K3 glossary
English term |
Swedish / K3 term |
Reference |
|---|---|---|
Swedish Annual Accounts Act |
Årsredovisningslagen (ÅRL) |
Primary Swedish legislation for accounting and reporting. |
Swedish Accounting Standards Board |
Bokföringsnämnden (BFN) |
Issues K3 and other accounting standards. |
K3 framework |
BFNAR 2012:1 |
Applicable to larger unlisted Swedish entities. |
Consolidated balance sheet |
Koncernbalansräkning |
ÅRL / K3 |
Consolidated income statement |
Koncernresultaträkning |
ÅRL / K3 |
Consolidated cash flow statement |
Koncernkassaflödesanalys |
ÅRL / K3 |
Statement of changes in equity |
Förändringar i koncernens eget kapital |
ÅRL / K3 |
Notes to consolidated accounts |
Koncernens noter |
ÅRL / K3 |
Non-controlling interest / Minority interest |
Minoritetsintresse |
K3 Ch. 9 |
Currency translation reserve |
Omräkningsdifferens |
K3 — posted within equity; not OCI. |
Closing rate |
Balansdagskurs |
K3 — applied to assets and liabilities. |
Average rate |
Genomsnittskurs |
K3 — applied to P&L accounts. |
Historical rate |
Historisk kurs |
K3 — rate at date equity component arose; fixed permanently. Not the opening rate. |
Retained earnings |
Balanserade vinstmedel |
ÅRL |
Acquisition method |
Förvärvsmetoden |
K3 Ch. 9 — mandatory for business combinations. |