Characteristics associated with the disclosure level of revenues from contracts with clients of Brazilian publicly traded companies

• Autor(a) principal: Aparecida Augusto, Joice
• Data de Publicação: 2021
• Outros Autores: Melo de Souza , Maíra
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Revista Ambiente Contábil
• Texto Completo: https://periodicos.ufrn.br/ambiente/article/view/19409
• topic: Contract revenue; CPC 47; IFRS 15; Disclosure.; Ingresos contractuales; CPC 47; IFRS 15; Divulgación; Receitas de contratos; CPC 47; IFRS 15; Evidenciação.; Receitas de contratos com clientes

Purpose: This research aims to identify characteristics associated with the level of disclosure of revenues from contracts with clients in Brazilian publicly traded companies. Methodology: Aiming to measure the level of disclosure, a checklist was prepared based on the disclosure requirements set forth by CPC 47. Subsequently, the accompanying notes to the financial statements of 309 companies listed on the Brazil, Bolsa and Balcão Stock Exchange (B3) were analyzed. The characteristics used to analyze possible association with the level of disclosure of revenues from customer contracts were: net revenue amount, business sector, corporate governance level, auditing company and Brazilian companies listed on the New York Stock Exchange (NYSE). The research is classified as qualitative, descriptive and the data was obtained through documentary. Results: The results showed that companies disclosure is relatively low on most checklist items. Regarding the characteristics analyzed, the sector that presented the highest average level of disclosure was telecommunications. Companies participating in any of the corporate governance segments, those audited by the Big Four and those that are listed on the NYSE, indicated, in the sample analyzed, a tendency to associate with the level of disclosure. Regarding the value of net revenue, it was found that companies with higher net revenues had a higher level of disclosure of revenues from contracts with customers. Contributions of the Study: This research contributes to the accounting disclosure theme, as it demonstrates how Brazilian publicly traded companies are disclosing their revenues from customer contracts by adopting CPC pronouncement 47.