Revisors rolle i forbindelse med rekonstruktion: Med fokus på revisors uafhængighed

Thomas Beltrão Andersen & Lasse Bo Schneller

Studenteropgave: Kandidatafhandlinger


In relation to the reconstruction of companies, an auditor often plays a vital part in obtaining the basis of information needed. In this context, the role of the auditor is two-fold; i.e. partly as is-suer of the independent auditing report, and partly as counselor or provider of technical account-ing assistance. Despite the fact that company reconstruction is often viewed as the preferred solution, in prac-tice only a few reconstructions result in a successful outcome. The Danish Bankruptcy Commit-tee (Konkursrådet) has in December 2009 issued a white paper on reforming the existing bank-ruptcy act. Among other things, this paper presents a new conceptual framework about recon-struction and specifies a well-defined role of an accounting expert representative, which is evi-dently suitable for an auditor. Subsequently, a draft Bill has been introduced in March 2010. The overall goal of our thesis is to produce a comprehensive normative presentation of the role of an auditor in relation to the company reconstruction process with emphasis on identifying relevant threats against the independence of the auditor. We primarily explore this research area in the view of existing regulation and practice. Howev-er, we also incorporate the most innovative tendencies and regulatory changes presented in the white paper of the recent Danish Bankruptcy Committee. During our research, we have focused especially on the possible threats to the independence of the auditor as an effect of the work related to reconstruction. In relation to these independence issues we assume that the auditor participating in the reconstruction process has signed the latest annual report of the company. In order to analyze and evaluate the possible threats to the auditor’s independence during a re-construction process, we first investigate the process carefully, categorize it in phases, and asses related issues in each phase individually. From this thorough analysis, we conclude in which phases the most significant threats are likely to occur. Finally, we comment on how the possible threats may well be affected by the new suggestions presented in the white paper. We thereby shed light on contemporary relevant issues and limitations in an auditor’s work related to the reconstruction of a struggling company.

UddannelserCand.merc.aud Regnskab og Revision, (Kandidatuddannelse) Afsluttende afhandling
Antal sider133