Spelling suggestions: "subject:"financial reporting standards"" "subject:"dinancial reporting standards""
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IFRS a česká účetní legislativa / IFRS and Czech Accounting AdjustmentŠprochová, Iveta January 2015 (has links)
The master´s thesis focuses on comparing of requirements of accounting statements which were made up according to the Czech legislation and International Financial Reporting Standards – IAS/IFRS. The main topic of the work is to compare differences between the both systems and their impact on statement information. The differences are based on the data of a selected company.
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Comparative evidence on the value relevance of IFRS-based accounting information in Germany and the UKElbakry, A.E., Nwachukwu, J.C., Abdou, H.A., Elshandidy, Tamer 12 July 2016 (has links)
Yes / This paper uses panel cointegration with a corresponding vector error correction model (VECM) to investigate the changes in the value relevance of accounting information before and after the mandatory adoption of IFRS in Germany and the UK under three different valuation models. First, a basic Ohlson model, where our results indicate that despite the value relevance of the book values of equity has declined, it has been replaced by the increasing prominence of earnings in both Germany and the UK after the switch to the IFRS. Second, a modified model, which shows that the incremental value relevance of both earnings and book values are considerably higher in the long term for firms in the UK than in Germany. Third, a simultaneous addition of accounting and macroeconomic variables in an extended model, which indicates a significant rise in the relative predictive power of the book value of equity in the UK compared with the more noticeable impact on the value relevance of earnings in Germany. Collectively, the results of these models indicate that: (i) the explanatory power of linear equity valuation models is higher in UK than in the Germany, (ii) a long-run Granger-causal relationship exists between accounting variables and share prices in common law countries like the UK. Nevertheless, the implications of our findings lie in the knowledge that the potential costs of switching to the IFRS is completely nullified within three years by the benefits arising from a reduction in information asymmetry and earning mismanagement among firms which are listed on the stock exchanges of both common law and code law-based EU countries.
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Impact of international financial reporting standards on the profit and equity of AIM listed companies in the UKAli, A., Akbar, Saeed, Ormrod, P. 12 June 2019 (has links)
Yes / This study examines the extent to which the change from UK GAAP to IFRS has affected companies listed on the Alternative Investment Market (AIM) in the UK. The results suggest that, on average, profit reported under IFRS is higher than that reported under UK GAAP; however, the difference is much smaller for AIM listed companies as compared to what existing literature suggests for firms listed on main stock markets. The Gray's partial analysis results indicate that despite the extensive programmes for improving convergence over time there is still a considerable discrepancy between IFRS and UK GAAP.
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Konzernbesteuerung nach IFRS : IFRS-Konsolidierungsregeln als Ausgangspunkt einer konsolidierten steuerlichen Gewinnermittlung in der EU? /Fülbier, Rolf Uwe. January 2006 (has links) (PDF)
Univ., Habil.-Schr. u.d.T.: Fülbier, Rolf Uwe: Konsolidierte steuerliche Gewinnermittlung nach IFRS?--Bochum, 2005, eine normative Untersuchung der IFRS-Konsolidierungsregeln auf ihre Eignung als Ausgangspunkt einer konsolidierten steuerlichen Gewinnermittlung in der EU. / Literaturverz. S. 377 - 439.
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The development of an investigation process for commercial forensic practitioners in South Africa / Daniël Petrus BredenkampBredenkamp, Daniël Petrus January 2015 (has links)
The study aims to establish an integrated generic investigation process that
could be utilised by Commercial Forensic Practitioners in South Africa.
Secondly, it aims to determine which investigation processes are currently
being utilised in South African forensics practices.
An overview is given of the international utilised processes and a basic
framework was developed, presented and tested by means of questionnaires
to members of the Institute of Commercial Forensic Practitioners in South
Africa.
