The History and Tradition of Accounting in Italy

Business & Finance, Accounting, International
Cover of the book The History and Tradition of Accounting in Italy by , Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781317206552
Publisher: Taylor and Francis Publication: July 6, 2017
Imprint: Routledge Language: English
Author:
ISBN: 9781317206552
Publisher: Taylor and Francis
Publication: July 6, 2017
Imprint: Routledge
Language: English

Italian accounting has a long and honourable tradition of theoretical and applied analysis of the accounting and reporting function, perceived and defined much more broadly than in the Anglo-Saxon tradition. The high point of this perhaps, is the creation of what is known as Economia Aziendale (EA). The antecedents, genesis and later developments are presented here in detail by highly knowledgeable specialists in the field.

EA takes as a prerequisite the necessity of the business (entity/azienda) to ensure its own long-run survival. This requires that the necessary resources are retained and preserved, so operating capital maintenance, by definition future-oriented, is essential. It requires a focus on the particular business organization, entity-specific and consistent with today's notion of the business model. Entity-specific information relevant to current and future cash flows is a necessary pre-requisite for ensuring long-run survival, which historical cost accounting, or fair value (being market-specific not entity-specific) satisfactorily achieve.

Flexibility of valuation and of reporting, always relevant to the specific asset at the specific time in the specific place, is a necessary condition for effective management. This is exactly the focus of EA and its analysis and tradition. Scholars and advanced students of international regulation and accounting, as well as accounting history, will find this an invaluable guide to a vibrant, scholarly tradition of great practical relevance today.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Italian accounting has a long and honourable tradition of theoretical and applied analysis of the accounting and reporting function, perceived and defined much more broadly than in the Anglo-Saxon tradition. The high point of this perhaps, is the creation of what is known as Economia Aziendale (EA). The antecedents, genesis and later developments are presented here in detail by highly knowledgeable specialists in the field.

EA takes as a prerequisite the necessity of the business (entity/azienda) to ensure its own long-run survival. This requires that the necessary resources are retained and preserved, so operating capital maintenance, by definition future-oriented, is essential. It requires a focus on the particular business organization, entity-specific and consistent with today's notion of the business model. Entity-specific information relevant to current and future cash flows is a necessary pre-requisite for ensuring long-run survival, which historical cost accounting, or fair value (being market-specific not entity-specific) satisfactorily achieve.

Flexibility of valuation and of reporting, always relevant to the specific asset at the specific time in the specific place, is a necessary condition for effective management. This is exactly the focus of EA and its analysis and tradition. Scholars and advanced students of international regulation and accounting, as well as accounting history, will find this an invaluable guide to a vibrant, scholarly tradition of great practical relevance today.

More books from Taylor and Francis

Cover of the book Economic Literacy and Money Illusion by
Cover of the book Violence and Politics by
Cover of the book Luigi Pirandello in the Theatre by
Cover of the book Sport and Film by
Cover of the book Participatory Creativity by
Cover of the book The Male Dancer by
Cover of the book eHealth Research, Theory and Development by
Cover of the book Borderline (Psychology Revivals) by
Cover of the book The Culture of Copying in Japan by
Cover of the book Alan Lomax by
Cover of the book Teaching Children with Dyslexia by
Cover of the book Video Ethnography by
Cover of the book Edward the Elder by
Cover of the book Ordinary in Brighton?: LGBT, Activisms and the City by
Cover of the book Stitching the World: Embroidered Maps and Women’s Geographical Education by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy