Legal Lexicon

Rechnungslegung

Consistency of Valuation

Consistency of valuation refers to the stable continuation of valuations in mathematics and economics. Curious? Discover more in the lexicon!

Audit Opinion

The audit opinion documents the audit result of a certified public accountant. Learn more about its significance and forms in the full article!

Stocktaking

Stocktaking is the systematic inventory of goods and materials. Find out in the article how it promotes efficiency and control in the warehouse!

Sarbanes

Sarbanes usually refers to the Sarbanes-Oxley Act on corporate regulation. Learn more about its significance and impact!

Reserves

Reserves are financial reserves or resources set aside for unforeseen circumstances. Learn more about their importance and types in the lexicon!

Supplementary Distribution

Supplementary distribution explains how additional costs or revenues are allocated fairly. Curious? Discover more details in the full article!

Sustainability Reserve

The sustainability reserve strengthens the financial stability of companies. Find out how it provides long-term risk protection – read the article now!

Materiality

Materiality describes which information is essential for decision-making. Discover how relevance influences law, business & communication!

Annual Surplus

The annual surplus shows a company’s profit for the fiscal year. Learn more about its significance and calculation in the detailed article!

Depreciation

Depreciation describes the loss of value of a currency or asset. Discover how it affects the economy and everyday life!