The development of an investigation process for Commercial Forensic
Practitioners in South Africa could be utilised by the Institute of Commercial
Forensic Practitioners to provide a governance structure for the Institute that
would enhance the quality of forensic investigations and contribute to the
successful investigation and prosecution of commercial crime in South Africa.
To achieve the study objective, an empirical study was conducted among
current members of the Institute of Commercial Forensic Practitioners in
South Africa through the circulation of questionnaires via their website.
These results were interpreted, taking cognisance of international practices
identified in the literature review. A formalised investigation process was
developed and suggested to the Institute of Commercial Forensic
Practitioners. Statisticians were involved during the process of designing the
questionnaires, and analysing and interpreting the results.
The research dealt with a generic investigation process for Commercial
Forensic Practitioners. It also dealt with its implementation and investigative
performance in South African practices. In this study, an overview of the
investigation process for Commercial Forensic Practitioners in South Africa
was discussed.
The research also analysed the following:
* The time period in which organisations implemented the Commercial
Forensic Practitioners Process; * The effect of the Commercial Forensic Practitioners Process on
investigative performance; and * The integration of the Commercial Forensic Practitioner's process into
the budgeting process.
The findings of the study revealed the following:
* Each of the phases of the Commercial Forensic Practitioners Process
is as important as the others in matters that will be presented before
court.
* An investigation should only be performed if it can be performed
properly and in a manner that provides clarity and value to the
engagement and its objectives. For this purpose, a Commercial
Forensic Practitioner should only accept an assignment if free of
conflicts and any independence issues. It is imperative for Commercial
Forensic Practitioners to adequately assess not only their relationship
to the client and the particular engagement, but also their relationship
to any opposing party. This assessment should be done in the context
of all other work of the practice, not only that work that is performed by
the particular Commercial Forensic Practitioner and direct colleagues.
* The Commercial Forensic Practitioner must design, implement and use
a robust client and engagement acceptance process that is
documented, standardised and, where relevant, agreed with the client.
* The role of a Commercial Forensic Practitioner in an investigation
process is, therefore, to gather evidence, interrogate and examine the
financial evidence, develop computer applications that help in analysing
and presenting the evidence, putting forward all the findings in the form
of reports, exhibits and documents, and finally taking part in civil
actions or litigation as an expert witness, and testifying to the court and
presenting all the evidence obtained through documentation or visual
aids. It is therefore of the essence that a Commercial Forensic
Practitioner be well versed in financial issues and legal concepts and
proceedings. * The study found that the majority of respondents (69.3%) were male,
while only 30.7% were female. The majority of Commercial Forensic
Practitioners fall within two age categories, namely, 35 to 44 and 45 to
54 years. These age categories fall into the productive stage of a
working career in the human life-cycle. It is furthermore inferred that the
level of experience is of importance, as the majority of participants were
well experienced, mostly with at least ten years‟ experience.
* A total of 22.7% of respondents indicated that they do not use a
formalised investigation process. The majority of respondents (77.3%)
thus make use of a formalised investigation process.
* The study found that formalised investigation processes are not
implemented for the following reasons:
-- Managerial and governance processes within practices were
sufficient to address the risks posed (41.2%);
-- Commercial Forensic Practitioners do not have a formalised
investigation process at their disposal (35.3%);
-- Commercial Forensic Practitioners are not aware of a formalised
investigation process being utilised in industry that could be
used (23.5%); and
-- The implementation of a formalised investigation process proved
too difficult (23.5%).
* The most important reasons for implementing a formalised investigation
process included reputational risks and quality control of investigative
work. It was notable that the study revealed that the industry does not
require practitioners to follow any procedures.
* It is noteworthy that practitioners did not regard monitoring and
management review of compliance with the provisions of their
formalised investigation process as an important requirement. The
study revealed that the majority of Commercial Forensic Practitioners
would measure compliance as an occasional requirement (33.3%); only
23.3% placed compliance as an agenda item for each monthly
management meeting and 16.7% as a quarterly agenda item. * The majority (56.3%) of practitioners recognised that integration of a
formalised process with the budgeting process could enhance
productivity and financial benefits.
