Finansrapportering og årsregnskaber

Are you a financial leader looking for a practical guide to navigate the complex world of hedge accounting?Then Hedge Accounting Unlocked is for you. This book, written by hedge accounting specialist, Kevin Mitchell, provides a straightforward methodology to optimise your hedge accounting program, whether dealing with foreign exchange, interest rate, or commodity price risks.With useful templates and practical insights, Mitchell takes you on a journey to streamline the accounting process for financial derivatives, protect key financial metrics, and elevate your finance team's effectiveness. You'll discover how to save time, reduce audit fees and month-end stress, and create a more stable earnings profile for your business.The book focuses on Kevin's 'HEDGEHOG Method', which outlines eight key areas to ensure compliance with accounting standards and enhance your hedge accounting program. Real-world case studies will empower you to become a more valuable asset to your business, making Hedge Accounting Unlocked a must-have in your CFO toolkit.Don't let the complexities of hedge accounting hold you back. Master it with Hedge Accounting Unlocked and elevate your financial leadership.

This book gives an overview of the most common techniques used by analysts and experts to assess and value banks in all phases of a Bank¿s life, from licensing to resolution. These include licensing procedures, going concern market valuation techniques, liquidation, and resolution methodologies. The author sheds light on financial institutions¿ reporting and financial statements and explains how to interpret the data. Special attention is given to the different valuation approaches for financial institutions ranging from the basic PE and PBV methodologies to the more sophisticated ones such Discount cash flow (DCF), Dividend discount model (DDM), excess return models (EVA), and their variant, the warranted equity value (WEV) method. The authors also illustrate how to build a sum-of-the-parts model (SOTP) and how to treat capital in the process as well as developing a bottom-up approach for the cost of equity. The book provides numerous real-world examples which will hopefully help practitioners build their own MS Excel models. Furthermore, this publication investigates some of the critical aspects of banking M&A and its valuation implications.This book also takes a deep dive into valuation for Banks in gone concern status, describing the basis for three different types of valuation of Banks in resolution: to inform a decision on whether to put a bank into resolution; to inform the choice of resolution tools and the extent of any bail-in of liabilities; and to determine whether any creditors would have been better off had the bank gone into insolvency. Special attention is given to the valuation of non-performing loans (NPLs) and financial assets focusing on some operational aspects of winding-down a bank¿s loan and trading book portfolio.

The globalization of financial markets worldwide has progressively pushed toward simultaneous globalization of accounting information. Thus, during the last 50 years, categories of preparers, users, and regulators have devoted their efforts to support the global comparability of financial reporting aiming at favoring the comparison of corporates' financial performances at a cross-country level. In the same vein, IASB, national standard setters, and jurisdictions have participated in and given momentum to this process. At the same time, academic research has followed this process and tried to build a theoretical framework to address the related issues, to assess the impact on preparers, users, and regulators, while defining hindrances and obstacles to the comparability of financial reporting especially in an IFRS environment. In this context, this book reviews research studies on the comparability of financial reporting at a global level as well as highlights empirical analyses that demonstrate the extent to which global comparability has been achieved, and how it enhances value relevance of earnings across countries. It also looks at the cross-country investors' perspectives by shaping the empirical analysis to provide further insights on the role of the "e;Big Four"e; auditing services in enhancing the comparability of earnings. The book provides an original contribution to the current debate about the comparability of financial reporting under IFRS and will be useful for researchers in the field.

This book introduces readers to the main types of corporate sustainability practices. The first section examines both the ratings provided by international agencies and the various ESG (Environmental, Social and Government) indexes existing at 2021. In turn, the second part empirically investigates the relationship between the level of corporate sustainability and corporate financial performance among the large companies listed on the Milan Exchange FTSE-MIB 40 index for 2015-2019.The book offers a comprehensive overview of current sustainability concepts and practices and illustrates how various companies are seeking to integrate them in their competitive strategy. Further, it fills a gap in the extant literature by analysing the origins, historical evolution and structure of the main rating agencies and ESG indexes. In addition, the empirical analysis of corporate sustainability's impact on companies' financial performance reveals the importance of collegial leadership - a commonly found feature of Italian family businesses that has not been considered in previous studies - as a moderating factor for reconciling sustainability initiatives and performance at family-run firms. 

