Indvirkning af årsregskabslovens lempelser for små virksomhede

Julie Vedel Anderson

Studenteropgave: Kandidatafhandlinger


In May 2015, the Danish Parliament adopted an amendment to the Danish Financial Statements Act with the intention to ease the financial and administrative burden on the enterprises. By this amendment, the enterprises should be able to save about 300 million a year reducing the burden substantially. As the amendment involves multiple changes, the thesis only focuses on the changes concerning the reporting class B enterprises, including micro-enterprises. The thesis examines the most important changes of the small businesses and comments on their significance to the stakeholders. After the implementation of the amendment, several enterprises will be subject to fewer accounting and disclosure requirements. The level of information in the annual reports prepared to meet the new accounting rules of reporting class B will be reduced implying a loss of information and security for the stakeholders and society in general.The restriction of the accounting requirements is strongly criticised. The critics argue that the amendment will lead to a derived increase in the administrative and financial burden on both the financial statement users and the enterprises. To minimise the information loss and the asymmetrical information they state that some stakeholders will ask for the disclosures by further reporting. The additional administration will move the burden from the preparation of the annual report to the reporting. By doing so the enterprises will not achieve any savings as a whole. Further, the bankers’ credit rating will be affected negatively and the interest will increase accordingly. The calculated savings of 300 million are assessed as being unrealistic and the easing of the financial burden of smaller businesses will be insignificant. The overall conclusion is that the amendment will affect the business community unintentionally. Many enterprises will experience problems with their stakeholders. To some enterprises with a very simple structure and without external funding the amendment will create relaxations. As for the other Danish enterprises, the financial statement users’ needs for information should be considered carefully before the amendment is implemented to avoid other administrative and financial burdens. It can be concluded that the adopted amendment does not improve the conditions of the business community in general.

UddannelserCand.merc.aud Regnskab og Revision, (Kandidatuddannelse) Afsluttende afhandling
Antal sider99