Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors

Detalhes bibliográficos
Autor(a) principal: Kortz, Patricia
Data de Publicação: 2022
Outros Autores: Azeredo, Adriano José
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Ambiente Contábil
Texto Completo: https://periodicos.ufrn.br/ambiente/article/view/29389
Resumo: Purpose: The purpose of this article is to analyze the main infractions committed by independent auditors in the sphere of the Brazilian Securities and Exchange Commission from 2010 to 2020. Methodology: The study is characterized as descriptive and documentary with a quali-quantitative approach. Information from administrative sanctioning processes judged by CVM in the period 2010 to 2020 was used to identify characteristics such as the profile of the accused and the penalties applied, which were submitted to correlation analysis to verify if there is any direct relationship of these variables with the infractions committed. Results: The study points out that among the most recurrent infractions are "Absence of planning and audit procedures that lead to divergences in the independent auditor's report" and "Irregularities in the External Quality Review Program", which represent 39.47% and 34, 21% of the analyzed sample, respectively. In the correlation analysis, it was identified that the occurrence of infraction “b” is linked with the “repeat infractions” charges and the “temporary suspension” penalty. In addition, it was evident that the increase of “repeat infractions” charges are mainly linked to the increase of defendants classified as “non Big Four”. Contributions of the Study: The results of the study show users of financial statements the motivation for filling lawsuits against independent auditors with the CVM and the infractions they committed with the aim of contributing to the improvement of compliance with auditing standards and procedures by revealing the most recurrent infractions under different methodologies and periods. It also presents the degree of correlation between the infraction committed, the profile of the accused (segregating into Big Four and not Big Four) and the penalty applied.
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spelling Lawsuits judged by CVM: analysis of the main infractions committed by independent auditorsJuicios juzgados por CVM: análisis de las principales infracciones cometidas por auditores independientesProcessos julgados pela CVM: análise das principais infrações cometidas por auditores independentesIndependent auditor, CVM, Infractions.Inglês (Estados Unidos).Auditor independiente, CVM, Infracciones.Auditor independente, CVM, Infrações.Purpose: The purpose of this article is to analyze the main infractions committed by independent auditors in the sphere of the Brazilian Securities and Exchange Commission from 2010 to 2020. Methodology: The study is characterized as descriptive and documentary with a quali-quantitative approach. Information from administrative sanctioning processes judged by CVM in the period 2010 to 2020 was used to identify characteristics such as the profile of the accused and the penalties applied, which were submitted to correlation analysis to verify if there is any direct relationship of these variables with the infractions committed. Results: The study points out that among the most recurrent infractions are "Absence of planning and audit procedures that lead to divergences in the independent auditor's report" and "Irregularities in the External Quality Review Program", which represent 39.47% and 34, 21% of the analyzed sample, respectively. In the correlation analysis, it was identified that the occurrence of infraction “b” is linked with the “repeat infractions” charges and the “temporary suspension” penalty. In addition, it was evident that the increase of “repeat infractions” charges are mainly linked to the increase of defendants classified as “non Big Four”. Contributions of the Study: The results of the study show users of financial statements the motivation for filling lawsuits against independent auditors with the CVM and the infractions they committed with the aim of contributing to the improvement of compliance with auditing standards and procedures by revealing the most recurrent infractions under different methodologies and periods. It also presents the degree of correlation between the infraction committed, the profile of the accused (segregating into Big Four and not Big Four) and the penalty applied.Objetivo: El propósito de este artículo es analizar las principales infracciones cometidas por auditores independientes en el ámbito de la Comisión Nacional de Valores de Brasil de 2010 a 2020. Metodología: El estudio se caracteriza por ser descriptivo y documental con un enfoque cuali-cuantitativo. Para identificar características como el perfil del imputado y las sanciones aplicadas, se utilizó información de los procesos administrativos