Glossary entry (derived from question below)
Japanese term or phrase:
DES
English translation:
debt-equity swap
Added to glossary by
Benito Cachinero-Gorman (X)
Nov 15, 2009 01:46
14 yrs ago
Japanese term
Benito Cachinero-Gorman (X)
DES
Japanese to English
Bus/Financial
Accounting
Audit report
「担当者によれば、平成22年3月期中には必ずDESを行うとのことであり」
There was an incorrect entry in their ledgers regarding a loan received from another party, and the audit points that out. It goes on to say that the other party will perform DES in the future.
What is DES?
There was an incorrect entry in their ledgers regarding a loan received from another party, and the audit points that out. It goes on to say that the other party will perform DES in the future.
What is DES?
Proposed translations
(English)
| 3 +1 | debt-equity swap |
Michael Karpa
|
| 2 | Double-entry system |
Steven Smith
|
| 1 | Data entry specification |
gcpradhan1
|
References
| Data Extraction Software |
V N Ganesh
|
| FYR |
cinefil
|
Proposed translations
+1
14 hrs
Selected
debt-equity swap
I'd go with debt-equity swap, since that is something that can be planned for the future, and it involves a loan, so the accounting for it will change after the swap and whatever was incorrectly recorded will then go on to have other repercussions if not fixed. (Also, they are likely to already use double-entry bookkeeping.) Still, without more context, it's still a guess.
4 KudoZ points awarded for this answer.
4 hrs
gcpradhan1
India
India
Native in English
India
Quality & professionalism
Native in: English 
, Oriya
Works in: Japanese to English, English to Japanese, Hindi to English, and 1 more.
Related KudoZ points
:
4
Data entry specification
May be little background will be more helpful to decipher the meaning.
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Note added at 4 hrs (2009-11-15 06:22:09 GMT)
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It might be "debt equity swap" which seems to be an accounting terms which means " issue a debt/equity or an equity/debt swap for better financial position".
http://blog.livedoor.jp/shihou8022/archives/1003917.html
http://www.investopedia.com/ask/answers/06/debtequityswap.as...
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Note added at 4 hrs (2009-11-15 06:22:09 GMT)
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It might be "debt equity swap" which seems to be an accounting terms which means " issue a debt/equity or an equity/debt swap for better financial position".
http://blog.livedoor.jp/shihou8022/archives/1003917.html
http://www.investopedia.com/ask/answers/06/debtequityswap.as...
9 hrs
Double-entry system
Not my field, but this seems possible.
Double-entry bookkeeping system ensures the integrity of the financial values recorded in a financial accounting system. It does this by ensuring that each individual transaction is recorded in at least two different nominal ledgers (sections) of the financial accounting system and so implementing a double checking system for every transaction.
http://en.wikipedia.org/wiki/Double-entry_bookkeeping_system
Double-entry bookkeeping system ensures the integrity of the financial values recorded in a financial accounting system. It does this by ensuring that each individual transaction is recorded in at least two different nominal ledgers (sections) of the financial accounting system and so implementing a double checking system for every transaction.
http://en.wikipedia.org/wiki/Double-entry_bookkeeping_system
Reference comments
47 mins
Reference:
Data Extraction Software
Data Extraction Software. An important use of such software is in performing substantive tests. Most audit testing occurs in the substantive-testing phase ...
www.acc.ncku.edu.tw/chinese/faculty/shulc/courses/cas/chap7...
www.acc.ncku.edu.tw/chinese/faculty/shulc/courses/cas/chap7...
25 mins
Reference:
FYR
デット・エクイティ・スワップ Page2
IV．デット・エクイティ・スワップの会計・税務処理
DESの会計・税務のポイントをまとめると表1のとおりです。
http://www.azsa.or.jp/b_info/letter/43/02.html
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Note added at 26分 (2009-11-15 02:13:15 GMT)
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DESとは、債務の株式化ともいい、会社の債務(デット)を株式(エクイティ)と交換(スワップ)することをいいます。一般的には、多大な債務を抱えて経営が悪化している会社の再建策として、金融機関などの債権者が債権の一部を債務者会社の株式と交換することにより、債務者会社の財務体質を改善し、再建を図る手法のことをいいます。
http://blog.livedoor.jp/jean07/archives/51888502.html
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Note added at 3時間 (2009-11-15 04:56:26 GMT)
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debt error settlement???
IV．デット・エクイティ・スワップの会計・税務処理
DESの会計・税務のポイントをまとめると表1のとおりです。
http://www.azsa.or.jp/b_info/letter/43/02.html
--------------------------------------------------
Note added at 26分 (2009-11-15 02:13:15 GMT)
--------------------------------------------------
DESとは、債務の株式化ともいい、会社の債務(デット)を株式(エクイティ)と交換(スワップ)することをいいます。一般的には、多大な債務を抱えて経営が悪化している会社の再建策として、金融機関などの債権者が債権の一部を債務者会社の株式と交換することにより、債務者会社の財務体質を改善し、再建を図る手法のことをいいます。
http://blog.livedoor.jp/jean07/archives/51888502.html
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Note added at 3時間 (2009-11-15 04:56:26 GMT)
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debt error settlement???
Peer comments on this reference comment:
| agree |
xcoder
: I think cinefil-san is right here. (Problem I have is I can't understand how DES will fix or explain the simple wrong or unfactual accounting... can anyone help?)
1 hr
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|
ありがとうございます。でも確かに．．。
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