Corporate finance plays a vital role in every business as it pertains to an array of financing and investment decisions. Where most corporate finance books provide tools for public companies, this book presents new approaches and methods for planning and valuing private firms. Chapters discuss how typical valuation methods may not be perfectly adaptable to private firms and their investment decisions: in particular showing how the widely used Capital Asset Pricing Model cannot be precisely applied for the estimation of cost of equity for private companies, and the limitations of market multiples which may not match individual company features.The book suggests new ways of financial forecasting that can be better tailored to private businesses, such as by exploiting the concept of financial breakeven based on debt serviceability that departs from the more traditionally used concept of the revenue-cost breakeven. Topics including financial planning, working capital management,the cost of capital, and valuation methods are all covered. This book will be of interest to consultants, analysts and accountants working in private firms, as well as academics and students who are interested in an empirical assessment of the role of corporate finance in private businesses versus larger public companies.

This dissertation investigates the influence of large family shareholders on financial decisions and the performance of listed firms in Germany. This country is especially interesting, as the German corporate governance system is considered less investor- friendly with a limited influence of shareholders on managerial decisions. Based on the incentive structure of family blockholders and their influence in corporate boards, the four studies offer a novel approach to analyzing the financial behavior of family firms. They use a hand-collected panel dataset identifying blockholders and every board position in 278 corporations. The dissertation demonstrates that the degree of family involvement in boards significantly influences working capital and earnings management as well as stock market performance and provides contributions for academia and practitioners alike.

Planning and reporting solutions in many companies still suffer from poor data quality, are insufficiently integrated and are often time and cost intensive. This practice-oriented book shows step by step how things can be done differently. It systematically shows how modern planning and reporting systems in BI-supported controlling can be set up with the use of data warehouse and big data technology and usefully supplemented with AI-supported features. For the 4th edition, the book has been comprehensively updated. The extensive controlling cockpit example has been expanded. It now contains suggestions for the areas of corporate management (operational and strategic controlling), sales, production, purchasing and project management. In addition, the latest developments in BI-supported controlling with the support of traditional and explorative BI are highlighted, including data mining, predictive analytics, artificial intelligence, RPA, chatbots, data discovery, data visualization, app technology, self-service BI and cloud computing. Further innovations concern the topics of data quality and data modeling. The final chapter is "Mobile BI", which deals with the expansion of powerful mobile analysis and planning solutions with the help of tablets, mobile phones and other mobile devices.

In diesem Buch hinterfragt Andrea Weichand die bestehenden Reporting-Routinen. Die manuelle Arbeit im bekannten Tabellenkalkulationsprogramm Excel hat sich nicht nur etabliert, sie nimmt auch weiterhin zu. Dies ist ein großes Problem für die Innovations- und Zukunftsfähigkeit so mancher Controlling-, Sales-, oder Marketingabteilungen. Wie datenkompetent ist ein Unternehmen, wenn ein Großteil der Datenarbeit in Excel zurechtgeschustert wird? Wie schafft man es im Berufsalltag, Daten effizient und mit hoher Qualität in passende Datenprodukte zu bringen? Welche Rolle spielt die Pivot-Tabelle? Weichand beschreibt einen neuen Weg zu mehr Datenkompetenz und erklärt, warum die Prinzipien Kreativität, Strategie und Agilität so wertvoll dabei sind. Ihr Ziel ist es, all die Angestellten, die sich Tag für Tag mit ihren anstrengenden und monströsen Excel-Dateien quälen, zu ermutigen,die Datenprozesse (mit und ohne Excel) zu automatisieren,die eigene Datenkompetenz weiterzuentwickeln undeine kreative, zukunftsfähige Perspektive für agile Datenarbeit einzunehmen.

Dieses Buch fokussiert auf die Liquiditätsplanung, die die zukunftssichere und wirtschaftliche Fortführung eines Unternehmens und seine Zahlungsfähigkeit an erste Stelle stellt. Es widmet sich einer möglichst prognosegenauen Abbildung der zukünftigen Zahlungsströme des laufenden operativen Geschäftsmodells. Aufgrund der Zusammenführung von Planungsrechnungen, rechtlichen Vereinbarungen des Debitoren- und Kreditorenmanagements und Prognoseverfahren ist der Liquiditätsplan im Planungsuniversum einzigartig und sichert bei konsequenter und richtiger Anwendung die Unternehmensexistenz. Ziel dieses Praxisleitfadens ist ein konzeptionell stringentes und gleichzeitig praktisch orientiertes Planungsmodell, das mit einer beherrschbaren Toleranz Aufschluss über die Entwicklung der Liquidität des Unternehmens gibt ¿ sowohl dem Management als auch den Finanzverantwortlichen ¿, um es erfolgreich in die Zukunft zu führen.

