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EveryLingua

C2  ·  42 words

Financial reporting: recognition, measurement, presentation

Whether an item goes in, at what value, and where it is shown — the same facts under two sets of rules.

English accounting needs one preposition for every value: an asset is carried at cost, at fair value, at the settlement amount. German picks a different one depending on the construction, and the Commercial Code shows all three in a single section. Assets are stated mit den Anschaffungskosten, with mit and the dative. Liabilities are stated zu ihrem Erfüllungsbetrag, with zu, which is also what international standards use in translation: zum beizulegenden Zeitwert bewertet. Provisions are stated in Höhe des Erfüllungsbetrags, and there the amount stands in the genitive, because Höhe is a noun and the amount belongs to it. A wrong choice rarely causes a misunderstanding, but it marks a sentence as translated. The safe habit is to learn each measurement word together with its preposition, as a unit, and never to translate at.

The words

Verb (1)

umgliedernto reclassifyVerbC2
Das Darlehen wurde in die kurzfristigen Verbindlichkeiten umgegliedert, weil es im Frühjahr fällig wird.The loan was reclassified to current liabilities because it falls due in the spring.

Separable: gliedert um, umgegliedert. Takes in with the accusative.

This list belongs to Work, money and trade — 47 lists and 1883 words that can also be practised as a whole.

Practise this list

Multiple choice and gaps, drawn from exactly these 42 words. Whatever you get wrong comes back tomorrow.