Apportindskud, vurderingsberetning og revisors ansvar

Kenneth Brøndum

Student thesis: Master thesis


In my future work as an accountant the work considering non-cash contribution, valuation report and liability is some interesting business areas. Many company owners have a lot of possibilities considering changing their company’s profile. This report is divided into three parts. I have given some examples on how a limited company can be founded with a non-cash contribution. The Danish law opens the possibility to found a limited company without cash. You can use this method if you personally own assets where a valuation expert value the goods reliable. It is possible to use assets as tools and equipments, machinery, goodwill, etc. The method of non-cash contribution is defined as contributions of anything else than cash. When a company has decided to use a non-cash contribution it is necessary to appoint a valuation expert. I many cases accountants are appointed to this task. Accountants have the necessary professional standards to do this. Furthermore the accountants in many smaller companies have a close contact to the owners and therefore a close working relationship to the company. The accountant appointed as valuation expert has to sign the valuation report. This document is meant to increase the reliability of the contributing assets. The valuation report includes a description of the contribution assets, and the method on how the valuation expert has valued the assets. The valuation reports statement is to insure that the value of the contributing assets as a minimum is equal to the payment. When accountants are appointed as valuation experts they have a liability to do their job in accordance with generally agreed standards for accountants. Many of the rulings I have examined in this report accountants are hold responsible for not doing their job in accordance with good practice. Therefore it is important that an accountant appointed as valuation expert is aware of this. Otherwise they can incur obligations and can be fined or be liable to pay damages.

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
Publication date2011
Number of pages87