Accounting & Management Control
Despite the fact that many people think that accounting practice is characterised by the mechanic application of a set of rules, Marco Trombetta believes that the only way to account properly for a transaction is to first understand the economics of it and then apply the accounting mechanics. It was this intuition that made Marco, a fully trained theoretical economist, see accounting as a way for companies to transform raw data into information useful for internal and external decision makers.
However abstract this idea may seem at the beginning, it is actually at the core of the recent developments in accounting practice. The way how companies are created, organised and managed is changing so rapidly that only a set of accounting standards and procedures that gives preference to the substance of transactions over their form, will be able to keep track with the dynamic of the business environment and will manage to get accepted internationally. This is the spirit embedded into the set of International Financial Reporting Standards and that underlines the on going process of harmonizing accounting standards around the world. And this is also the fundamental background of Professor Trombetta’s accounting teaching.
Besides his activity as a teacher and researcher, Professor Trombetta develops an activity as a consultant and in-company trainer. Moreover Marco is the Assitant Editor of the European Accounting Review, the official journal of the European Accounting Association and one of the most important academic accounting journals in the world.
• D.Phil. in Economics, University of Oxford (United Kingdom)
• “Dottorato di ricerca” in Public Economics, University of Pavia (Italy)
• Laurea (B.Sc.) in Social and Economic Sciences, magna cum laude and special distinction, “L. Bocconi” University, Milan (Italy)
• Professor of Accounting, IE Business School, 2006 to present
• Vice-Dean of Research, IE Business School, 2009 to 2019
• Director of Research. IE Business School, 2008 to 2009
• Associate Professor of Accounting and Finance, tenured, Universidad Carlos III, 2003 to 2006
• Deputy dean of the Department of Business Administration, Universidad Carlos III, 2004 to 2006
• Assistant Professor of Accounting and Finance, Universidad Carlos III, 1999 to 2003
• Lecturer in Accounting, The London School of Economics and Political Science, 1996 to 1999
• Non stipendiary lecturer in Economics, St. Hugh’s College, University of Oxford 1995 to 1996
• Teaching assistant in Quantitative Methods for Management, The Management School, University of Oxford, 1994 to 1996
• Visiting Positions at Chicago Graduate School of Business and “L. Bocconi” University, Milan (Italy)
• Invited professor for doctoral courses at the Universities of Alicante, Sevilla and Santiago de Compostela
• Bianchi, P., Carrera, N., Trombetta, M. (2019). The Effects of Auditor Social and Human Capital on Auditor Compensation: Evidence from the Italian Small Audit Firm Market. Forthcoming in European Accounting Review.
• Cameran, M., Prencipe, A., Trombetta, M. (2016). “Mandatory Audit Firm Rotation and Audit Quality”. European Accounting Review. Vol. 25(1): 35-58
• Trombetta, M. Imperatore, C. (2014). “The Dynamic of Financial Crises and its Non-Monotonic Effects on Earnings Quality”. Journal of Accounting and Public Policy, Vol. 33(3): 205-232
• Barker, R., Lennard, A., Nobes, C., Trombetta, M., Walton, P. (2014) “Response of the EAA Financial Reporting Standards Committee to the IASB Discussion Paper A Review of the Conceptual Framework for Financial Reporting”. Accounting in Europe, Vol. 11(2): 149-184