Oct 25, 2015 17:16
8 yrs ago
24 viewers *
Spanish term
Technical, academic, government
Native in: Spanish 
Works in: English to Spanish, Spanish to Portuguese, Portuguese to Spanish, and 1 more.
derechos reconocidos
Spanish to English
Social Sciences
Economics
economía-estadística-administración recursos públicos
En esta oración:
... Sin embargo, si nos fijamos en los derechos reconocidos, es decir, en los ingresos reales de las universidades ...
Por lo que entiendo es un término financiero que parece tener que ver fondos que una institución recibió en la práctica contra algo más teórico (tal vez lo que se le había asignado en el presupuesto, talvez lo que resultó de la suma de otros ingresos, tal vez...) y puede ser que esto tenga un nombre específico en inglés (que desconozco). ¿Alguien conoce el término, o se le ocurre algo diferente de "aknowledge/recognized rights" (que no parece decir lo que parece ser), o puede explicarme un poco mejor de qué se trata esto para ver si a mí se me ocurre algo mejor? Por si sirve, agrego que habla de gastos en las universidades españolas.
Mil gracias!
... Sin embargo, si nos fijamos en los derechos reconocidos, es decir, en los ingresos reales de las universidades ...
Por lo que entiendo es un término financiero que parece tener que ver fondos que una institución recibió en la práctica contra algo más teórico (tal vez lo que se le había asignado en el presupuesto, talvez lo que resultó de la suma de otros ingresos, tal vez...) y puede ser que esto tenga un nombre específico en inglés (que desconozco). ¿Alguien conoce el término, o se le ocurre algo diferente de "aknowledge/recognized rights" (que no parece decir lo que parece ser), o puede explicarme un poco mejor de qué se trata esto para ver si a mí se me ocurre algo mejor? Por si sirve, agrego que habla de gastos en las universidades españolas.
Mil gracias!
Proposed translations
(English)
| 3 +2 | revenue recognition |
Helena Chavarria
|
Proposed translations
+2
1 hr
Helena Chavarria
Spain
Spain
Native in English
Spain
Striving for excellence
Native in: English (Variant: British)
Works in: Spanish to English, Catalan to English
Related KudoZ points
:
16
Selected
revenue recognition
DEFINITION of 'Revenue Recognition'
An accounting principle under generally accepted accounting principles (GAAP) that determines the specific conditions under which income becomes realized as revenue. Generally, revenue is recognized only when a specific critical event has occurred and the amount of revenue is measurable.
Read more: Revenue Recognition Definition | Investopedia http://www.investopedia.com/terms/r/revenuerecognition.asp#i...
Follow us: Investopedia on Facebook
The revenue recognition principle is a cornerstone of accrual accounting together with matching principle. They both determine the accounting period, in which revenues and expenses are recognized. According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred or services rendered), no matter when cash is received. In cash accounting – in contrast – revenues are recognized when cash is received no matter when goods or services are sold.
Cash can be received in an earlier or later period than obligations are met (when goods or services are delivered) and related revenues are recognized that results in the following two types of accounts:
https://en.wikipedia.org/wiki/Revenue_recognition
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Note added at 1 hr (2015-10-25 18:32:32 GMT)
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Revenue recognition principle tells that revenue is to be recognized only when the rewards and benefits associated with the items sold or service provided is transferred, where the amount can be estimated reliability and when the amount is recoverable.
Accrual basis of accounting is used in recognizing revenue which tells that revenue is to be recognized ignoring when the cash inflows occur.
http://accountingexplained.com/financial/principles/revenue-...
Revenue should be recognized based on accrual accounting in accordance with GAAP. Revenue should be recognized when it has been earned, regardless of the timing of cash receipts. Revenue is considered earned when the University has substantially met its obligation to be entitled to the benefits represented by the revenue. Deposits (whether refundable or non-refundable), early payments and progress payments should not be recognized as revenue until the revenue producing event has occurred.
http://www.finance.upenn.edu/vpfinance/fpm/1100/1100_pdf/111...
