This paper summarizes the results and draft conclusions of a joint research project.' The focus is on the French concept of Provisions pour risques et charges and on the UK concept of contingencies. The work included both comparative conceptual analysis and an empirical investigation of some one...

<title>Abstract</title> Listed companies in the European Union are required to apply International Financial Reporting Standards (IFRS) in their consolidated accounts as of 1 January 2005. The purpose of this paper is to compare developments in France, Germany and Italy and the approaches to integrate the...