Please use this identifier to cite or link to this item: http://hdl.handle.net/2307/5118
DC FieldValueLanguage
dc.contributor.advisorD'Alessio, Lidia-
dc.contributor.authorFrancese, Umberto-
dc.date.accessioned2016-08-01T09:49:51Z-
dc.date.available2016-08-01T09:49:51Z-
dc.date.issued2015-05-15-
dc.identifier.urihttp://hdl.handle.net/2307/5118-
dc.description.abstractIn May 2011, the International Accounting Standards Board (IASB) issued a set of new International Financial Reporting Standards (IFRSs) which are effective for annual periods beginning on or after 1 January 2013: (i) IFRS 10 Consolidated Financial Statements, (ii) IFRS 11 Joint Arrangements, and (iii) IFRS 12 Disclosure of Interests in Other Entities. The European Union (Regulation No 1254/2012) endorsed these standards and it has established that each company shall apply them, at the latest, as from the commencement date of its first financial year starting on or after 1 January 2014. In particular, this thesis focuses on the new requirements established by IFRS 11. This new standard supersedes IAS 31 Interests in Joint Ventures and SIC-13 Jointly Controlled Entities – Non-Monetary Contributions by Venturers and applies to all entities that are party to a joint arrangement (while all of the disclosure requirements for joint arrangements are included in IFRS 12). By issuing IFRS 11, the IASB introduced an overhaul of the existing accounting for joint arrangements. In this regard, management should carefully evaluate the new requirements, as they may have a significant impact on how an entity can present its income statement and balance sheet. The innovations established under IFRS 11 mainly regard two aspects: (i) the classification (and the accounting requirements) now focus on rights and obligations of the parties as criteria for demarcation between joint operations and joint ventures; (ii) the accounting option for joint ventures has been eliminated; consequently, all joint ventures have to be recorded in the consolidated financial statements using the equity method (IFRS 11.24). In this regard, this thesis aims to analyse the new criteria established under IFRS 11 and to investigate its effects on consolidated financial statements. Since the application of IFRS 11 is not at full speed within the EU, complete empirical researches are not possible right now. In fact, the annual reports of the entities applying IFRS 11 are not available at this stage, so we cannot be certain about the effects of adopting the standard. However, initial empirical evidence of the effects of IFRS 11 on consolidated financial statements are provided in the last chapter of this thesis through a case study. To this end, it is illustrated how an international Group dealt with all the phases that had led to the implementation of this new standard. Moreover, thanks to the data of the Group interim financial report, it is also illustrated the impact of IFRS 11 on the main key performance indicators.it_IT
dc.language.isoenit_IT
dc.publisherUniversità degli studi Roma Treit_IT
dc.subjectconsolidatedit_IT
dc.subjectifrs 11it_IT
dc.subjectfinancial statementsit_IT
dc.titleConsolidated financial statements according to IAS/IFRS: recent innovations : what's new under IFRS 11? Evidence from an italian case studyit_IT
dc.typeDoctoral Thesisit_IT
dc.subject.miurSettori Disciplinari MIUR::Scienze economiche e statistiche::ECONOMIA AZIENDALEit_IT
dc.subject.isicruiCategorie ISI-CRUI::Scienze economiche e statistiche::Economicsit_IT
dc.subject.anagraferoma3Scienze economiche e statisticheit_IT
dc.rights.accessrightsinfo:eu-repo/semantics/openAccess-
dc.description.romatrecurrentDipartimento di Studi Aziendali*
item.fulltextWith Fulltext-
item.grantfulltextrestricted-
item.languageiso639-1other-
Appears in Collections:X_Dipartimento di Studi Aziendali
T - Tesi di dottorato
Show simple item record Recommend this item

Page view(s)

207
Last Week
0
Last month
4
checked on Mar 28, 2024

Download(s)

209
checked on Mar 28, 2024

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.