Literature indicates that accounting policy choices under a given set of standards is an important topic due to the different economic implications. Daske et al. (2013) suggest that firms have substantial discretion in applying IFRS. Despite the implications on how the firms apply IFRS have...

Gender equity is a topic of significant interest for universities, who are called upon to plan strategies and measures to increase gender equality in line with international policies. With a qualitative methodology based on manual content analysis, the paper aims to understand whether and how...

This paper investigates the Italian firms' disclosure in response to the new guidance on the management commentary (MC) contained in the International Financial Reporting Standard (IFRS) practice statement issued by International Accounting Standards Board (IASB) in 2010. The study is organized...

In banking industry, equity investments classified as available for sale (AFS) are a relevant portion of financial assets. According to IAS 39, they must be measured (“at” and “after” recognition) at fair value. Increases or decreases in this value have to be recognized in the other...

Fair value measurement is a traditional subject in the Anglo-Saxon accounting culture. Considering that this culture is the main basis which IASB relies on, fair value is a milestone in the IAS/IFRS too. Strong criticism has been expressed about the usefulness of this value concept and the...

This study analyzes the information conveyed by the management report for a sample of firms listed on the Italian Stock Exchange at the end of 2010. Using a self-constructed checklist, we examined the determinants affecting the extent of disclosure compliance with IASB's Management Commentary...