regnskabsstandarder

Regnskabsstandarder are a set of accounting standards used in Denmark to prepare and present financial statements. They define how companies recognize, measure, present, and disclose financial information, with the aim of making reports comparable, reliable, and understandable across organisations and periods.

For many publicly listed or large groups, financial statements are prepared in accordance with International Financial Reporting Standards (IFRS) as required by EU regulation. For other entities, Danish regnskabsstandarder provide a national framework that is designed to be aligned with IFRS where possible, while addressing domestic reporting needs and statutory requirements under Danish law.

Regnskabsstandarder cover core areas such as revenue recognition, financial instruments, leases, business combinations and consolidation, tangible and intangible assets, impairment, employee benefits, taxes, provisions, and cash flow presentation. They also guide the presentation of the balance sheet, income statement, equity, and notes, as well as disclosure requirements.

Standard-setters in Denmark issue and update regnskabsstandarder. Updates reflect changes in IFRS and domestic practice, including revisions to the Danish Financial Statements Act and related guidance. The standards are implemented by companies and reviewed by auditors; enforcement and conformity checks are carried out by relevant authorities and supervisory bodies.

Practical impact of regnskabsstandarder is to help investors, lenders, and other stakeholders compare financial statements across companies and time. They are used by accounting professionals, auditors, and corporate managers to ensure compliance and transparency in reporting.