Reporting Comprehensive Income: The Incoherencies of the IASB System and the Possible Contribution of Economia Aziendale

References

• Alexander, D., Adamo, S., Di Pietra, R., & Fasiello, R. (2017). The history and tradition of accounting in Italy. London: Routledge. ISBN 978-1-138-67150-8.
   Google Scholar
• Alexander, D., & Archer, S. (2003). On economic reality, representational faithfulness and the ‘true and fair’ override. Accounting and Business Research, 33(1), 3–17. doi: 10.1080/00014788.2003.9729628
   Google Scholar
• Amaduzzi, A. (1953). L’azienda nel Suo Sistema e Nell’ordine delle Sue Rilevazioni. Torino: Utet.
   Google Scholar
• Amodeo, D. (1960). Le Gestioni Industriali Produttrici di Beni. Torino: Utet.
   Google Scholar
• Antonelli, V., Boyns, T., & Cerbioni, F. (2009). The development of cost accounting in Italy, c.1800 to c.1940. Accounting History, 14(4), 465–507. doi: 10.1177/1032373209342478
   Google Scholar
• Arthur, A. (2004). A true account. Accounting Forum, 28, 369–384. doi: 10.1016/j.accfor.2004.08.001
   Google Scholar
• Barker, R. (2004). Reporting financial performance. Accounting Horizons, 18(2), 157–172. doi: 10.2308/acch.2004.18.2.157
   Google Scholar
• Barker, R. (2010). On the definitions of income, expenses and profit in IFRS. Accounting in Europe, 7(2), 147–158. doi: 10.1080/17449480.2010.511892
   Google Scholar
• Barker, R., Lennard, A., Nobes, C., Trombetta, M., & Walton, P. (2014). Response of the EAA financial reporting standards committee to the IASB discussion paper. A review of the conceptual framework for financial reporting. Accounting in Europe, 11(2), 149–184. doi: 10.1080/17449480.2014.940356
   Google Scholar
• Barker, R., & Teixeira, A. (2018). Gaps in the IFRS conceptual framework. Accounting in Europe, 15, 153–166. doi: 10.1080/17449480.2018.1476771
   Web of Science ®Google Scholar
• Bayou, M. E., Reinstein, A., & Williams, P. F. (2011). To tell the truth: A discussion of issues concerning truth and ethics in accounting. Accounting, Organizations and Society, 36(2), 109–124. doi: 10.1016/j.aos.2011.02.001
   Web of Science ®Google Scholar
• Bengtsson, E. (2011). Repoliticalization of accounting standard setting – The IASB, the EU and the global financial crisis. Critical Perspectives on Accounting, 22(6), 567–580. doi: 10.1016/j.cpa.2011.04.001
   Google Scholar
• Brouwer, A., Hoogendoorn, M., & Naarding, E. (2015). Will the changes proposed to the conceptual framework’s definitions and recognition criteria provide a better basis for IASB standard setting? Accounting and Business Research, 45(5), 547–571.
   Web of Science ®Google Scholar
• Caldarelli, A., Fiondella, C., Maffei, M., Spanò, R., & Zagaria, C. (2014). Banking for the common good. A case study. International Journal of Business Governance, and Ethics, 9(4), 330–355. doi: 10.1504/IJBGE.2014.066271
   Google Scholar
• Capalbo, F., & Clarke, F. (2006). The Italian Economia Aziendale and Chambers’ CoCoA. Abacus, 42(1), 66–86. doi: 10.1111/j.1467-6281.2006.00191.x
   Web of Science ®Google Scholar
• Catturi, G. (2003). Valori etici e principi economici: Equilibrio possibile. Studi e Note di Economia Aziendale, 3, 7–37.
   Google Scholar
• Cavalieri, E. (2010). Le Nuove Dimensioni dell’equilibrio Aziendale. Contributo alla Rivisitazione della Teoria. Torino: Giappichelli.
   Google Scholar
• CFA Institute comment letter on Financial Instruments: Expected Credit Losses - Impairments. (2013). last view at https://www.cfainstitute.org/learning/products/publications/commentletters/Pages/09102013_91340.aspx
   Google Scholar
• Cooper, S. (2007). Performance measurement for equity analysis and valuation. Accounting in Europe, 4(1), 1–49. doi: 10.1080/17449480701491430
   Google Scholar
• Costa, E., & Ramus, T. (2012). The Italian Economia Aziendale and Catholic social teaching: How to apply the common good principle at the managerial level. Journal of Business Ethics, 106(1), 103–116. doi: 10.1007/s10551-011-1056-x
   Web of Science ®Google Scholar
• Dagnino, G. B., & Quattrone, P. (2006). Comparing institutionalisms. Gino Zappa and John R. Commons’ accounts of ‘institution’ as a groundwork for a constructive view. Journal of Management History, 12(1), 36–52. doi: 10.1108/13552520610638265
   Google Scholar
• EFRAG. (2013a). Getting a better framework: Prudence. Brussels: EFRAG.
