Glossary entry (derived from question below)
Spanish term or phrase:
refrescamiento de quebrantos
English translation:
financial losses refreshing
Added to glossary by
Ana Terzaghi
Feb 28, 2012 13:01
12 yrs ago
Spanish term
refrescamiento de quebrantos
Spanish to English
Bus/Financial
Finance (general)
Argentine management letter from the financial auditors, containing a raft of recommendations:
"La compañía ha ajustado como una mayor ganancia impositiva los importes provenientes de las actualizaciones del contrato mencionado en los párrafos anteriores. Las mismas no han sido devengadas contablemente en el pasado. Si bien se trata en principio de un ajuste pro fisco, el mismo se compensa con quebrantos que de otra forma hubieran prescripto (refrescamiento de quebrantos)."
I am taking "ajuste pro fisco" to mean an "increase in taxable earnings", which the company has offset against losses that would otherwise have prescribed by lapse of time. No idea how to phrase refrescamiento de quebrantos, although I do understand the underlying idea.
Any input much appreciated!
"La compañía ha ajustado como una mayor ganancia impositiva los importes provenientes de las actualizaciones del contrato mencionado en los párrafos anteriores. Las mismas no han sido devengadas contablemente en el pasado. Si bien se trata en principio de un ajuste pro fisco, el mismo se compensa con quebrantos que de otra forma hubieran prescripto (refrescamiento de quebrantos)."
I am taking "ajuste pro fisco" to mean an "increase in taxable earnings", which the company has offset against losses that would otherwise have prescribed by lapse of time. No idea how to phrase refrescamiento de quebrantos, although I do understand the underlying idea.
Any input much appreciated!
Proposed translations
(English)
4 +1 | financial losses refreshing | Ana Terzaghi |
Change log
Mar 6, 2012 13:54: Ana Terzaghi Created KOG entry
Proposed translations
+1
32 mins
Selected
financial losses refreshing
My interpretation. It can be found in several technical PDFs in internet websites
4 KudoZ points awarded for this answer.
Comment: "Thanks a lot."
Something went wrong...