Är gräset grönare på andra sidan landsgränsen?
(2022) FEKH69 20212Department of Business Administration
- Abstract
- Abstract
Title: Is the grass greener on the other side of the border? A study on the differences in the application of IFRS between Scandinavian countries.
Seminar date: 14 January 2022.
Course: FEKH69 Degree project undergraduate level, Business Administration, 15 University Credit Points.
Authors: Katarina Anagnosti, Ebba Badersten, Annie Bengtsson
Advisor: Kristina Artsberg.
Key words: IFRS 16, accounting differences, Scandinavia, application of IFRS, discount rate, interpretation of accounting standards.
Research question: Does the way to apply and interpret IFRS 16 differ between the countries in Scandinavia?
Purpose: The purpose of the study is to investigate how an IFRS standard with different interpretation... (More) - Abstract
Title: Is the grass greener on the other side of the border? A study on the differences in the application of IFRS between Scandinavian countries.
Seminar date: 14 January 2022.
Course: FEKH69 Degree project undergraduate level, Business Administration, 15 University Credit Points.
Authors: Katarina Anagnosti, Ebba Badersten, Annie Bengtsson
Advisor: Kristina Artsberg.
Key words: IFRS 16, accounting differences, Scandinavia, application of IFRS, discount rate, interpretation of accounting standards.
Research question: Does the way to apply and interpret IFRS 16 differ between the countries in Scandinavia?
Purpose: The purpose of the study is to investigate how an IFRS standard with different interpretation possibilities is used and experienced in practice within Scandinavia. With the study, the authors want to contribute knowledge for the application and implementation of future standards.
Methodology: The study has a qualitative research design based on case studies of seven Scandinavian companies listed on the stock exchange. Data was collected through semi-structured interviews and from each company’s annual report. As ground for the data analysis, theories were collected through a literature search in different databases.
Theoretical perspectives: The starting point of the study is a theoretical framework based on previous research about whether there are differences between countries and/or companies that can have an impact on the accounting. Furthermore, the thesis has also studied the possibility of subjective interpretations of the standard and whether there is room for possible manipulation of figures in the presentation of IFRS 16.
Results: All companies that have been interviewed apply the marginal borrowing rate to determine the discount rate, and only two companies occasionally use the implicit interest rate for certain leasing agreements. Several companies follow the advice of auditors and external experts when implementing a model for determining the discount rate. All companies believe that IFRS 16 has become easier to understand over time and that, in case of difficulty in understanding the standard, they turn to external advisers, discussion forums and the IFRS practical guidelines. There are divided opinions on whether the discount rate can be manipulated and whether accounting strategies differ between companies or countries.
Conclusions: There are no clear results that any country interprets or applies the leasing standard differently than the other countries within Scandinavia. Instead it is the standard itself that provides scope for interpretations and it may therefore differ between companies, due to the size of leasing liabilities. (Less) - Abstract (Swedish)
- Sammanfattning
Examensarbetets titel: Är gräset grönare på andra sidan landsgränsen? En studie om skillnad i tillämpning av IFRS mellan skandinaviska länder.
Seminariedatum: 14 januari 2022.
Ämne/kurs: FEKH69 Examensarbete i redovisning på kandidatnivå, 15 högskolepoäng.
Författare: Katarina Anagnosti, Ebba Badersten, Annie Bengtsson
Handledare: Kristina Artsberg.
Nyckelord: IFRS 16, redovisningsskillnader, Skandinavien, tillämpning IFRS, diskonteringsränta, tolkning av redovisningsstandarder.
Forskningsfråga: Skiljer sig sättet att tillämpa och tolka IFRS 16 mellan länderna i Skandinavien?
Syfte: Studiens syfte är att undersöka hur en IFRS standard med tolkningsmöjligheter används och upplevs i praktiken inom... (More) - Sammanfattning
Examensarbetets titel: Är gräset grönare på andra sidan landsgränsen? En studie om skillnad i tillämpning av IFRS mellan skandinaviska länder.
Seminariedatum: 14 januari 2022.
Ämne/kurs: FEKH69 Examensarbete i redovisning på kandidatnivå, 15 högskolepoäng.
Författare: Katarina Anagnosti, Ebba Badersten, Annie Bengtsson
Handledare: Kristina Artsberg.
Nyckelord: IFRS 16, redovisningsskillnader, Skandinavien, tillämpning IFRS, diskonteringsränta, tolkning av redovisningsstandarder.
Forskningsfråga: Skiljer sig sättet att tillämpa och tolka IFRS 16 mellan länderna i Skandinavien?
Syfte: Studiens syfte är att undersöka hur en IFRS standard med tolkningsmöjligheter används och upplevs i praktiken inom Skandinavien. Genom studien vill författarna bidra med kunskap för tillämpning och implementering av framtida standarder.