sancionadores juzgados por la CVM en el período 2010 a 2020, las cuales fueron sometidas a análisis de correlación para verificar si existe alguna relación directa de estas variables con la infracciones cometidas. Resultados: El estudio señala que entre las infracciones más recurrentes se encuentran "Ausencia de procedimientos de planificación y auditoría que den lugar a divergencias en el informe del auditor independiente" y "Irregularidades en el Programa de Revisión Externa de Calidad", que representan el 39,47% y el 34,21% de la muestra analizada, respectivamente. En el análisis de correlación, se identificó que la ocurrencia del delito “b” se vincula con los imputados “reincidentes”  y con la pena de “suspensión temporal”. Además, se evidenció que el aumento de los “reincidentes” está principalmente vinculado al aumento de los clasificados como “no Big Four”. Contribuciones del Estudio: Los resultados del estudio muestran a los usuarios de los estados financieros la motivación para entablar una demanda contra los auditores independientes ante la CVM y qué infracciones cometieron con el objetivo de contribuir a la mejora del cumplimiento de las normas y procedimientos de auditoría, revelando las infracciones más recurrente bajo tres metodologías y periodos diferentes. También presenta el grado de correlación entre la infracción cometida, el perfil del imputado (segregando los Big Four y no Big Four) y la sanción aplicada.Objetivo: O objetivo deste artigo é analisar as principais infrações cometidas por auditores independentes na esfera da Comissão de Valores Mobiliários no período de 2010 a 2020. Metodologia: O estudo caracteriza-se como descritivo e documental com abordagem quali-quantitativa. Utilizou-se das informações de processos administrativos sancionadores julgados pela CVM no período de 2010 a 2020 para identificar características como o perfil dos acusados e as penalidades aplicadas, as quais foram submetidas a análise de correlação para verificar se há alguma relação direta dessas variáveis com as infrações cometidas. Resultados: O estudo aponta que entre as infrações mais recorrentes estão “Ausência de planejamento e procedimentos de auditoria que acarretam em divergências no relatório do auditor independente” e “Irregularidades no Programa de Revisão Externa de Qualidade”, as quais representam 39,47% e 34,21% da amostra analisada, respectivamente. Na análise de correlação, identificou-se que a ocorrência da infração “b” está vinculada com os acusados “reincidentes” e com a penalidade “suspensão temporária”. Além disso, evidenciou-se que o aumento de acusados “reincidentes” está ligado principalmente ao aumento de acusados classificados como “não Big Four”. Contribuições do Estudo: Os resultados do estudo evidenciam aos usuários das demonstrações financeiras a motivação da abertura de processos contra auditores independentes junto à CVM e quais as infrações por eles cometidas com o intuito de contribuir para a melhoria do cumprimento das normas e procedimentos de auditoria pela revelação das infrações mais recorrentes sob três metodologias e períodos diferentes. Apresenta ainda o grau de correlação existente entre a infração cometida, o perfil dos acusados (segregando Big Four e não Big Four) e a penalidade aplicada. Portal de Periódicos Eletrônicos da UFRN2022-07-04info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://periodicos.ufrn.br/ambiente/article/view/2938910.21680/2176-9036.2022v14n2ID29389REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 14 No. 2 (2022): Jul./Dez.REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 14 Núm. 2 (2022): Jul./Dez.REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte - ISSN 2176-9036; v. 14 n. 2 (2022): Jul./Dez.2176-903610.21680/2176-9036.2022v14n2reponame:Revista Ambiente Contábilinstname:Universidade Federal do Rio Grande do Norte (UFRN)instacron:UFRNenghttps://periodicos.ufrn.br/ambiente/article/view/29389/15870Copyright (c) 2022 REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte - ISSN 2176-9036http://creativecommons.org/licenses/by-nc-sa/4.0info:eu-repo/semantics/openAccessKortz, Patricia Azeredo, Adriano José 2023-01-18T23:18:31Zoai:periodicos.ufrn.br:article/29389Revistahttps://periodicos.ufrn.br/ambientePUBhttps://periodicos.ufrn.br/ambiente/oai||prof.mauriciocsilva@gmail.com2176-90362176-9036opendoar:2023-01-18T23:18:31Revista Ambiente Contábil - Universidade Federal do Rio Grande do Norte (UFRN)false
dc.title.none.fl_str_mv Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
Juicios juzgados por CVM: análisis de las principales infracciones cometidas por auditores independientes
Processos julgados pela CVM: análise das principais infrações cometidas por auditores independentes
title Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
spellingShingle Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
Kortz, Patricia
Independent auditor, CVM, Infractions.
