Senate Approves Accountant Reform
Italy’s Senate gave final approval on Wednesday to the enabling bill reforming the professional order of chartered accountants and accounting experts under Senate Bill 2045, mysolution.it reported.
The vote seals a legislative path that began months earlier. The Senate’s justice committee cleared the text on October 27, 2026, following its initial passage in the Chamber of Deputies on September 23, 2026.
The legislation grants the government a 12-month window from the law’s entry into force to adopt the implementing legislative decree. This overhaul aims to modernize professional standards while maintaining financial neutrality.
Directives guide the upcoming legislative decree
The upcoming legislative decree must adhere to specific guiding principles set out in the delegation. These directives focus on streamlining professional activities, updating rules for leadership positions, introducing electronic voting systems, and defining specialized practice areas.
The 12-month countdown begins immediately following the formal enactment of the framework law. Officials must balance modernization demands with existing fiscal constraints, ensuring the reform carries no net cost to public finances.
What questions remain about the accountant reform?
What legislative bill numbers are associated with the accountant reform?
The enabling bill is designated as Senate Bill 2045, following its earlier review by the Chamber of Deputies under a separate initial reading on September 23, 2026.
When did the Senate committees review the text?
The Senate’s justice committee approved the legislation on October 27, 2026, confirming the version previously passed by the Chamber of Deputies.
How long does the government have to issue the decree?
The government holds a period of 12 months from the law’s entry into force to adopt the final implementing legislative decree.