IMPACTS OF INTERNATIONAL STANDARDS OF AUDITING IN AUDIT REPORTS ON THE FINANCIAL STATEMENTS OF BRAZILIAN BANKS

• Autor(a) principal: Castro, Rafael Lopes Cardozo
• Data de Publicação: 2017
• Outros Autores: Vasconcelos, João Paulo Barros, Dantas, José Alves
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Ambiente Contábil
• Texto Completo: https://periodicos.ufrn.br/ambiente/article/view/7827

This study aimed to measure the impacts of the use of International Standards of Auditing (ISAs) in audit reports on the financial statements of Brazilian banks, as well as map the main causes of modified opinion and/or presentation of emphasis paragraph and other issues. 478 reports have been reviewed about the financial statements of the hundred largest banks between 2006 and 2013, using t test of mean difference to conclude on the relevance of the impact of the adoption of the new regulatory framework. The test results showed an increase, but not statistically significant, of the frequency of reports with modified opinion. Among the issues pointed out to justify the modified opinion are the not reclassification of leasing operations, misappropriation of incomes and expenditures and issues about actuarial informations. Regarding the presentation of emphasis paragraphs, the growth of the adoption of ISAs was also not statistically significant, and the issues most commonly used for such were the realization of tax credits, the credits to receive conditioned of some kind of process and issues corporate nature. As for the frequency of use of paragraph other issues, it was found increase, statistically significant, between the pre and post-adoption of the ISAs, especially the reference to the review of the Statement of Value Added (DVA).Keywords: Auditing. ISA. Audit Report. Modified Opinion. Emphasis.