Legal Lexicon

Rechnungswesen

Debtor

A debtor is an accounting term referring to an individual or entity that must settle outstanding receivables. Learn more about their role in financial management!

Book Auditor, Book Examiner

A book auditor checks the accounting records for accuracy and compliance. Learn more about the tasks and importance – discover the full article now!

Accountant

An accountant records and manages a company’s financial data. Learn more about their tasks and significance in our detailed article!

Expense Related to Acquisition

Expense related to acquisition refers to costs for repairs near the purchase date of an asset. Learn more about tax regulations and pitfalls!

Overhead

Overhead describes additional effort in processes that binds resources. Discover how it affects efficiency – read the article now!

Goodwill

Goodwill refers to intangible assets in company acquisitions. Learn more about its significance, accounting, and impact on business valuation!

Depreciation

Depreciation describes the loss in value of assets over time. Discover how companies use depreciation – read the article now!