Regnskapsnormer

Regnskapsnormer, often translated as accounting standards, are principles and rules that dictate how financial information should be recorded, presented, and disclosed in financial statements. These norms ensure consistency, comparability, and transparency in financial reporting across different entities and over time. They are crucial for stakeholders such as investors, creditors, and regulators to make informed decisions based on reliable financial data.

The development and adoption of regnskapsnormer are typically overseen by national accounting standard-setting bodies or international organizations. The most widely recognized international framework is the International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB). Many countries have adopted IFRS or adapted their national standards to converge with IFRS.

In Denmark, for instance, regnskapsnormer are primarily governed by the Danish Financial Statements Act (Årsregnskabsloven) and often refer to or are influenced by international standards, particularly IFRS for listed companies. For smaller entities, simplified rules may apply. The core purpose of these norms is to provide a true and fair view of an entity's financial position, performance, and cash flows. Adherence to these standards enhances the credibility of financial reports and facilitates audits. Changes to regnskapsnormer are made periodically to reflect evolving business practices, economic conditions, and user needs.