EFFECTS OF CONVERGENCE ON INTERNATIONAL ACCOUNTING STANDARDS ON THE RELEVANCE OF ACCOUNTING INFORMATION OF BRAZILIAN COMPANIES
International accounting standards may present an informational increase to the financial statements, when the accounting standards previously applied, present a lower quality than IFRS. The relevance of the accounting information is a characteristic quality of the statements, which shows the relati...
| Autores: | , , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2018 |
| País: | Brasil |
| Institución: | Universidade Federal do Rio Grande do Norte (UFRN) |
| Repositorio: | Revista Ambiente Contábil |
| Idioma: | portugués |
| OAI Identifier: | oai:periodicos.ufrn.br:article/11016 |
| Acceso en línea: | https://periodicos.ufrn.br/ambiente/article/view/11016 |
| Access Level: | acceso abierto |
| Palabra clave: | Accounting convergence. IFRS. Brazilian companies. Relevance of information Convergencia contable. NIIF. Las empresas brasileñas. La información pertinente. Convergência contábil. IFRS. Empresas brasileiras. Relevância da informação. |
| Sumario: | International accounting standards may present an informational increase to the financial statements, when the accounting standards previously applied, present a lower quality than IFRS. The relevance of the accounting information is a characteristic quality of the statements, which shows the relation of the information with the stock price. Therefore, the objective of this study was to verify the influence of the convergence process on IASB international accounting standards on the relevance of the accounting information disclosed by Brazilian companies. The sample refers to 274 publicly traded companies, which had all the information necessary to carry out the study in the Economática® database. The period of analysis comprised the years 2006 to 2013. The research is characterized as descriptive, documentary and quantitative. For data analysis, panel data was used through the STATA software. The results indicated that the equity value of the share, the earnings per share and the annual return of the share in the post-convergence period presented an informational increment, showing more alignment with the stock price. In this way, it is inferred that the IFRS added relevance to the accounting information disclosed, contributing to the quality of the accounting information. |
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