{"id":4401,"date":"2026-04-15T11:52:18","date_gmt":"2026-04-15T11:52:18","guid":{"rendered":"https:\/\/www.brasser-accounting.de\/?post_type=glossar&#038;p=4401"},"modified":"2026-09-07T08:59:19","modified_gmt":"2026-09-07T08:59:19","slug":"accounting","status":"publish","type":"glossar","link":"https:\/\/www.brasser-accounting.de\/en\/glossar\/bilanzierung\/","title":{"rendered":"Accounting"},"content":{"rendered":"<section id=\"definition\">\n  <div class=\"snippet info\">\n    <p><strong>Accounting<\/strong> refers to the recording, valuation and presentation of assets, liabilities and equity in a Balance sheet. It is part of financial reporting and serves to depict a company's asset and financial situation on a specific reporting date.<\/p>\n  <\/div>\n<\/section>\n\n<section id=\"bedeutung\">\n  <h2>What does Bilanzierung mean?<\/h2>\n\n  <p>The Balance sheet process involves determining which assets and liabilities are to be recognised in a Balance sheet, at what value they are to be recognised, and under which Balance sheet item they are to be reported.<\/p>\n\n  <p>The Balance sheet represents a company's assets and capital structure on a specific Balance sheet reporting date.<\/p>\n<\/section>\n\n<section id=\"elemente\">\n  <h2>Which elements belong to Bilanzing?<\/h2>\n\n  <p>The fundamental areas of Bilanzing include in particular:<\/p>\n\n  <ul>\n    <li><strong>Approach<\/strong> What assets and liabilities are recorded in the Balance sheet?<\/li>\n    <li><strong>Review:<\/strong> At what value are the individual items recorded?<\/li>\n    <li><strong>Identity card<\/strong> Under which Bilanz position are the values displayed?<\/li>\n    <li><strong>Update:<\/strong> How are changes in value taken into account up to the respective Bilanz reporting date?<\/li>\n  <\/ul>\n\n  <p>For assets under non-current assets, information from, for example, the <a href=\"\/en\/glossary\/fixed-asset-accounting\/\">Asset accounting<\/a> and changes in value due to <a href=\"\/en\/glossary\/amortisation\/\">Depreciation<\/a> to be relevant.<\/p>\n<\/section>\n\n<section id=\"bilanz-guv\">\n  <h2>Balance sheet and profit and loss statement \u2013 what's the difference?<\/h2>\n\n  <p>The Balance sheet shows assets, liabilities and equity on a specific date. The <a href=\"\/en\/glossary\/profit-and-loss-account\/\">Profit and Loss Statement<\/a> on the other hand, records income and expenses within a specific period.<\/p>\n\n  <p>Both components are connected to each other, but fulfil different functions in Annual financial statements.<\/p>\n<\/section>\n\n<section id=\"buchfuehrung\">\n  <h2>Connection with the Bookkeeping<\/h2>\n\n  <p>The Bilanzisation is based on the transactions recorded in Bookkeeping and the resulting account balances. However, it is to be distinguished from the ongoing recording of individual transactions.<\/p>\n\n  <p>The <a href=\"\/en\/glossary\/double-entry-bookkeeping\/\">Double-entry bookkeeping<\/a> thus forming an important basis for the subsequent presentation of the assets and capital positions in the Balance sheet.<\/p>\n<\/section>\n\n<section id=\"verwandte-begriffe\">\n  <h2>Related terms<\/h2>\n\n  <ul>\n    <li><a href=\"\/en\/glossary\/amortisation\/\">Depreciation (wear and tear allowance)<\/a><\/li>\n    <li><a href=\"\/en\/glossary\/fixed-asset-accounting\/\">Asset accounting<\/a><\/li>\n    <li><a href=\"\/en\/glossary\/double-entry-bookkeeping\/\">Double-entry bookkeeping<\/a><\/li>\n    <li><a href=\"\/en\/glossary\/profit-and-loss-account\/\">Profit and Loss Statement<\/a><\/li>\n  <\/ul>\n<\/section>","protected":false},"template":"","glossar-kategorien":[20],"class_list":["post-4401","glossar","type-glossar","status-publish","hentry","glossar-kategorien-finanzbuchhaltung"],"_links":{"self":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar\/4401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar"}],"about":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/types\/glossar"}],"wp:attachment":[{"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/media?parent=4401"}],"wp:term":[{"taxonomy":"glossar-kategorien","embeddable":true,"href":"https:\/\/www.brasser-accounting.de\/en\/wp-json\/wp\/v2\/glossar-kategorien?post=4401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}