USE OF ACCOUNTING FOR OBTAINING FINANCING BY SMALL AND MEDIUM COMPANIES: A STUDY BASED ON THE MANAGERS PERCEPTION

• Autor(a) principal: Anjos, Luiz Carlos Marques dos
• Data de Publicação: 2012
• Outros Autores: Miranda, Luiz Carlos, Silva, Daniel José Cardoso da, Freitas, Aline Rúbia Ferraz de
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Universo Contábil
• Texto Completo: https://ojsrevista.furb.br/ojs/index.php/universocontabil/article/view/2129
• topic: Accounting information. Funding. Micro and Small Enterprises.; Micro e Pequenas Empresas; Informação Contábil; Financiamento; Serviços Contábeis; MPE.

This study investigates how the micro and small entrepreneurs perceive the usefulness of accounting information for obtaining credit from banks. A survey with closed questions was conducted targeting micro and small entrepreneurs located at the Northeast Region of Brazil, during the months of July and August 2009. The questionnaires were administered in person by the researchers in order to obtain qualitative data that would allow a more complete understanding of the reality studied. The sample was defined by convenience and comprises 122 companies (34 in Recife and 88 in Maceio). The data analysis was performed using descriptive statistics, based on the use of measures of location and dispersion and non-parametric tests. The use of accounting information or getting advice from external accountant is perceived as useful for those companies that have managers with more experience in business or higher education, thus the null hypotheses that tested the impact of education level in the manager's perception of the usefulness of accounting for obtaining credit and if the managers perceive the usefulness of accounting as useful for obtaining credit from banks were rejected. The main source of funds at the business startup point comes from personal funds. Those who have used the accounting information in the process of obtaining credit perceive the accounting more useful than others. The accountant is seen as the main source of information for decision making in business, but the personal relationship with the bank manager is considered more effective to obtaining the credit approval.