search query: @indexterm Balance sheets / total: 133
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| Author: | Babel, M. |
| Title: | Zur Bewertbarkeit von aktiven Rechnungsabgrenzungsposten |
| Journal: | Schmalenbachs Zeitschrift für Betriebswirtschaftliche Forschung
1998 : VOL. 50:9, p. 778-808 |
| Index terms: | ACCOUNTING LITERATURE DEPRECIATION BALANCE SHEETS ACCOUNTING LAW GERMANY |
| Language: | ger |
| Abstract: | The main opinion in the current German literature and the present jurisdiction on topics of accounting point out that prepaid expenses are not evaluable at all. In contrast to (intangible) assets, prepaid expenses are supposed to have no going concern value and that is why they are not subject to the valuation rules of German accounting law. On the contrary special legal provisions concerning prepaid expenses only demand the allocation of payments to definite accounting periods according to an accrual basis of accounting. Thus main parts of the current literature and the jurisdiction conclude a missing necessity to normal and extraordinary depreciation at all. This article works out that according to present German law prepaid expenses pass the recognition criteria of (intangible) assets as well. |
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