In this publication, we provide you with an overview of the most significant differences be-tween the Danish Financial Statements Act and IFRS standards effective from 1 January 2020.

The publication primarily focuses on recognition and measurement differences and only highlights a few of the differences in terms of disclosure and presentation.

Please note that only significant differences are included and that application of this over-view does not guarantee the identification of all differences. This will require a more detailed analysis of the entity's specific circumstances and transactions.

Adopted IFRS standards and IFRICs that have not yet come into force are not discussed.