The reflection of the adoption of IFRS in the performance analysis of publicly traded companies in brazil
DOI:
https://doi.org/10.11606/rco.v4i9.34766Keywords:
Performance Indicators, International Accounting Standards, Brazilian Accounting Standards, International ConvergenceAbstract
This study aims to investigate the reflection of IFRS adoption on the performance indicators of Brazilian companies, seeking to identify during the period investigated, if there was a reduction of the differences between the indicators calculated from the national accounting standard and international standard. In order to do this, we conducted an exploratory and descriptive study supported by the inductive method, using the techniques of collecting material from the literature review and documentary research. Thus, the financial statements were collected from thirteen companies listed on BM&F Bovespa, prepared in accordance with BR GAAP and IFRS for the years 2007, 2008 and 2009, from which were analyzed seven performance indicators. In their results, we can observe that the adoption of IFRS has been reflected in the analysis of company performance through positive changes in indicators of financial dependency, debt ratio, return on assets and return on equity, and negative changes on indicators of immobilization of permanent staff, general liquidity and current ratio. However, differences between the indicators calculated from the two sets of standards have declined due to the increasing convergence of Brazilian accounting standards to international accounting standards.Downloads
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