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Public Sector Accounting and Auditing in Denmark

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Public Sector Accounting and Auditing in Europe

Part of the book series: IIAS Series: Governance and Public Management ((GPM))

Abstract

Denmark is a constitutional monarchy, which has three levels of government: national (staten), regional (regioner) and local (kommuner). In addition, since Denmark is a member of the European Union, there is the European level. At the EU level, legal harmonization is carried out through the issuance of Directives, thus far accounting harmonization has been limited to private sector accounting practices, 1 but with the development of European Public Sector Accounting Standards (EPSAS) harmonization will also be undertaken in the public sector arena (see EC, 2012a, 2012b, 2013). In addition to these three levels, Denmark also segregates out financial governance of its social funds as they follow private sector accounting standards.

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Authors
  1. Caroline Aggestam Pontoppidan
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Editor information

Editors and Affiliations

  1. University of Zaragoza, Spain

    Isabel Brusca

  2. Modena and Reggio Emilia University, Italy

    Eugenio Caperchione

  3. Athens University of Economics and Business, Greece

    Sandra Cohen

  4. University of Salerno, Italy

    Francesca Manes Rossi

Copyright information

© 2015 Caroline Aggestam Pontoppidan

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Cite this chapter

Pontoppidan, C.A. (2015). Public Sector Accounting and Auditing in Denmark. In: Brusca, I., Caperchione, E., Cohen, S., Rossi, F.M. (eds) Public Sector Accounting and Auditing in Europe. IIAS Series: Governance and Public Management. Palgrave Macmillan, London. https://doi.org/10.1057/9781137461346_4

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