* The majority of respondents (88.1%) were of the view that there was an
improvement in financial performance and/or productivity after the
implementation of the formalised investigation process.
* 62% of respondents were of the view that there was a significant
improvement in financial performance and productivity since the
implementation of the formalised investigation process.
This finding is significant, as it proves that a formalised process for
Commercial Forensic Practitioners in South Africa can have a positive effect
on a practise‟s financial performance.
The suggested sub-processes, as described, are accepted by the
respondents, namely:
* Client acceptance, service considerations, risk management
procedures, independence and engagement agreements;
* Planning and strategic objectives of an engagement, including
documented investigative plan incorporating the relevant disciplines
(accounting, law, IT, investigative and risk management skills);
* Gathering information and evidence, documenting evidence in an
evidence file or system and safeguarding evidence as important;
* Interviewing, using best practice interviewing skills, by planning the
interview to achieve strategic objectives, recording the interview and
using technology;
* Analysis and verification of evidence;
* Quality management, with all reported findings included in referenced
working papers supported by documented physical evidence; and
* Reporting on findings in a detailed forensic report, clearly and concisely
reflecting on the sequence of events, supported by financial information
and documents, in a format that could be used in disciplinary enquiries
and/or proceedings in civil and criminal courts. These findings fulfil the objective of the study, which was to establish an
integrated generic investigation process that could be utilised by Commercial
Forensic Practitioners in South Africa and secondly to determine which
investigation processes are currently being utilised in South African forensics
practices. It was clarified whether the implementation of a formalised process
can lead to an improvement in financial performance and what the result of
the integration of a formalised process into a practise‟s budgeting process is.
It was established that there is indeed a relationship between the integration
of the formalised process into the budgeting process and the improved
financial performance of a practise.
The findings of this study have significant implications for the management of
South African Commercial Forensic Practitioner practices. Based on the study
findings, the following general and specific recommendations can be made:
* The investigation process for Commercial Forensic Practitioners should
be fully integrated with the budgeting process of the practise, as this
will ensure improved investigative performance by the business; and
* Education and research on the investigation process for Commercial
Forensic Practitioners should be conducted by the management of a
practice before implementing such a process. / MCom (Forensic Accountancy), North-West University, Potchefstroom Campus, 2015
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306 |
The development of an investigation process for commercial forensic practitioners in South Africa / Daniël Petrus BredenkampBredenkamp, Daniël Petrus January 2015 (has links)
The study aims to establish an integrated generic investigation process that
could be utilised by Commercial Forensic Practitioners in South Africa.
Secondly, it aims to determine which investigation processes are currently
being utilised in South African forensics practices.
An overview is given of the international utilised processes and a basic
framework was developed, presented and tested by means of questionnaires
to members of the Institute of Commercial Forensic Practitioners in South
Africa.
The development of an investigation process for Commercial Forensic
Practitioners in South Africa could be utilised by the Institute of Commercial
Forensic Practitioners to provide a governance structure for the Institute that
would enhance the quality of forensic investigations and contribute to the
successful investigation and prosecution of commercial crime in South Africa.
To achieve the study objective, an empirical study was conducted among
current members of the Institute of Commercial Forensic Practitioners in
South Africa through the circulation of questionnaires via their website.
These results were interpreted, taking cognisance of international practices
identified in the literature review. A formalised investigation process was
developed and suggested to the Institute of Commercial Forensic
Practitioners. Statisticians were involved during the process of designing the
questionnaires, and analysing and interpreting the results.
The research dealt with a generic investigation process for Commercial
Forensic Practitioners. It also dealt with its implementation and investigative
performance in South African practices. In this study, an overview of the
investigation process for Commercial Forensic Practitioners in South Africa
was discussed.
