Loss anticipation

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The loss anticipation is part of the German Accounting Law . The principle of loss anticipation states that losses have to be recognized in profit or loss at the point in time at which they are foreseeable, without their actual occurrence, time and / or amount being certain. The loss anticipation is based on the imparity or prudence principle of German accounting law ( Section 252 (1) No. 4 HGB ). A specific provision in the German Commercial Code, for example, concerns the formation of provisions for potential losses .

literature

  • Marc Weindel: Principles of proper loss depreciation. Objectification concepts of the loss anticipation through unscheduled depreciation according to GoB and IFRS. Gabler, Wiesbaden 2008, ISBN 978-3-8349-1235-0 (also: Mannheim, University, dissertation, 2007).