This question was closed without grading. Reason: Other
Apr 18, 2015 11:51
9 yrs ago
Norwegian term

Nullstilling av korridor

Norwegian to English Bus/Financial Accounting Annual Accounts
Hi - I'm having difficulty finding the correct English translation for this - corridor doesn't make sense. Thanks for your help!

Nullstilling av korridor vedrørende pensjoner (se pkt. 1) gir en positiv egenkapitaleffekt vedr. utsatt skatt på MNOK 1,1 pr. 31.12.04

Proposed translations

17 hrs

corridor amortization, pension levelling method

a little uncertain about the "nullstille" and how to word it, but this should help
Example sentence:

Når det gjelder avvik og endringer i forutsetninger, tillater standarden også et alternativ med anvendelse av en spesiell utjevningsmetode («korridor») for de beløp som kan fordeles over tid.

when accounting for pensions, accumulated actuarial gains and losses are amortized to pension expense only to the extent they are outside a corridor that is 10% of the larger of the opening pension assets or accrued benefit obligation

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Reference comments

38 mins
Reference:

See "korridormetoden" in the reference.
Note from asker:
Thanks, that's exactly what I needed to know!
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