Abstract

This article focuses on the institutional theory underpinning the reform of the Italian Court of Accounts in order to understand which are the main strengths and weaknesses of the new system of control on financial activities carried out by central and local governments. Moving from the analysis of the Court of Accounts' annual reports, the article evaluates how Auditors perceive their new functions and to which extent Local Courts really contribute to improve financial management at the regional level of government. Conclusions suggest how to further improve the action of reform in near future.