Análise dos impactos dos CPCs da primeira fase de transição para o IFRS no Brasil: Um exame dos ajustes aos resultados nas DFPs de 2008

Abstract

In regard to the Brazilian international accounting convergence to the international standards, according to the Law 11.638/07, this work aims to measure and analyze the impact on the companies’ results of each new norm proceeded from the first transition phase to the IFRS (International Financial Reporting Standard). 175 public companies that published the reconciliation table of the effects of the new Law on the Explanatory Notes of their 2008 Financial Reports were examined. The impact of each norm was measured by the inverse of Weetman et al. (1998)’s “Partial Comparability Index”, according to Gray’s (1980, 1988) “accounting values” and “Index of Conservatism”. The most proeminent impacts were: the exclusion of transaction costs and premiums for the bonds issued, which in average tripled the profits of the companies that reported this adjustment in 2007; and the impairment of assets , wich led to a 260% average decrease in the profits of the companiesreporting it in 2008.