The research also analysed the following:
* The time period in which organisations implemented the Commercial
Forensic Practitioners Process; * The effect of the Commercial Forensic Practitioners Process on
investigative performance; and * The integration of the Commercial Forensic Practitioner's process into
the budgeting process.
The findings of the study revealed the following:
* Each of the phases of the Commercial Forensic Practitioners Process
is as important as the others in matters that will be presented before
court.
* An investigation should only be performed if it can be performed
properly and in a manner that provides clarity and value to the
engagement and its objectives. For this purpose, a Commercial
Forensic Practitioner should only accept an assignment if free of
conflicts and any independence issues. It is imperative for Commercial
Forensic Practitioners to adequately assess not only their relationship
to the client and the particular engagement, but also their relationship
to any opposing party. This assessment should be done in the context
of all other work of the practice, not only that work that is performed by
the particular Commercial Forensic Practitioner and direct colleagues.
* The Commercial Forensic Practitioner must design, implement and use
a robust client and engagement acceptance process that is
documented, standardised and, where relevant, agreed with the client.
* The role of a Commercial Forensic Practitioner in an investigation
process is, therefore, to gather evidence, interrogate and examine the
financial evidence, develop computer applications that help in analysing
and presenting the evidence, putting forward all the findings in the form
of reports, exhibits and documents, and finally taking part in civil
actions or litigation as an expert witness, and testifying to the court and
presenting all the evidence obtained through documentation or visual
aids. It is therefore of the essence that a Commercial Forensic
Practitioner be well versed in financial issues and legal concepts and
proceedings. * The study found that the majority of respondents (69.3%) were male,
while only 30.7% were female. The majority of Commercial Forensic
Practitioners fall within two age categories, namely, 35 to 44 and 45 to
54 years. These age categories fall into the productive stage of a
working career in the human life-cycle. It is furthermore inferred that the
level of experience is of importance, as the majority of participants were
well experienced, mostly with at least ten years‟ experience.
* A total of 22.7% of respondents indicated that they do not use a
formalised investigation process. The majority of respondents (77.3%)
thus make use of a formalised investigation process.
* The study found that formalised investigation processes are not
implemented for the following reasons:
-- Managerial and governance processes within practices were
sufficient to address the risks posed (41.2%);
-- Commercial Forensic Practitioners do not have a formalised
investigation process at their disposal (35.3%);
-- Commercial Forensic Practitioners are not aware of a formalised
investigation process being utilised in industry that could be
used (23.5%); and
-- The implementation of a formalised investigation process proved
too difficult (23.5%).
* The most important reasons for implementing a formalised investigation
process included reputational risks and quality control of investigative
work. It was notable that the study revealed that the industry does not
require practitioners to follow any procedures.
* It is noteworthy that practitioners did not regard monitoring and
management review of compliance with the provisions of their
formalised investigation process as an important requirement. The
study revealed that the majority of Commercial Forensic Practitioners
would measure compliance as an occasional requirement (33.3%); only
23.3% placed compliance as an agenda item for each monthly
management meeting and 16.7% as a quarterly agenda item. * The majority (56.3%) of practitioners recognised that integration of a
formalised process with the budgeting process could enhance
productivity and financial benefits.
* The majority of respondents (88.1%) were of the view that there was an
improvement in financial performance and/or productivity after the
implementation of the formalised investigation process.
* 62% of respondents were of the view that there was a significant
improvement in financial performance and productivity since the
implementation of the formalised investigation process.
This finding is significant, as it proves that a formalised process for
Commercial Forensic Practitioners in South Africa can have a positive effect
on a practise‟s financial performance.