An accounting principle under generally accepted accounting principles (GAAP) that determines the specific conditions under which income becomes realized as revenue. Generally, revenue is recognized only when a specific critical event has occurred and the amount of revenue is measurable.
Read more: Revenue Recognition Definition | Investopedia http://www.investopedia.com/terms/r/revenuerecognition.asp#i...
Follow us: Investopedia on Facebook
The revenue recognition principle is a cornerstone of accrual accounting together with matching principle. They both determine the accounting period, in which revenues and expenses are recognized. According to the principle, revenues are recognized when they are realized or realizable, and are earned (usually when goods are transferred or services rendered), no matter when cash is received. In cash accounting – in contrast – revenues are recognized when cash is received no matter when goods or services are sold.
Cash can be received in an earlier or later period than obligations are met (when goods or services are delivered) and related revenues are recognized that results in the following two types of accounts:
https://en.wikipedia.org/wiki/Revenue_recognition
--------------------------------------------------
Note added at 1 hr (2015-10-25 18:32:32 GMT)
--------------------------------------------------
Revenue recognition principle tells that revenue is to be recognized only when the rewards and benefits associated with the items sold or service provided is transferred, where the amount can be estimated reliability and when the amount is recoverable.
Accrual basis of accounting is used in recognizing revenue which tells that revenue is to be recognized ignoring when the cash inflows occur.
http://accountingexplained.com/financial/principles/revenue-...
Revenue should be recognized based on accrual accounting in accordance with GAAP. Revenue should be recognized when it has been earned, regardless of the timing of cash receipts. Revenue is considered earned when the University has substantially met its obligation to be entitled to the benefits represented by the revenue. Deposits (whether refundable or non-refundable), early payments and progress payments should not be recognized as revenue until the revenue producing event has occurred.
http://www.finance.upenn.edu/vpfinance/fpm/1100/1100_pdf/111...
Peer comment(s):
| agree |
Charles Davis
: It's actually recognized/recognised revenue. I was about to post this but you got there first (or more or less!). I'll add a reference.
7 mins
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Sorry about that. I 'wasted' a bit of time finding out what it was in Spanish and I came across the English translation without really looking for it. Thanks for the agreement and your reference :-)
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| agree |
bigedsenior
: 'recogniz(s)ed revenue'
1 day 34 mins
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Yes, I realis(z)e that now. I hadn't paid enough attention to the ST. Thank you, bigedsenior :-)
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4 KudoZ points awarded for this answer.
Comment: "Thank you"
Reference comments
1 hr
Helena Chavarria
Spain
Spain
Native in English
Spain
Striving for excellence
Native in: English (Variant: British)
Works in: Spanish to English, Catalan to English
Related KudoZ points
:
16
Reference:
Information
I think it's 'derechos reconocidos de cobro' vs. 'obligaciones de pago'; i.e. the money the university has the right to collect vs. the obligation to pay.
If you google 'derechos reconocidos netos', you'll find quite a lot of information
http://ocw.uniovi.es/pluginfile.php/2903/mod_resource/conten...
El reconocimiento de los derechos de cobro es un acto mediante el cual se cuantifica y se reconoce la existencia de un crédito o derecho de cobro a favor de la entidad.
http://www.rendiciondecuentas.es/es/informaciongeneral/presu...
Se trata de modificaciones, rectificaciones o ajustes del saldo inicial de los derechos pendientes de cobro, como consecuencia de errores, que afecten al saldo pendiente de cobro a 1 de enero.
http://ciberconta.unizar.es/leccion/contpub005/200.HTM
If you google 'derechos reconocidos netos', you'll find quite a lot of information
http://ocw.uniovi.es/pluginfile.php/2903/mod_resource/conten...
El reconocimiento de los derechos de cobro es un acto mediante el cual se cuantifica y se reconoce la existencia de un crédito o derecho de cobro a favor de la entidad.
http://www.rendiciondecuentas.es/es/informaciongeneral/presu...
