Review article

THE INTRODUCTION OF INTERNATIONAL ACCOUNTING STANDARDS IN THE ITALIAN SMALL AND MEDIUM SIZED ENTITIES

Gianfranco Capodaglio
Matteo Santi
Ivanoe Tozzi

Abstract

Considering the fact that the Italian government is ready to review both tax regulations and
civil regulations governing financial statements, the paper try to summarize the
considerations of Italian accounting science on introduction of International Accounting
Standards in the national system. Accounting changes seen in recent years are significantly
impacting the financial statements of the European companies: on one hand, listed
companies are adopting International Accounting Standards, and on the other hand, SMEs
are facing new regulations that are about to be reviewed by the Italian Government.

Keywords

IFRS; SMEs; Micro-Entities; EU Directives

Hrčak ID:

70517

URI

https://hrcak.srce.hr/70517

Publication date:

1.6.2011.

Article data in other languages: croatian

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