Glossary entry

Italian term or phrase:

posta patrimoniale rettificativi

English translation:

an adjusting entry to the appropriate [balance sheet] item

Added to glossary by Silvia Casale
May 7, 2007 21:01
17 yrs ago
2 viewers *
Italian term

posta patrimoniale rettificativi

Italian to English Bus/Financial Law: Taxation & Customs Notes to the Financ.Statem.
previo adeguamento del cambio di conversione al cambio pubblicato nella G.U. del [..],
*con iscrizione di apposita posta patrimoniale rettificativi*

Thanks!

Proposed translations

11 hrs
Selected

an adjusting entry to the appropriate [balance sheet] item

Almost certainly this is referring to the 'currrency translation reserve' where differences in asset/liability valuations attributable to exchange rate shifts from one period to the next are recognised.
Note from asker:
Sure.. I really appreciate your explanations!
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4 KudoZ points awarded for this answer. Comment: "I really appreciate your explanations!"
+1
3 hrs

restated shareholders' equity item

This should fit
Note from asker:
Wow.. an answer at this time.. very udeful indeed.. thank you!
Yes.. I think it is restated in the balance sheet
Peer comment(s):

agree fgb : "patrimoniale" could also refer to "stato patrimoniale", depending on context, in which case I would use "balance sheet" rather than "shareholders' equity"
6 hrs
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