In this publication, we provide you with an overview of the most significant differences between IFRS Accounting Standards and the Danish Financial Statements Act effective from 1 January 2024.
The publication primarily focuses on recognition and measurement differences and only highlights a few of the differences in terms of disclosure and presentation.
The appendices contain an outline of the IAS® Standards and IFRS Accounting Standards which serve as interpretations of the Danish Financial Statements Act split by line items. Furthermore, the outline shows IFRIC® Interpretations within each area.
Please note that the publication only includes significant differences, and that application of this overview does not guarantee the identification of all differences. This requires a more detailed analysis of the entity's specific circumstances and transactions.
Adopted IFRS Accounting standards and IFRICs that have not yet come into force are not discussed.
