Leasing: IFRS 16 og dens indvirkning på transportbranchen

Andreas August Hansen & Mathias Rasmussen

Student thesis: Master thesis


This thesis has been conducted in connection with, the completion of Cand. Merc. Aud at CBS.
The purpose of the following thesis is, how the consequences by the implementation of the new International Financial Reporting Standard on leases, IFRS 16, will affect company’s in/at the transport industry.
The configuration of the new standard, IFRS 16, takes-off by the large amount of criticism as the previous standard, IAS 17, has received. The criticism has primarily been about operating leases which not has being recognized in the balance sheet of the accountancy. Whit the new standard will all the lease agreements be recognized in the balance sheet, only whit few exceptions as lowvalue assets and short-term leases. With IFRS 16, is it now possible to eliminate the criticism of IAS 17.
The structure of the dissertation starts with a theoretical review of the Conceptual Framework for Financial Reporting to form a theoretical overview. Subsequently, the main reasons for the preparation of IFRS 16 will be reviewed.
Next, IFRS 16 and IAS 17 will be discussed, which will create an overview of similarities and differences between IAS 17 and IFRS 16, so there can be made a comparative analysis.
The thesis analyses three companies in the transport industry which are A.P. Møller Mærsk, DSV and Lufthansa. The analysis of the companies shows how the accounting gets affected by IFRS 16 and there will be an assessment.
Finally, there will be a discussion about the opportunities to circumvent IFRS 16 and an assessment about which circumstance in IFRS 16 there can be unclear and with subjective assessment and which impact it will have?

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
Publication date2020
Number of pages163