Danish annual reporting

Danish GAAP

Also known as: DK-GAAP · Danske regnskabsregler

Collective shorthand for Danish accounting requirements (chiefly Årsregnskabsloven plus Danish accounting standards and practice) rather than a single standards book.

What it means

“Danish GAAP” is collective shorthand for the body of Danish accounting requirements. Unlike IFRS, it is not a single codified book of standards: it is primarily the Danish Financial Statements Act (Årsregnskabsloven), supplemented by Danish accounting guidance (notably FSR – danske revisorer's regnskabsvejledninger for class B and C companies) and generally accepted Danish accounting practice (“god regnskabsskik”).

When someone says a Danish company “reports under Danish GAAP”, they mean it follows the Financial Statements Act and the Danish standards and conventions around it, rather than full IFRS.

How it relates to nearby concepts

Danish GAAP is anchored in Årsregnskabsloven and its reporting classes. It is broadly aligned with IFRS principles but adapted to Danish law; listed companies must still use IFRS for their consolidated accounts.

Common misunderstandings

  • Danish GAAP is one published standards book: It is shorthand for the Act plus accompanying Danish standards, guidance and practice; there is no single “Danish GAAP” volume.

Sources

Last reviewed: 19 June 2026

See how Statera handles this in practice

Statera carries structure, controls and filing evidence through every reporting cycle. Request a demo to see it end to end.

Request a demo