Regnskabsmæssig behandling af afledte finansielle instrumenter efter International Financial Reporting Standards 9 og forskelle til Årsregnskabsloven

Joachim Skaaning

Student thesis: Diploma thesis


This thesis paper aim to describe the relative new standard IFRS 9 regulating financial instruments and which circumstances caused the adjustment of creating the new standard on the basis of the former, IAS 39 – but not perform a detailed comparative analysis. The topic of the thesis was motivated by an increased importance of value-added financial statements and how companies should be able to present as valuable financial statements as possible. The grown interest has spawned lots of initiatives, that have resulted in the production of the above mentioned new standard. In 2014 IFRS 9 was implemented by the International Accounting Standards Board. The main goal was to decrease the many rules on the recognition and measurement of financial instruments and simplify the accounting process. IFRS 9 is divided into three faces: 1. Recognition and measurement of financial instruments 2. Impairment of financial instruments 3. Hedge accounting This thesis, more specifically, examines the main differences in the accounting standards between IFRS 9 & IAS 39 and evaluate how they contribute regarding creating value-added financial statements for the users here for. Furthermore this thesis will provide a guidance on to account for hedging instruments in accordance with IFRS 9 and The Danish Financial Statement Act. The analysis uses a theoretical framework that combines legitimacy theory and practical use. The results have shown that the Danish Financial Statement Act provides a very limited information regarding the entity’ shedging activities contrary to the information The International Financial Reporting Standards provides and that the requirements of classification and measurement from IAS 39 to IFRS9have simplified the areas of understanding, applying and interpreting the requirements in IFRS 9. Furthermore this thesis conclude that the changes in accordance with financial assets increases the amount of usefull information provided for the user of financial statements. Proposal of changes to the regulations in the Danish Financial Statements Act has been made throughout a cost-benefit analysis aiming to provide a more usefull information of hedging activities in financial statements of the different sizes of reporting entities.

EducationsGraduate Diploma in Accounting and Financial Management, (Diploma Programme) Final Thesis
Publication date2020
Number of pages59