Evidence of fixed assets by Brazilian subnational governments
Objective: To analyze the evolution of the accounting treatment given to fixed assets by Brazilian public sector entities in the face of the process of convergence of Brazilian Accounting Standards to international standards. Methodology: Descriptive, qualitative and with the use of bibliographic...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | Portuguese |
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Universidade Federal do Rio Grande do Norte
2023-01-01
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| Series: | Revista Ambiente Contábil |
| Subjects: | |
| Online Access: | https://periodicos.ufrn.br/ambiente/article/view/31154 |
| _version_ | 1797948349368762368 |
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| author | Eduardo Costa Brandão Roberto Sérgio do Nascimento Edson da Silva França Ricardo Viotto |
| author_facet | Eduardo Costa Brandão Roberto Sérgio do Nascimento Edson da Silva França Ricardo Viotto |
| author_sort | Eduardo Costa Brandão |
| collection | DOAJ |
| description | Objective: To analyze the evolution of the accounting treatment given to fixed assets by Brazilian public sector entities in the face of the process of convergence of Brazilian Accounting Standards to international standards.
Methodology: Descriptive, qualitative and with the use of bibliographic and documentary survey through the examination of financial statements and explanatory notes of all states of the Brazilian region in the period between 2015 and 2019.
Results: Were considered few satisfactory in relation to the items surveyed due to low adherence (55%) and non-adherence (33.33%) of the data analyzed to the standards examined, demonstrating that informational asymmetry persists to stakeholders, so harmful to public transparency and accountability. The lack of information regarding depreciation methods, fixed assets offered as collateral, contractual commitments in the acquisition of assets and indemnification of third parties for asset items were noted.
Study Contributions: To know the main changes and gains in the convergence process, with the standardization of accounting procedures in relation to the standards examined those deals with fixed assets, as well as the results of the evolution of the evidence process and the main challenges in meeting this standard. |
| first_indexed | 2024-04-10T21:41:56Z |
| format | Article |
| id | doaj.art-de32efcdc5764e639791fd5fba31047e |
| institution | Directory Open Access Journal |
| issn | 2176-9036 |
| language | Portuguese |
| last_indexed | 2024-04-10T21:41:56Z |
| publishDate | 2023-01-01 |
| publisher | Universidade Federal do Rio Grande do Norte |
| record_format | Article |
| series | Revista Ambiente Contábil |
| spelling | doaj.art-de32efcdc5764e639791fd5fba31047e2023-01-18T23:29:39ZporUniversidade Federal do Rio Grande do NorteRevista Ambiente Contábil2176-90362023-01-0115110.21680/2176-9036.2023v15n1ID3115435209Evidence of fixed assets by Brazilian subnational governmentsEduardo Costa Brandão0https://orcid.org/0000-0002-1236-9409Roberto Sérgio do Nascimento1https://orcid.org/0000-0001-8217-9267Edson da Silva França2https://orcid.org/0000-0001-8217-9267Ricardo Viotto3https://orcid.org/0000-0002-0173-9195Federal University of Ceará (UFC). Federal University of Ceará (UFC). Federal University of Ceará (UFC). Federal University of Ceará (UFC). Objective: To analyze the evolution of the accounting treatment given to fixed assets by Brazilian public sector entities in the face of the process of convergence of Brazilian Accounting Standards to international standards. Methodology: Descriptive, qualitative and with the use of bibliographic and documentary survey through the examination of financial statements and explanatory notes of all states of the Brazilian region in the period between 2015 and 2019. Results: Were considered few satisfactory in relation to the items surveyed due to low adherence (55%) and non-adherence (33.33%) of the data analyzed to the standards examined, demonstrating that informational asymmetry persists to stakeholders, so harmful to public transparency and accountability. The lack of information regarding depreciation methods, fixed assets offered as collateral, contractual commitments in the acquisition of assets and indemnification of third parties for asset items were noted. Study Contributions: To know the main changes and gains in the convergence process, with the standardization of accounting procedures in relation to the standards examined those deals with fixed assets, as well as the results of the evolution of the evidence process and the main challenges in meeting this standard.https://periodicos.ufrn.br/ambiente/article/view/31154fixed assets. brazilian accounting standard. convergence. ipsas. |
| spellingShingle | Eduardo Costa Brandão Roberto Sérgio do Nascimento Edson da Silva França Ricardo Viotto Evidence of fixed assets by Brazilian subnational governments Revista Ambiente Contábil fixed assets. brazilian accounting standard. convergence. ipsas. |
| title | Evidence of fixed assets by Brazilian subnational governments |
| title_full | Evidence of fixed assets by Brazilian subnational governments |
| title_fullStr | Evidence of fixed assets by Brazilian subnational governments |
| title_full_unstemmed | Evidence of fixed assets by Brazilian subnational governments |
| title_short | Evidence of fixed assets by Brazilian subnational governments |
| title_sort | evidence of fixed assets by brazilian subnational governments |
| topic | fixed assets. brazilian accounting standard. convergence. ipsas. |
| url | https://periodicos.ufrn.br/ambiente/article/view/31154 |
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