Hvordan påvirker erklæringerne og de underskrivende revisorer kvaliteten af de udsatte regnskaber pr. 31.12.2014?

Jan Dyhr

Student thesis: Master thesis


The Msc thesis looks at companies who are in the risk zone with a solvency and liquidity ratio under 6%, which mainly consist of ApS companies. The thesis looks only at companies with an accounting period from January to December 2014. It has taken an interest in, if there is a difference in the financial report and the accounting practice, whether none, registered or chartered accounting have signed the financial reports. The thesis have noted that there are quite a remarkable difference in especially the accounting practice between the three types of accountants. The best accounting practice where found in the reports from the charted accountants. The lowest accounting practice where found in no accounting. We can deduce that education and continuing to take courses to keep up to date in the latest in regard to accounting is imperative to keep good accounting practice. FSR has begun to take a firmer action towards the so called “bad” accountants. They have already excluded members and given warning to others. The thesis is taking a look at the coalition model in relation to the need for an accountant, but primarily level 1 of the mega theory, ‘conceptual reference frame’. Level 1 can be summed up in 3 areas: Prognoses reports, Control and Distributing tasks. To take a closer look at the financial reports, and how they differ from one another, the thesis has taken an extra interest in the different declaration types: Accounting audit, extended review, review declaration, assistance declaration and no declaration. The most used declarations were audit (51%), then assistance review (27%), no declaration (11%) and extended review (9%) last review (2%), when the companies choose not to use a chartered accountant. Accounting is often disregarded, primarily on behalf of the assistance declaration or no declaration, but there are no way of saying if they are disregarded due to the fact that the companies do not want a remark in the financial reports or not, but it is remarkable that there have been found remarks in approximately every 5th. Company. A company with a solvency-and liquidity ratio under 6% can almost never be going concern due to the inability to meet there financial obligations. In researching for the thesis’ there were found to be a comprehension gab between the banks and the ones who make the financial reports when it comes to going concern. The banks are failing in understanding what an accountant is writing in their remarks and it can be catastrophic. That could be one of the reasons why the companies hesitate to get a accountant. Due to the fact that a remark can change the outcome from positive to negative in their financial reports. It also takes a look at the size of the accounting houses, and if there are a direct link between that and how good the financial reports are. The bigger the accounting house, the better the accountants and their reports. Which again show that education and courses are the way forward, if we want to improve the standard of the reports.

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
Publication date2016
Number of pages84