The book describes the historical evolution and development of accounting theories and principles. Value and valuation have been reviewed extensively. The author provides a detailed comparison between historic and fair value accounting. A comprehensive review of the literature and researchers' opinions about measurement, fair value, and historical cost value will enable the readers to understand the concepts in detail. Additionally, the book includes case studies evaluating the accounting practices in Turkey and Romania to illustrate how these concepts are implemented in practice. The reader will obtain a good understanding of the local nationalized accounting systems, and up to what extent countries have adapted to IFRS. The books discusses the usage of IT tools in accounting and analyses the impact of information technology such as big data, artificial intelligence, and data analytics in the field of accounting.

Business ethics are more than moral values and principles that determine our conduct in the business universe. It refers to the commercial activities, either with other business houses or with a single customer. They can be given to all facets of the business; from generation of an approximation to its sale. Line of work uses the company for its resources and functioning, thereby obligating it to the benefit of thecompany. While the objective of all business is to draw profits, it should contribute to the interest of the company by ensuring fair practices. Still, greed has led the present business scenario towards unethical business practices, legal complications and general distrust.

This book provides a comprehensive approach to theory and modeling combined with state-of-the-art methodology. Contributions cover a broad range of topics including the links between monetary policy and capital market performance, micro- and macro- market structure and investors and issuers' behavior strategies.

This book investigates the going-concern principle in the non-financial disclosure by companies in the international scenario proposing concepts and challenges to come. Following the main accounting literature, requirements and regulations, this book proposes the current state of the art in the non-financial disclosure, collecting main mandatory and voluntary frameworks and standards (e.g. European Directive 2014/95/UE on non-financial information, Global Reporting Initiative, International Integrated Reporting Council, Sustainability Accounting Standards Board, Climate Disclosure Standard Board, Carbon Disclosure Project, AA1000). This is a useful proposition for the investigation of the presence versus absence of the going concern in the sustainability and non-financial reports and disclosure by companies. Through a qualitative methodology, this book is intended to show the incidence of the going-concern in the non-financial disclosure and to what content and meaning it is refereed.Several issues and characteristics of information provided to stakeholders are drafted.

This book explores the impact of cultural conditions on the financial reporting quality of public companies preparing financial statements according to International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS). It discusses the main trends in the theory of capital and earnings in the economy.

This book presents a comprehensive and expert-led insight into the role, types, practices and determinants of corporate narrative reporting (CNR). It provides a detailed overview of the importance of narrative disclosure in understating the full annual report and, consequently, company performance and future prospects.

Das Ziel des vorliegenden Beitrages ist es primär zu analysieren, wie die Regelungen und Wahlrechte der Richtlinie 2014/95/EU und des CSR-Richtlinie-Umsetzungsgesetzes von Unternehmen des DAX 30 und MDAX in der Praxis angewendet werden. Der Fokus wird dabei auf die Untersuchung der Berichtsthematiken und die formale Ausgestaltung der CSR-Berichte gelegt. Im Rahmen der Analyse wurden die nichtfinanziellen Konzernerklärungen und Konzernberichte des Geschäftsjahres 2020 mithilfe eines Erhebungsbogens einer standardisierten Sichtung unterzogen.Die Analyse ergab, dass die Wahlrechte der Richtlinie und des CSR-RUG teils homogen und teils heterogen ausgeübt werden. Eine Homogenität ist insbesondere bezüglich der Verwendung eines Rahmenwerkes sowie der Durchführung einer inhaltlichen Prüfung mit 'limited assurance' zu verzeichnen. Größere Unterschiede können dagegen hinsichtlich der Veröffentlichungsform, des Berichtsumfangs sowie der Anzahl wesentlicher Berichtsthematiken wie auch bezüglich der angegebenen nichtfinanziellen Leistungsindikatoren festgestellt werden.Auf Basis dieser Ergebnisse wurden darüber hinaus Kritikpunkte an den gesetzlichen Regelungen herausgearbeitet und darauf aufbauend Vorschläge zur Überarbeitung der EU-Richtlinie abgeleitet. In diesem Zusammenhang wurden zudem auch die kürzlich von der Europäischen Kommission publizierten Vorschläge zur Überarbeitung der Richtlinie dargestellt und kritisch gewürdigt.

