Fixed assets economic useful life valuation on aviculture industry

• Autor(a) principal: da Silva, Andréa Soares
• Data de Publicação: 2021
• Outros Autores: Roveri, Ricardo Bangni, Gonzales, Alexandre, Marion, José Carlos
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista ENIAC pesquisa
• Texto Completo: https://ojs.eniac.com.br/index.php/EniacPesquisa/article/view/779
• topic: vida útil econômica, CPC-27 – ativo imobilizado, setor avicultura; economic useful life, CPC-27 – fixed assets, aviculture segment

The Brazilian accounting system started its convergence process to international accounting standards with the creation of the Accounting Pronouncements Committee, which is the entity responsible for issuing and studying the pronouncements guiding principles of the process. The initial process was based on the Law 11.638/2007, which included, among others the Fixed Assets, and as a result, the Accounting Pronouncements Committee issued CPC 27, which deals specifically with the subject Fixed Assets and one of its items establishes the concept of economic useful life for depreciation purposes. The present article aimed to answer the following question: Are companies in the poultry sector in Brazil applying the content of CPC 27 with respect to the concept of economic useful life for the purpose of depreciation calculation? The research consisted in connecting the practice, through questionnaires answered by the aviculture companies, the theory evaluating the objective of applying the concept of economic useful life for purposes of depreciation, linked to the use of the asset as condition to generate economic benefits to the controlling entity, and through statistics tests to compare both averages. The questionnaire performed questions in order identify the application of this concept, average useful life by subgroups of fixed assets, relevance of the cost x benefit of the application and impact on financial statements. Although more than two/thirds consider that the assessment of economic useful lives for depreciation purposes has a significant effect on the financial statements, their practical application was not shown in the same level.