra allowance...
accounting
Wirtschaftsprüfer
Wirtschaftsprüfer - Professional accountants who check the books of account, ask for explanations from the directors and examine the report and accounts, verify...
finance
accounting
Wirtschaftsprüfung
wirtschaftsprüfung - The examination of transactions and systems that underlie an organization's financial statements with the goal or reporting thereon
financial reporting
Zur Veräußerung verfügbare finanzielle Vermögenswerte
zur veräußerung verfügbare finanzielle vermögenswerte - Investments in debt that are neither "held-to-maturity" or "trading;" a default category that is account...
financial reporting
B
Aktivität auf Chargenebene
aktivität auf chargenebene - Activities that relate to each batch of production; independent of the number of units within that batch
cost accounting
Anleihe
Anleihe - A form of IOU issued by the company, or a government or other institution, offering to pay interest in return for borrowing your money, or to pay you ...
finance
accounting
Anleiheverbindlichkeiten
anleiheverbindlichkeiten - An obligation divided into transferable units requiring the issuer to make periodic interest payments and an eventual repayment of th...
accounting
Balanced Scorecard
balanced scorecard - A set of performance measures that are congruent with assessing improvement in financial, customer, and business process outcomes
financial reporting
Bankabstimmung
bankabstimmung - A control procedure to establish and verify the correct cash balance via identification of errors, irregularities, and adjustments
accounting
Barausgleich
barausgleich - Term used to describe additional monetary consideration that may accompany an exchange transaction
accounting
Basiszinssatz
Base rate - Set by the Bank of England, this is the country's base rate of interest and influences the rate of interest on financial products and services.
finance
accounting
Benchmarking
benchmarking - Measuring products or processes against industry standards, an essential part of total quality management
accounting
Big Data
big data - Electronically warehoused information, capable of being mined and analyzed, containing the “who, what, when, where, and why” of all business activity...
accounting
Bilanz
bilanz - A financial statement that presents a firm's assets, liabilities, and owners' equity at a particular point in time
financial reporting
accounting fundamentals
Bootstrapping
Bootstrapping - Building a company without external investment, often relying on personal savings and running with the lowest possible operating costs
finance
accounting
Bottom-up-Budgetierung
bottom-up-budgetierung - A budget approach driven by the direct participation of lower-level employees
financial planning
Buchwert
buchwert - Cost minus accumulated depreciation; the net amount at which an asset is reported on the balance sheet
financial reporting
cost accounting
+1
Buchwert je Aktie
buchwert je aktie - Common stockholders' equity divided by common shares outstanding, to indicate stockholders' equity per share
accounting fundamentals
Budget
budget - A planning tool that outlines the financial plans for an organization; there are various types of budgets -- operating, capital, and financial
financial reporting
financial planning
Budgetausschuss
budgetausschuss - A group of senior managers from each business unit charged with leading the budget preparation and review process
financial planning
Budgetpuffer
budgetpuffer - The influence of behavior to "pad" a budget via misstating expected revenues and/or expenses; to create more favorable budget vs. actual perfo...
financial planning
Business to Business (B2B)
Business to Business (B2B) - (B2B) A system that enables data interchange between companies; sometimes sufficiently robust to permit automatic inventory repleni...
accounting
Forderungsausfall
Bad debt - The amount owed by a customer who cannot, or will not, pay for goods or services they have had.
finance
accounting
Gewinnschwelle
gewinnschwelle - The level of activity where revenues equal total expenses, producing a zero net income; also the point where the contribution margin is sa...
financial reporting
cost accounting
Kontoauszug
kontoauszug - The document received from a bank which summarizes deposits and other credits, and checks and other debits to a bank account
accounting
Leitzins
Bank rate - In the UK it is set by the Bank of England, to control the money supply and inflation. Banks usually lend at anything from 2 per cent above leitzins...
finance
accounting
Unverwässertes Ergebnis je Aktie
basic EPS - The simplest earnings per share number; earnings available to common shares divided by weighted average shares, without factoring in potential di...
accounting
Vorstand
Board of directors - A group of people to whom the shareholders have delegated the task of running the day-to-day affairs of the company. They normally define t...
finance
accounting
Wertverbesserung
wertverbesserung - Expenditures that improve or increase the service potential of an asset even beyond its original new condition; such costs may be capitalized...
cost accounting
accounting fundamentals
C
Abschlussprozess
abschlussprozess - The process by which temporary accounts are "zeroed" out and the effects transferred to retained earnings
accounting
Aktiengesetz
Aktiengesetz - Legislation to control the activities and administration of limited liability companies.
finance
accounting
Aktivität auf Kundenebene
aktivität auf kundenebene - Activities that relate to each customer; independent of the volume of goods and services provided to the specific customer
accounting
Aktueller Betriebsansatz
aktueller betriebsansatz - A concept of income where income is limited to transactions related to central ongoing operations; not an acceptable approach fo...
financial reporting
Änderung von Schätzungen
änderung von schätzungen - A revision of assumptions used in a related accounting calculation (e.g., change in estimated useful life of an asset); handl...
accounting fundamentals
Belastung von Vermögenswerten
Charge over assets - Used when all or some of the assets of an organisation have been used as collateral to secure a transaction of some kind (usually the borro...
finance
accounting
Bezahlte Abwesenheiten
bezahlte abwesenheiten - Term to describe paid time off; vacations, sick leave, etc.
accounting
Cashflow
Cash flow - the movement of money into and out of a business. Understanding and managing cashflow is critical for business survival and growth
finance
accounting
+2
Cashflow-Prognosen
Cashflow-Prognosen - Statements of cash expected to flow into and out of a business over a particular period.
finance
accounting
Certified Financial Manager (CFM)
Certified Financial Manager (CFM) - (CFM) a professional designation of competency in the field of financial management that is issued by the Institute of Manag...
financial reporting
Certified Management Accountant (CMA)
Certified Management Accountant (CMA) - (CMA) a professional designation of competency in the field of management accounting that is issued by the Institute of ...
accounting
Certified Public Accountant (CPA)
certified public accountant (cpa) - An individual who is licensed by a state to practice public accounting
accounting
Chartered Global Management Accountant (CGMA)
Chartered Global Management Accountant (CGMA) - (CGMA) sponsors a designation that distinguishes professionals who have advanced proficiency in finance, operati...
accounting
Controller
controller - The primary person responsible for the cost and managerial accounting functions
cost accounting
CPA
CPA - An individual who is licensed by a state to practice public accounting
accounting
Deckungsbeitrag
deckungsbeitrag - Revenues minus all variable expenses, whether related to production or selling and administration (not to be confused with gross profit)
cost accounting
Deckungsbeitragsrechnung
deckungsbeitragsrechnung - An internal report that identifies each segment's controllable elements; the contribution margin, controllable fixed costs, u...
cost accounting
Eingefordert (Stammkapital)
Eingefordert (Stammkapital) - The company has called upon the shareholders who first bought the shares, to pay for their shares.
finance
accounting
Eingesetztes Kapital
Capital employed - Sometimes called total assets less current liabilities or total shareholders' funds plus long-term finance (the two calculations provide the ...
finance
accounting
Eventualverbindlichkeiten
eventualverbindlichkeiten - Events that may or may not give rise to an actual liability because the outcome is uncertain; examples include lawsuits, environment...
accounting fundamentals
Fixe Verpflichtungskosten
fixe verpflichtungskosten - Costs that arise from an organization's commitment to engage in operations; unavoidable elements like depreciation, rent, insurance,...
cost accounting
taxation
Gegenkonto zum Aktivkonto
gegenkonto zum aktivkonto - An account that is subtracted from a related account -- contra accounts have opposite debit/credit rules
accounting
Gemeinsame Fixkosten
gemeinsame fixkosten - Fixed costs that are incurred to support more than one business unit
cost accounting
Gesamtergebnis
gesamtergebnis - Net income plus items of other gesamtergebnis (e.g., market value adjustments of available for sale securities)
financial reporting
Gläubiger
Gläubiger - A person or firm that has lent your business money or to whom you owe money.
finance
accounting
Gläubiger
Gläubiger - Suppliers to whom we owe money.
finance
accounting
Gutschrift
Gutschrift - A document summarising the reduction in charge on an invoice (bill), usually because the customer has returned defective goods or has received inad...
finance
accounting
Gutschriftsanzeige
gutschriftsanzeige - A seller-prepared document evidencing an approved return of merchandise for credit against an account
accounting
Haben
haben - The nature of an action to an account to indicate an increase (liabilities, equity, and revenue) or decrease (assets, expenses, and dividends); usua...
accounting fundamentals
Herstellungskosten der zur Veräußerung bestimmten Erzeugnisse
herstellungskosten der zur veräußerung bestimmten erzeugnisse - The amount of cost attributable to goods reaching the end of production; beginning work in proce...
cost accounting
Investitionsausgabe
Investitionsausgabe - Spending on non-current (fixed) assets of a business.
finance
accounting
Investitionsausgaben
investitionsausgaben - Ordinary and necessary costs incurred to place an item of property, plant, or equipment in its condition for intended use; such amount...
cost accounting
accounting fundamentals
Investitionsausgaben (CAPEX)
Capital expenditure (CAPEX) - Funds used by the company to buy, maintain or improve its fixed assets such as buildings, vehicles, equipment, or land.
