Glossary entry (derived from question below)
Norwegian term or phrase:
sammenstillingsprinsipp
English translation:
matching principle
Added to glossary by
Karen Goulding
May 31, 2007 17:30
17 yrs ago
4 viewers *
Norwegian term
sammenstillingsprinsipp
Norwegian to English
Bus/Financial
Accounting
annual report
This follows on from my last query re notes on a company's pension scheme:
Bakgrunnen for endringen er at pensjonskostnaden bør kostnadføres i de perioder de ansatte faktisk arbeider i selskapet, jfr. regnskapslovens sammenstillingsprinsipp.
Bakgrunnen for endringen er at pensjonskostnaden bør kostnadføres i de perioder de ansatte faktisk arbeider i selskapet, jfr. regnskapslovens sammenstillingsprinsipp.
Proposed translations
(English)
| 5 +1 | matching principle |
Kevin Quirk
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Proposed translations
+1
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Selected
matching principle
In accounting, the matching principle requires that when it is reasonable to do so, expenses should be matched with revenues.
4 KudoZ points awarded for this answer.
Comment: "Thanks - that hits the spot perfectly!"
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