Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil
Autor(a) principal: | |
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Data de Publicação: | 2020 |
Outros Autores: | , , |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | RACE (Joaçaba. Online) |
Texto Completo: | https://periodicos.unoesc.edu.br/race/article/view/23735 |
Resumo: | In 2008 it was announced the revision of International Accounting Standard (IAS 39), segmented into three main stages, the classification and measurement of financial instruments, the introduction of a new methodology for the calculation of impairment and hedge accounting. This project resulted in the publication in July 2014 of the new Standard of Financial Instruments, IFRS 9. The objective of this study was to analyze the main impacts brought by IFRS 9, in comparison with accounting standards in the Accounting Plan of National Financial System Institutions (COSIF), in relation to accounting for hedge accounting. A comparative analysis of local and international regulations was carried out and, in a complementary manner, was analyzed the impact of the application of international accounting standards on Brazilian accounting statements in Generally Accepted Accounting Principles of Banco Société Générale do Brazil, basis of June 30 2017. The results of the research show that, with the changes introduced by IFRS 9, more detailed information on hedge accounting has been required, which considerably impacts the content and the current format of the explanatory notes. The analysis of the financial institution's explanatory notes revealed the need for adequacy as to the way of discloser the items designated as hedge instruments, separately by risk category, and as to the required format, present a level of detail of the values by risk category for types of hedge. In this sense, the study's main contribution is to demonstrate that the local requirements of the disclosures of financial instruments need adjustments. |
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Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of BrazilHedge Accounting: International Financial Reporting Standards e Normas do Banco Central do BrasilHedge AccountingIAS 39IFRS 9COSIFHedge AccountingIAS 39IFRS 9COSIFIn 2008 it was announced the revision of International Accounting Standard (IAS 39), segmented into three main stages, the classification and measurement of financial instruments, the introduction of a new methodology for the calculation of impairment and hedge accounting. This project resulted in the publication in July 2014 of the new Standard of Financial Instruments, IFRS 9. The objective of this study was to analyze the main impacts brought by IFRS 9, in comparison with accounting standards in the Accounting Plan of National Financial System Institutions (COSIF), in relation to accounting for hedge accounting. A comparative analysis of local and international regulations was carried out and, in a complementary manner, was analyzed the impact of the application of international accounting standards on Brazilian accounting statements in Generally Accepted Accounting Principles of Banco Société Générale do Brazil, basis of June 30 2017. The results of the research show that, with the changes introduced by IFRS 9, more detailed information on hedge accounting has been required, which considerably impacts the content and the current format of the explanatory notes. The analysis of the financial institution's explanatory notes revealed the need for adequacy as to the way of discloser the items designated as hedge instruments, separately by risk category, and as to the required format, present a level of detail of the values by risk category for types of hedge. In this sense, the study's main contribution is to demonstrate that the local requirements of the disclosures of financial instruments need adjustments.Em 2008 foi anunciada a revisão do International Accounting Standard (IAS 39), segmentada em três etapas principais, a classificação e mensuração dos instrumentos financeiros, a introdução de uma nova metodologia para o cálculo de perda incorrida (impairment) e hedge accounting. Esse projeto resultou na publicação, em julho de 2014, da nova norma dos Instrumentos Financeiros, o IFRS 9. O objetivo deste estudo foi analisar os principais impactos trazidos pelo IFRS 9, frente aos normativos contábeis do Plano Contábil das Instituições do Sistema Financeiro Nacional (Cosif), no que tange à contabilização de hedge accounting. Realizou-se uma análise comparativa dos normativos locais e internacionais e, de modo complementar, analisou-se o impacto da aplicação dos padrões contábeis internacionais nas demonstrações contábeis brasileiras em Generally Accepted Accounting Principles do Banco Société Générale do Brasil, com data-base de 30 de junho de 2017. Os resultados da pesquisa mostram que, com as alterações trazidas pelo IFRS 9, maior detalhamento das informações sobre o hedge accounting passou a ser exigido, o que impacta consideravelmente o conteúdo e o formato atual das notas explicativas. A análise das notas explicativas da instituição financeira revelou a necessidade de adequação quanto à forma de divulgação dos itens designados como instrumentos de hedge, separados por categoria de risco, e quanto ao formato requerido, apresentar um nível de detalhamento dos valores por categoria de risco para os tipos de hedge. Nesse sentido, o estudo tem como principal contribuição a demonstração de que os requerimentos locais das divulgações dos instrumentos financeiros precisam de adequações.Universidade do Oeste de Santa Catarina2020-08-17info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdftext/htmlhttps://periodicos.unoesc.edu.br/race/article/view/2373510.18593/race.23735RACE - Revista