los resultados acumulados al inicio por diferencia patrimonial

English translation: retained earnings at beginning (of year) due to difference in shareholders' equity

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase: los resultados acumulados al inicio por diferencia patrimonial
English translation:retained earnings at beginning (of year) due to difference in shareholders' equity
Entered by: Richard Cadena

20:38 Jun 4, 2019
Spanish to English translations [PRO]
Bus/Financial - Accounting
Spanish term or phrase: los resultados acumulados al inicio por diferencia patrimonial
Copio la sección tal cual está
Patrimonio neto
Las partidas integrantes del patrimonio neto se exponen en moneda homogénea de conformidad con lo expresado en la nota 2.
Al inicio del presente ejercicio se reexpresaron los aportes de los propietarios a esa fecha determinándose los resultados acumulados al inicio por diferencia patrimonial.
Los saldos así determinados fueron reexpresados al cierre del ejercicio.

¡Gracias por la ayuda!
Carolina Marcote
Local time: 19:28
retained earnings at beginning (of year) due to difference in shareholders' equity
Explanation:

Resultados acumulados - Retained earnings
Comment: this is a standard term found on the balance sheet or statement of financial position, as well as in the notes to financial statements.

References:
Spanish-English Dictionary of Law and Business - 2nd Edition
Thomas L. West III

Diccionario de Terminología Contable y Financiera Especializada /Spanish-English & Inglés-Español, published by the Instituto Mexicano de Contadores Públicos, A.C. Prof. Richard J. Cadena

Reference
Spanish-English Dictionary of Law and Business - 2nd Edition
Thomas L. West III
This dictionary has the following term:
Patrimonio neto - shareholders' equity

Over thirty years of translating from Spanish to English almost exclusively for big 4 and 2nd tier public accounting firms

Hope this helps
Selected response from:

Richard Cadena
Mexico
Local time: 16:28
Grading comment
Thanks, Richard!
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1retained earnings at beginning (of year) due to difference in shareholders' equity
Richard Cadena
4 +1retained earnings at the beginning of the year established
patinba
4by equating all the net incomes up to the beginning to the change in shareholders'equity
Francois Boye
3opening retained earnings on difference in the (corp.) shareholders' (sole trade: owner's) equity
Adrian MM.


  

Answers


37 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
retained earnings at the beginning of the year established


Explanation:
on the basis of changes in shareholders' equity.

patinba
Argentina
Local time: 19:28
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 604
Notes to answerer
Asker: Thanks!


Peer comments on this answer (and responses from the answerer)
agree  Robert Carter: Although "difference" is not wrong, I prefer "changes" because I think it's clearer English.
6 hrs
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38 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
retained earnings at beginning (of year) due to difference in shareholders' equity


Explanation:

Resultados acumulados - Retained earnings
Comment: this is a standard term found on the balance sheet or statement of financial position, as well as in the notes to financial statements.

References:
Spanish-English Dictionary of Law and Business - 2nd Edition
Thomas L. West III

Diccionario de Terminología Contable y Financiera Especializada /Spanish-English & Inglés-Español, published by the Instituto Mexicano de Contadores Públicos, A.C. Prof. Richard J. Cadena

Reference
Spanish-English Dictionary of Law and Business - 2nd Edition
Thomas L. West III
This dictionary has the following term:
Patrimonio neto - shareholders' equity

Over thirty years of translating from Spanish to English almost exclusively for big 4 and 2nd tier public accounting firms

Hope this helps


    Reference: http://aicpa.org
    Reference: http://imcp.org.mx
Richard Cadena
Mexico
Local time: 16:28
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 726
Grading comment
Thanks, Richard!

Peer comments on this answer (and responses from the answerer)
agree  Luis M. Sosa: I like your take. However 'changes' (rather than 'difference') is used -for the most part- in documents such as audited firnancial statements.
16 hrs
  -> Thank you, Luis. My answer is based on audited financial statements. That is precisely the point.
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1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5
opening retained earnings on difference in the (corp.) shareholders' (sole trade: owner's) equity


Explanation:
I had been tempted to agree with Richard C.'s suggestion, but then my inner book-keeping and accounting voice started niggling me....



Example sentence(s):
  • Opening retained earnings are adjusted for any changes in accounting policies and accounting errors.
  • One account within the shareholders’ equity section is retained earnings, which reports the profits earned by the company since it began.

    Reference: http://xplaind.com/970054/retained-earnings
Adrian MM.
Austria
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 75
Notes to answerer
Asker: Thanks!

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2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
by equating all the net incomes up to the beginning to the change in shareholders'equity


Explanation:
to equate...…...to the change-- = determinandose……...por diferencia--

beginning =beginning of the fiscal year-

Francois Boye
United States
Local time: 18:28
Native speaker of: Native in FrenchFrench
PRO pts in category: 129
Notes to answerer
Asker: Thanks!

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