AUTHORS: Marco Rescigno
PUBLISHING COMPANY: Gruppo Il Sole 24 Ore - Guida alla Contabilità & Bilancio

DESCRIPTION: The Italian Accounting Body has published a series of Amendments to the Accounting Standards. The experience gained by operators during the first-time application of the Italian Accounting Standards issued by the OIC (Italian Accounting Body) has made it necessary to make some changes and additions, which will be applied to financial statements starting from 1 January 2017. Significant changes were made to OIC 19 - Debts currently integrated with what was previously contained in OIC 6 - Debt restructuring and Disclosure.