   Google Scholar
• EFRAG. (2013b). Getting a better framework: The role of the business model in financial reporting. Brussels: EFRAG.
   Google Scholar
• EFRAG. (2015). EFRAG’s 2015 proactive agenda consultation. Brussels: EFRAG.
   Google Scholar
• European Parliament and Council. (2002). Regulation (EC) No. 1606/2002 of the European Parliament and of the Council of 19 July 2002 on the application of international accounting standards: Official Journal of the European Communities. L 243, 11 September 2002, pp. 1–4 (the IAS Regulation).
   Google Scholar
• Fiondella, C., Maffei, M., Spanò, R., & Zagaria, C. (2016). Common good disclosure. A framework for analysis. In O. Lehner (Ed.), Routledge Handbook of social and Sustainable Finance (pp. 499–513). London: Routledge.
   Google Scholar
• Gwilliam, D., & Jackson, R. H. G. (2008). Fair value in financial reporting: Problems and pitfalls in practice. A case study analysis of the use of fair valuation in Enron. Accounting Forum, 32, 240–259. doi: 10.1016/j.accfor.2008.01.003
   Google Scholar
• Hoogervorst, H. (2012). Dispelling myths about IFRS: Introductory remarks by Hans Hoogervorst, chairman of the IASB. IFRS Foundation. Retrieved from http://www.ifrs.org/Features/Pages/Dispelling–myths–about–IFRS.aspx
   Google Scholar
• IASB. (2013). Discussion paper: A review of the conceptual framework for financial reporting 2013. Retrieved May 29, 2019 from https://www.ifrs.org/-/media/project/conceptual-framework/discussion-paper/published-documents/dp-conceptual-framework.pdf
   Google Scholar
• IASB. (2015). Exposure Draft: Conceptual Framework for Financial Reporting 2015. Retrieved May 29, 2019 from https://www.ifrs.org/-/media/project/conceptual-framework/exposure-draft/published-documents/ed-conceptual-framework.pdf
   Google Scholar
• IASB. (2018). Conceptual Framework for Financial Reporting 2018. Retrieved May 29, 2019 from https://www.ifrs.org/issued-standards/list-of-standards/conceptual-framework/
   Google Scholar
• Lee, T. A. (2006). The FASB and accounting for economic reality. Accounting and the Public Interest, 6(1), 1–21. doi: 10.2308/api.2006.6.1.1
   Google Scholar
• Macintosh, N. (2002). Accounting, Accountants and Accountability, Poststructuralist Positions. London: Routledge.
   Google Scholar
• Macintosh, N. B. (2006). Commentary-Accounting-Truth, Lies, or ‘bullshit’? A Philosophical Investigation. Accounting and the Public Interest, 6(1), 22–36. doi: 10.2308/api.2006.6.1.22
   Google Scholar
• Masini, C. (1955). La Dinamica Economica nei Sistemi dei Valori D’azienda: Valutazioni e Rivalutazioni. Milano: Giuffrè.
   Google Scholar
• Mattessich, R. (2003). Accounting representation and The Onion model of reality: A comparison with Baudrillard’s orders of simulacra and his hyperreality. Accounting Organizations and Society, 28(5), 443–470. doi: 10.1016/S0361-3682(02)00024-7
   Web of Science ®Google Scholar
• Maystadt, P. (2013). (Maystadt Report), Should IFRS Standards be more ‘European’?, October 2013. Available on the internet at http://ec.europa.eu/internal_market/accounting/docs/governance/reform/131112_report_en.pdf
   Google Scholar
• Melis, A. (2007). Financial statements and positive accounting theory: The early contribution of Aldo Amaduzzi. Accounting, Business & Financial History, 17(1), 53–62. doi: 10.1080/09585200601127640
   Google Scholar
• Näsi, S., Saccon, C., Wüstemman, S., & Walton, P. (2014). European account ing theory: Evolution and evaluation. In C. Van Mourik & P. Walton (Eds.), The Routledge Companion of accounting, reporting and regulation (pp. 72–92). Routledge.
   Google Scholar
• Newberry, S. (2003). Reporting performance: Comprehensive income and its components. Abacus, 39(3), 325–339. doi: 10.1111/j.1467-6281.2003.00136.x
   Google Scholar
• Nobes, C. (2015). Accounting for capital: The evolution of an idea. Accounting and Business Research, 45(4), 413–441. doi: 10.1080/00014788.2015.1033130
   Web of Science ®Google Scholar
• Onida, P. (1951). Il Bilancio di Esercizio delle Imprese. Milano: Giuffrè.