The suggested sub-processes, as described, are accepted by the
respondents, namely:
* Client acceptance, service considerations, risk management
procedures, independence and engagement agreements;
* Planning and strategic objectives of an engagement, including
documented investigative plan incorporating the relevant disciplines
(accounting, law, IT, investigative and risk management skills);
* Gathering information and evidence, documenting evidence in an
evidence file or system and safeguarding evidence as important;
* Interviewing, using best practice interviewing skills, by planning the
interview to achieve strategic objectives, recording the interview and
using technology;
* Analysis and verification of evidence;
* Quality management, with all reported findings included in referenced
working papers supported by documented physical evidence; and
* Reporting on findings in a detailed forensic report, clearly and concisely
reflecting on the sequence of events, supported by financial information
and documents, in a format that could be used in disciplinary enquiries
and/or proceedings in civil and criminal courts. These findings fulfil the objective of the study, which was to establish an
integrated generic investigation process that could be utilised by Commercial
Forensic Practitioners in South Africa and secondly to determine which
investigation processes are currently being utilised in South African forensics
practices. It was clarified whether the implementation of a formalised process
can lead to an improvement in financial performance and what the result of
the integration of a formalised process into a practise‟s budgeting process is.
It was established that there is indeed a relationship between the integration
of the formalised process into the budgeting process and the improved
financial performance of a practise.
The findings of this study have significant implications for the management of
South African Commercial Forensic Practitioner practices. Based on the study
findings, the following general and specific recommendations can be made:
* The investigation process for Commercial Forensic Practitioners should
be fully integrated with the budgeting process of the practise, as this
will ensure improved investigative performance by the business; and
* Education and research on the investigation process for Commercial
Forensic Practitioners should be conducted by the management of a
practice before implementing such a process. / MCom (Forensic Accountancy), North-West University, Potchefstroom Campus, 2015
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Evaluering van twee groepe dubbelgenoteerde maatskappye, wat op die JSE Sekuriteitebeurs van Suid-Afrika genoteer is, vir suksesvolle omskakeling na internasionale finansiele verslagdoeningstandaarde teen 2005Smith, Heidi Helette 12 1900 (has links)
Thesis (MAcc (Accountancy))--University of Stellenbosch, 2005. / The fact that investors increasingly invest in companies from another country than
the investor himself and the consequential globalisation of capital markets, resulted
in the European Parliament and Council (EP) accepting Regulation No. 1606/2002
during 2002. The consequence of the regulation was that uniform accounting
standards had to be implemented throughout the European Union (EU). The
accounting standards that were accepted, are the International Financial Reporting
Standards (IFRS) (previously known as International Accounting Standards (IAS)).
The regulation further determined that the effective date of this required compliance
with IFRS was 1 January 2005. At the time when the regulation was accepted, most
companies that were listed on the JSE Securities Exchange of South Africa (JSE) still
prepared their financial statements in accordance with South African Statements of
Generally Accepted Accounting Practice (South African SGAAP). The implication of
the acceptance of the regulation by the EP was that in the event that a company was
not only listed on the JSE but also on a stock exchange in the EU, the financial
statements of that company would have to be prepared in accordance with IFRS.
In this study two groups of companies were selected for evaluation. The one group
consists of companies with a primary listing on the JSE and a secondary listing in the
EU (first group) and the other group has a primary listing in the United Kingdom (UK)
and thus the EU, with a secondary listing on the JSE (second group). The purpose of
the study is to identify the implications of the acceptance of abovementioned
regulation on the financial reporting of the selected companies.
Firstly, a study was made of the differences between the Generally Accepted
Accounting Practice of the United Kingdom (UK GAAP) and IFRS. The reason for this
largely relates to the fact that there are still substantial differences between these two
sets of accounting standards. No such study was conducted in respect of differences
between South African SGAAP and IFRS as South African SGAAP was completely
replaced by IFRS during 2004 and hence no differences exist any more. The only
exception relates to the 500 series of standards that are unique to South Africa.