de Administração, Contabilidade e Economia; Vol. 20 No. 1 (2021): RACE jan./abr. 2021; 9-34RACE - Revista de Administração, Contabilidade e Economia; v. 20 n. 1 (2021): RACE jan./abr. 2021; 9-342179-49361678-6483reponame:RACE (Joaçaba. Online)instname:Universidade do Oeste de Santa Catarina (UNOESC)instacron:UNOESCporhttps://periodicos.unoesc.edu.br/race/article/view/23735/16017https://periodicos.unoesc.edu.br/race/article/view/23735/16158Copyright (c) 2020 Sérgio de Iudícibus, Ana Paula Correia Lacanna, José Everardo Alves Pereira, Ilse Maria Beurenhttp://creativecommons.org/licenses/by-nc/4.0info:eu-repo/semantics/openAccessIudícibus, Sérgio deLacanna, Ana Paula Correia Pereira, José Everardo Alves Beuren, Ilse Maria2021-05-03T14:15:18Zoai:ojs.periodicos.unoesc.edu.br:article/23735Revistahttps://portalperiodicos.unoesc.edu.br/racehttps://portalperiodicos.unoesc.edu.br/race/oairace@unoesc.edu.br||editora@unoesc.edu.br2179-49361678-6483opendoar:2021-05-03T14:15:18RACE (Joaçaba. Online) - Universidade do Oeste de Santa Catarina (UNOESC)false |
dc.title.none.fl_str_mv |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil Hedge Accounting: International Financial Reporting Standards e Normas do Banco Central do Brasil |
title |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil |
spellingShingle |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil Iudícibus, Sérgio de Hedge Accounting IAS 39 IFRS 9 COSIF Hedge Accounting IAS 39 IFRS 9 COSIF |
title_short |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil |
title_full |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil |
title_fullStr |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil |
title_full_unstemmed |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil |
title_sort |
Hedge Accounting: International Financial Reporting Standards and Standards of the Central Bank of Brazil |
author |
Iudícibus, Sérgio de |
author_facet |
Iudícibus, Sérgio de Lacanna, Ana Paula Correia Pereira, José Everardo Alves Beuren, Ilse Maria |
author_role |
author |
author2 |
Lacanna, Ana Paula Correia Pereira, José Everardo Alves Beuren, Ilse Maria |
author2_role |
author author author |
dc.contributor.author.fl_str_mv |
Iudícibus, Sérgio de Lacanna, Ana Paula Correia Pereira, José Everardo Alves Beuren, Ilse Maria |
dc.subject.por.fl_str_mv |
Hedge Accounting IAS 39 IFRS 9 COSIF Hedge Accounting IAS 39 IFRS 9 COSIF |
topic |
Hedge Accounting IAS 39 IFRS 9 COSIF Hedge Accounting IAS 39 IFRS 9 COSIF |
description |
In 2008 it was announced the revision of International Accounting Standard (IAS 39), segmented into three main stages, the classification and measurement of financial instruments, the introduction of a new methodology for the calculation of impairment and hedge accounting. This project resulted in the publication in July 2014 of the new Standard of Financial Instruments, IFRS 9. The objective of this study was to analyze the main impacts brought by IFRS 9, in comparison with accounting standards in the Accounting Plan of National Financial System Institutions (COSIF), in relation to accounting for hedge accounting. A comparative analysis of local and international regulations was carried out and, in a complementary manner, was analyzed the impact of the application of international accounting standards on Brazilian accounting statements in Generally Accepted Accounting Principles of Banco Société Générale do Brazil, basis of June 30 2017. The results of the research show that, with the changes introduced by IFRS 9, more detailed information on hedge accounting has been required, which considerably impacts the content and the current format of the explanatory notes. The analysis of the financial institution's explanatory notes revealed the need for adequacy as to the way of discloser the items designated as hedge instruments, separately by risk category, and as to the required format, present a level of detail of the values by risk category for types of hedge. In this sense, the study's main contribution is to demonstrate that the local requirements of the disclosures of financial instruments need adjustments. |
publishDate |
2020 |
dc.date.none.fl_str_mv |
2020-08-17 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://periodicos.unoesc.edu.br/race/article/view/23735 10.18593/race.23735 |
url |
https://periodicos.unoesc.edu.br/race/article/view/23735 |
identifier_str_mv |
10.18593/race.23735 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://periodicos.unoesc.edu.br/race/article/view/23735/16017 https://periodicos.unoesc.edu.br/race/article/view/23735/16158 |
dc.rights.driver.fl_str_mv |
http://creativecommons.org/licenses/by-nc/4.0 info:eu-repo/semantics/openAccess |
rights_invalid_str_mv |
http://creativecommons.org/licenses/by-nc/4.0 |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf text/html |
dc.publisher.none.fl_str_mv |
Universidade do Oeste de Santa Catarina |
publisher.none.fl_str_mv |
Universidade do Oeste de Santa Catarina |
dc.source.none.fl_str_mv |
RACE - Revista de Administração, Contabilidade e Economia; Vol. 20 No. 1 (2021): RACE jan./abr. 2021; 9-34 RACE - Revista de Administração, Contabilidade e Economia; v. 20 n. 1 (2021): RACE jan./abr. 2021; 9-34 2179-4936 1678-6483 reponame:RACE (Joaçaba. Online) instname:Universidade do Oeste de Santa Catarina (UNOESC) instacron:UNOESC |
instname_str |
Universidade do Oeste de Santa Catarina (UNOESC) |
instacron_str |
UNOESC |
institution |
UNOESC |
reponame_str |
RACE (Joaçaba. Online) |
collection |
RACE (Joaçaba. Online) |
repository.name.fl_str_mv |
RACE (Joaçaba. Online) - Universidade do Oeste de Santa Catarina (UNOESC) |
repository.mail.fl_str_mv |
race@unoesc.edu.br||editora@unoesc.edu.br |
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1800220424506703872 |