finance
accounting
Investitionsentscheidung
investitionsentscheidung - Also known as capital budgeting; planning and decision making related to longer term projects and expenditures
financial planning
Kapazitätsauslastung
kapazitätsauslastung - The degree to which an organization's output capabilities are being deployed or utilized
accounting
Kapital
Kapital - Anything invested into a company that has a tangible value or benefit to its own, such as a machinery, patents, or financial assets like cash.
finance
accounting
Kapitalgesellschaft
kapitalgesellschaft - A form of business organization where ownership is represented by divisible units called shares of stock
accounting
Kassenmäßige Rechnungslegung
kassenmäßige rechnungslegung - An accounting approach where revenue is recorded when cash is received (no matter when "earned"), and expenses are recognized whe...
accounting
Kommission
kommission - To place inventory in the custody of another party without requiring them to purchase it, as a sales agent
accounting
Komplexe Kapitalstruktur
komplexe kapitalstruktur - Companies with options, warrants, or convertible bonds and stocks that may result in the issuance of additional shares
accounting
Konsolidierung
konsolidierung - To prepare financial reports for a parent and subsidiary company as a single economic unit
financial reporting
Kontenplan
kontenplan - A listing of the accounts of an entity, along with any identification coding
accounting
Körperschaftsteuer
Corporation tax - Paid by UK companies on their profits.
finance
accounting
Kosten-Volumen-Gewinn-Analyse
kosten-volumen-gewinn-analyse - (CVP) Analysis focusing on the interplay of pricing, volume, variable and fixed costs, and product mix
cost accounting
Kostendruckinflation
Cost-push inflation - Cost-push inflation occurs when production input costs, such as wages and raw materials, rise and producers pass the increased costs on to...
finance
accounting
Kostenflussannahme
kostenflussannahme - An assumption about how costs are assigned to inventory in the accounting records
cost accounting
Kostenrechnung
kostenrechnung - The process by which an organization's cost is collected, assigned, and interpreted
cost accounting
Kostenstelle
kostenstelle - An area of responsibility under the control of a manager who is responsible for costs incurred within the unit; the unit generally has little r.....
cost accounting
Kostenträger
kostenträger - The output for which costing information is to be determined under ABC; can be product or service related, or customer, market, etc.
cost accounting
Kostentreiber
kostentreiber - The factor that is viewed as causing costs to be incurred within an organization
cost accounting
Kumulative Vorzugsaktie
kumulative vorzugsaktie - Preferred stock that is entitled to a periodic dividend, and those dividends must be paid (eventually) before any monies can be distri...
accounting
Kündbare Anleihe
kündbare anleihe - A bond that provides the issuer an option to reacquire the bonds before scheduled maturity at a preset price
accounting
Kündbare Vorzugsaktie
kündbare vorzugsaktie - Preferred stock that can be repurchased by issuer for a preset price
accounting
Kuponanleihe
kuponanleihe - A bond that has detachable coupons that are exchanged for interest payments; historically popular but falling into disuse
accounting
Kurzfristige Verbindlichkeit
Kurzfristige Verbindlichkeit - A liability which is expected to be settled in the entity's normal operating cycle, generally within 12 months after the balance ...
finance
accounting
Kurzfristige Verbindlichkeiten
kurzfristige verbindlichkeiten - Obligations that will be liquidated within one year or the operating cycle, whichever is longer
accounting
Liquidität 3. Grades
liquidität 3. grades - A measure of liquidity, calculated by dividing current assets by current liabilities
accounting fundamentals
Liquiditätsplan
liquiditätsplan - An essential budget component detailing planned cash receipts, disbursements, and financing actions
financial planning
Mindestkontoguthaben
mindestkontoguthaben - An amount that must be left on deposit and cannot be withdrawn
accounting
Produktionskosten
Cost of production - Similar to cost of goods sold and used mostly in academic accounts.
finance
accounting
Produktionskostenbericht
produktionskostenbericht - A report used in a process costing environment to tabulate the costs incurred within a particular stage/department
cost accounting
Rollierender Budget
rollierender budget - A budget that is constantly updated; as one month/quarter is completed another is added to the set the projections
financial planning
Sammelkonto
sammelkonto - The total of all subcomponent account records for an account; e.g., the sum of all individual accounts receivable
accounting
Sicherheit
Sicherheit - Security, usually for a loan. It is effected by enabling the giver of the loan the right to seize the asset that is being used as sicherheit and se...
finance
accounting
Skonto
skonto - A reduction in invoice price offered to customers to encourage prompt payment of invoices
accounting
Stammaktien
stammaktien - The residual equity interest in a corporation; last in liquidation but usually receiving the full benefits of any corporate growth
accounting fundamentals
Stammkapital
stammkapital - A non-specific reference to the ownership interests of shareholders in a corporation
accounting
Stetigkeit
stetigkeit - An enhancing quality of accounting such that deviations in outcomes from period to period should be the result of deviations in underlying perf...
accounting
Umlaufvermögen
Umlaufvermögen - An asset that is expected to be converted into cash within the trading cycle. Contrasting a Fixed asset that is held to use within the business...
finance
accounting
Umlaufvermögen
umlaufvermögen - Assets that will be converted into cash or consumed within one year or the operating cycle, whichever is longer
accounting fundamentals
Umsatzkosten
Cost Of Sales - See 'cost of goods sold'.
finance
accounting
Umsatzkosten
umsatzkosten - The total cost attributed to units of inventory actually sold during a period
cost accounting
Umwandlungskosten
umwandlungskosten - Cost components needed to change raw materials to finished goods, specifically direct labor and manufacturing overhead
cost accounting
Vergleichbarkeit
vergleichbarkeit - An enhancing quality of accounting such that even though different companies may use different accounting methods, there is still sufficient ...
accounting
Verkauf auf Kredit
Verkauf auf Kredit - A business entity sells goods or services and allows the customer to make payment at a later date.
finance
accounting
Verpflichtungen
verpflichtungen - Promises to engage in some future action; not necessarily creating a recordable accounting liability but potentially necessitating enhanced di...
accounting fundamentals
Vorsichtsprinzip
vorsichtsprinzip - A general principle of accounting measurement; when in doubt, understate assets and income and overstate liabilities
financial reporting
accounting fundamentals
Wandelanleihe
wandelanleihe - A bond that may be converted by the holder into stock of the issuing company
accounting
Wandelbare Vorzugsaktie
wandelbare vorzugsaktie - Preferred stock that can be exchanged for common stock at some preagreed ratio
accounting
Wirtschaftlicher Gehalt
wirtschaftlicher gehalt - The quality of an exchange transaction such that it changes the future cash flow potential of the entity
accounting
Zahlungsmittel
zahlungsmittel - Items acceptable to a bank for deposit and free from restrictions for satisfying current debts; includes coins, currency, bank deposits, etc.
accounting
Zahlungsmitteläquivalente
zahlungsmitteläquivalente - Short-term interest-earning financial instruments that are deemed to be highly secure and will convert back into cash within 90 days...
financial reporting
Zahlungsziel
Credit (Terms Of Business) - The supplier agrees to allow the customer to make payment some time after the delivery of the goods or services. Typical trader cre...
finance
accounting
Zentrale Entscheidungsfindung
zentrale entscheidungsfindung - A business style where top leaders make and direct most important decisions
accounting
Zinseszins
zinseszins - Interest calculations that provide for periodic inclusion of accumulated interest into the base on which interest is calculated; "interes..."
accounting
D
Abschreibung
abschreibung - The process used to allocate the cost of a long-lived property to the accounting periods benefited
cost accounting
Abschreibungsbasis
abschreibungsbasis - Cost minus salvage value; the amount of cost that will be allocated to the service life
cost accounting
Aufgegebene Geschäftsbereiche
aufgegebene geschäftsbereiche - The special income statement reporting of the impact of disposing or abandoning of a component of a business
financial reporting
Ausschüttungsquote
ausschüttungsquote - Dividend per share divided by earnings per share
accounting
Beitragsorientierter Plan
beitragsorientierter plan - A type of pension plan where the benefits are based on amounts in trust for the benefit of the employee; employer contributions a...
accounting
Dashboard
dashboard - Customized business software that delivers key real time business data in an easily monitored layout
accounting
Datenbank
datenbank - An information storehouse, usually electronic, that can be queried to extract data meeting certain parameters. Enables singular data entry and mul.....
accounting
Debitkarte
debitkarte - Transactions are equivalent to an electronically generated check that results in an almost immediate withdrawal of funds.
accounting
Degressive Abschreibungsmethode
degressive abschreibungsmethode - An accelerated depreciation method by which a constant rate (that is a multiple of the straight-line rate) is multipl...
accounting
Derivate
derivate - Investments accounted for a fair value that generally derive their value from some other item; examples include commodity futures, options, and...
accounting
Dezentrale Entscheidungsfindung
dezentrale entscheidungsfindung - A business style where top leaders concentrates on strategy, and leaves day-to-day operation and decision-making tasks to low....
accounting
Direkte Abschreibungsmethode
direkte abschreibungsmethode - A simple, non-GAAP, method that expenses uncollectible accounts only as they are determined to be uncollectible and are written o...
accounting
Direkte Methode
direkte methode - The preferred method for preparing the statement of cash flows; operating cash flows are presented according to their direct source (e.g., ...
