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

IF 4.6 Q1 BUSINESS, FINANCE Accounting in Europe Pub Date : 2019-06-01 DOI:10.1080/17449480.2019.1624923
David Alexander, Clelia Fiondella, Marco Maffei, Rosanna Spanò
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引用次数: 2

Abstract

Abstract This paper acknowledges the strong debate on the incoherencies affecting the IASB system, which to date is still inconclusive in the examination of such conceptual weaknesses. We move from this awareness and focus on the debate on income presentation to detect the incoherencies of the IASB accounting system through consideration of specific example IFRSs, on the grounds that the Conceptual framework (CF) and IFRSs, considered together as a set, should all be coherent with each other. We propose a possible pathway to improve such conditions thanks to the concepts and principles of coherent accounting theory, the Italian Economia Aziendale. The paper presents the above-cited incoherencies and proposes areas of improvement and intervention, by showing the possible contribution of the Economia Aziendale theory in aligning standards and superseding incoherence, relying on the two key principles of unitary view and durability. The study extends previous debates, overcoming the lacunae deriving from the well-acknowledged strong emphasis on accounting practice which has long been at the basis of the standard setters in general and the IASB in particular. This is not only relevant for academics, but has importance for preparers, investors, and regulators.
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综合收益报告:国际会计准则理事会(IASB)制度的不一致性和德国经济的可能贡献
本文承认对影响国际会计准则理事会(IASB)系统的不一致性存在激烈的争论,迄今为止,在对此类概念弱点的审查中仍未得出结论。我们从这种意识转向关注关于收入列报的辩论,通过考虑具体的国际财务报告准则示例来发现国际会计准则理事会会计制度的不一致性,理由是概念框架(CF)和国际财务报告准则(ifrs)作为一个整体考虑,应该彼此一致。我们提出了一个可能的途径,以改善这种条件,感谢连贯会计理论的概念和原则,意大利经济。本文提出了上述不一致性,并提出了改进和干预的领域,通过展示Aziendale经济理论在统一标准和取代不一致性方面的可能贡献,依靠统一观点和持久性这两个关键原则。该研究扩展了先前的辩论,克服了公认的对会计实践的强烈强调所带来的空白,会计实践长期以来一直是标准制定者,特别是国际会计准则理事会的基础。这不仅与学术界相关,而且对财务准备者、投资者和监管机构也很重要。
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来源期刊
Accounting in Europe
Accounting in Europe BUSINESS, FINANCE-
CiteScore
5.00
自引率
7.10%
发文量
14
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