Abstract:
The study starts with a detailed description of the old accounting principle IAS 39, concerning the accounting of financial assets and liabilities, and goes on with the description of the new principle IFRS 9, which substituted IAS 39. After having considered the differences carried out by this important change, the analysis is focused on the impact of the adoption of IFRS 9 by the main italian banks, especially as far as equity and capital ratios are concerned.