financial reporting
Direkte Methode/Zuteilung von Servicekosten
direkte methode/zuteilung von servicekosten - An allocation process whereby service department costs are assigned directly to productive departments (compare to...
cost accounting
Direktor
Direktor - A member of the board of direktors who bears the responsibility of managing the company on behalf of the shareholders.
finance
accounting
Direktor(en)
Director(S) - Person(s) appointed by shareholders of a limited liability company to manage the affairs of the company.
finance
accounting
Disagio auf Anleihen
disagio auf anleihen - The difference between face value and issue price of a bond, where the issue price is less; causes the effective yield to be higher than ...
accounting
Dividende
Dividende - Money paid by a company from its profits to its shareholders.
finance
accounting
Dividenden
dividenden - Amounts paid from profits of a corporation to shareholders as a return on their investment in the stock of the entity
accounting
Dividendensatz
dividendensatz - Dividend per share divided by stock price; also called dividend yield
accounting
Doppelt-degressive Abschreibung
doppelt-degressive abschreibung - An accelerated depreciation method by which a constant rate (that is 200% of the straight-line rate) is multiplied by...
accounting
Einzelkosten
einzelkosten - A cost easily traced to a specific job; generally direct material and direct labor
cost accounting
Entnahmen
Entnahmen - Cash taken for personal use, in sole trader or partnership businesses, treated as a reduction of ownership interest.
finance
accounting
Entscheidungsabhängige Fixkosten
entscheidungsabhängige fixkosten - Fixed cost resulting from yearly spending decisions; proper planning can result in avoidance of these costs as necessary (e.g...
cost accounting
financial planning
Fertigungslohn
fertigungslohn - Gross wages paid to those who physically and directly work on the goods being produced
accounting
Fertigungslohn-Mengenabweichung
fertigungslohn-mengenabweichung - A variance comparing standard hours of direct labor to the actual hours worked; measured at the standard rate per hour [(s...
accounting
Fertigungslohn-Preisabweichung
fertigungslohn-preisabweichung - A variance that reveals the difference between the standard rate and actual rate for the actual labor hours worked [(standard r...
accounting
Fertigungslohnbudget
fertigungslohnbudget - A budget that details expected direct labor needs, along with the related costs of labor
cost accounting
financial planning
Fertigungsmaterial
fertigungsmaterial - The costs of all materials that are an integral part of a finished product and that have a physical presence that is readily traced to that...
cost accounting
Lastschriftsanzeige
lastschriftsanzeige - A purchaser-prepared document evidencing a return of merchandise to a seller
accounting
Latente Steuern
Latente Steuern - Income & expenditure may be recognised at different time for accounting and tax purposes. Deferred tax is a way to balance this timing differe...
finance
accounting
Leistungsorientierter Plan
leistungsorientierter plan - A type of pension plan where the benefits are a function of years of service, pay, and age; the ultimate employer cost is not known...
cost accounting
Materialbeschaffungsbudget
materialbeschaffungsbudget - A budget that details expected direct material purchases, along with the related cash payments
financial planning
Nachfragesog-Inflation
Demand-pull inflation - Occurs when demand is high, and suppliers increase prices until demand reduces.
finance
accounting
Nichteinlösung eines Wechsels
nichteinlösung eines wechsels - To fail to pay a note at maturity
accounting
Passive Rechnungsabgrenzung
Passive Rechnungsabgrenzung - Income invoiced, or paid for, in advance of providing the service resulting in the income being deferred to a later accounting per...
finance
accounting
Rückständige Dividenden
rückständige dividenden - An omitted dividend on cumulative preferred stock that must eventually be paid before any monies can be distributed to common stockhol...
accounting
Schuldner
Schuldner - A person or firm that owes money to your business.
finance
accounting
Schuldner
Schuldner - The amount outstanding on customers' accounts.
finance
accounting
Schuldverschreibung
schuldverschreibung - A bond that lacks specific collateral; payment is only assured by the general faith and creditworthiness of the issuer
accounting
Soll
Soll - Entries in the debit column of a ledger account representing increases in assets or expenses, or decreases in liabilities or income.
finance
accounting
Soll
soll - The nature of an action to an account to indicate an increase (assets, expenses, and dividends) or decrease (liabilities, equity, and revenue); usual...
accounting fundamentals
Substanzverringerung
substanzverringerung - The process used to allocate the cost of a natural resource asset to the accounting periods benefited
cost accounting
accounting fundamentals
Unterwegsbefindliche Einzahlungen
unterwegsbefindliche einzahlungen - Receipts entered on company records but not yet posted by the bank
accounting
Verwässernde Wertpapiere
verwässernde wertpapiere - Options, warrants, convertible bonds, convertible stocks, and other items that have the potential to increase the number of shares ou...
accounting
Verwässertes Ergebnis je Aktie
diluted EPS - An earnings per share number; adjusted to reflect the potential effect of dilutive securities
accounting
E
Äquivalente Einheiten
äquivalente einheiten - A measure of physical units expressed in terms of finished units
accounting
Arbeitnehmer
arbeitnehmer - A person who works for a specific business and whose activities are directed by that business
accounting
Aufwand
Aufwand - Generally the running costs of a business.
finance
accounting
Aufwendungen
aufwendungen - The costs incurred in producing revenues
cost accounting
Belastung
belastung - A budgetary restriction occurring in advance of a related expenditure
financial planning
EBIT
EBIT - An analyst's calculation to reflect "earnings before interest and taxes"
taxation
EBITDA
EBITDA - An analyst's calculation to reflect "earnings before interest, taxes, depreciation, and amortization"
taxation
Effektivzinsmethode
effektivzinsmethode - A theoretically preferable method for amortizing premiums and discounts on bonds; interest expense is a constant percentage...
accounting
Eigenkapital
Eigenkapital - Used by analysts to determine the financial health of a company. It also represents what would be left if all of a businesses' assets were liquid...
finance
accounting
Einheit, Einheiten
Einheit, Einheiten - Something that exists independently, such as a business which exists independently of the owner.
finance
accounting
Enterprise Resource Planning-Systeme
Enterprise Resource Planning-Systeme - (ERP) Comprehensive database software that tracks an almost endless array of business and accounting data
accounting
Equity-Methode
equity-methode - Method to account for stock investment when significant influence is present; changes in equity of the investee are recognized by the investo.....
accounting fundamentals
Ergebnis je Aktie
Earnings per share (EPS) - A measure of how much profit a company is making for its shareholders.
finance
accounting
Ergebnis je Aktie
Earnings per share - EPS; generally understood as the amount of income for each share of stock, but is actually better refined as basic and diluted EPS (see ...
financial reporting
ERP-System
Enterprise Resource Planning (ERP) system - a comprehensive software platform that integrates and manages core business processes across an entire organization
ERP
software
+2
Ertrag
Ertrag - A phrase that is often interchangeable with profits.
finance
accounting
Erträge
erträge - A concept that relates to income from continuing operations plus/minus discontinued operations
financial reporting
Ex-Dividende
ex-dividende - The event (date) when a transfer of stock ownership between shareholders will occur without the right for the purchaser to receive any previous.....
accounting
Grundsatz der wirtschaftlichen Einheit
grundsatz der wirtschaftlichen einheit - Accounting information should be presented for circumscribed distinct economic units
accounting
Skaleneffekte
skaleneffekte - Efficiencies associated with increases in volume
accounting
Tauschgeschäft
tauschgeschäft - Trading one asset for another; to be booked at fair value if the transaction has commercial substance
accounting fundamentals
Unternehmenserhaltende Aktivität
unternehmenserhaltende aktivität - Activities that relate to an entity's ability to operate; independent of business volume
accounting
F
Anlagevermögen
Anlagevermögen - An asset that is held by an enterprise for use in the production or supply of goods or services, for rental to others, or for administrative pu...
finance
accounting
Anlagevermögen
Fixed assets - Assets that you intend to keep for longer than twelve months.
finance
accounting
Beschäftigungsabweichung
beschäftigungsabweichung - A fixed overhead variance that compares the budgeted fixed overhead to the fixed overhead that is applied to production base...
cost accounting
financial planning
Bilanzierung zum beizulegenden Zeitwert
bilanzierung zum beizulegenden zeitwert - Sometimes called "mark-to-market;" to record an investment at its fair value and recognize changes in value as they oc...
accounting
Fertigerzeugnisse
fertigerzeugnisse - Finished goods represent the cost of completed products awaiting sale to a customer
cost accounting
Fertigungsgemeinkostenbudget
fertigungsgemeinkostenbudget - A budget that details the anticipated factory overhead, including calculations related to the allocation of such amounts
cost accounting
financial planning
FICA
FICA - Federal Insurance Contributions Act (also known as social security and Medicare); establishes a tax that employers must withhold and match for governm...
taxation
FIFO-Verfahren
fifo-verfahren - FIFO; An inventory cost flow assumption based on the notion that the earliest costs are to be assigned to units sold
cost accounting
Financial Accounting Standards Board (FASB)
Financial Accounting Standards Board (FASB) - An organization charged with producing standards for financial reporting in the USA
financial reporting
Finanzbuchhaltung
finanzbuchhaltung - An area of accounting that deals with external reporting to parties outside the firm; usually based on standardized rules and procedures
accounting
Finanzierungsleasing
finanzierungsleasing - A lease that effectively transfers the risks and rewards of ownership to the lessee
accounting
Finanzierungstätigkeit
finanzierungstätigkeit - A cash flow category; including receipts from stock issues, bonds, notes and loans, -- and payments for loan repayment, acquisitions o....
