The consultant´s journey

Bringing Theory to Practice - By books, articles, research and lectures

Month: January 2016

What Happened Next – Amortization Requirements

In my book ”Performance and income planning” I touched the probability of amortization requirement by legislation in Sweden. It’s well on it’s way now, with a proposition planned for the parliament on February 9, 2016. The legislation is to be effective from May 1, 2016 (which by the way is a public holiday in Sweden).

The background is that amortization of above all housing loans are comparably low in Sweden. The government now introduces a mandatory requirement of amortization for new housing loans, to be executed by banks etc providing such loans.

Web page RedovisningsHuset (Swedish):
Amorteringskravet till riksdagen i februari

Excerpt from the book (Swedish)
Resultat- och inkomstplanering
(approved by the publisher)
7.6 Långtidsutredningen 2015
EU-anpassning ÅRL - Kopia

Order the book! (Swedish)
Wolters Kluwer

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Proud Member of Swedish Publicist Club (Publicistklubben)


A life-long dream has been fulfilled, since I got my first book published 2015 and also since I now got accepted as member of the Swedish Publicist Club 🙂

I’ve been fascinated by printed media, as books and newspapers, since before I could read (and I learned to read at age five, my parents didn’t know how) and later on even more fascinated by the information possibilities of the internet.

Writing has been a part of my life as long as I remember. In my work I’ve been writing a lot of professional letters, investigations, information, news letters, lecture documentations, articles and more. But when Wolters Kluwer decided to publish my own book idea ”Performance and Income Planning” (Resultat- och inkomstplanering) it was a huge step forward. They trusted me with writing in my own style, designing the content at my will. That’s why I call it my first book, although I’ve done some voluminous work before.

And it’s getting even better, now when Wolters Kluwer ordered a second book from me ”Real Estates”.

The membership of the Swedish Publicist Club is an important symbol of my new, publicist life. Thank you for accepting me as a member 🙂


Web page of the Swedish Publicist Club:
Publicistklubben (PK)


Post December 3, 2015:
Lecture on Performance and Income Planning

Post November 3, 2015:
New Book – Real Estates

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International Mobile Operator Telenor’s Most Lucrative Market is… Thailand


Mobile Market and Accounting

Mobile market in ASEAN is developing fast, and with the big populations of the member states there’s always a question of huge numbers. And what’s that got to do with accounting?

We’ve already seen for some years a shift of focus in western countries such as Sweden, from computers to mobiles. This shift has pushed manufacturers of accounting and analysing software, banking services etc to develop products for mobiles to an increasing extent. Above all, the younger entrepreneurs demands access to accounting and other business matters in their mobiles, rather than in a clumsy computer.

I see a close connection between developing accounting standards for SME within ASEAN and adjusting from start for digital performance based on mobile technique, since smart phones nowadays are widely spread among Asian people, probably to a much higher extent than owning a computer.

All this makes news from an international operator such as Telenor highly interesting.

Telenor sees great possibilities

Telenor is one of the world’s major mobile operators with close to 200 million subscribers in 13 markets. Telenor is majority-owned by the Norwegian state, but half of the revenue comes from Asia and the largest revenue from a single market comes from Thailand – more than 14 % of the total revenue. The prospects is understandable in the perspective of following numbers.

Telenor operates in Thailand by a majority ownership in the Thai mobile operator DTAC, which is the second largest operator in the country with 25 million subscribers of a population of 68 million. DTAC provides both 3G and 4G.

Within the ASEAN Community Telenor operates, apart from Thailand, also in Malaysia (DiGi) and Myanmar (Telenor).

DiGi is the third largest operator in Malaysia with 12 million subscribers of a population of 30 million. DiGi provides both 3G and 4G, and has Malaysia’s widest network of 4G.

In Myanmar Telenor also have 12 million subscribers of a population of 54 million, but there’s no ranking yet for this new market. Telenor provides 2G and 3G in Myanmar initially.

For each country the number of subscribers applies to the third quarter of 2015, and the population sizes applies to 2015.

Digitalized administration

The background described above shows good conditions for developing and providing digital services connected to business administration, including accounting and reporting. Will the ASEAN legislators make use of this?


Bangkok Post 2016-01-09: Telenor maintains Thai ties

Telenor: Webpage

World Population Review: Country Populations 2015

2016-01-22 5 Foto Mobilanvändare thLEGE71Z4


January 24, 2016

Mr. Marcus Adaktusson, Head of Communication Asia, commented to me yesterday that Norway “…is still the largest market for Telenor in terms of revenues (some 20 %)”. Bangkok Post has changed the related article’s wording from “the largest proportion” to “a large proportion” regarding Thailand’s contribution to Telenor.

