The falsification of accounts in Italian legislation: the latest reform and the new interpretative questions

Abstract

The paper examines the recent changes in Italy on the subject matter of false accounting, focusing mainly on the main interpretative issues arising from the reform carried out by Act no. 69 of 2015: the punishment of false account estimates, the concept of “relevant” and “material” regarding the facts that do not correspond with the truth and the criteria to assess the false accounting.