The winners of the Danica Award receive DKK 30,000

Sarah Isabel Hansen and Rune Weble from Aarhus University, School of Business and Social Sciences, just received an award for having written the best Master’s thesis on the MSc programme in Business Economics and Auditing in 2013.

2013.09.25 | Birgitte Højklint Nielsen

By Lillian Hasslund

Sarah Isabel Hansen and Rune Weble from Aarhus University, School of Business and Social Sciences, just received an award for having written the best Master’s thesis on the MSc programme in Business Economics and Auditing in 2013. It is the 23rd time that the Danica Award is awarded to the most talented graduates by FSR - Danish Auditors and Danica Pension. The goal of the award is to promote research in the field of accounting.

The title of the winning Master’s thesis is ”Finanskrisetid og regnskabsmæssige skøn for IFRS-selskaber i Europa – anvendelse af tilladt resultatstyring” (“A time of financial crisis and accounting estimates in European IFRS companies - the application of earnings management”). The thesis concludes that even if accounting standards create incentive for earnings management, it cannot be evidenced that accounting standards are less sufficient in a time of financial turmoil than in other periods.

The thesis is a clear reflection of the hard work that the two graduates have done to get significant statistical data material to yield clear messages about IFRS companies’ access to and exploitation of the possibilities for earnings management.

Sarah Isabel Hansen and Rune Weble received a 12 for their excellent work - and, by the way, they were also recently married to each other.

 

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