Inglês (Estados Unidos).
Auditor independiente, CVM, Infracciones.
Auditor independente, CVM, Infrações.
title_short Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
title_full Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
title_fullStr Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
title_full_unstemmed Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
title_sort Lawsuits judged by CVM: analysis of the main infractions committed by independent auditors
author Kortz, Patricia
author_facet Kortz, Patricia
Azeredo, Adriano José
author_role author
author2 Azeredo, Adriano José
author2_role author
dc.contributor.author.fl_str_mv Kortz, Patricia
Azeredo, Adriano José
dc.subject.por.fl_str_mv Independent auditor, CVM, Infractions.
Inglês (Estados Unidos).
Auditor independiente, CVM, Infracciones.
Auditor independente, CVM, Infrações.
topic Independent auditor, CVM, Infractions.
Inglês (Estados Unidos).
Auditor independiente, CVM, Infracciones.
Auditor independente, CVM, Infrações.
description Purpose: The purpose of this article is to analyze the main infractions committed by independent auditors in the sphere of the Brazilian Securities and Exchange Commission from 2010 to 2020. Methodology: The study is characterized as descriptive and documentary with a quali-quantitative approach. Information from administrative sanctioning processes judged by CVM in the period 2010 to 2020 was used to identify characteristics such as the profile of the accused and the penalties applied, which were submitted to correlation analysis to verify if there is any direct relationship of these variables with the infractions committed. Results: The study points out that among the most recurrent infractions are "Absence of planning and audit procedures that lead to divergences in the independent auditor's report" and "Irregularities in the External Quality Review Program", which represent 39.47% and 34, 21% of the analyzed sample, respectively. In the correlation analysis, it was identified that the occurrence of infraction “b” is linked with the “repeat infractions” charges and the “temporary suspension” penalty. In addition, it was evident that the increase of “repeat infractions” charges are mainly linked to the increase of defendants classified as “non Big Four”. Contributions of the Study: The results of the study show users of financial statements the motivation for filling lawsuits against independent auditors with the CVM and the infractions they committed with the aim of contributing to the improvement of compliance with auditing standards and procedures by revealing the most recurrent infractions under different methodologies and periods. It also presents the degree of correlation between the infraction committed, the profile of the accused (segregating into Big Four and not Big Four) and the penalty applied.
publishDate 2022
dc.date.none.fl_str_mv 2022-07-04
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dc.identifier.uri.fl_str_mv https://periodicos.ufrn.br/ambiente/article/view/29389
10.21680/2176-9036.2022v14n2ID29389
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dc.relation.none.fl_str_mv https://periodicos.ufrn.br/ambiente/article/view/29389/15870
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dc.publisher.none.fl_str_mv Portal de Periódicos Eletrônicos da UFRN
publisher.none.fl_str_mv Portal de Periódicos Eletrônicos da UFRN
dc.source.none.fl_str_mv REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 14 No. 2 (2022): Jul./Dez.
REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte; Vol. 14 Núm. 2 (2022): Jul./Dez.
REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte - ISSN 2176-9036; v. 14 n. 2 (2022): Jul./Dez.
2176-9036
10.21680/2176-9036.2022v14n2
reponame:Revista Ambiente Contábil
instname:Universidade Federal do Rio Grande do Norte (UFRN)
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instname_str Universidade Federal do Rio Grande do Norte (UFRN)
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institution UFRN
reponame_str Revista Ambiente Contábil
collection Revista Ambiente Contábil
repository.name.fl_str_mv Revista Ambiente Contábil - Universidade Federal do Rio Grande do Norte (UFRN)
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