Danmark

KPMG's Insights and publications 

Better Business Reporting follows the journey to improved communication with the capital markets and the development of better business reporting frameworks and practices.

Local Focus

 Better business reporting (PDF,1 MB) Better Business Reporting - a study into the barriers to improvements in financial reporting in Denmark  (PDF 0,8 MB)

 

Annual reports remain the primary or the only source of information for many investors, whilst at the same time coming under increased criticism for their complexity, length and backward looking focus.

 

This criticism suggests that change is needed. KPMG Denmark has joined with Copenhagen Business School to conduct a research project looking at the conditions and potentials for such change.

 

Our analysis identifies several external and internal barriers that currently are holding Danish preparers back from making improvements of annual reports

 

Better Business Reporting Seminar - 5 December 2012 (PDF 1,7 MB)

 

The seminar provided an introduction into the concept of Better Business Reporting and described how key principles from the IIRC’s Integrated Reporting can be used to enhance the communication of business value in annual reports. 

 

Thomas Plenborg of Copenhagen Business School shared the key findings from their joint research project with KPMG Denmark, which examined the barriers - internal and external - to improvements in annual reporting.

 

Jan-Christian Nilsen of Erhvervsstyrelsen provided detail their approach to the application of materiality when reviewing accounts and gave an update on what is happening from at the European level regarding the application of materiality.

Global Insight

The Future of Corporate Reporting

The future of corporate reporting: towards a common vision


As the global economy continues to reform its financial system, one crucial element of reconstruction is being ignored. The corporate reporting model in its current form does not meet the needs of investors – and it’s becoming increasingly difficult for the model to meet the requirements of preparers, auditors, regulators and standard-setters.

Now is the time to begin a wide-ranging debate about what is wrong with the current model and how to change it.


KPMG thought leaders figure prominently in the report, which features a foreword by Global Chairman Michael Andrew, an introduction by Global IFRS Leader Mark Vaessen, an interview with Global Head of Audit Joachim Schindler along with interviews from ten prominent opinion leaders.

 

 

 

Performance Insights:  Better Business Reporting Issue 1 (PDF 1,8 MB)

 

In our first edition of our publication focusing on Better Business Reporting we cover the following issues:

 

  • Introduction to Integrated Reporting
  • Common questions answered
  • The business case for Integrated Reporting
  • Integrated Reporting: The South African experience
  • Making your corporate responsibility report relevant
  • Engaging with Integrated Reporting

 

 

Performance Insights:  Better Business Reporting Issue 2 (PDF 3,4 MB)

 

In our second edition of our publication focusing on the challenge of providing Better Business Reporting we cover the following issues:

 

  • How Integrated Reporting can help organizations better explain their value creation story.
  • Progress report from South Africa where Integrated Reporting is already becoming a reality
  • What does an Integrated Report look like?
  • The role of corporate responsibility reporting within an Integrated Report
  • Application of Integrated Reporting to the Public Sector
  • Relevance of Integrated Reporting to good corporate governance 
Telling your value creation story

Telling your value creation story (PDF 0,2 MB)

 

A short briefing sheet which summarizes the core principles and components of an Integrated Report.

 

International Thought Leadership

 Enhancing financial reporting Better Business Reporting: Enhancing financial reporting

 

Australia

 

This paper explores the immediate steps an organisation can take to enhance its financial reporting and improve communication with the capital markets. It outlines practical examples from ASX top 20 companies to illustrate how to communicate more clearly and better inform investors about important strategic information and business drivers.

Contact

 

Hans Peter Lindegård Buhrkal

Head of Financial Reporting Advisory Services
Phone +45 73 23 39 21

hpbuhrkal@kpmg.dk

 

 

 

David Vestengen Hopkins

Senior Manager

Phone +45 73 23 66 37

dvhopkins@kpmg.dk