Glossary entry (derived from question below)
English term or phrase:
cut off adjustments
German translation:
Abgrenzungskorrekturen/berichtigungen
Added to glossary by
Silvia M.
May 29, 2013 07:36
11 yrs ago
2 viewers *
English term
cut off adjustments
English to German
Bus/Financial
Accounting
Particulars
Qty in Nos
Amount
(Rs in crores)
Stock as on Mar 31 2012 as per books
BBND as on March 31, 2012
Add:
Cut off adjustments of processed sales return
Add:
Purchase cut off adjustments
Add:
Unprocessed sales return identified in physical verification
Add:
Sales cut off received by customer after march 2012
Qty in Nos
Amount
(Rs in crores)
Stock as on Mar 31 2012 as per books
BBND as on March 31, 2012
Add:
Cut off adjustments of processed sales return
Add:
Purchase cut off adjustments
Add:
Unprocessed sales return identified in physical verification
Add:
Sales cut off received by customer after march 2012
Proposed translations
(German)
4 | Abgrenzungskorrekturen/berichtigungen | Expertlang |
3 | Buchungsschnitt Wertberichtigungen | Kristin Sobania (X) |
Proposed translations
9 hrs
Selected
Abgrenzungskorrekturen/berichtigungen
z.B. cut off adjustments of processed sales return
Abgrenzungsberichtigung von bearbeiteten Rücklieferungen
z.B. der Verkauf fand in der letzten Buchungsperiode statt, die Ware wurde nach Abschluss der letzten Buchungsperiode zurückgeschickt, daher muss der Umsatz der Vorperiode korrigiert werden.
Abgrenzungsberichtigung von bearbeiteten Rücklieferungen
z.B. der Verkauf fand in der letzten Buchungsperiode statt, die Ware wurde nach Abschluss der letzten Buchungsperiode zurückgeschickt, daher muss der Umsatz der Vorperiode korrigiert werden.
4 KudoZ points awarded for this answer.
38 mins
Buchungsschnitt Wertberichtigungen
Cutoff relates to whether transactions and events have been recorded in the correct accounting period. Audit procedures must ensure that transactions occurring near year-end are recorded in the financial statements in the proper period.
For example, the auditor may want to test proper cutoff of revenue transactions at December 31. This can be done by examining a sample of shipping documents and sales invoices for a few days before and after year-end.
http://www.accountingconcern.com/accounting-dictionary/cutof...
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Note added at 44 mins (2013-05-29 08:20:27 GMT)
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Man müsste hier natürlich noch umformulieren. Vorschlag:
Buchungsfehler Wertberichtigungen
vgl: Perform Cutoff Tests
The objective of any cutoff test is to be sure that transactions which occur close to year end are booked in the correct accounting period. Cutoff errors are very common.
What determines the extent of cutoff testing that the auditor will perform?
Sales cutoff - The objective is to be sure that all shipments made before year end are recorded in sales and accts. receivables. Additionally, each of these should be recorded in cost of sales and removed from inventory.
http://hilltop.bradley.edu/~simonp/atg457/revenue.html
For example, the auditor may want to test proper cutoff of revenue transactions at December 31. This can be done by examining a sample of shipping documents and sales invoices for a few days before and after year-end.
http://www.accountingconcern.com/accounting-dictionary/cutof...
--------------------------------------------------
Note added at 44 mins (2013-05-29 08:20:27 GMT)
--------------------------------------------------
Man müsste hier natürlich noch umformulieren. Vorschlag:
Buchungsfehler Wertberichtigungen
vgl: Perform Cutoff Tests
The objective of any cutoff test is to be sure that transactions which occur close to year end are booked in the correct accounting period. Cutoff errors are very common.
What determines the extent of cutoff testing that the auditor will perform?
Sales cutoff - The objective is to be sure that all shipments made before year end are recorded in sales and accts. receivables. Additionally, each of these should be recorded in cost of sales and removed from inventory.
http://hilltop.bradley.edu/~simonp/atg457/revenue.html
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