Metod: Studien har en kvalitativ forskningsdesign som bygger på fallstudier av sju börsnoterade skandinaviska bolag. Data samlades in med hjälp av semistrukturerade intervjuer samt respektive företags årsredovisning. Genom litteratursökning i olika databaser togs teori fram som underlag till analys av all data som insamlats.
Teoretiska perspektiv: Studien tar utgångspunkt i ett teoretiskt ramverk som grundar sig på tidigare forskning kring skillnader mellan länder och/ eller företag som kan påverka hur redovisningen ser ut. Vidare har uppsatsen även studerat möjligheten till subjektiva tolkningar av standarden och om det finns utrymme för eventuell manipulation av siffror i redovisningen av IFRS 16.
Resultat: Samtliga företag som har intervjuats tillämpar den marginella upplåningsräntan för att fastställa diskonteringsräntan, och endast två företag använder emellanåt implicit ränta för vissa leasingavtal. Flera företag följer råd från revisorer och externa experter vid implementering av en modell för fastställandet av diskonteringsräntan. Samtliga företag anser att IFRS 16 har blivit lättare att förstå med tiden och att de, vid svårigheter att förstå standarden, vänder sig till externa rådgivare, diskussionsforum och IFRS praktiska riktlinjer. Det råder delade meningar om diskonteringsräntan kan manipuleras och om redovisningsstrategier skiljer sig mellan företag eller land.
Slutsats: Det finns inga tydliga resultat där någon av företagen landsvis tolkar eller tillämpar leasingstandarden annorlunda. Slutsatsen är istället att standarden i sig ger utrymme för tolkningar och att företag därför kan skilja sig mot andra företag, på grund av storlek på leasingskulder. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9074723
- author
- Bengtsson, Annie LU ; Anagnosti, Katarina LU and Badersten, Ebba LU
- supervisor
- organization
- alternative title
- En studie om skillnad i tillämpning av IFRS 16 mellan skandinaviska länder
- course
- FEKH69 20212
- year
- 2022
- type
- M2 - Bachelor Degree
- subject
- keywords
- IFRS 16, accounting differences, Scandinavia, application of IFRS, discount rate, interpretation of accounting standards
- language
- Swedish
- id
- 9074723
- date added to LUP
- 2022-02-23 14:43:40
- date last changed
- 2022-02-23 14:43:40
@misc{9074723, abstract = {{Abstract Title: Is the grass greener on the other side of the border? A study on the differences in the application of IFRS between Scandinavian countries. Seminar date: 14 January 2022. Course: FEKH69 Degree project undergraduate level, Business Administration, 15 University Credit Points. Authors: Katarina Anagnosti, Ebba Badersten, Annie Bengtsson Advisor: Kristina Artsberg. Key words: IFRS 16, accounting differences, Scandinavia, application of IFRS, discount rate, interpretation of accounting standards. Research question: Does the way to apply and interpret IFRS 16 differ between the countries in Scandinavia? Purpose: The purpose of the study is to investigate how an IFRS standard with different interpretation possibilities is used and experienced in practice within Scandinavia. With the study, the authors want to contribute knowledge for the application and implementation of future standards. Methodology: The study has a qualitative research design based on case studies of seven Scandinavian companies listed on the stock exchange. Data was collected through semi-structured interviews and from each company’s annual report. As ground for the data analysis, theories were collected through a literature search in different databases. Theoretical perspectives: The starting point of the study is a theoretical framework based on previous research about whether there are differences between countries and/or companies that can have an impact on the accounting. Furthermore, the thesis has also studied the possibility of subjective interpretations of the standard and whether there is room for possible manipulation of figures in the presentation of IFRS 16. Results: All companies that have been interviewed apply the marginal borrowing rate to determine the discount rate, and only two companies occasionally use the implicit interest rate for certain leasing agreements. Several companies follow the advice of auditors and external experts when implementing a model for determining the discount rate. All companies believe that IFRS 16 has become easier to understand over time and that, in case of difficulty in understanding the standard, they turn to external advisers, discussion forums and the IFRS practical guidelines. There are divided opinions on whether the discount rate can be manipulated and whether accounting strategies differ between companies or countries. Conclusions: There are no clear results that any country interprets or applies the leasing standard differently than the other countries within Scandinavia. Instead it is the standard itself that provides scope for interpretations and it may therefore differ between companies, due to the size of leasing liabilities.}}, author = {{Bengtsson, Annie and Anagnosti, Katarina and Badersten, Ebba}}, language = {{swe}}, note = {{Student Paper}}, title = {{Är gräset grönare på andra sidan landsgränsen?}}, year = {{2022}}, }