This site uses cookies. Some of these cookies are essential to the operation of the site, while others help to improve your experience by providing insights into how the site is being used. For more information, please see the ProZ.com privacy policy.
Cookie settings
  1. KudoZ™ Top
  2. German to English
  3. Accounting

kaufmännische Bilanz

English translation: balance sheet according to the German Commercial Code (HGB)

23:50 Jun 27, 2010
German to English translations [PRO]
Bus/Financial - Accounting
German term or phrase: kaufmännische Bilanz
The state of Hesse was the first federal state to present a 'kaufmännische Bilanz' in 2009
Caitriona O'Callanain
Local time: 20:37
English translation:balance sheet according to the German Commercial Code (HGB)
Explanation:
M.E. wäre es notwendig genauer zu spezifizieren, dass die Bilanz gemäß HGB erstellt wurde, um es von IAS bzw. US GAAP abzugrenzen.
Selected response from:

Mack Tillman (X)
Local time: 21:37
Grading comment
Many thanks Mack.

Best regards
Caitriona
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +3balance sheet according to the German Commercial Code (HGB)
Mack Tillman (X)
1 +1commercial balance sheet
andres-larsen
Summary of reference entries provided
HGB, not IPSAS
RobinB

Discussion entries: 3





  

Answers


9 mins   confidence: Answerer confidence 1/5Answerer confidence 1/5 peer agreement (net): +1
commercial balance sheet


Explanation:
commercial balance sheet

source:

Twentieth Century Accounting Research in the German Language Area - HU Küpper - 2005 -
le Coutre, W. (1921) Die ***kaufmännische Bilanz als Grundlage der ... Juristen und Steuerbeamte (The commercial balance sheet*** as taxation basis – a guide for ...
www.informaworld.com/index/727680510.pdf

andres-larsen
Venezuela
Local time: 15:37
Native speaker of: Native in EnglishEnglish
PRO pts in category: 20

Peer comments on this answer (and responses from the answerer)
agree  Rolf Keiser: without further context, yes
6 hrs
neutral  RobinB: Unfortunately, the term "commercial balance sheet" (normally "Handelsbilanz", as opposed to the Steuerbilanz: tax accounts) is pure Denglisch, though I know it appears a lot in the literature authored mainly by non-native speakers.
8 hrs
disagree  Kim Metzger: Agree with Robin.
13 hrs
agree  philgoddard
15 hrs
agree  Lancashireman: Quite likely adequate for asker's context.
22 hrs
disagree  Cetacea: Agree with Robin and Kim.
1 day 12 hrs
Login to enter a peer comment (or grade)

6 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +3
balance sheet according to the German Commercial Code (HGB)


Explanation:
M.E. wäre es notwendig genauer zu spezifizieren, dass die Bilanz gemäß HGB erstellt wurde, um es von IAS bzw. US GAAP abzugrenzen.

Mack Tillman (X)
Local time: 21:37
Native speaker of: Native in GermanGerman, Native in EnglishEnglish
PRO pts in category: 8
Grading comment
Many thanks Mack.

Best regards
Caitriona

Peer comments on this answer (and responses from the answerer)
neutral  Dr. Georg Schweigart: Ich spekuliere mal, dass es um die Umstellung ("the first ...") von einfacher (Kameralistik) auf moderne (Doppik) Buchführung geht. Dann scheint mir der Hinweis auf HGB überzogen. Aber ich gebe zu, es ist mangels Kontext nur eine Vermutung.
1 hr
  -> Aber genau dass wird in folgendem Artikel auch so wiedergegeben: http://www.moderner-staat.com/finanzmanagement_32.html Siehe Überschrift: Hessen zieht Bilanz. Als erstes Flächenland präsentiert Hessen seinen Geschäftsbericht.
agree  RobinB: Though it's actually "consolidated financial statements according to the HGB", not just a balance sheet. See e.g. http://www.moderner-staat.com/finanzmanagement_32.html. It's about Hessen's move to double-entry bookkeeping (and HGB as opposed to IPSAS).
1 hr
  -> Thanks!
agree  Ted Wozniak: w/ Robin (as almost always) :-)
3 hrs
agree  Kim Metzger
6 hrs
  -> Thanks!
neutral  philgoddard: It doesn't say anything about HGB - I think this is reading too much into the German.
8 hrs
disagree  Lancashireman: With Phil Goddard's comment. Nothing about "the German Commercial Code (HGB) as opposed to IPSAS" in the source text.
15 hrs
  -> If you're disagreeing with Phil Goddard's comment, then you should post neutral. If you're disagreeing with my suggested translation, then disagree is ok.
agree  Cetacea: For a German audience, the HGB part may be assumed to be self-evident, while it needs to be pointed out for an English-speaking audience.
1 day 5 hrs
  -> Thanks! That's my intention.
Login to enter a peer comment (or grade)




Reference comments


23 hrs
Reference: HGB, not IPSAS

Reference information:
If Messrs Swift and Goddard would check out the actual reference given, rather than merely relying on the simple source text sentence, they would see very clearly that German GAAP (HGB) accounting is involved, not IPSAS:
"Hessen wird im November 2009 als erstes Flächenland eine kaufmännische Bilanz veröffentlichen, die auf der Grundlage der Bilanzierungsregeln des HGB erstellt wurde."
That's pretty clear, isn't it? Besides, as I'm sure both of them are aware, no German Land has switched to IPSAS so far, and AFAIK none have plans to do so (Hessen's move to relatively straightforward HGB accounting was stressful enough).

RobinB
United States
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 993

Peer comments on this reference comment (and responses from the reference poster)
neutral  Lancashireman: Hello RobinB. I agree with your statement above that the "source text sentence" is "simple". This should be reflected in the translation. Anything more is pure showboating.
5 days
Login to enter a peer comment (or grade)



Login or register (free and only takes a few minutes) to participate in this question.

You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.

Return to KudoZ list

KudoZ™ translation help

The KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases.

See also:
ProZ.com term search
Search millions of term translations
Close search
Term search
  • All of ProZ.com
  • Term search
  • Jobs
  • Forums
  • Multiple search