accounting
Finanzmanagement
Financial management - Planning, analysing, monitoring, organising, reviewing, and controlling a company's finances.
finance
accounting
Fixkosten
Fixed costs - Costs that vary over time rather than in proportion to throughput, e.g. Rent of premises, salaries etc.
finance
accounting
Fixkosten
fixkosten - A total cost that is the same regardless of volume; total cost is constant and per unit cost decreases with volume increases
cost accounting
Fixkostenbudgetabweichung
fixkostenbudgetabweichung - A fixed overhead variance that compares actual fixed overhead to the budgeted fixed overhead
cost accounting
financial planning
Flexibles Budget
flexibles budget - A budget that covers a range of potential outcomes by relating expense levels to the potential revenues
financial planning
Form 1099
Form 1099 - A form required to be issued to an independent contractor reporting amounts paid; to assist with tax compliance issues (this form used to report ...
taxation
auditing
Frei Bestimmungsort
F.O.B. destination - Free on Board destination; meaning the transfer of ownership of inventory will occur when the goods reach their destination and the sell...
accounting
Frei Versandstelle
F.O.B. shipping point - Free on Board shipping point; meaning the transfer of ownership of inventory will occur when the goods are shipped and the purchaser ...
accounting
FUTA
FUTA - Federal Unemployment Tax levied on employer to provide funds for unemployed workers; rate is dependent on existence of SUTA and employer history of la...
taxation
Geschäftsjahr
geschäftsjahr - A one-year accounting period that does not correspond to a calendar year
accounting
Glaubwürdige Darstellung
glaubwürdige darstellung - A fundamental quality of accounting such that information must be truthful; complete, neutral, and free from error
accounting
Jahresabschluss
jahresabschluss - Core financial reports that are prepared to represent the financial position and results of operations of a company
financial reporting
Prognose
Prognose - Prognose estimate of future performance and position based on stated assumptions and usually including a quantified amount.
finance
accounting
Vollständigkeitsgrundsatz
vollständigkeitsgrundsatz - All relevant facts that would influence investors' and creditors' judgments about the company are disclosed in the financial stat......
financial reporting
Zukünftiger Wert
zukünftiger wert - Or "compound interest;" amount that a current payment (or stream of payments) will grow in time; includes interest on previous interest based...
accounting
G
Brutto
Brutto - The total amount of money a company has earned in a period of time before deductions such as taxes.
finance
accounting
Bruttogewinn
bruttogewinn - A calculated amount corresponding to net sales minus cost of goods sold
cost accounting
Bruttogewinn (oder Marge)
Bruttogewinn (oder Marge) - Sales minus cost of sales before deducting administration and selling expenses (see also gross margin).
finance
accounting
Bruttolohn
bruttolohn - Also known as gross earnings; this it is the total amount earned by an employee before any deductions
taxation
Bruttomethode
bruttomethode - A method of recording purchases of inventory at invoice price
accounting
GAAP
GAAP - Generally accepted accounting principles -- encompass the rules, practices, and procedures that define the proper execution of accounting
accounting
Geschäfts- oder Firmenwert
geschäfts- oder firmenwert - The excess of the purchase price of an acquired company over the fair value of the identifiable net assets acquired
accounting fundamentals
Grundsatz der Unternehmensfortführung
Grundsatz der Unternehmensfortführung - Financial statements are prepared on this basis assuming that the business will continue operating into the foreseeable ...
finance
accounting
Grundsatz der Unternehmensfortführung
grundsatz der unternehmensfortführung - In the absence of evidence to the contrary, accountants assume that a business will continue to operate well into the fu...
accounting
Hauptbuch
hauptbuch - A record of the accounts comprising financial statements, and their respective balances
financial reporting
Rohertragsmethode
rohertragsmethode - A technique that purports to estimate inventory and cost of goods sold by applying historic percentage relationships to observable sale...
cost accounting
Verfügbare Waren
verfügbare waren - A calculated amount corresponding to the beginning inventory plus net purchases; represents the total pool of inventory available ...
accounting
Verschuldungsgrad
Verschuldungsgrad - The proportion of borrowings to total financing (i.e. shareholders' funds plus total borrowing).
finance
accounting
Waren unterwegs
waren unterwegs - Goods in the process of being transported to the buyer; ownership is based on freight terms
accounting
H
Anschaffungskostenprinzip
anschaffungskostenprinzip - The concept that many transactions and events are to be measured and reported at acquisition cost
cost accounting
Bis zur Endfälligkeit gehaltene Finanzinvestitionen
bis zur endfälligkeit gehaltene finanzinvestitionen - Investments purchased with intent to hold to maturity; usually investment in debt; accounted for by amorti...
cost accounting
Hoch-Tief-Methode
hoch-tief-methode - A simple means for separating costs into fixed and variable components, based upon the difference between costs at the highest and lowest o....
cost accounting
I
Aktivierbare Anschaffungs- und Herstellungskosten
aktivierbare anschaffungs- und herstellungskosten - Product costs that attach to inventory
cost accounting
Ausgabepreis
ausgabepreis - The amount a company receives in exchange for the initial issue of debt or other financial instrument
financial reporting
Beteiligungsunternehmen
beteiligungsunternehmen - The company in which another has an investment
accounting
Börsengang
börsengang - The first time stock in a corporation is offered to the investing public; registration and other requirements must be met; proceeds...
accounting
Ertragsteuern
ertragsteuern - Taxes that are based on the amount income; for employees such amounts must be withheld by employers and remitted to the government
financial reporting
taxation
Forderungsabtretung
Invoice factoring - When a business sells its invoices to a third party, which will then add their own fee to the charges and seek the money from the debtor.
finance
accounting
Freiberufler
freiberufler - One who performs a designated task or service for a company, and the company has the right to control or direct only the result of t...
accounting
Gemeinkosten
gemeinkosten - A cost not easily traced to a specific job; generally categorized as factory or manufacturing overhead
cost accounting
Gewinn- und Verlustrechnung
gewinn- und verlustrechnung - A financial statement that summarizes the revenues, expenses, and results of operations for a specified period of time
financial reporting
Gewinnvortragskonto
gewinnvortragskonto - A non-financial statement account used only to facilitate the closing process by summarizing and zeroing-out the revenue and expense accou...
financial reporting
Idealstandards
idealstandards - A standard that could only be achieved under perfect operating conditions; such standards are rarely expected to be achieved
accounting
Immaterieller Vermögenswert
immaterieller vermögenswert - Long-term asset that lacks physical existence; contract rights, copyrights, patents, trademarks, etc.
accounting fundamentals
Immaterielles Anlagevermögen
Immaterielles Anlagevermögen - An asset, such as a right, that cannot be touched (e.g. a trademark or Goodwill).
finance
accounting
Indirekte Methode
indirekte methode - An alternative method for preparing the statement of cash flows; operating cash flows are presented as a reconciliation of income to cash...
financial reporting
Inflation
Inflation - A percentage figure that represents how much prices of goods and services increased over a specific period.
finance
accounting
Inkrementelle Budgetierung
inkrementelle budgetierung - A budgeting approach where the prior year experience sets a base line for a new budget; changes are made based on new information b...
financial planning
Institute of Management Accountants (IMA)
Institute of Management Accountants (IMA) - (IMA) a professional association for management accountants that sponsors the CMA and CFM designations
accounting
Integration
Integration - connecting different software systems to work together and share data seamlessly
technology
software
+2
International Accounting Standards Board
International Accounting Standards Board - An organization charged with producing accounting standards with global acceptance
accounting
International Financial Reporting Standards (IFRS)
International Financial Reporting Standards (IFRS) - The specific accounting rules developed by the International Accounting Standards Board
accounting
Interner Revisor
interner revisor - A person within an organization who reviews and monitors the controls, procedures, and information of the organization
accounting
Interner Zinsfuß
interner zinsfuß - Also known as time-adjusted rate of return or IRR; discount rate causing present value of cash inflows to equal present value of th...
accounting
Investitionscenter
investitionscenter - A evaluative unit where managers are accountable for cost and profit outcomes, including consideration of the amount of capital that is d.....
cost accounting
Investitionstätigkeit
investitionstätigkeit - A cash flow category; including receipts from disposal of investments and long-term assets -- and payments to acquire long-term assets.....
accounting fundamentals
Periodengerechte Steuerabgrenzung
periodengerechte steuerabgrenzung - Separately reported items like discontinued operations, prior period adjustments, and other comprehensive income, are to rep...
financial reporting
taxation
Rechnung
Rechnung - A document from supplier to buyer summarising goods or services supplied and the price payable.
finance
accounting
Rechnungspreis
rechnungspreis - List price less any trade discounts
accounting
Vorräte
vorräte - Goods held for resale to others
accounting
Wertminderung
wertminderung - When the carrying amount of an asset is not recoverable from its future cash flow
accounting fundamentals
Zahlungsunfähigkeit
Zahlungsunfähigkeit - When a company becomes unable to pay off its creditors, or its liabilities exceed its assets.
