1,720,978 research outputs found
Le dinamiche dei valori di avviamento nei bilanci dei principali gruppi quotati italiani
No full textThe Relevance and the Dynamics of Goodwill Values Under IAS/IFRS: Empirical Evidences from the 2005-2009 Consolidated Financial Statements of the Major Companies Listed in Italy
No full textThe research aims at observing the actual effects on companies’ consolidated financial statements of the accounting treatment for goodwill as provided for by IAS/IFRS accounting standards. For this purpose, it focuses on the relevance of goodwill values in companies’ accounts (which is mainly investigated through a set of three ratios, comparing goodwill values with the total shareholders’ equity, with the total assets book value and with market capitalisation) and on the dynamics of stated goodwill values through time (observing the changes of the relevance ratios and separately analysing the effects on goodwill values of: impairment losses, mergers & acquisitions, adjustments to provisional values, dismissals, exchange differences, and other or not specified determinants).
Empirical evidences from the 350 consolidated financial statements of the 70 largest Italian listed companies for the five years 2005-2009 showed that the IAS/IFRS accounting treatment for goodwill is determining an endemic process of progressive accumulation of goodwill values in companies’ consolidated financial statements, with the capitalisation of massive goodwill values when M&As are concluded, while impairment losses tend to be insignificant, even in the presence of adverse conditions of financial markets and real economy. Looking at its actual effects on companies’ accounts, the IAS/IFRS goodwill accounting treatment appears to be at least as equally unsatisfactory as the previous treatments it has replaced
SME accounting evolution in Europe: the role of EFRAG
No full textIn this paper, it was considered appropriate to use the occasion of the current phase of great changes in SME accounting in Europe to analyse the EFRAG's main contributions to the evolution in progress. Following a mainly chronological order, the second section provides a brief summary of the key phases of the IASB 's drafting, implementation and review processes for IFRS for SMEs, highlighting EFRAG's dual role of proactive contributor to the IASB and of technical adviser to the European Commission. The third section focuses on analysis of the role played by EFRAG during the EU accounting directives' review process. The final section offers some concluding remarks on the role of EFRAG and on the possible evolution of EU governance in the field of accounting and financial reporting
Il processo decisionale nelle operazioni con parti correlate. Analisi economico- aziendale alla luce della normativa di riferimento
No full textI valori di avviamento nei bilanci dei principali gruppi quotati. Indagine empirica e brevi osservazioni alla luce dell'attuale crisi dei mercati finanziari e dell'economia reale
No full text
- …
