Impacto da Adoção das Normas Internacionais de Contabilidade na Análise do Capital de Giro

Abstract

The adoption of international accounting standards brought significant changes in Brazilian accounting practices. Considering these changes, there is the possibility that they have an impact on all the balance sheet analysis indicators that are carried out based on the published financial statements, as well as on working capital indices. Therefore, this study aims to verify the impact of the adoption of international accounting standards on the indicators of dynamic analysis of working capital, according to the Fleuriet Model, in the companies listed on B3. We conducted a research with quantitative approach. The sample is composed of 131 companies belonging to the sectors of Industrial Goods, Cyclic Consumption, Non-Cyclic Consumption, Basic Materials, Oil, Gas and Biofuels, Health, Information Technology and Telecommunications. The following statistical techniques were used: Kolmogorov-Smirnov and Shapiro-Wilk normality tests; T-student and Wilcoxon to verify the significance of two means. The main results of this research were that the adoption of international standards impacted working capital indicators by the Fleuriet Model. It should be noted that as of 2007 there is an average balance of companies in the growing sample of Treasury and Net Working Capital, which may be the result of the adoption of international accounting standards.