Apr 11, 2015 20:53
9 yrs ago
3 viewers *
Danish term
Denmark
Punctual and precise
Native in: English 
Works in: Danish to English, Norwegian (Bokmal) to English
hvor revisor afgiver anden erklæring end revision
Danish to English
Bus/Financial
Finance (general)
This is in connection with the audit of annual accounts.
From Ledelsens regnskabserklæring:
Endvidere dækker denne regnskabserklæring eventuelle skattemæssige opgørelser, herunder specifikationer til årsregnskab, bilag til selvangivelsen eller lign., hvor revisor afgiver anden erklæring end revision. Det er vores ansvar, at disse skattemæssige opgørelser udarbejdes i overensstemmelse med gældende skattelovgivning.
I am having trouble with that phrase. Any help would be much appreciated.
From Ledelsens regnskabserklæring:
Endvidere dækker denne regnskabserklæring eventuelle skattemæssige opgørelser, herunder specifikationer til årsregnskab, bilag til selvangivelsen eller lign., hvor revisor afgiver anden erklæring end revision. Det er vores ansvar, at disse skattemæssige opgørelser udarbejdes i overensstemmelse med gældende skattelovgivning.
I am having trouble with that phrase. Any help would be much appreciated.
Proposed translations
(English)
| 1 | in which the auditor issues / renders a tax opinion separate from the audit report itself |
andres-larsen
|
Proposed translations
17 hrs
andres-larsen
Venezuela
Venezuela
Native in English
Venezuela
freelance translator
Native in: English 
Works in: Spanish to English, English to Spanish, German to English, and 3 more.
Related KudoZ points
:
73
Selected
in which the auditor issues / renders a tax opinion separate from the audit report itself
Moreover this accounting statement covers any tax assessment disclosures, including specifications for financial statements, annexes to tax returns or similar documents, ***in which the auditor issues / renders a tax opinion separate from the audit report itself***. It is our responsibility to ensure that these tax assessment disclosures are prepared in accordance with applicable tax laws.
sources:
Why Tax Opinions Are Valuable - Forbes
www.forbes.com/sites/robertwood/.../why-tax-opinions-are-va...
Jan 18, 2011 -
Robert W. Wood Contributor
I focus on taxes and litigation.
Opinions expressed by Forbes Contributors are their own.
Why Tax Opinions Are Valuable
I write a significant number of tax opinions, so I admit I’m biased about their value. Even so, it surprises me how many people pay for a tax opinion without thinking about what they are getting. Conversely, many don’t obtain a tax opinion despite a crying need.
You may have had no contact with the law or accounting firm rendering the opinion. You probably don’t think of them as looking out for your interests, as they are representing the promoter or sponsor of the investment program. Still, it’s clear you’re supposed to be impressed by the opinion. You may get your own tax adviser to formally or informally opine on it too.
Understanding a financial statement audit - PwC
download.pwc.com/.../2014-pwc-ireland-understanding-financial-statem...
Reporting
Audit opinion
The audit opinion is clearly stated as a separate paragraph in the audit report.
Auditors issue a modified audit opinion if they disagree with management about the financial statements.
Auditors can also modify the audit report without modifying the opinion by adding additional paragraphs to draw users’ attention to specific significant matters. This is widely known as an emphasis of matter paragraph.
Understanding a financial statement audit | 5
sources:
Why Tax Opinions Are Valuable - Forbes
www.forbes.com/sites/robertwood/.../why-tax-opinions-are-va...
Jan 18, 2011 -
Robert W. Wood Contributor
I focus on taxes and litigation.
Opinions expressed by Forbes Contributors are their own.
Why Tax Opinions Are Valuable
I write a significant number of tax opinions, so I admit I’m biased about their value. Even so, it surprises me how many people pay for a tax opinion without thinking about what they are getting. Conversely, many don’t obtain a tax opinion despite a crying need.
You may have had no contact with the law or accounting firm rendering the opinion. You probably don’t think of them as looking out for your interests, as they are representing the promoter or sponsor of the investment program. Still, it’s clear you’re supposed to be impressed by the opinion. You may get your own tax adviser to formally or informally opine on it too.
Understanding a financial statement audit - PwC
download.pwc.com/.../2014-pwc-ireland-understanding-financial-statem...
Reporting
Audit opinion
The audit opinion is clearly stated as a separate paragraph in the audit report.
Auditors issue a modified audit opinion if they disagree with management about the financial statements.
Auditors can also modify the audit report without modifying the opinion by adding additional paragraphs to draw users’ attention to specific significant matters. This is widely known as an emphasis of matter paragraph.
Understanding a financial statement audit | 5
4 KudoZ points awarded for this answer.
Comment: "Thank you so much for your help."
Reference comments
4 hrs
andres-larsen
Venezuela
Venezuela
Native in English
Venezuela
freelance translator
Native in: English
Works in: Spanish to English, English to Spanish, German to English, and 3 more.
Related KudoZ points
:
73
Reference:
audit report / audit opinion emphasis of matter paragraph
Understanding a financial statement audit - PwC
download.pwc.com/.../2014-pwc-ireland-understanding-financial-statem...
Reporting
Audit opinion
The audit opinion is clearly stated as a separate paragraph in the audit report. The auditor issues a ‘clean’ opinion when it concludes that the financial statements are free from material misstatement.
Modified audit opinion
An audit opinion that is not considered ‘clean’ is one that has been modified. Auditors issue a modified audit opinion if they disagree with management about the financial statements. In practice this may be unusual as the company will typically make the necessary amendments to the financial statements and disclosures rather than receive a modified opinion. The auditors will also issue a modified opinion if they have not been able to carry out all the work they feel is necessary, or if they have been
unable to gather all the evidence they need.
Auditors can also modify the audit report without modifying the opinion by adding additional paragraphs to draw users’ attention to specific significant matters. For example, if the auditors
believe that there is some aspect of the financial statements that is subject to a material degree of uncertainty—even if fully disclosed—then they may draw attention to and emphasise this in the audit report. ***This is widely known as an emphasis of matter paragraph***.
Understanding a financial statement audit | 5
download.pwc.com/.../2014-pwc-ireland-understanding-financial-statem...
Reporting
Audit opinion
The audit opinion is clearly stated as a separate paragraph in the audit report. The auditor issues a ‘clean’ opinion when it concludes that the financial statements are free from material misstatement.
Modified audit opinion
An audit opinion that is not considered ‘clean’ is one that has been modified. Auditors issue a modified audit opinion if they disagree with management about the financial statements. In practice this may be unusual as the company will typically make the necessary amendments to the financial statements and disclosures rather than receive a modified opinion. The auditors will also issue a modified opinion if they have not been able to carry out all the work they feel is necessary, or if they have been
unable to gather all the evidence they need.
Auditors can also modify the audit report without modifying the opinion by adding additional paragraphs to draw users’ attention to specific significant matters. For example, if the auditors
believe that there is some aspect of the financial statements that is subject to a material degree of uncertainty—even if fully disclosed—then they may draw attention to and emphasise this in the audit report. ***This is widely known as an emphasis of matter paragraph***.
Understanding a financial statement audit | 5
Discussion
this "auditor opinion separate from the audit report itself" could also be construed as an "emphasis of matter paragraph" (mentioned in the reference entry)