finance
accounting
Zinsen
zinsen - The charge imposed on the borrower of funds for the use of money
accounting
J
Auftragskalkulation
auftragskalkulation - A costing approach whereby actual labor and material is tracked for each job or product
cost accounting
Auftragskalkulationsblatt
auftragskalkulationsblatt - A document representing a compilation of cost data for a specific job
cost accounting
Journal
journal - A chronological listing of the transactions and events of an organization, in debit/credit format
accounting
Journalisierung
journalisierung - The process of recording transactions and events into the journal
accounting
Just-in-Time-Lagerhaltung
just-in-time-lagerhaltung - Raw materials are received from supplies just as they are needed in the production process
cost accounting
Ramschanleihe
ramschanleihe - A bond that is issued by a company of low credit worthiness, and entails substantial risk of nonpayment; generally offers a high interest rate t...
accounting
K
Kaizen
Kaizen - Japanese term used to describe a blitz like approach to study processes and install efficiency within an organization
accounting
Kanban
Kanban - Japanese term which means some form of signal that a particular inventory is ready for replenishment
accounting
Kennzahl (Key Performance Indicator)
KPI (Key Performance Indicator) - measurable values that demonstrate how effectively a company is achieving key business objectives
metrics
performance
+2
L
Beschränkte Haftung
Beschränkte Haftung - Most commonly used to describe the limit of liability of a shareholder (member) to contribute to the assets of a company if it goes into l...
finance
accounting
Gebundenes Kapital
gebundenes kapital - Usually the par value of the stock of a corporation
accounting
Gesamtkauf
gesamtkauf - A single price paid for a package of assets; the purchase price must be allocated to each of the components
accounting fundamentals
Gesellschaft mit beschränkter Haftung (GmbH)
Gesellschaft mit beschränkter Haftung (GmbH) - Company where the liability of the owners is limited to the amount of capital they have agreed to contribute.
finance
accounting
Grundstückseinrichtungen
grundstückseinrichtungen - Includes the cost of parking lots, sidewalks, landscaping, irrigation systems, and similar expenditures that are incurred to better l...
cost accounting
Langfristige Finanzanlagen
langfristige finanzanlagen - Investments made for long-term holding purposes; including land for speculation, securities of other companies, etc.
accounting
Langfristige Verbindlichkeiten
langfristige verbindlichkeiten - Any obligation that is not current, and include bank loans, mortgage notes, and the like
accounting
Lean Production
lean production - Indicative of an environment where waste has been trimmed; entails a focus on standardization, speed, and quality, without compromising ...
accounting
Leasing
Leasing - Acquiring the use of an asset through a rental agreement.
finance
accounting
Leasing/Leasingnehmer und Leasinggeber
leasing/leasingnehmer und leasinggeber - Periodic payment from the user (lessee) of an asset to an owner (lessor) of the asset
accounting fundamentals
Leasinggeber
leasinggeber - Periodic payment from the user (lessee) of an asset to an owner (leasinggeber) of the asset
accounting fundamentals
Leasingnehmer
leasingnehmer - Periodic payment from the user (leasingnehmer) of an asset to an owner (lessor) of the asset
accounting fundamentals
LIFO-Verfahren
lifo-verfahren - LIFO; An inventory cost flow assumption based on the notion that the most recent costs are to be assigned to units sold
cost accounting
Liquides Vermögen
Liquid asset - An asset that can be easily converted into cash.
finance
accounting
Liquidität
liquidität - The ability of a firm to meet its near-term obligations as they come due
accounting
Listenpreis
listenpreis - An established price determined by reference to a catalog or general price list; before any discounts
accounting
Niederstwertprinzip
niederstwertprinzip - To report inventory at the lower of its cost or net realizable value
cost accounting
Verbindlichkeiten
verbindlichkeiten - Amounts owed by an entity to others
accounting
M
Aussteller
aussteller - The party creating the note and agreeing to make payment
accounting
Controlling
controlling - An area of accounting concerned with reporting results to managers and others who are internal to an organization
accounting
Fälligkeitsdatum
fälligkeitsdatum - The date on which a note and related interest are due to be paid
accounting
Fertigungsgemeinkosten
fertigungsgemeinkosten - All costs of manufacturing other than direct materials and direct labor (also called factory overhead)
cost accounting
Geldeinheitsprinzip
geldeinheitsprinzip - Accounting measures transactions and events in units of money, in contrast to some other unit of measure (e.g., acres of land)
accounting
Gemischte Kosten
gemischte kosten - A cost that has both fixed and variable components
cost accounting
Gesamtbudget
gesamtbudget - Also known as the comprehensive budget; an integrated set of articulated budgets relating to numerous operational subcomponents (labor, mater...
cost accounting
financial planning
Gleitende Durchschnittsmethode
gleitende durchschnittsmethode - Under the perpetual inventory system; to recompute running average cost with each purchase transaction
cost accounting
Machine-to-Machine (M2M)
Machine-to-Machine (M2M) - (M2M) enables connected devices to communicate with each other
accounting
Management by Exception
management by exception - A management focus of attention on areas where corrective measures appear necessary
accounting
Management-Buy-out (MBO)
Management buyout (MBO) - The management of a company buy that company, or part of it, from its owners.
finance
accounting
Marge
Marge - The amount of money a company makes, expressed as a percentage. For example, a gross profit of £1m on sales of £10m is a 10% profit marge.
finance
accounting
Marktbezogene Aktivität
marktbezogene aktivität - Activities that relate to the number of markets in which an entity operates; independent of the number of products, customers, etc.
accounting
Marktkapitalisierung
Marktkapitalisierung - The stock-market value of a company. It is calculated by multiplying the total number of issued ordinary shares by today's price per shar...
finance
accounting
Materialentnahmeschein
materialentnahmeschein - Form showing what material has been removed from the raw materials stock and put into production
cost accounting
Materialmengenabweichung
materialmengenabweichung - A variance comparing standard quantity to actual quantity of materials; variation is measured at the standard price per unit [(...
accounting
Materialpreisabweichung
materialpreisabweichung - A variance that reveals the difference between standard price for materials purchased and amounts actually paid for those material...
accounting
Mehrstufige Gewinn- und Verlustrechnung
mehrstufige gewinn- und verlustrechnung - A complex income statement with sections that segregate cost of goods sold calculations and other components of income...
financial reporting
cost accounting
Memorandum
Memorandum (For A Company) - Document setting out main objects of the company and its powers to act.
finance
accounting
Methode der kleinsten Quadrate
methode der kleinsten quadrate - A complex means for separating costs into fixed and variable components, based upon minimizing the variances between all observ...
cost accounting
Modified Accelerated Cost Recovery System (MACRS)
Modified Accelerated Cost Recovery System (MACRS) - A "depreciation" approach common to the tax code; generally permits more rapid "recovery" of asset cost than...
cost accounting
accounting fundamentals
+1
Modifizierte Kassenbuchführung
modifizierte kassenbuchführung - Like the cash basis, except that certain large expenditures for durable assets may be recorded as assets initially
accounting fundamentals
Rückzahlungsbetrag
rückzahlungsbetrag - The amount due at maturity of a note; includes principal and interest
accounting
Verursachungsprinzip
verursachungsprinzip - To associate expenses with revenues, and record them in simultaneous accounting periods
accounting
Wesentlichkeit
wesentlichkeit - A matter of accounting judgment; when amounts involved are slight, expediency may dictate waiving the technically correct alternative in lieu o...
accounting
N
Bodenschätze
bodenschätze - Oil and gas reserves, mineral deposits, thermal energy sources, and standing timber are just a few examples of such assets that a firm ma...
accounting fundamentals
Erfolgskonten
erfolgskonten - Accounts that will be reset to a zero balance with each new accounting period; revenue, expense, and dividend accounts (also called "tempo..."
accounting
Jahresfehlbetrag
jahresfehlbetrag - The excess of expenses over revenues for a designated period of time
accounting
Jahresüberschuss
jahresüberschuss - Income from continuing operations plus/minus discontinued operations, but before items of “other comprehensive income”
financial reporting
Kapitalwert
kapitalwert - Or NPV, a method of evaluating capital projects that uses a predetermined interest rate to determine the present value of an investment's...
accounting
Natürliches Geschäftsjahr
natürliches geschäftsjahr - Applicable to certain businesses that have a seasonal business pattern, and an attempt is made to establish an accounting fiscal yea...
accounting
Negatives Eigenkapital
Negative equity - When the value of an asset is less than what you initially paid.
finance
accounting
Nennwert (einer Aktie)
Nominal Value (Of A Share) - The amount stated on the face of a share certificate as the named value of the share when issued.
finance
accounting
Netto
Netto - The amount of profit left after deductions such as tax have been made.
finance
accounting
Nettobuchwert
Nettobuchwert - Costs of non-current (fixed)( asset minus accumulated depreciation.
finance
accounting
Nettolohn
nettolohn - Also known as net earnings; this is the gross pay less all applicable deductions ("take home pay")
taxation
Nettomethode
nettomethode - A method of recording purchases of inventory at invoice price less available cash discounts
accounting
Nettoveräußerungswert
net realizable value (NRV) - (inventory) Estimated selling price in the normal course of business, less reasonably predictable costs of completion, disposal,...
cost accounting
Nettoveräußerungswert (Forderungen)
nettoveräußerungswert (forderungen) - The amount of cash expected to be collected on outstanding accounts receivable; accounts receivable minus the allowance .....
