国际会计准则_国际财务报告准则对会计实务的影响：来自意大利上市公司的证据.pdfVIP

THE IMPACT OF IAS/IFRS ON ACCOUNTING PRACTICES: EVIDENCES FROM ITALIAN LISTED COMPANIES Michela Cordazzo ___________________________________________________________________________ Abstract: The European Commission has required the adoption of IAS/IFRS in order to harmonize financial reporting standards for European listed companies as of 1 January 2005. Converting to IAS/IFRS has represented much more than a change in accounting rules, and firms’ main concern has been to understand the extent to which accounting differences between national GAAP and IAS/IFRS could affect their reported performance. The purpose of the paper is to address this concern by providing empirical evidence of the nature and the size of the differences between Italian GAAP and IAS/IFRS. The total and individual differences between Italian accounting principles and IAS/IFRS are identified in the reconciliations of net income and shareholders’ equity of Italian listed companies in order to show the maj or impacts of the conversion to IAS/IFRS. The findings indicate a more relevant total impact of such a transition on net income than shareholders’ equity. The individual adj ustments show a more significant discrepancy between the two set of standards in the accounting treatment of business combination, provisions, financial instruments and intangible assets with reference to both net income and shareholders’ equity; while the individual accounting differences in income taxes, and property, plant, and equipment show a significant difference only on shareholders’ equity. Keywords: IAS/IFRS; Accounting practices; Measurement Address for correspondence: Free University of Bozen-Bolzano School of Economics and Management Via Sernesi 1 39100 Bolzano – Italy Ph 047 1 0 13496, Fax 047 1 0 13009 Email: mcordazzo @unibz.it