EFFECTS OF IFRS ON ACCOUNTING CONSERVATISM: A STUDY IN PUBLIC COMPANIES OF MEMBERS OF GLENIF

• Autor(a) principal: Júnior, Antônio Carlos Brunozi
• Data de Publicação: 2015
• Outros Autores: Haberkamp, Angela Maria, Alves, Tiago Wickstrom, Kronbauer, Clóvis Antônio
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Ambiente Contábil
• Texto Completo: https://periodicos.ufrn.br/ambiente/article/view/6254

It is understandable that because the relevance of financial reporting and its importance to the adoption of IFRS in business there is concern about the factors that cause interference in its quality as well as with the criteria used in their training, consistency and evaluation. Among the factors that exert influence on the quality of accounting information is conservatism, defined by Basu (1997) as an asymmetric recognition of losses relative to gains, reflected the bad news faster than the good news. Considering this context, this study aims to assess the magnitude of the influence of IFRS on accounting conservatism levels of the practices adopted in GLENIF member countries, more specifically, Argentina, Brazil, Chile, Colombia, Mexico and Peru in the 2003 period 2013. With a sample of 513 companies and 5643 observations, applied through panel data the original equation Basu (1997) and later was included a dummy variable considering the effects of the adoption of IFRS in conservatism. The results indicated that, even with the adoption of IFRS was noted in Brazil and Mexico the presence of conservadoristas practices. In Argentina it was found opposite situation, IFRS eased conservatism in the country's companies. In Chile, Colombia and Peru non-significant results were insufficient to indicate the presence of conservatism after the adoption of IFRS.Keywords: Accounting Conservatism. IFRS. Model Basu (1997).