There are, however, only two issued standards in this series and hence no further
attention was paid to that. Hereafter the 2002 financial statements of all the selected companies were evaluated
by measuring it against an IFRS disclosure checklist for 2002. The purpose was to
identify the extent to which the selected companies comply with IFRS by focusing on
the areas with regards to which they do not comply with IFRS. It was found that the
companies of the first group largely fail to comply with IFRS in respect of matters of
disclosure, whilst the second group of companies sometimes also, in their application
of recognition requirements and measurement guidelines, used different practices to
those suggested by IFRS. This was largely attributable to the fact that there are
substantial differences between UK GAAP and IFRS, whilst South African SGAAP
and IFRS already were very similar until recently.
Consequently, questionnaires were sent to interested selected companies in which
they could give feedback on their level of awareness and perceptions of the required
transition to IFRS by 2005 as well as the procedures that they have followed or will
follow in their process of transition to IFRS.
Fourthly the 2003 financial reports of the selected companies were evaluated for
compliance with IFRS by measuring it against the IFRS disclosure checklist that
would be applicable on their 2004 financial periods. This was done in order to
determine whether the selected companies showed any progress in their level of
compliance with IFRS. This process also identified which IFRS, which were issued
during 2003/2004, will be applicable on the 2004 or later financial periods of the
selected companies, as these are further areas that will demand the attention of the
selected companies in their process of becoming IFRS compliant. It was found that
all selected companies showed rather little progress in their level of IFRS
compliance. It is however concerning that even though South African SGAAP were
previously very narrowly aligned with IFRS, the companies of the first group still fail to
comply with fairly simple disclosure requirements. It would thus appear that they do
not take the process of transition to IFRS serious enough. The fact that the second
group of companies also did not make much progress can still be justified by the fact
that UK GAAP were not aligned closer to IFRS during 2003 and most of the selected
companies were still busy with the planning process for the transition to IFRS. It is
expected that the financial statements of these companies will display substantial
progress in their 2004 financial periods. Finally the compliance mechanisms were studied in order to determine which
processes are in place to ensure that companies will indeed comply with IFRS. This
study was done in respect of the EU, the UK and South Africa. All three these
regions either already have or will have bodies in the near future that will have the
task of evaluating the financial statements of listed companies for IFRS compliance.
The conclusion is however that as a result of the negative consequences of noncompliance
with IFRS sufficient factors do exist that will motivate companies to fully
comply with IFRS. In addition, the listing requirements of the JSE has changed and
financial reporting in accordance with IFRS is now a requirement.
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Rozšířené využití IFRS v České republice / Extended use of IFRS in Czech RepublicJuříček, Tomáš January 2010 (has links)
The thesis is focused on differences of Czech accounting legislation and International Financial Reporting Standards. The reason of selection the theme is a continual confrontation between these two concepts, that I meet since study period till current practise. In the first phase of this work is my attempt to describe the structure of creation and functioning of the rules. The next phase of the thesis reveals the use of IFRS in the Czech Republic before 1 January 2011.Subsequently describes an amendment to the Accounting Act, which since January 2011, extends the application of IFRS. Following the changes is an attempt to describe an approach to the financial statements under IFRS. This also includes the anticipated development of the rules in the future. Thesis should give a comprehensive view on the reporting of financial information under IFRS.
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Dlouhodobý hmotný majetek dle IAS/IFRS a českých předpisů/Fixed Assets according to IAS/IFRS and Czech Legislation / Fixed Assets according to IAS/IFRS and Czech LegislationSladká, Ludmila January 2009 (has links)
Diploma paper deals with questions of the tangible assets. The first chapter contains determination of the tangible assets and its measurement in term of generally accepted acccounting principles and analyses the depreciation policies. The second chapter focus on the tangible assets in term of International financial reporting standards (IAS/IFRS) especially according to IAS 16 Property, plants and equipment and IFRS 5 Non-current assets held for sale and discontinued operations. The third chapter defines the tangible assets according to Czech legislation. Part of my paper consists of a questionnaire focused on depreciation intangible and tangible assets in Czech Republic and using taxes depreciation in the accounting.
