ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008
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Data de Publicação: | 2012 |
Tipo de documento: | Artigo |
Idioma: | por |
Título da fonte: | Revista de contabilidade e organizações |
Texto Completo: | https://www.revistas.usp.br/rco/article/view/52655 |
Resumo: | In regard to the Brazilian international accounting convergence to the international standards, according to the Law 11.638/07, this work aims to measure and analyze the impact on the companies’ results of each new norm proceeded from the first transition phase to the IFRS (International Financial Reporting Standard). 175 public companies that published the reconciliation table of the effects of the new Law on the Explanatory Notes of their 2008 Financial Reports were examined. The impact of each norm was measured by the inverse of Weetman et al. (1998)’s “Partial Comparability Index”, according to Gray’s (1980, 1988) “accounting values” and “Index of Conservatism”. The most proeminent impacts were: the exclusion of transaction costs and premiums for the bonds issued, which in average tripled the profits of the companies that reported this adjustment in 2007; and the impairment of assets , wich led to a 260% average decrease in the profits of the companiesreporting it in 2008. |
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ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008Análise dos impactos dos CPCs da primeira fase de transição para o IFRS no Brasil: Um exame dos ajustes aos resultados nas DFPs de 2008CPCsIFRSÍndice de ComparabilidadeLei 11.638ICPCsIFRSIndex of ComparabilityLaw 11.638In regard to the Brazilian international accounting convergence to the international standards, according to the Law 11.638/07, this work aims to measure and analyze the impact on the companies’ results of each new norm proceeded from the first transition phase to the IFRS (International Financial Reporting Standard). 175 public companies that published the reconciliation table of the effects of the new Law on the Explanatory Notes of their 2008 Financial Reports were examined. The impact of each norm was measured by the inverse of Weetman et al. (1998)’s “Partial Comparability Index”, according to Gray’s (1980, 1988) “accounting values” and “Index of Conservatism”. The most proeminent impacts were: the exclusion of transaction costs and premiums for the bonds issued, which in average tripled the profits of the companies that reported this adjustment in 2007; and the impairment of assets , wich led to a 260% average decrease in the profits of the companiesreporting it in 2008.No contexto da convergência da contabilidade brasileira para o padrão internacional, a partir da Lei 11.638/07, este trabalho tem como objetivo mensurar e analisar o impacto de cada mudança normativa (CPC) da primeira fase de transição para o International Financial Reporting Standard (IFRS) nos resultados das empresas. Foram examinadas as 175 empresas que apresentaram a tabela de reconciliação dos efeitos da Lei nas Notas Explicativas das Demonstrações Financeiras Padronizadas de 2008. O impacto de cada CPC foi mensurado pelo inverso do “Índice de Comparabilidade Parcial” de Weetman et al. (1998), dentro do quadro teórico de “valores contábeis” e do “Índice de Conservadorismo” de Gray (1980, 1988). Os impactos destacados foram: a exclusão dos custos de transação e prêmios na emissão de títulos do resultado, que em média triplicou o lucro das empresas que reportaram esse ajuste em 2007; e o impairment de ativos, que gerou queda média de 260% no lucro das empresas que o registraram em 2008.Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto2012-09-27info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionPesquisa empíricaapplication/pdfapplication/xmlhttps://www.revistas.usp.br/rco/article/view/5265510.11606/rco.v6i15.52655Revista de Contabilidade e Organizações; Vol. 6 No. 15 (2012); 23-43Revista de Contabilidade e Organizações; Vol. 6 Núm. 15 (2012); 23-43Revista de Contabilidade e Organizações; v. 6 n. 15 (2012); 23-431982-6486reponame:Revista de contabilidade e organizaçõesinstname:Universidade de São Paulo (USP)instacron:USPporhttps://www.revistas.usp.br/rco/article/view/52655/56539https://www.revistas.usp.br/rco/article/view/52655/146346Santos, Edilene Santanainfo:eu-repo/semantics/openAccess2018-08-28T16:39:29Zoai:revistas.usp.br:article/52655Revistahttps://www.revistas.usp.br/rcoPUBhttps://www.revistas.usp.br/rco/oairco@usp.br1982-64861982-6486opendoar:2018-08-28T16:39:29Revista de contabilidade e organizações - Universidade de São Paulo (USP)false |
