Regnskabsrammen

Regnskabsrammen is the set of rules, standards and principles that governs how financial statements are prepared, presented and disclosed. It provides the conceptual basis for recognizing, measuring, presenting and disclosing accounting information and serves to ensure that financial reports are comparable, reliable and useful to users such as investors, creditors and regulators. The framework covers what is recognised as assets, liabilities, equity, income and expenses, how these items are measured, and how information is displayed in financial statements and accompanying notes.

The components of regnskabsrammen typically include both statutory requirements and accounting standards applicable in a jurisdiction. In many countries the framework comprises national accounting legislation or regulation, such as a company law or annual accounts act, together with recognised accounting standards. For example, listed groups may report under IFRS (as adopted by the European Union) while smaller entities may use national GAAP or simplified rules. The conceptual framework underlying the standards outlines fundamental concepts such as going concern, accrual basis, faithful representation and relevance, guiding recognition and measurement decisions. Measurements may involve historical cost, fair value, impairment, and other bases depending on the standard and the item being reported.

The framework applies to both individual and consolidated financial statements and dictates the structure and disclosure required, including the balance sheet, income statement, statement of changes in equity and cash flow statements, along with notes. It is regularly updated by standard-setters and regulators to reflect new accounting issues, new business activities and evolving financial reporting needs, with the aim of improving transparency and comparability across entities and time.