Analysis of opinions issued in comment letters on the term prudence
Since 2001, the International Accounting Standards Board (Iasb) has worked to revise the Conceptual Framework (CF). Therefore, it has issued Discussion papers (DP), aiming to collect the stakeholders’ opinions about different aspects of the CF. One of the aspects discussed is the inclusion or not of...
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| Format: | Article |
| Language: | English |
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Conselho Federal de Contabilidade (CFC)
2015-06-01
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| Series: | Revista de Educação e Pesquisa em Contabilidade |
| Subjects: | |
| Online Access: | http://repec.org.br/index.php/repec/article/view/1231 |
| _version_ | 1811295108496097280 |
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| author | Victor Ranieri Bomfim Sampaio de Araújo Ana karla de Lucena Gomes Wenner Glaucio Lopes Lucena Edilson Paulo |
| author_facet | Victor Ranieri Bomfim Sampaio de Araújo Ana karla de Lucena Gomes Wenner Glaucio Lopes Lucena Edilson Paulo |
| author_sort | Victor Ranieri Bomfim Sampaio de Araújo |
| collection | DOAJ |
| description | Since 2001, the International Accounting Standards Board (Iasb) has worked to revise the Conceptual Framework (CF). Therefore, it has issued Discussion papers (DP), aiming to collect the stakeholders’ opinions about different aspects of the CF. One of the aspects discussed is the inclusion or not of Prudence in the CF. Therefore, this study aims to analyze the opinions issued in the comment letters in response to the DPs between 2006 and 2013 about the exclusion of the term Prudence from the CF. The research was undertaken through the content analysis of 420 comment letters forwarded to the Iasb, among which 176 were identified that contain the terms Prudence/Conservatism, 117 of which are in favor of including the term. Among those against the inclusion, the main justification is the existence of conflict between Prudence and neutrality. The respondents’ opinions were also separated per location and interest groups, showing that the European respondents are more favorable to the inclusion of the term, while Anglo-Saxon America defends it least. What the interest groups is concerned, the group that was most in favor of the insertion of the term were the Preparers, while the Financial Institutions were the most unfavorable agents. Using Kappa Analysis, it was observed that the level of agreement among the respondents’ opinions indicates weak agreement with the total number of samples, suggesting that further debate and reflection on the theme is needed. |
| first_indexed | 2024-04-13T05:27:40Z |
| format | Article |
| id | doaj.art-81f84059f72248c0b4eb9e261e4f25b1 |
| institution | Directory Open Access Journal |
| issn | 1981-8610 |
| language | English |
| last_indexed | 2024-04-13T05:27:40Z |
| publishDate | 2015-06-01 |
| publisher | Conselho Federal de Contabilidade (CFC) |
| record_format | Article |
| series | Revista de Educação e Pesquisa em Contabilidade |
| spelling | doaj.art-81f84059f72248c0b4eb9e261e4f25b12022-12-22T03:00:32ZengConselho Federal de Contabilidade (CFC)Revista de Educação e Pesquisa em Contabilidade1981-86102015-06-019210.17524/repec.v9i2.1231670Analysis of opinions issued in comment letters on the term prudenceVictor Ranieri Bomfim Sampaio de AraújoAna karla de Lucena GomesWenner Glaucio Lopes LucenaEdilson PauloSince 2001, the International Accounting Standards Board (Iasb) has worked to revise the Conceptual Framework (CF). Therefore, it has issued Discussion papers (DP), aiming to collect the stakeholders’ opinions about different aspects of the CF. One of the aspects discussed is the inclusion or not of Prudence in the CF. Therefore, this study aims to analyze the opinions issued in the comment letters in response to the DPs between 2006 and 2013 about the exclusion of the term Prudence from the CF. The research was undertaken through the content analysis of 420 comment letters forwarded to the Iasb, among which 176 were identified that contain the terms Prudence/Conservatism, 117 of which are in favor of including the term. Among those against the inclusion, the main justification is the existence of conflict between Prudence and neutrality. The respondents’ opinions were also separated per location and interest groups, showing that the European respondents are more favorable to the inclusion of the term, while Anglo-Saxon America defends it least. What the interest groups is concerned, the group that was most in favor of the insertion of the term were the Preparers, while the Financial Institutions were the most unfavorable agents. Using Kappa Analysis, it was observed that the level of agreement among the respondents’ opinions indicates weak agreement with the total number of samples, suggesting that further debate and reflection on the theme is needed.http://repec.org.br/index.php/repec/article/view/1231Estrutura ConceitualPrudênciaInformação ContábilCartas-Comentários. |
| spellingShingle | Victor Ranieri Bomfim Sampaio de Araújo Ana karla de Lucena Gomes Wenner Glaucio Lopes Lucena Edilson Paulo Analysis of opinions issued in comment letters on the term prudence Revista de Educação e Pesquisa em Contabilidade Estrutura Conceitual Prudência Informação Contábil Cartas-Comentários. |
| title | Analysis of opinions issued in comment letters on the term prudence |
| title_full | Analysis of opinions issued in comment letters on the term prudence |
| title_fullStr | Analysis of opinions issued in comment letters on the term prudence |
| title_full_unstemmed | Analysis of opinions issued in comment letters on the term prudence |
| title_short | Analysis of opinions issued in comment letters on the term prudence |
| title_sort | analysis of opinions issued in comment letters on the term prudence |
| topic | Estrutura Conceitual Prudência Informação Contábil Cartas-Comentários. |
| url | http://repec.org.br/index.php/repec/article/view/1231 |
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