This paper explores the information function of reconciliation statement between the values of financial statements and those of group. Through an empirical analysis carried out on statements drawn from a sample of 100 companies listed on the Milan Stock Exchange, have offered some observations on the ability of the schemes to satisfy the informational purposes for which they are drawn. The aim of the contribution is to increase the clarity, disclosure and comparability of reconciliation statements drawn up in order to better protect of investors. In particular, this objective is pursued through the presentation of two possible schemes that are expected to overcome the shortcomings revealed by the survey.
Keywords: Consolidated financial statement, reconciliation statement, international financial reporting standards, group, minorities, companies listed