This is the 10526th most frequent German word.
rechnungslegung
"Rechnungslegung" means financial reporting or accounting.
Here, 'Rechnungslegung' refers to the annual presentation of financial accounts or reporting.
Die Rechnungslegung erfolgt jährlich.
The financial reporting takes place annually.
In this context, 'Rechnungslegung' relates to the legal requirement for merchants to maintain and present their financial accounts.
Jeder Kaufmann ist zur ordentlichen Rechnungslegung verpflichtet.
Every merchant is obligated to proper financial reporting.
Here, 'Rechnungslegung' is used to describe the academic field or subject concerning the study and practices of financial reporting.