6. Accounting and auditing Flashcards
(97 cards)
financial statements, accounts def ang
finančni izkaz
a written record that conveys the business activities and the
financial performance of a company
balance sheet def ang
bilanca stanja
a financial statement that reports a company’s assets, liabilities and
shareholders’ equity at a specific point in time → statement of financial position
(AmE)
profit and loss account = P/L account /income statement def ang
izkaz poslovnega izida
a financial statement that summarizes the
revenues, costs, and expenses incurred during a specified period, usually a fiscal
quarter or year
cash flow statement def ang
izkaz denarnih tokov
a financial statement that provides aggregate data regarding
all cash inflows a company receives from its ongoing operations and external
investment sources. It also includes all cash outflows that pay for business activities
and investments during a given period → statement of cash flow (AmE)
statement of changes in equity def ang
izkaz gibanja kapitala
a statement that shows the change in an owner’s or shareholder’s equity throughout an accounting period
comprehensive income statement def ang
izkaz vseobsegajočega donosa
a statement which contains the details of the revenue, income, expenses, or loss of the company that is not realized when a company prepares the financial statements of the accounting period and the same is presented after net income on the company’s income statement
disclosure def ang
razkritje
the act of making something known or public that was previously secret
or private
assets def ang
sredstva
everything a company owns that has monetary value
liabilities def ang
obveznosti do virov sredstev
debts owed by the company to creditors
Shareholders’ equity = stockholders’ equity
lastniški kapital
owners’ investment in the company
and retained earnings
current assets def ang
obratna sredstva
assets that can be easily converted into cash
fixed assets def ang
osnovna sredstva
items of value that a company owns and will keep, such as buildings,
machinery, vehicles, shares in other companies, etc.
debtors/accounts receivable def ang
terjatve do kupcev
money owed to the company by customers
book value def ang
knjigovodska vrednost
the value that a business gives to an asset in its financial records (= books), which is the original cost of the asset minus depreciation (= its decrease in value over a period of time)
to write down ang def
odpisati?
to reduce the value of an asset in a company’s accounts
to write off def ang
odpisati?
to remove an asset that has no value
intangible asset(s) = intangibles def amg
neopredmetena sredstva
something that a company has and that benefits it but does not exist physically, e.g., a brand or the company’s reputation
goodwill def ang
dobro ime
assets that a company has that do not exist physically but are calculated
as part of its value, such as a good relationship with its customers, its name, reputation…
current liability def ang
tekoče obveznosti
a debt that must be paid within a year
long-term liabilities def ang
dolgoročne obveznosti
all liabilities owed to creditors in more than one year
retained earnings def ang
zadržani dobiček
profits reinvested in the business after dividends are paid
accounting period def ang
poslovno leto
a regular period of time over which a business prepares a set of
financial records
revenue def ang
prihodki od prodaje
the money that an organization receives from its business
less - minus
izguba