Se trata de modificaciones, rectificaciones o ajustes del saldo inicial de los derechos pendientes de cobro, como consecuencia de errores, que afecten al saldo pendiente de cobro a 1 de enero.
http://ciberconta.unizar.es/leccion/contpub005/200.HTM
1 hr
Reference:
recognized/recognised revenue
The key to this is that derechos means revenue here. Reconocer is recognize/recognise.
"La recaudación y los derechos reconocidos son las medidas de los ingresos públicos que contempla la Ley General Presupuestaria de 1977 y la Instrucción de Contabilidad de 1991 a la que se atiene la Agencia Estatal de Administración Tributaria (AEAT)."
Cash receipts and recognized revenue are the public revenue measures accounted for in the 1977 Budget Act and the 1991 Accounting Statement upon which Spanish State Tax Agency (AEAT) operates."
http://www.ief.es/documentos/recursos/publicaciones/papeles_...
"During the meeting, it was discussed whether the working balance appearing in the starting lines of EDP tables 2 is published at national level and/or audited. In addition, the Spanish statistical authorities provided a copy of the budget, at Eurostat's request. The Spanish authorities explained that the working balances as such are not published and therefore are not audited. Nevertheless, as all the elements in the revenues and expenditure are audited, then it can be inferred that its balance is indirectly audited too. Thus, the working balance of EDP table 2A ("working balance in central government accounts') corresponds to total revenue ("derechos reconocidos") minus total expenditure ("obligaciones reconocidas") adjusted by a third item ("bajas por insolvencias")."
http://ec.europa.eu/eurostat/documents/1015035/3991243/FINDI...
"Reconocer un hecho económico se denomina al proceso de incorporación, en los estados financieros, de una partida que cumpla los requisitos para ser reconocida."
http://www.gerencie.com/reconocimiento-de-los-hechos-economi...
"recognize
Definition
The recording of a revenue or expense item in given accounting period."
http://www.investorwords.com/4089/recognize.html
http://forum.wordreference.com/threads/reconocer-derechos-ob...
"La recaudación y los derechos reconocidos son las medidas de los ingresos públicos que contempla la Ley General Presupuestaria de 1977 y la Instrucción de Contabilidad de 1991 a la que se atiene la Agencia Estatal de Administración Tributaria (AEAT)."
Cash receipts and recognized revenue are the public revenue measures accounted for in the 1977 Budget Act and the 1991 Accounting Statement upon which Spanish State Tax Agency (AEAT) operates."
http://www.ief.es/documentos/recursos/publicaciones/papeles_...
"During the meeting, it was discussed whether the working balance appearing in the starting lines of EDP tables 2 is published at national level and/or audited. In addition, the Spanish statistical authorities provided a copy of the budget, at Eurostat's request. The Spanish authorities explained that the working balances as such are not published and therefore are not audited. Nevertheless, as all the elements in the revenues and expenditure are audited, then it can be inferred that its balance is indirectly audited too. Thus, the working balance of EDP table 2A ("working balance in central government accounts') corresponds to total revenue ("derechos reconocidos") minus total expenditure ("obligaciones reconocidas") adjusted by a third item ("bajas por insolvencias")."
http://ec.europa.eu/eurostat/documents/1015035/3991243/FINDI...
"Reconocer un hecho económico se denomina al proceso de incorporación, en los estados financieros, de una partida que cumpla los requisitos para ser reconocida."
http://www.gerencie.com/reconocimiento-de-los-hechos-economi...
"recognize
Definition
The recording of a revenue or expense item in given accounting period."
http://www.investorwords.com/4089/recognize.html
http://forum.wordreference.com/threads/reconocer-derechos-ob...
Discussion
El presupuesto inicial creció hasta el año xxxx y comenzó a descender en el xxx.
Este comportamiento es similar al que ocurre con el gasto en xxxxxx. Sin embargo, si nos fijamos en los derechos reconocidos....