IFRS 16 impacts on agribusiness companies listed on B3

• Autor(a) principal: Soares, Fabiano
• Data de Publicação: 2023
• Outros Autores: Maia, Ralny Pereira, Silva, Fabiana Lopes da, Grecco, Marta Cristina Pelucio
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: CAFI (São Paulo)
• Texto Completo: https://revistas.pucsp.br/index.php/CAFI/article/view/62755
• topic: Operating Leases; Finance Leases; IFRS 16; Ebitda; agronegócio; Arrendamentos Operacionais; Arrendamentos Financeiros; IFRS 16; Ebitda; Leasing

The study seeks to analyze the impacts of adopting IFRS 16 by Brazilian agribusiness companies listed in B3, through a comparison test of means of liquidity, indebtedness and quarterly profitability indicators before and after the adoption of that standard. In January 2019, accounting for leases became mandatory in Brazil, in accordance with the provisions contained in IFRS 16, translated by CPC 06 (R2). The rule brought significant changes from the lessee's point of view, including the obligation to register the right to use operating lease agreements. The results showed that there were no significant changes in the indebtedness, liquidity and ROE indicators in agribusiness companies. On the other hand, the results showed positive changes in the EBITDA and ROA of the companies analyzed, corroborating previous studies for other sectors. This study contributes to a better understanding of the impacts of the adoption of the standard by analysts and stakeholders and suggests how future research can assess the understanding and adaptation of these indicators by market analysts.