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  1. KudoZ™ Top
  2. Norwegian to English
  3. Accounting

See sentence.

English translation: ...and their accounting value

10:01 Nov 22, 2010
Norwegian to English translations [PRO]
Bus/Financial - Accounting / Annual report
Norwegian term or phrase: See sentence.
På hver balansedato foretar konsernet en gjennomgang av ikke regnskapsført utsatt skattefordel og dets regnskapsførte verdi.

My translation: On each balance sheet date, the group examines deferred tax assets not recorded in the financial statements and their value is recorded in the financial statements.

The nothing doesn't seem to make sense - can anyone help? :)
ParkerR
United Kingdom
Local time: 08:41
English translation:...and their accounting value
Explanation:
On each balance sheet date, the group examines deferred tax assets not recorded in the financial statements and their accounting value.

This is not a good sentence as it does appear contradictory - how can the non-accounted for deferred tax assets actually have a value in the accounts, but that is what it says.
I suspect that what may have been meant is that the company reviews both non-accounted for deferred tax assets and those that are accounted for.
It might be an idea just to check the sentence with the customer.
Selected response from:

David Siebert
Local time: 08:41
Grading comment
Many thanks!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +1...and their accounting value
David Siebert


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
...and their accounting value


Explanation:
On each balance sheet date, the group examines deferred tax assets not recorded in the financial statements and their accounting value.

This is not a good sentence as it does appear contradictory - how can the non-accounted for deferred tax assets actually have a value in the accounts, but that is what it says.
I suspect that what may have been meant is that the company reviews both non-accounted for deferred tax assets and those that are accounted for.
It might be an idea just to check the sentence with the customer.

David Siebert
Local time: 08:41
Specializes in field
Native speaker of: English
PRO pts in category: 61
Grading comment
Many thanks!

Peer comments on this answer (and responses from the answerer)
agree  Christopher Schröder: Even though they're not recognised they still have an accounting value
1 day 23 hrs
  -> Absolutely, it's just the phrasing seems a bit stiff :-)
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