Glossary entry

English term or phrase:

HBII

German translation:

single-entity financial statements adjusted for uniform group accounting

Added to glossary by Daniela Penn
Oct 7, 2004 12:25
19 yrs ago
3 viewers *
English term

HBII

English to German Bus/Financial Economics
he comprehensive HBII financial management package
Irgendwie finde ich, dass hier das Verb fehlt!

Discussion

abaensch Oct 7, 2004:
vielleicht fehlt ja auch nur ein simples "t" -> the comprehensive...

Proposed translations

+3
5 mins
English term (edited): Handelsbilanz II
Selected

single-entity financial statements adjusted for uniform group accounting

The German term is somewhat misleading - what it refers to are single-entity financial statements (which are initially prepared according to local GAAP, and in local currency) adjusted to comply with uniform Group accounting policies and translated into the Group reporting currency.

RobinB should be able to give you more background on this.
Peer comment(s):

agree Hans G. Liepert
4 mins
agree Michael Bailey
8 mins
agree RobinB : Agree, of course. But in the immortal words of Christine Keeler, "He would, wouldn't he". But I'm not 100% sure what the question was in the first place.....
1 hr
Thanks, Robin - no specific question other than terminology here; just in case we need more backup on the concept...
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4 KudoZ points awarded for this answer.
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