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Nível de aderência das sociedades por ações às normas IFRS no reconhecimento de debêntures conversíveis emitidas em ofertas públicas no período 2009 a 2017 / Public companies degree of adherence to the IFRS rules in recognition of convertible bonds issued in offerings from 2009 to 2017Soares, Osvaldo Alves 16 August 2018 (has links)
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Previous issue date: 2018-08-16 / Pontifícia Universidade Católica de São Paulo - PUCSP / The capital market has developed a variety of instruments to supply companies with financial resources; however, it has been proved difficult to distinguish them as equity or liability instruments. Known as financial instruments, they are contracts that generate financial asset to a company and financial liability or equity to another. Among such instruments are the so-called compound instruments, such as the convertible bonds, which combine an equity component to a liability component.
The present study aims at answering the following research question: what is the degree of adherence of Brazilian public companies to the IFRS rules in their recognition of convertible bonds issued in the period between 2009 and 2017? To answer this question the work is divided into three chapters dedicated to presenting, respectively, the theoretical framework of the study, the methodological procedures followed, and the analysis and interpretation of the data collected.
The work follows a qualitative approach, and is both exploratory and descriptive in nature. Methodological procedures include three main stages: analysis of initial recognition of convertible bonds; elaboration of a checklist of the recognition forms used; and the evaluation of the companies’s degree of adherence to the IFRS norms.
Six convertible bond issues were identified, and the companies differed in their way of recognizing the bonds. Only one of the issuers correctly identified the financial instrument issued, and none of them recognized it in accordance with the IFRS norms or CVM determinations. It can be concluded that the degree of adherence of companies to the IFRS norms in the recognition of convertible bonds was very low.
Despite the fact IFRS set accounting rules for the classification and measurement of compound financial instruments, and despite CVM’s incisive action towards the observation of such rules, the analysis carried out in this work revealed that most of the companies, five out of six, completely ignored the rules in their accounting practices, choosing only to recognize the issuance of equity or liability instruments without complying with measurement and recognition requirements / O mercado financeiro desenvolveu vários instrumentos para prover recursos às companhias, instrumentos esses que tornaram indistinguível a fronteira entre passivo e patrimônio. Denominados instrumentos financeiros, são contratos que geram ativos financeiros para uma entidade e passivos financeiros ou instrumentos patrimoniais para outra. Um desses são os instrumentos compostos, como debêntures conversíveis, com componentes de passivo e de patrimônio líquido.
Neste estudo formulou-se o seguinte problema de pesquisa: qual foi o nível de aderência das sociedades por ações às normas IFRS no reconhecimento de debêntures conversíveis, emitidas no período 2009 a 2017?
A resposta é apresentada em três capítulos, denominados fundamentação teórica, metodologia de pesquisa e análise dos resultados da pesquisa.
A pesquisa adotou o enfoque qualitativo com alcance exploratório e descritivo. A metodologia desenvolveu-se em três estágios: análise do reconhecimento inicial das debêntures, elaboração do roteiro de análise das formas de reconhecimento utilizadas, e avaliação da aderência do reconhecimento inicial às normas IFRS.
Identificou-se seis emissões a serem avaliadas e nelas as formas de reconhecimento foram todas diferentes umas das outras. Avaliou-se que apenas uma emissora identificou corretamente o instrumento financeiro emitido mas nenhuma o reconheceu em conformidade às normas IFRS e às determinações da CVM. Conclui-se que foi muito baixo o nível de aderência às normas IFRS no reconhecimento inicial de debêntures conversíveis.
A despeito de o IFRS estabelecer normas específicas para o reconhecimento inicial de instrumentos financeiros compostos, e apesar da atuação incisiva da CVM para que essas normas sejam observadas, a análise realizada mostrou que a maioria, cinco em seis companhias, nem tentou aplicar a norma na sua contabilização, preferindo apenas reconhecer a emissão totalmente como instrumento patrimonial ou como passivo, sem observar as exigências de mensuração e reconhecimento separados de cada componente do instrumento
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