CONVERGENCE TO VOLUNTARY INTERNATIONAL ACCOUNTING STANDARDS IN COOPERATIVE SOCIETIES: CORRELATION BETWEEN STANDARDS AND PRACTICES

• Autor(a) principal: Klann, Roberto C
• Data de Publicação: 2014
• Outros Autores: Salla, Neusa Maria
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: ConTexto
• Texto Completo: https://seer.ufrgs.br/index.php/ConTexto/article/view/42629
• topic: International accounting standards; IFRS; Convergence process; Normas contábeis internacionais; IFRS; Processo de convergência

Economic globalization has forced the adjustment of financial statements, usually prepared in accordance with standards and practices, international standards, so that also reach the perspectives of local and external users and can be used as a basis of measurement or comparison. The objective of this study is to verify the adequacy of voluntary accounting policies applied in the process of accounting convergence to international accounting standards. To this end, we developed a descriptive qualitative approach, based on a single case study of a production cooperative of Northwest Rio Grande do Sul The results indicate that, even if the regulatory changes related to the convergence of accounting standards to IFRS for the cooperative sector are voluntary, its adoption has provided a breakthrough in the accounts of the cooperative study, is the knowledge generated for accounting professionals and controlling, either by improving information to its users, with the most visible aspects, as evaluation sheet presented in the financial statements. Thus, we conclude that the convergence of accounting practices and standards / international standards was important to improve the quality of accounting information in the cooperative study.