Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007
The main objective of this study is to compare economic and financial ratios of Brazilian companies traded, listed on the Bovespa. Tests were performed for mean differences for the following indicators of the 75 companies in the sample: debt, profitability, debt composition, immobilization of non-cu...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | Portuguese |
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Universidade Federal de Santa Catarina
2011-11-01
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| Series: | Revista Contemporânea de Contabilidade |
| Subjects: | |
| Online Access: | https://periodicos.ufsc.br/index.php/contabilidade/article/view/16727 |
| _version_ | 1819163084786237440 |
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| author | Josué Pires Braga Marcelo Bicalho Viturino de Araujo Marcelo Álvaro da Silva Macedo Luiz João Corrar |
| author_facet | Josué Pires Braga Marcelo Bicalho Viturino de Araujo Marcelo Álvaro da Silva Macedo Luiz João Corrar |
| author_sort | Josué Pires Braga |
| collection | DOAJ |
| description | The main objective of this study is to compare economic and financial ratios of Brazilian companies traded, listed on the Bovespa. Tests were performed for mean differences for the following indicators of the 75 companies in the sample: debt, profitability, debt composition, immobilization of non-current resources and participation of financial result in operating expenses. The following accounting components were also analyzed: fixed assets and net profit. Empirical evidence suggest a significant change (increase) only in the debt ratio with the restatement of 2007 financial statements in accordance with new accounting practices adopted in Brazil. Already with regard to the profitability, debt composition, immobilization of non-current resources and participation of the financial result in operating expenses, and the components fixed assets and net income, there is no evidence of significant differences in values derived from statements of 2007 “original” and “restratement”. |
| first_indexed | 2024-12-22T17:38:31Z |
| format | Article |
| id | doaj.art-15c1eb5c6237469687918fb920b1f8e5 |
| institution | Directory Open Access Journal |
| issn | 1807-1821 2175-8069 |
| language | Portuguese |
| last_indexed | 2024-12-22T17:38:31Z |
| publishDate | 2011-11-01 |
| publisher | Universidade Federal de Santa Catarina |
| record_format | Article |
| series | Revista Contemporânea de Contabilidade |
| spelling | doaj.art-15c1eb5c6237469687918fb920b1f8e52022-12-21T18:18:28ZporUniversidade Federal de Santa CatarinaRevista Contemporânea de Contabilidade1807-18212175-80692011-11-0181510512810.5007/2175-8069.2011v8n15p10516592Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007Josué Pires Braga0Marcelo Bicalho Viturino de Araujo1Marcelo Álvaro da Silva Macedo2Luiz João Corrar3FEA/USPFEA/USPFACC/UFRJFEA/USPThe main objective of this study is to compare economic and financial ratios of Brazilian companies traded, listed on the Bovespa. Tests were performed for mean differences for the following indicators of the 75 companies in the sample: debt, profitability, debt composition, immobilization of non-current resources and participation of financial result in operating expenses. The following accounting components were also analyzed: fixed assets and net profit. Empirical evidence suggest a significant change (increase) only in the debt ratio with the restatement of 2007 financial statements in accordance with new accounting practices adopted in Brazil. Already with regard to the profitability, debt composition, immobilization of non-current resources and participation of the financial result in operating expenses, and the components fixed assets and net income, there is no evidence of significant differences in values derived from statements of 2007 “original” and “restratement”.https://periodicos.ufsc.br/index.php/contabilidade/article/view/16727indicadores econômico-financeirosifrsconvergência às normas internacionais de contabilidade |
| spellingShingle | Josué Pires Braga Marcelo Bicalho Viturino de Araujo Marcelo Álvaro da Silva Macedo Luiz João Corrar Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007 Revista Contemporânea de Contabilidade indicadores econômico-financeiros ifrs convergência às normas internacionais de contabilidade |
| title | Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007 |
| title_full | Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007 |
| title_fullStr | Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007 |
| title_full_unstemmed | Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007 |
| title_short | Analysis of changes impact in the Brazilian Accounting Standards: a comparative study of the economic and financial ratios of brazilian companies for the year 2007 |
| title_sort | analysis of changes impact in the brazilian accounting standards a comparative study of the economic and financial ratios of brazilian companies for the year 2007 |
| topic | indicadores econômico-financeiros ifrs convergência às normas internacionais de contabilidade |
| url | https://periodicos.ufsc.br/index.php/contabilidade/article/view/16727 |
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