   Google Scholar
• Onida, P. (1971). Economia d’azienda, ristampa del 2008. Milanofiori Assago: Utet Giuridica.
   Google Scholar
• Page, M. (2014). Business models as a basis for regulation of financial reporting. Journal of Management & Governance, 18(3), 683–695.
   Google Scholar
• Roberts, D. L., Staunton, J. J., & Hagan, L. L. (1995). Accounting for self-generating and regenerating assets. Discussion Paper No. 23. Caulfield: Australian Accounting Research Foundation.
   Google Scholar
• Searle, J. (1995). The construction of social reality. London: Penguin Press.
   Google Scholar
• Shapiro, B. (1997). Objectivity, relativism and truth in external financial reporting: What’s really at stake? Accounting Organizations and Society, 22(2), 165–185. doi: 10.1016/S0361-3682(96)00017-7
   Web of Science ®Google Scholar
• SIDREA. (2009). La Ragioneria e l’Economia Aziendale: Dinamiche Evolutive e Prospettive di Cambiamento. Milano: FrancoAngeli.
   Google Scholar
• Signori, S., & Rusconi, G. (2009). Ethical thinking in traditional Italian Economia Aziendale and the stakeholder management theory: The search for possible interactions. Journal of Business Ethics, 89, 303–318. doi: 10.1007/s10551-010-0391-7
   Web of Science ®Google Scholar
• Sutton, D. B., Cordery, C. J., & van Zijl, T. (2015). The purpose of financial reporting: The case for coherence in the conceptual framework and standards. Abacus, 51(1), 116–141. doi: 10.1111/abac.12042
   Web of Science ®Google Scholar
• Tessitore, A. (2006). Documenti predisposti a supporto del gruppo di lavoro sulla ‘cultura aziendale’. In Appunti per un Dibattito sulla Cultura Aziendale (pp. 13–37). Roma: SIDREA.
   Google Scholar
• Van Cauwenberge, P., & De Beelde, I. (2007). On the IASB comprehensive income project: An analysis of the case for dual income display. Abacus, 43(1), 1–26. doi: 10.1111/j.1467-6281.2007.00215.x
   Web of Science ®Google Scholar
• Van Mourik, C. (2014). The equity theories and the IASB conceptual framework. Accounting in Europe, 11(2), 219–233. doi: 10.1080/17449480.2014.949278
   Google Scholar
• Van Mourik, C., & Katsuo, Y. (2018). Profit or loss in the IASB conceptual framework. Accounting in Europe, 15(2), 167–192.
   Web of Science ®Google Scholar
• Viganò, E. (1996). L’economia Aziendale e la Ragioneria. Evoluzione – Prospettive Internazionali. Padova: Cedam.
   Google Scholar
• Viganò, E. (1998). Accounting and business economics traditions in Italy. The European Accounting Review, 7(3), 381–403. doi: 10.1080/096381898336349
   Google Scholar
• Viganò, E., & Mattessich, R. (2007). Accounting research in Italy: Second half of the 20th century. Review of Accounting and Finance, 6(1), 24–41. doi: 10.1108/14757700710725449
   Google Scholar
• Walton, P. (2018). Discussion of Barker and Teixeira ([2018]. Gaps in the IFRS Conceptual Framework. Accounting in Europe, 15) and Van Mourik and Katsuo ([2018]. Profit or loss in the IASB Conceptual Framework. Accounting in Europe, 15.
   Google Scholar
• Whittington, G. (2008). Fair value and the IASB/FASB conceptual framework project: An alternative view. Abacus, 44(2), 139–168. doi: 10.1111/j.1467-6281.2008.00255.x
   Web of Science ®Google Scholar
• Zambon, S., & Saccon, C. (1993). Accounting change in Italy: Fresh start or Gattopardo’s revolution? The European Accounting Review, 2(1), 245–284. doi: 10.1080/09638189300000021
   Google Scholar
• Zambon, S., & Zan, L. (2000). Accounting relativism: The unstable relationship between income measurement and theories of the firm. Accounting Organizations and Society, 25(8), 799–822. doi: 10.1016/S0361-3682(98)00035-X
   Web of Science ®Google Scholar
• Zappa, G. (1927). Tendenze Evolutive Negli Studi di Ragioneria. Milano: Istituto Editoriale Scientifico.
   Google Scholar
• Zappa, G. (1937). Il Reddito di Impresa. Scritture Doppie, Conti e Bilanci delle Aziende Commerciali. Milano: Giuffrè.
   Google Scholar
• Zappa, G. (1956). Le Produzioni Nell’economia delle Imprese. Milano: Giuffrè.
   Google Scholar