accounting
Nettovermögen
Nettovermögen - Assets minus liabilities (equals ownership interest).
finance
accounting
Nicht rückzahlbare Anleihe
nicht rückzahlbare anleihe - A bond that cannot be paid off before scheduled maturity
accounting
Nicht rückzahlbare Anleihe
nicht rückzahlbare anleihe - A bond that cannot be paid off with the proceeds of a new debt issue
accounting
Nominalzinssatz
Nominal interest rate - An interest rate that isn't adjusted for inflation.
finance
accounting
Reingewinn
Reingewinn - Sales minus cost of sales minus all administrative and selling costs.
finance
accounting
Schuldscheine
schuldscheine - Formal short-term borrowings usually evidenced by a specific written promise to pay
accounting
Sonstige Forderungen
sonstige forderungen - Amounts due from transactions and events not directly related to sales of products or services
accounting
Ungedeckter Scheck
NSF check - Non-sufficient funds check; a customer check returned for lack of funds (a "hot check")
accounting
Wechselforderungen
wechselforderungen - A written promise from a client or customer to pay a definite amount of money on a specific future date
accounting
O
Ausstehende Schecks
ausstehende schecks - Checks entered on company records but not yet cleared by the bank
accounting
Betriebliche Tätigkeit
betriebliche tätigkeit - A cash flow category; generally related to transactions that enter into the determination of income -- items that are not investing or....
financial reporting
Betriebsausgaben (OPEX)
Operating expenditure (OPEX) - On-going costs for running a business, service or system that includes day-to-day expenditure.
finance
accounting
Betriebsergebnis
Operating profit/loss - The profit or loss a company makes, which reflects how a business is performing.
finance
accounting
Betriebskosten
betriebskosten - General expense category for selling and administrative costs
cost accounting
Betriebszyklus
betriebszyklus - The period of time it takes to convert cash back into cash (i.e., purchase inventory, sell the inventory on account, and collect the receiv...
accounting
Eigentümereinlagen
eigentümereinlagen - Resources provided to an organization by a person in exchange for a position of ownership in the organization
accounting
Gemeinkosten
Gemeinkosten - Costs that do not change regardless of the level of production and are not typically involved with the cost of production, such as rent.
finance
accounting
Gemeinkostenzuschlagssatz
gemeinkostenzuschlagssatz - A rate used to apply manufacturing overhead to output; estimated factory overhead for a period divided by the estimated applicati...
cost accounting
Nachschüssige Rente
nachschüssige rente - Also known as an annuity in arrears; involves a level stream of payments, with the payments being made at the end of each time period
accounting
Operating-Leasing
operating-leasing - A lease where the lessee makes periodic payments for periodic use of an asset, but does not assume the ultimate risks and rewards of ownin.....
accounting fundamentals
Opportunitätskosten
opportunitätskosten - The cost of a foregone alternative; may include lost revenue
cost accounting
Outsourcing
outsourcing - Utilization of independent parties to manufacture products (sometimes known as make-or-buy) or manage data processing, tech support, payroll se...
accounting
Sonstige Vermögenswerte
sonstige vermögenswerte - The category of a classified balance sheet for reporting assets that are not logically attached to one of the other specific sections
financial reporting
accounting fundamentals
Sonstiges Ergebnis
sonstiges ergebnis - An account for changes in value of available for sale securities; not part of net income but is included in the broader concept ...
financial reporting
Stammaktien
Stammaktien - Shares in a company which entitle the holder to a share of the dividend declared and a share in net assets on closing down the business.
finance
accounting
Zu viel verrechnete Gemeinkosten
zu viel verrechnete gemeinkosten - Applied overhead exceeds the actual amount; usually viewed as a favorable outcome, because less has spent than anticipated fo...
cost accounting
P
Amortisationsrechnung
amortisationsrechnung - Easy method for evaluating capital projects; calculated by dividing the initial investment by the annual cash inflow
accounting
Anleiheagio
anleiheagio - The difference between face value and issue price of a bond, where the issue price is more; causes the effective yield to be lower than th...
accounting
Barwert
barwert - Also known as discounting; determines the current worth of cash to be received in the future
accounting
Bezugsrecht
bezugsrecht - A right that may or may not be provided to shareholders enabling them with a first right of refusal to buy any additional shares offered b...
accounting
Buchung
buchung - The process of transferring journal entry effects into the respective general ledger accounts
accounting
EBIT
PBIT - Profit before interest and tax.
finance
accounting
Einkaufsrabatte
einkaufsrabatte - A cash discount available on purchases of merchandise on account; encourages prompt payment
accounting
Gewinn
Gewinn - Calculated as revenue (income) minus expenses.
finance
accounting
Gewinn- und Verlustrechnung
Profit and loss account - A financial statement that shows the income and outgoings of a company over a certain period of time showing the net profit or loss fo...
finance
accounting
Handkasse
handkasse - A fund established for making small payments that are impractical to pay by check; also known as imprest cash fund
accounting
Kapitalbetrag
kapitalbetrag - The basic stated amount of a note on which interest is usually calculated; generally relating to the amount borrowed
accounting
Kapitalrücklage
kapitalrücklage - The amount by which a stock's issue price exceeds its par value; also referred to as "additional paid-in capital"
accounting
Kassenabstimmung
kassenabstimmung - A detailed bank reconciliation that verifies not only beginning and end balances, but also validates deposits and withdrawals during the mont...
accounting
Körperliche Inventur
körperliche inventur - The process of counting inventory actually on hand
accounting
Kurs-Gewinn-Verhältnis
kurs-gewinn-verhältnis - The per share market value of a stock divided by its earnings per share
accounting
Nachträgliche Probebilanz
nachträgliche probebilanz - Reveals the balance of accounts after the closing process, and consists of balance sheet accounts only
financial reporting
Nennwert
nennwert - Par value is a technical provision establishing the “legal capital” of the firm and is frequently associated with common and preferred stock to s......
accounting
Nennwert der Anleihe
nennwert der anleihe - The face or contract amount of a bond; the amount to be repaid at maturity along with any interest
accounting
Öffentliches Rechnungswesen
öffentliches rechnungswesen - Accounting activities provided by a person to the general public, typically relating to audit, tax and similar services
taxation
auditing
Patent
Patent - An official legal document stating that a company has the sole right to make, use, or sell a particular invention.
finance
accounting
PAYE (Pay As You Earn)
PAYE - Stands for Pay As You Earn. A method of collecting income tax on behalf of the Government by taking it directly from your employees' wages.
finance
accounting
PCAOB
PCAOB - Public Company Accounting Oversight Board -- a private-sector, non-profit corporation charged with overseeing the auditors of public companies
auditing
Pensionsplan
pensionsplan - A general term to describe some form of arrangement for continuing payments to retirees
accounting
Periodenkosten
periodenkosten - A cost not attributable to the acquisition or manufacture of inventory; expensed as incurred
cost accounting
Periodisches Inventursystem
periodisches inventursystem - An inventory system that utilizes a Purchases account and does not update inventory with each sale; inventory is updated by physi....
accounting
Periodizitätsprinzip
periodizitätsprinzip - An accounting assumption that purports to divide a continuous business process into measurement intervals, such as months, quarters,...
accounting
Permanentes Inventursystem
permanentes inventursystem - A "real-time" inventory system that updates inventory records with each purchase and sale
accounting
Personengesellschaft
personengesellschaft - A non-corporation representing an association of two or more persons organized to carry out a business plan for a profit motive
accounting
Preiselastizität der Nachfrage
Product elasticity of demand (PED) - The degree to which demand for products or services changes due to changes in price.
finance
accounting
Primärkosten
primärkosten - Product costs that are direct in nature; direct materials and direct labor
cost accounting
Prinzipienbasiert
prinzipienbasiert - The idea that accounting standards should articulate broad-based principles rather than specific and detailed rules
accounting
Pro-forma-Finanzberichte
pro-forma-finanzberichte - "As if" budgeted financial statements
financial reporting
financial planning
Produktbezogene Aktivität
produktbezogene aktivität - Activities that relate to the number of products produced; independent of the number of units produced
accounting
Produktionsbudget
produktionsbudget - A budget that details planned levels of production; takes into account sales and inventory build/decline
cost accounting
financial planning
Produktkosten
produktkosten - Costs that attach to a product; the summation of direct materials, direct labor, and factory overhead
cost accounting
Profit Center
profit center - Business unit that has control over both costs and revenues and is therefore evaluated on the profit outcomes
cost accounting
Prospekt
prospekt - The documentation describing financial and business aspects of an initial public offering
financial reporting
Prozesskostenrechnung
prozesskostenrechnung - Process costing is a method to allocate the total costs of production to homogenous units produced via a continuous process that usually...
cost accounting
Prozesskostenrechnungsmethoden
prozesskostenrechnungsmethoden - A product costing method particularly well suited to situations where production occurs in a continuous process; costs are pool...
cost accounting
Rechnungsabgrenzungsposten (aktiv)
rechnungsabgrenzungsposten (aktiv) - Goods or services purchased in advance of their consumption
accounting
Rückstellung
Rückstellung - A liability of uncertain timing or amount.
finance
accounting
Sachanlagen
sachanlagen - Assets with long lives that will be used in an entity's production processes; land, buildings, and equipment
cost accounting
accounting fundamentals
Vorauszahlung
Vorauszahlung - An amount paid for in advance for and benefit to the business, such as insurance premiums or rent in advance. Initially recognised as an asset, ...
