Konsekvenser for større selskaber i regnskabsklasse B ved bortskaffelse af revisionspligten: En komparativ undersøgelse relateret til Erhvervs- og Selskabsstyrelsens rapport; "Rapport om revisionspligten for B-virksomheder (små selskaber)"

Karen M. Jensen & Pernille Andreasen

Student thesis: Master thesis


The background for the dissertation is the recurrent discussion of the compulsory auditing of class B businesses in Denmark. In 2005, E&S (the office/agency for trade and business) released a report based on a larger research of class B businesses and their interested parties. The aim of the report is to understand the social considerations behind the compulsory auditing of these small businesses. The majority of the respondents in the report by E&S were smaller businesses, characterised by amongst others low turnover and a limited number of employees. On the basis of this report, along with trends in other EU member states, the requirement for the auditing of the smallest class B business was removed. The threshold for classification of class B businesses has changed since 2005 and according to the EU directive 4 the individual member states retain the right to remove the obligation for the auditing of class B businesses. Here, we argue for a further investigation of the social consequences of raising the threshold for the auditing exemption to the maximum. The respondents in the inquiry on which this dissertation is based have been chosen from the largest class B businesses that were moved from class C in the latest changes of the threshold. Characteristics of this class of businesses include a high turnover and large numbers of employees, amongst other. The results from the inquiry and from interviews held with interested parties have been analysed consistent with the businesses' and their interested parties' demand for auditing and the validation of the accounts which an audit (auditing requirement) provides. The outcomes are clear: the larger businesses in auditing class B, including their interested parties, do not seek the removal of the auditing requirement as the perceived value of the auditor's report cannot be achieved through alternative means. Because of the extent to which the needs of the smallest and largest businesses within class B differ, the conclusion of the E&S report regarding the limited requirement for the auditing of accounts cannot therefore be extended to all businesses within class B.

EducationsMSc in Auditing, (Graduate Programme) Final Thesis
Publication date2010
Number of pages179