Den værdiskabende ledelsesberetning: En analyse af strukturen med fokus på væsentlighed og relevans

Anne-Sofie Jensen

Studenteropgave: Kandidatafhandlinger


Management’s review is an important source of information about the company and its activity. The primary focus in this master thesis is how the management’s review can be structured in order to highlight relevance and materiality and thereby add more value to the users. Materiality and relevance are keywords in cutting clutter. In the preparation of the management’s review it is important to clarify the users and their demands to structure the review. Information about strategy and risks is highly prioritized by the users compared to details about corporate social responsibility and corporate governance. Information about performance, strategy and risks has to be placed in the first part of the review to maintain the users’ attention. At the same time it is important to underline relevant and material information and not place it between standard information which is unchanged from year to year. The management’s review has to reflect company specific circumstances and this will generate more value to the users of the managements review due to the fact that the information is relevant and material for the users. The standard information from the auditor’s compliance checklist has to be replaced with relevant and material information to assist the users in making economic decisions. The management has to consider the users requirements to the management’s review and at the same time comply with the regulation. Materiality is hard to define because it means different things to different users. The legislator as well has to act in regards to cutting clutter. New requirement for the management’s review has to be relevant for the users and be proportionate to the risks in the specific area otherwise the value creation is limited or nonexistent for the users. The requirements have to reflect the reality of the business and meet the users’ need for information. The companies have a responsibility to assess the information in the management’s review. More focus on materiality, relevance and structure in the management’s review and the notes can add value to the users and improve the annual report.

UddannelserCand.merc.aud Regnskab og Revision, (Kandidatuddannelse) Afsluttende afhandling
Antal sider142