Analysis of the audit reports on the financial statements of the companies listed at B3 in 2019

• Autor(a) principal: Vital, Ivan Viana Araújo
• Data de Publicação: 2020
• Outros Autores: Rocha, Stephanie Kalynka
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: CAFI (São Paulo)
• Texto Completo: https://revistas.pucsp.br/index.php/CAFI/article/view/51919
• topic: Audit report; accounting statements; publicly-held companies; opinion; Relatório de auditoria; demonstrações contábeis; companhias abertas; opinião

The audit report is the result of the work of the independent auditor, in which he expresses an opinion on the company's financial statements. That said, the present study had as its general objective: to analyze the audit reports on the financial statements of the companies listed in B3 for the 2019 financial year. The study was classified as a survey of data for exploratory and descriptive purposes (survey) in Audit knowledge area. The object of the study is the independent audit reports on the financial statements of publicly traded companies with shares traded on B3 for the year 2019 issued until March 2020, the total of which reports refer to 403. It was found that the most of the reports with unmodified opinion and with qualified opinion were issued by Big Four firms. On the other hand, opinion abstentions were issued, for the most part, by non-Big Four firms. It is also worth mentioning that 230 of the 403 audited companies are from the Financial, Cyclical Consumption and Industrial Goods sectors. However, only the Communications, Health, Information Technology and Others sectors were the only ones in which there was no modified opinion. Investigations by public authorities, the exclusion of ICMS from the PIS and COFINS calculation base and the uncertainties related to operational continuity motivated a considerable part of the reservations. In addition, judicial recovery and uncertainties related to operational continuity were the most frequent basis for abstaining from opinion.