BUCHHALTUNG & BÜROKRATIE

Aktionäre entlasten den Vorstand  = shareholders have approved/granted/signed off on/discharged the actions of the board/management

Verluste und Gewinne verrechnen = earnings were applied to debts; an amount was set off against excessive personnel expenditure; the earnings decline was booked against a rise in June

in großen Konzernen werden manchmal Zahlen/Statistiken frisiert/manipuliert = although it is against the law a lot of companies still cook/cook up/concoct the books/a scheme to achieve favorable results; the practice of massaging/doctoring/fudging the figures/stats/ math(s)/numbers is widespread in the industry; there was a cloudy spot in our balance sheet; this report is a complete fabrication; in big corporations many employees are permanently busy crunching, slicing and dicing the numbers

Vorstand legt Jahresbilanz vor = the board of directors unveiled the financial figures/results

im Büro gibt es viel Papierkrieg, was viel Geld kostet = our office is confronting a mountain of red tape/paperwork;  we are drowning in reams of paperwork and ballooning costs; our office is entangled in a bureaucratic bottleneck

bei manchen Verhandlungen erstickt man in Bürokratie/Papierkram = the negotiations/ proceedings are enmeshed in a web of tangled red tape 

etwas über den kleinen Dienstweg erledigen = he said he would cut through red tape/skip some paperwork to get the license renewed   

Vollmachtserklärung wird vor der Jahresversammlung an die Aktionäre verteilt = the proxy statement was distributed to shareholders and duly filed before the annual meeting

Abschreibung beeinträchtigt Gewinn = a one-off/one-time hit/charge impacted/affected/hamstrung our earnings in the last financial year

infolge des Streiks wirkt die Bilanz verzerrt = “true, the strike distorted our stats, but  consider it just a one-time quirk”, read a statement released by the financial department