The correction does, however, not change the interesting core message of neither the Bangkok Post article or this post!

Peter Berg, the blog author

Updating Swedish K-standards

EN summary: Extensive changes has taken effect to the Swedish Annual Accounts Act as of January 1, 2016. Now there’s a heavy workload on the governmental standard setting body, The Swedish Accounting Standards Board (Bokföringsnämnden, BFN), to update the K-standards for enterprises of different categories. A description in Swedish follows.

SW: Omfattande förändringar har trätt i kraft för årsredovisningslagen (ÅRL) den 1 januari 2016. Nu arbetar BFN med den omfattande uppgiften att uppdatera befintliga och föreslagna K-regler till ÅRL i sin nya lydelse.

Se mer om uppdateringen av ÅRL i mitt inlägg den 30 december 2015:
What Happened Then – Updated Swedish Annual Accounts Act


Dagens två versioner (aktiebolag resp ekonomisk förening) håller sedan tidigare på att slås ihop till en gemensam K2ÅR, inklusive omstrukturering där kommentarerna arbetas in i sina sammanhang i stället för att ligga i ett separat avsnitt.

Nu pågår även arbetet med att uppdatera den gemensamma K2ÅR till ÅRLs nya lydelse.

Att färdigställa den sammanslagna och uppdaterade K2ÅR prioriteras och en grov tidplan är att få fram utkast på remiss ca april 2016.


Den nya K2ÅB, för företag som upprättar årsbokslut, upprättas med K2ÅR som förebild (se kap. 7.1 BFN i min bok ”Resultat- och inkomstplanering”).

K2ÅB gick ut på remiss redan den 21 april 2015, med sista svarsdag den 30 juni 2015. Målsättningen var att fastställa K2ÅB någon eller några månader in på 2016, men det kommer nu att skjutas upp till efter att den nya K2ÅR har kunnat fastställas.

Ingen K2ÅB förrän någon gång efter sommaren med andra ord.

Thailand Promotes Single Financial Statements Practice

It’s common for small businesses in Thailand to prepare two financial statements, one real and one ”understated” for taxation.

Now the Thailand Ministry of Finance wants to enlarge the tax base and a measure to do so is to end the double financial statement practice.

Yesterday January 4, 2016, the ministry stated that small and medium-sized businesses (SME) will be given benefits if they sign up for a single financial statement practice. Signing up will be possible from January 15, 2016, to March 15, 2016 and it can be done online.

SMEs who signs up obliges to:

  • Only prepare one financial statement, a statement which shows the reality of their operation
  • Not avoid taxes
  • Pay their duties correctly

In return SMEs who signs up will get tax reliefs:

  • 2016: 0 % corporate income tax
  • 2017: 0 % corporate income tax on the first THB 300,000 of the net profit, 10 % corporate income tax on the exceeding net profit
  • Applicable for SMEs with up to THB 5 million in paid-up capital and THB 30 million in turnover

Additionally, SMEs who sign up will be exempted from backdating investigations:

  • Applicable for companies with up to THB 500 million in revenue 2015
  • On-going investigations and trials concerning tax liabilities, issuing fake tax receipts and avoided taxes before 2016 will however be completed, even for companies signing up from 2016
  • If signed-up companies fail to meet the demands they are no longer protected from new backdated investigations

The ministry will secure that banks will use financial statements from tax filings (not any other unofficial financial statements) as basis for loans and other transactions, starting from January 1, 2019.

By encouraging companies to adopt a single financial statement practice the ministry aim to achieve a sustainable tax base, showing the actual economic situation of Thailand.

The ministry also hopes that a transition to a single financial statement practice will result in statements that shows the true results and financial positions, giving the companies basis for economic decisions and planning. Wonderful words, closing to my focus on performance and income planning!

Source: Bangkok Post January 4, 2016: Two-year tax breaks for SMEs

The blog goes international

2015, my first year with this blog, has ended. Since I began in August my starting year comprises of only five months, but I already feel more than satisfied with the result.

Most of my visitors came via Facebook and LinkedIn and they visited from eleven countries, in alphabetical order Denmark, France, Great Britain, Indonesia, Italy, Norway, Spain, Sweden, Thailand, Turkey and USA.

This wide spread, already during the first months, only proves the great impact of internet and social medias.

A big thank you to all readers and I hope you’ll continue to follow what’s going on in the accounting world 🙂