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 Editor-in-chief of the Journal of Accounting and Public Policy, one of the most important academic accounting journals in the world.
• Professor of Accounting, IE University, 2006 – Present
• Vice-Dean of Research, IE University, 2009 – 2019
• Director of Research. IE University, 2008 – 2009
• Associate Professor of Accounting and Finance, tenured, Universidad Carlos III, 2003 – 2006
• Deputy dean of the Department of Business Administration, Universidad Carlos III, 2004 – 2006
• Assistant Professor of Accounting and Finance, Universidad Carlos III, 1999 – 2003
• Lecturer in Accounting, The London School of Economics and Political Science, 1996 – 1999
• Non stipendiary lecturer in Economics, St. Hugh’s College, University of Oxford 1995 – 1996
• Teaching assistant in Quantitative Methods for Management, The Management School, University of Oxford, 1994 – 1996
• Visiting Positions at Chicago Graduate School of Business, “L. Bocconi” University (Milan, Italy), LUISS University (Rome, Italy)
• Invited professor for doctoral courses at the Universities of Alicante, Sevilla and Santiago de Compostela
• D.Phil. in Economics, University of Oxford (United Kingdom), 1999
• “Dottorato di ricerca” in Public Economics, University of Pavia (Italy), 1996
• Laurea (B.Sc.) in Social and Economic Sciences, magna cum laude and special distinction, “L. Bocconi” University, Milan (Italy), 1992
• Columbano, C., Trombetta, M. (2022), “When do Governments ‘Go Dark’? Evidence on Governments’ Disclosure Choices in Periods of Uncertainty”, European Accounting Review, Vol. 31(5), 1119-1148
• Trombetta, M. (2021). “Financial Reporting and Macroeconomics”. The European Journal of Finance
• Bianchi, P., Carrera, N., Trombetta, M. (2020). “The Effects of Auditor Social and Human Capital on Auditor Compensation: Evidence from the Italian Small Audit Firm Market”. European Accounting Review, Vol. 29 (4): 699-721
• Trombetta, M. (2019). “Remembering the future: Reflections on accounting and public policy”. Journal of Accounting and Public Policy, Vol. 38 (1): A1-A3