dc.title.none.fl_str_mv |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 Análise dos impactos dos CPCs da primeira fase de transição para o IFRS no Brasil: Um exame dos ajustes aos resultados nas DFPs de 2008 |
title |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 |
spellingShingle |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 Santos, Edilene Santana CPCs IFRS Índice de Comparabilidade Lei 11.638 ICPCs IFRS Index of Comparability Law 11.638 |
title_short |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 |
title_full |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 |
title_fullStr |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 |
title_full_unstemmed |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 |
title_sort |
ANALYSIS OF IMPACTS OF EACH NEW NORM FROM THE FIRST TRANSITION PHASE TO THE IFRS IN BRASIL: AN EXAMINATION OF THE ADJUSTMENTS AND THE RESULTS IN FINANCIAL REPORTS IN 2008 |
author |
Santos, Edilene Santana |
author_facet |
Santos, Edilene Santana |
author_role |
author |
dc.contributor.author.fl_str_mv |
Santos, Edilene Santana |
dc.subject.por.fl_str_mv |
CPCs IFRS Índice de Comparabilidade Lei 11.638 ICPCs IFRS Index of Comparability Law 11.638 |
topic |
CPCs IFRS Índice de Comparabilidade Lei 11.638 ICPCs IFRS Index of Comparability Law 11.638 |
description |
In regard to the Brazilian international accounting convergence to the international standards, according to the Law 11.638/07, this work aims to measure and analyze the impact on the companies’ results of each new norm proceeded from the first transition phase to the IFRS (International Financial Reporting Standard). 175 public companies that published the reconciliation table of the effects of the new Law on the Explanatory Notes of their 2008 Financial Reports were examined. The impact of each norm was measured by the inverse of Weetman et al. (1998)’s “Partial Comparability Index”, according to Gray’s (1980, 1988) “accounting values” and “Index of Conservatism”. The most proeminent impacts were: the exclusion of transaction costs and premiums for the bonds issued, which in average tripled the profits of the companies that reported this adjustment in 2007; and the impairment of assets , wich led to a 260% average decrease in the profits of the companiesreporting it in 2008. |
publishDate |
2012 |
dc.date.none.fl_str_mv |
2012-09-27 |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Pesquisa empírica |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
https://www.revistas.usp.br/rco/article/view/52655 10.11606/rco.v6i15.52655 |
url |
https://www.revistas.usp.br/rco/article/view/52655 |
identifier_str_mv |
10.11606/rco.v6i15.52655 |
dc.language.iso.fl_str_mv |
por |
language |
por |
dc.relation.none.fl_str_mv |
https://www.revistas.usp.br/rco/article/view/52655/56539 https://www.revistas.usp.br/rco/article/view/52655/146346 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf application/xml |
dc.publisher.none.fl_str_mv |
Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto |
publisher.none.fl_str_mv |
Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto |
dc.source.none.fl_str_mv |
Revista de Contabilidade e Organizações; Vol. 6 No. 15 (2012); 23-43 Revista de Contabilidade e Organizações; Vol. 6 Núm. 15 (2012); 23-43 Revista de Contabilidade e Organizações; v. 6 n. 15 (2012); 23-43 1982-6486 reponame:Revista de contabilidade e organizações instname:Universidade de São Paulo (USP) instacron:USP |
instname_str |
Universidade de São Paulo (USP) |
instacron_str |
USP |
institution |
USP |
reponame_str |
Revista de contabilidade e organizações |
collection |
Revista de contabilidade e organizações |
repository.name.fl_str_mv |
Revista de contabilidade e organizações - Universidade de São Paulo (USP) |
repository.mail.fl_str_mv |
rco@usp.br |
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1797054144709656576 |