finance
accounting
Vorjahresanpassung
vorjahresanpassung - To correct errors from prior years; prior financial statements are retroactively changed to make them correct
financial reporting
Vorzugsaktien
vorzugsaktien - A class of stock that generally benefits from a stipulated periodic dividend and priority in liquidation; but, usually lacking in upside pa...
accounting
Wertberichtigung für zweifelhafte Forderungen
Provision For Doubtful Debts - An estimate of the risk of not collecting full payment from credit customers, reported as a deduction from trade receivable (debt...
finance
accounting
Zahlungsempfänger
zahlungsempfänger - The party to whom a note is made payable
accounting
Q
Liquiditätsgrad 2
liquiditätsgrad 2 - An extreme measure of liquidity, calculated by dividing quick assets (cash, short-term investments, and accounts receivable) by current liab...
accounting fundamentals
R
Aufwandsausgaben
aufwandsausgaben - Not a capital expenditure; to be expensed as incurred
accounting
Bestandskonten
bestandskonten - Asset, liability, and equity accounts; balances are carried forward from the end of one period into the beginning of the next period
accounting fundamentals
Eigenkapitalrendite
eigenkapitalrendite - A ratio comparing income (net income minus preferred dividends) to the average total equity
financial reporting
accounting fundamentals
Einzelhandelsbestandsmethode
einzelhandelsbestandsmethode - An inventory costing technique used by retailers that extrapolates inventory values by applying cost-to-retail percentages to kno...
cost accounting
Ersatz
ersatz - A restoration of an asset, at least partially, to its original condition; such costs may be capitalized by reducing accumulated depreciation
cost accounting
accounting fundamentals
Gesamtkapitalrendite
gesamtkapitalrendite - A ratio comparing income (net income plus interest) to the average total assets
financial reporting
accounting fundamentals
Gewinnrücklagen
gewinnrücklagen - The excess of a corporation's income over its dividends
financial reporting
Handelsregister
Registrar Of Companies - An official authorised by the government to maintain a record of all annual reports and other documents issued by a company.
finance
accounting
Kapitalrendite
kapitalrendite - ROI: A model consisting of a margin component (Operating Income/Sales) and turnover component (Sales/Average Assets); reduces to Opera...
financial reporting
accounting fundamentals
Kapitalrendite (ROI)
Return on investment (ROI) - The earning power of an asset or activity measured as a ratio of the net income of the activity to the operational cost. ROI lets a...
finance
accounting
Namensschuldverschreibung
namensschuldverschreibung - A bond for which ownership records are maintained, and interest is paid to the registered owner
accounting
Neubewertung
neubewertung - Uses a variety of exchange rates to convert assets and liabilities of a foreign affiliate to the reporting currency; adjustment may impact op...
financial reporting
accounting fundamentals
Neudarstellung
neudarstellung - The financial statements of prior periods are redone to reflect the correct amounts
financial reporting
Radio Frequency Identification
radio frequency identification - (RFID) Micro processes embedded in inventory that emit radio frequency signals that enable a computer to automatically track...
accounting
Realzinssatz
Real interest rate - The rate of interest minus the current rate of inflation.
finance
accounting
Regelbasiert
regelbasiert - The idea that accounting standards must be very specific to provide adequate guidance and drive consistency in reporting
accounting
Relevante Kosten
relevante kosten - Items where future costs and revenues are expected to differ for the alternative decisions under consideration
cost accounting
Relevanter Bereich
relevanter bereich - The level of activity for which assumptions underlying CVP are expected to hold true
accounting
Relevanz
relevanz - A fundamental quality of accounting such that information should be timely and bear on the decision-making process by possessing predictive or co...
accounting
Rendite des eingesetzten Kapitals
Return on Capital Employed (ROCE) - This ratio is arguably the most vital for the control of performance in large, delegated, businesses. It is made up from the...
finance
accounting
Residualeinkommen
residualeinkommen - An internal assessment technique that adjusts income for a presumed cost of capital (or other threshold rate of return); operating income -....
financial reporting
cost accounting
+1
Ressource
ressource - The elements consumed by activities and cost objects
cost accounting
Ressourcentreiber
ressourcentreiber - The concept that activities create the need for resources which will be consumed in the production process
cost accounting
Restwert
restwert - Amount expected be realized at the end of an asset's service life; "salvage value"
accounting fundamentals
Retrospektive Anpassung
retrospektive anpassung - Revision of the financial statements for prior periods to reflect the application of a current change in accounting method
financial reporting
Rohstoffe
rohstoffe - The components that will be used in manufacturing units that are not yet started -- also known as direct materials
accounting
ROI (Kapitalrendite)
ROI (Kapitalrendite) - a financial metric that measures the profitability of an investment relative to its cost
finance
metrics
+2
Rücklagen
Rücklagen - The claim which owners have on the assets of a company because the company has created new wealth for them over the period since it began. Most comm...
finance
accounting
Stornobuchung
stornobuchung - Optional accounting procedure which may prove useful in simplifying record keeping; a journal entry to "undo" an adjusting entry
accounting
Umsatzerlöse
umsatzerlöse - Inflows and other benefits received in exchange for the providing of goods and services
accounting
Umsatzrealisierung
umsatzrealisierung - The point at which revenue is recognized in the accounting records; ordinarily the point of sale
accounting
Verantwortungsbereich
verantwortungsbereich - The part of an organization under the control of a manager
accounting
S
Aktie
aktie - Transferable units of ownership in a corporation
accounting
Aktiendividende
aktiendividende - A noncash corporate activity to provide shareholders with additional shares in proportion to existing ownership; makes for more shares outst.....
accounting fundamentals
Aktiensplit
aktiensplit - A corporate action to increase the number of shares and reduce the par per share by a stipulated ratio (e.g., 2 for 1)
accounting
Aktienurkunde
Aktienurkunde - A document providing evidence of share ownership.
finance
accounting
Aktionäre
Aktionäre - Owners of a limited liability company.
finance
accounting
Annahme stabiler Währung
annahme stabiler währung - An accounting assumption that presumes the currency is not impacted over time by inflation
accounting
Balanced Scorecard
balanced scorecard - A system for evaluating elements that are important to the organization and under the control of an employee holding that position
accounting
Belegdokument
belegdokument - A document evidencing a transaction or event and potentially providing for the initiation of a journal entry
accounting
Besicherte Anleihe
besicherte anleihe - A bond that provides specific assets as collateral to help assure the payment stream
accounting fundamentals
Besichertes Darlehen
Besichertes Darlehen - Loan where the lender has taken a special claim on particular assets or revenues of the company to give extra protection in the event of ...
finance
accounting
Einfache Zinsen
einfache zinsen - Interest calculations that do not provide for periodic inclusion of accumulated interest into the base on which interest is calculated
accounting
Einstufige Gewinn- und Verlustrechnung
einstufige gewinn- und verlustrechnung - A simple income statement with a section for all revenues and another for all expenses; there is no direct association ...
financial reporting
Einzelbewertungsmethode
einzelbewertungsmethode - Inventory costing method where the actual cost of each unit of merchandise is tracked and used for accounting purposes
cost accounting
Einzelhändler
Einzelhändler - An individual owning and operating a business alone.
finance
accounting
Einzelunternehmen
einzelunternehmen - A non-corporation business owned by a sole individual
accounting
Gewinnrücklagenrechnung
gewinnrücklagenrechnung - A financial statement that discloses changes in retained earnings during a designated period of time; those changes usually ...
financial reporting
Grundkapital
Grundkapital - Name given to the total amount of cash which the shareholders have contributed to the company.
finance
accounting
Kapitalflussrechnung
kapitalflussrechnung - A financial statement that summarizes the cash flows relating to operating, investing, financing, and noncash investing/financing a...
financial reporting
Kapitalrücklage
Kapitalrücklage - The price paid for shares in a company over and above their nominal value.
finance
accounting
KMU
SME - Small or Medium Sized Enterprises. A business is deemed an SME if it meets two of three criteria: it has a turnover of £25m or less, it employs fewer ...
finance
accounting
Lineare Abschreibung
lineare abschreibung - A simple depreciation method by which the depreciable base is spread uniformly over the service life
accounting
Lineare Methode
lineare methode - A method for amortizing premiums and discounts on bonds; the premium or discount is spread uniformly over the life of the bond as an a...
accounting
Maßgeblicher Einfluss
maßgeblicher einfluss - The ability to sway management and decision making of another entity, but generally not enough to assert absolute control
accounting
Nachhaltigkeit
nachhaltigkeit - Development without depletion of natural resources or negative effects on the environment
accounting
Nebenbuch
nebenbuch - A subcomponent account record providing individual balance details; e.g., the record for one customer out of a group of customers compri...
accounting
Nutzungsdauer
nutzungsdauer - The period of time that a depreciable asset will be in use by an entity; the time interval over which the asset will be depreciated
accounting fundamentals
Sarbanes-Oxley Act
Sarbanes-Oxley Act - "SOX" -- Legislation that imposes stringent controls over reporting and auditing; created the Public Accounting Oversight Board
auditing
Securities and Exchange Commission
Securities and Exchange Commission - "SEC" -- regulatory body with which public companies must file and report
accounting
Segment
segment - A business unit for which separate financial information is evaluated by an operating decision maker who allocates resources and judges performance...
