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Kapitalerhaltung bei Anwendung der funktionalen Methode zur Währungsumrechnung

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  • Christoph Weber

    (Landesbank Hessen-Thüringen Girozentrale)

Abstract

Zusammenfassung Unterschiedliche Methoden zur Umrechnung ausländischer Abschlüsse für den Konzernabschluss führen zu unterschiedlichen Gewinnbeiträgen und damit zu Unterschieden inn erhaltenen Kapital in Konzernwährung. In diesem Beitrag werden für die Zeitbezugsmethode und die Stichtagskursmethode die implizit unterstellten Gleichgewichtsbeziehungen an internationalen Finanz- und Gütermärkten herausgearbeitet. Daraufhin wird anhand eines Modells zur Währungsumrechnung bei Gültigkeit des Internationalen Fisher Effekts die Auswirkung der erfolgsneutralen Behandlung von Umrechnungsdifferenzen bei Anwendung der Stichtagskursmethode auf die Kapitalerhaltung dargestellt. Die erfolgsneutrale Stichtagskursmethode ist auch bei Anwendung der funktionalen Methode, die nach IAS 21 und SFAS 52 vorgeschrieben ist, vorherrschend. Der anschließend aufgezeigte Einfluss der erfolgsneutralen Umrechnungsdifferenz aus der Währungsumrechnung auf die Konzernabschlüsse der DAX 30-Unternehmen im Geschäftsjahr 2004 verdeutlicht die Notwendigkeit, sich analytisch mit den Zusammenhängen und Ursachen auseinanderzusetzen, um eine Fehlallokation des eingesetzten Kapitals zu vermeiden.

Suggested Citation

  • Christoph Weber, 2007. "Kapitalerhaltung bei Anwendung der funktionalen Methode zur Währungsumrechnung," Schmalenbach Journal of Business Research, Springer, vol. 59(7), pages 914-937, November.
    • Handle: RePEc:spr:sjobre:v:59:y:2007:i:7:d:10.1007_bf03371727
    DOI: 10.1007/BF03371727
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    References listed on IDEAS

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    1. Beaver, Wh & Wolfson, Ma, 1982. "Foreign-Currency Translation And Changing Prices In Perfect And Complete Markets," Journal of Accounting Research, Wiley Blackwell, vol. 20(2), pages 528-550.
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    More about this item

    Keywords

    M41;

    JEL classification:

    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

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