Glossary entry (derived from question below)
German term or phrase:
nach den Vorgaben des Kaufmanns bzw. der gesetzlichen Vertreter ausgeübt
English translation:
[+ have exercised these rights of choice re recognition, measurement and presentation/reporting]
- The asker opted for community grading. The question was closed on 2012-05-27 10:54:07 based on peer agreement (or, if there were too few peer comments, asker preference.)
May 23, 2012 10:31
12 yrs ago
8 viewers *
German term
Germany
nach den Vorgaben des Kaufmanns bzw. der gesetzlichen Vertreter ausgeübt
German to English
Bus/Financial
Law: Taxation & Customs
Tax consultant's contract
Here is the context:
Wir haben unseren Auftraggeber jedoch über die Ausübung materieller und formeller Gestaltungsmöglichkeiten (Ansatz-, Bewertungs- und Ausweiswahlrechte sowie Ermessensentscheidungen) in Kenntnis gesetzt, Entscheidungsvorgaben unseres Auftragsgebers hierzu eingeholt und diese im Rahmen der Erstellung exakt nach den Vorgaben des Kaufmanns bzw. der gesetzlichen Vertreter ausgeübt.
This is the assignment given to a tax consultant by a limited company to prepare its annual financial statement.
I hope that is enough context?
Wir haben unseren Auftraggeber jedoch über die Ausübung materieller und formeller Gestaltungsmöglichkeiten (Ansatz-, Bewertungs- und Ausweiswahlrechte sowie Ermessensentscheidungen) in Kenntnis gesetzt, Entscheidungsvorgaben unseres Auftragsgebers hierzu eingeholt und diese im Rahmen der Erstellung exakt nach den Vorgaben des Kaufmanns bzw. der gesetzlichen Vertreter ausgeübt.
This is the assignment given to a tax consultant by a limited company to prepare its annual financial statement.
I hope that is enough context?
Proposed translations
(English)
Proposed translations
33 mins
Sebastian Witte
Germany
Germany
Native in German
Works in field
Germany
Responsive with well-rounded knowledge
Native in: German (Variant: Germany) 
Works in: English to German, German to English, Spanish to German, and 5 more.
Related KudoZ points
:
16
Selected
[+ have exercised these rights of choice re recognition, measurement and presentation/reporting]
... under financial reporting in the preparation of the annual financial statementS (!) in exact compliance with the requirements stipulated by the Client or its legal representatives.
I think the concept of a Kaufmann under German GAAP (= as defined by the German Commercial Code/HGB) does not come into the picture here. This German term here just serves to point out their Client is a trading company, as opposed to an individual.
If you need a translation of that very technical term regardless: try "merchant under German GAAP" or "trading company".
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Note added at 35 mins (2012-05-23 11:06:55 GMT)
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Ermessensentscheidungen would be discretionary powers here (I think)
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Note added at 21 hrs (2012-05-24 08:30:52 GMT)
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Michael's answer is a good take as long as "diese" really refers to "Entscheidungsvorgaben unseres Auftragsgebers hierzu", which I am not sure about, even if it is possible.
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Note added at 22 hrs (2012-05-24 08:33:09 GMT)
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By the way, it's preparing in accounting speak, not drafting (drafting is legalese)
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Note added at 141 Tage (2012-10-11 12:48:13 GMT) Post-grading
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Regarding "merchant under German GAAP" as a suggested translation of Kaufmann in that specialized sense: really not sure about that any longer (German GAAP refers to HGB-based accounting rules, and it's more of a taxation and company law term, even if showing an interface to HGB accounting). Try "merchant under the German Commercial Code" instead.
I think the concept of a Kaufmann under German GAAP (= as defined by the German Commercial Code/HGB) does not come into the picture here. This German term here just serves to point out their Client is a trading company, as opposed to an individual.
If you need a translation of that very technical term regardless: try "merchant under German GAAP" or "trading company".
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Note added at 35 mins (2012-05-23 11:06:55 GMT)
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Ermessensentscheidungen would be discretionary powers here (I think)
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Note added at 21 hrs (2012-05-24 08:30:52 GMT)
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Michael's answer is a good take as long as "diese" really refers to "Entscheidungsvorgaben unseres Auftragsgebers hierzu", which I am not sure about, even if it is possible.
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Note added at 22 hrs (2012-05-24 08:33:09 GMT)
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By the way, it's preparing in accounting speak, not drafting (drafting is legalese)
--------------------------------------------------
Note added at 141 Tage (2012-10-11 12:48:13 GMT) Post-grading
--------------------------------------------------
Regarding "merchant under German GAAP" as a suggested translation of Kaufmann in that specialized sense: really not sure about that any longer (German GAAP refers to HGB-based accounting rules, and it's more of a taxation and company law term, even if showing an interface to HGB accounting). Try "merchant under the German Commercial Code" instead.
Example sentence:
Note from asker:
| Thank you, Sebastian.... very close indeed... accounting contracts are unfamiliar to me... hence the question... thanks again! |
4 KudoZ points awarded for this answer.
Comment: "Thanks - this is as near as it gets!"
-1
24 mins
freekfluweel
Netherlands
Netherlands
Netherlands
M.Sc. in Architecture, B.A.
Native in: Dutch 
Works in: Dutch to German, German to Dutch, English to Dutch, and 5 more.
Related KudoZ points
:
4
conform the directives of trader, e.g. legal representant
or instructions/wishes
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Note added at 24 min (2012-05-23 10:56:11 GMT)
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+executed
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Note added at 24 min (2012-05-23 10:56:11 GMT)
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+executed
Peer comment(s):
| neutral |
Sebastian Witte
: question is actually a bit more technical + intricate than what this answer suggests
31 mins
|
| neutral |
Armorel Young
: conform without "to"? representant?
34 mins
|
| neutral |
writeaway
: jammer maar dit is geen engels
1 hr
|
| disagree |
Cilian O'Tuama
: Quatsch
13 hrs
|
17 hrs
Michael Martin, MA
United States
United States
Native in German
&
English
Works in field
United States
Creativity wins in the long run
Native in: German (Variant: Germany) , English (Variant: US)
Works in: German to English
Related KudoZ points
:
53
carried them out .. according to the guidelines issued by the merchant or legal representatives
.. we procured our client's decision-making standards on the matter and carried them out within the drafting process according to the guidelines issued by the merchant or legal representatives.
Peer comment(s):
| neutral |
Sebastian Witte
: I think one might as well think of the taxation/company law term "merchant" as being needed here (I'm not sure ... see my answer on the matter) and this in general is a good take ... I might as well agree, it's just that "merchant" doesn't sound good here
4 hrs
|
Discussion
b) Entscheidungsvorgaben unseres Auftragsgebers [in regard to a)]?
I now realize this issue is key for properly translating the expression as it governs the choice of verb and stuff.