financial reporting
Serienanleihe
serienanleihe - A bond issue that has multiple repayment dates, rather than the entire issue maturing at one fixed maturity date
accounting
Six Sigma
Six Sigma - A trademarked quality management system developed by Motorola; driven by pursuit of statistical results that reflect near perfection in productio...
cost accounting
Sonderauftrag
sonderauftrag - A customer order that is outside of the normal pricing and terms
accounting
Sprungfixe Kosten
sprungfixe kosten - A cost function that is fixed over a range, and then increases by a measured step to a new level at the next higher increment of activity
cost accounting
Stakeholder
Stakeholder - A general term devised to indicate all those who might have a legitimate interest in receiving financial information about a business because they...
finance
accounting
Standardkosten
standardkosten - A measure of what costs should be incurred to achieve the observed output
cost accounting
Standards
standards - Benchmarks against which actual productive activity is compared
accounting
Statisches Budget
statisches budget - A budget that does not anticipate alternative outcomes; estimated sales and expenses are fixed and establish the relevant benchmarks
financial planning
Streudiagramm
streudiagramm - A simplistic mapping of observed data points, where a line is "visually" drawn to represent the estimated cost function
cost accounting
Stufenleiterverfahren
stufenleiterverfahren - An allocation process whereby some service department costs may be assigned to other service departments as part of a s...
cost accounting
SUTA
SUTA - State Unemployment Tax levied on employer to provide funds for unemployed workers; rate is adjusted for employer history of layoffs, etc.
taxation
Tilgungsanleihe
tilgungsanleihe - A bond issue that requires periodic setting aside of monies into a separate fund to provide for eventual repayment of the debt at maturity
accounting
Verkaufsrabatte
verkaufsrabatte - A cash discount offered to customers to encourage prompt payment of invoices
accounting
Versunkene Kosten
versunkene kosten - Historical amount expended on a project or object; not relevant to current decisions or future actions
accounting
Vertriebsbudget
vertriebsbudget - A budget that details anticipated sales levels
financial planning
Verwaltungs- und Vertriebskosten
SG&A - Selling, general, and administrative costs; the period costs of the business
cost accounting
Verwaltungs- und Vertriebskostenbudget
SG&A budget - A budget that details anticipated selling, general, and administrative costs
cost accounting
financial planning
Wertpapier
Wertpapier - Typically required by lenders against a loan, such as premises or plant equipment.
finance
accounting
Wertpapiere
Wertpapiere - Government bonds, ordinary shares in companies, debentures, loans, preference shares, etc. are all collectively described as wertpapiere.
finance
accounting
T
Eigene Aktien
eigene aktien - Shares of a company's own stock that it has reacquired
accounting
Engpasstheorie
engpasstheorie - (TOC) Efficiency is improved by seeking out and eliminating constraints within the organization
accounting
Erfolgskonten
erfolgskonten - Accounts that will be reset to a zero balance with each new accounting period; revenue, expense, and dividend accounts (also called "nom..."
accounting
Forderungen aus Lieferungen und Leistungen
Forderungen aus Lieferungen und Leistungen - Persons or businesses who buy goods or services from a business in the normal course of trade are allowed a period ...
finance
accounting
Forderungen aus Lieferungen und Leistungen
forderungen aus lieferungen und leistungen - Amounts due from customers from credits sales of products or services
accounting
Gesamtes eingezahltes Kapital
gesamtes eingezahltes kapital - The sum of legal capital plus paid-in capital in excess of par
accounting
Handelsrabatt
handelsrabatt - A reduction from list price that is not entered in the accounting records; customarily offered in "setting" the invoice amount
accounting
Handelswertpapiere
handelswertpapiere - Investments in debt acquired with the intent of generating profits by reselling the investment in the very near future; classified as cu...
accounting fundamentals
Probebilanz
probebilanz - A listing of account balances from the ledger, used to test the equality of debits and credits
accounting
Sachanlagen
Sachanlagen - A fixed asset (also called a non-current asset) which has a physical existence. Used to differentiate it from an Intangible fixed asset.
finance
accounting
T-Konto
T-Konto - An abstract representation of an account, with the left side of the "T" representing debits and the right side credits
accounting
Top-down-Budget
top-down-budget - A budget approach where upper level management establishes parameters under which the budget is to be prepared
financial planning
Total Quality Management
total quality management - (TQM) A process for continuous improvement by focusing on customer service and systematic problem solving via teams made up of fro...
accounting
Umrechnung
umrechnung - Uses prevailing exchange rates to convert assets and liabilities of a foreign affiliate to the reporting currency; adjustment may impact other ...
financial reporting
accounting fundamentals
Umsatz
Umsatz - The total sales of a business during a specified period.
finance
accounting
Verbindlichkeiten aus Lieferungen und Leistungen
Verbindlichkeiten aus Lieferungen und Leistungen - Persons or businesses who supply goods or services to a business in the normal course of trade and allow a pe...
finance
accounting
Verrechnungspreise
verrechnungspreise - The system of setting prices at which goods are exchanged between affiliated units; usually involving cross-border transactions
accounting
Zeitnähe
zeitnähe - An enhancing quality of accounting such that information is available in sufficient time to be capable of influence
accounting
Zeitwert des Geldes
zeitwert des geldes - Conceptual notion holding that money to be received sooner is worth more than money to be received later
accounting
Zieleinkommen
zieleinkommen - A level of income that is to be obtained; CVP projects activity levels necessary to achieve this benchmark
financial reporting
Zurechenbare Fixkosten
zurechenbare fixkosten - Fixed costs that would not exist if the unit under evaluation ceased to exist
cost accounting
U
Einheitenbezogene Aktivität
einheitenbezogene aktivität - Activities that relate to the number of units of output; each additional unit of production requires another activity
cost accounting
Erhaltene Anzahlungen
erhaltene anzahlungen - Revenue that has been collected in advance of providing goods and services to "earn it;" reported as a liability until earned
accounting fundamentals
Leistungsabhängige Abschreibung
leistungsabhängige abschreibung - A depreciation approach where the depreciable base is allocated to the expected total units of output; mileage, hours, etc.
accounting
Unterdeckte Gemeinkosten
unterdeckte gemeinkosten - Applied overhead is less than the actual amount; usually viewed as a unfavorable outcome, because more has spent than anticipated for...
cost accounting
Verständlichkeit
verständlichkeit - An enhancing quality of accounting such that information is clear and concise to those with reasonable business knowledge
accounting
V
Abweichung der variablen Gemeinkosteneffizienz
abweichung der variablen gemeinkosteneffizienz - A variance that reflects the level of efficiency associated with the application of variable overhead to produc...
cost accounting
Abweichungen
abweichungen - Deviations from the norm that may provide warning signs of situations requiring corrective action by managers
accounting
Nachprüfbarkeit
nachprüfbarkeit - An enhancing quality of accounting such that different knowledgeable and independent observers reach similar conclusions
accounting
Risikokapital
Venture capital - Capital invested into projects with long term growth potential but also higher risks, such as start-up businesses.
finance
accounting
Teilkostenrechnung
teilkostenrechnung - A costing method where inventory absorbs direct costs and variable factory overhead; the income statement identifies the contribution margi...
financial reporting
cost accounting
Variable Kosten
Variable costs - Costs that vary in some kind of proportion to throughput (production), e.g. materials. Each same product takes the same amount of material, so ...
finance
accounting
Variable Kosten
variable kosten - A per unit cost that is the same regardless of volume; total variable kosten increases with volume increases
cost accounting
Verbrauchsabweichung variabler Gemeinkosten
verbrauchsabweichung variabler gemeinkosten - A variance that reflects the difference between actual variable overhead and standard variable overhead associated...
cost accounting
W
Arbeitsunfallversicherung
arbeitsunfallversicherung - Insurance paid by the employer to cover work related injuries sustained by employees
accounting
Betriebskapital
betriebskapital - The difference between current assets and current liabilities
accounting fundamentals
Durchschnittsbewertungsmethode
durchschnittsbewertungsmethode - Under the periodic inventory system; inventory cost is based on the average cost of units purchased giving consideration ...
cost accounting
Durchschnittsverfahren der Prozesskostenrechnung
durchschnittsverfahren der prozesskostenrechnung - A process costing technique where all units of production are assigned the same cost; determined by blending ...
cost accounting
Garantierückstellung
garantierückstellung - A liability that is recorded for the future costs of claims that are anticipated because of product warranty agreements
cost accounting
accounting fundamentals
Unfertige Erzeugnisse
Work in progress - As its name implies, it is the value of the products on which work has been started but is not yet complete.
finance
accounting
Unfertige Erzeugnisse
unfertige erzeugnisse - Goods that are in production but not yet complete; an accumulation of monies spent on direct material, direct labor, and applied manufac...
cost accounting
W-2
W-2 - An annual statement provided to employees stating the amount of earnings and withholdings; assists employee in preparing their own tax returns
financial reporting
taxation
W-4
W-4 - A form filled out by an employee stating the amount of exemptions to which they are entitled for tax purposes; such exemptions bear on the amount of in...
financial reporting
taxation
Z
Nullbasierte Budgetierung
nullbasierte budgetierung - A budget approach where each expenditure item must be justified for each new budget period
financial planning