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Jahresabschluss

annual financial statements, year-end accounts

noun YAH-res-ap-shlus Rare

Usage Note

Jahresabschluss is the set of year-end financial documents — balance sheet (Bilanz), income statement (Gewinn- und Verlustrechnung), and notes (Anhang) — that companies must prepare. Limited companies also add a Lagebericht (management report).

Examples

"Der Jahresabschluss muss vom Wirtschaftsprüfer geprüft und anschließend veröffentlicht werden."

Natural Translation

The annual accounts must be audited by the auditor and then published.

Literal Translation

The annual-statements must by-the auditor audited and afterwards published be.

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