Die IDW Textausgabe enthält die einzige offizielle deutsche Übersetzung der ISA und des ISQC 1. Diese Neuauflage umfasst die aktualisierten Fassungen sämtlicher die Abschlussprüfung betreffender ISA sowie des ISQC 1. Sie beinhaltet somit die Neuerungen aus folgenden IAASB-Projekten:- Auditor Reporting- ISA 720 (Revised)- Disclosures- NOCLAR- ISA 540 (Revised)Wie gehabt ist dem englischen Original die deutsche Übersetzung gegenübergestellt. Dies ermöglicht dem Nutzer die Arbeit mit dem deutschen Text und bei Bedarf einen Rückgriff auf den englischen Text.Wie ihre Vorauflage enthält auch diese Textausgabe eine Zusammenstellung aller in den ISA definierten Fachbegriffe mit deren Übersetzung. Das beliebte Begriffsregister in alphabetischer Reihenfolge auf Deutsch dient dem Praktiker als Unterstützung bei seinen Übersetzungsarbeiten.Käufer des aktuellen Buches können bis zum Erscheinen der nächsten Auflage auf die Online-Ausgabe kostenfrei zugreifen. Sollte die Folgeauflage des Buches unregelmäßig erscheinen und/oder über einen längeren Zeitraum nicht erscheinen ist der Verlag berechtigt die online-Ausgabe nach Vorhaltung von 2 Jahren einzustellen

"Ordenes liv skabte denne ordbog."Tredje aktualiserede udgave indeholder ændringerne i den danske årsregnskabslov 2020. Resultat- og balanceskemaet er aktualiseret. Opslagsordene er opdateret, navnlig indenfor momsområdet, hvor EU-momsreformen er taget med.Dækker sproget indenfor skat, bogføring, revision og årsopgørelse incl. IFRS. For oversættere, advokater og jurister, offentlige kontorer og erhvervslivet.Desuden er studerende, uddannelserne og universiteterne tilgodeset. Forord, vejledning og forkortelser samt over 9000 opslagsord. Med eksemplarisk oversættelse af tysk lovtekst, tysk originalt årsregnskab med balance og resultatopgørelse samt noter og påtegninger.Dr. Lars Eriksen er tysk skatte- og erhvervsjurist. Uddannet sprogmand med nordisk og tysk sprogvidenskab som speciale. Siden 2001 translatør for dansk-tysk, svensk-tysk, norsk-tysk ved OLG - Oberlandesgericht Schleswig.Umfasst die Bereiche Steuern und Umsatzsteuern, Buchhaltung, Wirtschaftsprüfung und Jahresabschluss incl. IFRS. Für Übersetzer, Anwälte und Juristen, Wirtschaftsprüfer und Steuerberater, Buchhaltung und Praxis.Vorwort, Einleitung mit Anleitung, Abkürzungsverzeichnis und mehr als 9000 Nachschlagewörter und -Verbindungen. Deutsch-dänische Gegenüberstellung der einschlägigen Bestimmungen über den Jahresabschluss aus dem HGB. Mit einer dänischen Musterübersetzung von einem deutschen originalen Jahresabschluss mit Bilanz, Gewinn- und Verlustrechnung sowie Anhang.

Vi lever i en konkurrencestat. Den stresser, øger uligheden og er de multinationale selskabers tro tjener. Den evner ikke at gøre op med en klimaødelæggende vækst. Og grøn vækst er ikke noget godt svar.Men der er en udvej: en demokratisk, rød-grøn omstillingspolitik. Den er et bud på politisk handling. Hvad vi skal leve af - på vejen til socialisme, og hvordan vi skal leve.Vi skal udvikle fællesskaberne og fortrænge de udemokratiske profitvirksomheder. Vi skal samarbejde i stedet for at konkurrere. Vi skal bytte materiel vækst ud med mere fri tid, lighed og omsorg.

”Vi flås af skattens skarpe klo”, lyder en af verselinjerne i Internationale. Men skattens skarpe klo kan også bruges i en demokratisk, rød og grøn omstillingspolitik:Afgifter kan dreje forbrugssammensætningen fra sundheds- og klimaskadelige varer til sundere og mere klimaneutrale produkter. De kan også fremme forandringer i teknologi og produktionsprocesser i en mere grøn retning.Skatte- og afgiftspolitikken kan sikre, at det ikke er de mindrebemidlede, der bærer den grønne omstillings byrde, mens de velhavende kan betale sig fra den.En rød skatte- og afgiftspolitik kan skabe større økonomisk lighed (også globalt), finansiere vækst i velfærd og hæmme samfundsskadelig finansiel spekulation.Skatteomlægninger kan anvendes til at fremme offentlige investeringer og demokratiske virksomhedsformer på bekostning af de profitdrevne, der er sat i verden for at give det maksimale udbytte til ejerne.

This book is a timely addition to the fast-growing international debate on Integrated Reporting, which offers a holistic view of the evolution and practice of Integrated Reporting.