The Impact of Law on Accounting Information System: An Analysis of IAS/IFRS Adoption in Italian Companies

  • Katia Corsi
  • Daniela Mancini
Conference paper


Recently, several laws (38/2005, 231/2001, 262/2005) have been revising the corporate internal control legislation system in Italy, consequently requiring the accounting information system (AIS) to adapt1. Accounting systems and financial reporting must comply with new law requirements which generate a “corporate impact”. The object of this paper is to examine this corporate impact. Analyzing four Italian listed companies, authors investigate the effects of the adoption of the International Accounting Standard-International Financial Reporting Standard (IAS/IFRS) on the information process, tools, accounting and procedures. The analysis shows that firms use different approaches to implement law requirements; authors develop a model to identify their determinants.


Information Asymmetry Balance Sheet Audit Firm Account Organ Institutional Isomorphism 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. 1.
    Burns T, Stalker GM (1962) The management of innovation. Tavinstock, LondonGoogle Scholar
  2. 2.
    Chandler AD (1962) Strategy and structure – chapters in the history of American industrial enterprise. MIT Press, CambridgeGoogle Scholar
  3. 3.
    Lawrence P, Lorsh J (1967) Organization and environment. Irwin, HomewoodGoogle Scholar
  4. 4.
    Thompson JD (1967) Organizations in action. McGraw-Hill, New YorkGoogle Scholar
  5. 5.
    Woodward J (1965) Industrial organization: theory and practice. Oxford University Press, LondonGoogle Scholar
  6. 6.
    Perrow C (1967) A framework for the comparative analysis of organizations. Am Sociol Rev 32(2):194–208CrossRefGoogle Scholar
  7. 7.
    Abernethy MA, Guthrie CH (1994) An empirical assessment of the “fit” between strategy and management information system design. Account Finance 34(2):49–66CrossRefGoogle Scholar
  8. 8.
    Gordon L, Miller D (1976) A contingency framework for the design of accounting information systems. Account Organ Soc 1(1):59–69CrossRefGoogle Scholar
  9. 9.
    Chenhall RH, Morris D (1986) The impact of structure, environment, and interdependence on the perceived usefulness of management accounting systems. Account Rev 61(1):16–35Google Scholar
  10. 10.
    Waterhouse J, Tiessen P (1978) A contingency framework for management accounting system research. Account Organ Soc 3(1):65–76CrossRefGoogle Scholar
  11. 11.
    Thomas AP (1991) Towards a contingency theory of corporate financial reporting systems. Account Audit Account J 4(4):40–57Google Scholar
  12. 12.
    Di Maggio PJ, Powell WW (1983) The iron cage revisited: institutional isomorphism and collective rationality in organizational fields. Am Sociol Rev 48(2):147–160CrossRefGoogle Scholar
  13. 13.
    Corsi K (2008) Il sistema di controllo amministrativo-contabile. Prospettive e dinamiche evolutive alla luce degli IAS/IFRS. Giuffrè, MilanoGoogle Scholar
  14. 14.
    Coopers & Lybrand (1997) Il sistema di controllo interno. Progetto di Corporate Governance per l’Italia. Il Sole 24. Ore, MilanoGoogle Scholar
  15. 15.
    D’Onza G (2008) Il sistema di controllo interno nella prospettiva del risk management. Giuffré, MilanoGoogle Scholar
  16. 16.
    Mancini D (2005) Le condizioni di efficacia del sistema di controllo aziendale. Qualità e sicurezza nel governo delle aziende. Giappichelli, TorinoGoogle Scholar
  17. 17.
    Andrei P (2006) L’adozione degli IAS/IFRS in Italia: impatti contabili e gestionali. Giappichelli, TorinoGoogle Scholar
  18. 18.
    Cantino V, De Valle A (2005) Impatto degli IAS/IFRS sui processi gestionali. Ipsoa, MilanoGoogle Scholar
  19. 19.
    Marchi L, Paolini A, Castellano N (2008) Principi contabili internazionali e sistemi di controllo interno. FrancoAngeli, MilanoGoogle Scholar
  20. 20.
    Eisenhardt KM (1989) Building theories from case study research. Acad Manage Rev 14(4):532–550CrossRefGoogle Scholar
  21. 21.
    Yin R (1994) Case study research. Design and methods. Sage, LondonGoogle Scholar
  22. 22.
    Franceschi Ferraris R (1998) Problemi attuali dell’economia aziendale. Giuffré, MilanoGoogle Scholar
  23. 23.
    Merlyn V, Parkinson J (1994) Development effectiveness strategies for IS organizational transition. Wiley, New YorkGoogle Scholar
  24. 24.
    Cantoni F, Mangia G (2005) Lo sviluppo dei Sistemi informative nelle organizzazioni. FrancoAngeli, MilanoGoogle Scholar
  25. 25.
    Ravagnani R (2000) Information technology e gestione del cambiamento organizzativo. Egea, MilanoGoogle Scholar
  26. 26.
    Marchi L (1993) I sistemi informativi aziendali. Giuffré, MilanoGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2010

Authors and Affiliations

  1. 1.Economy, Business and Regulations DepartmentUniversity of SassariSassariItaly
  2. 2.Business Studies DepartmentParthenope University of NaplesNaplesItaly

Personalised recommendations