Comptabilitat a Dinamarca

Accounting Rules

Tax Year

The taxable year is the calendar year or another 12-month period should the taxpayer choose to claim as such.

Accounting Standards

The accounting rules of the Scandinavian countries are very similar thanks to their closely related history and culture. All business enterprises in Denmark are covered by the Danish Financial Statements Act (DFSA) which was last amended in 2015.

Accounting Regulation Bodies

Confederation of Danish Industry

Accounting Reports

In accounting reports, intangible assets can be booked in the balance sheet or in expenses in the profit and loss account (choice of the company).
Physically fixed assets must be estimated at the original or production cost.
Current assets have to appear at the lower cost and value of the market.
Stocks are estimated with the weighted average cost or with the FIFO method.

For more information, consult the Statutory report on corporate governance by Solar.

Publication Requirements

The law refers to the notion of "good accounting methods" in regards to the procedures companies take for the elaboration of financial status.
All the companies have to send a copy of their annual report to the legal authorities of the country. This annual report must contain a profit and loss account and a balance sheet.

Professional Accountancy Bodies

Foreningen af Statsautoriserede Revisorer - Danske Revisorer , FSR - Danish Auditors is Denmark's trade organisation of auditing, accounting, tax and corporate finance

Certification and Auditing

Company audits are compulsory. Companies must be audited in accordance with the generally accepted auditing practice.

Accounting News