Impacto da adoção do SNC: Ótica do preparador da informação financeira

Abstract

The present work aims to study the impact of the SNC on the model of financial information, on the profession of chartered accountant and on companies, from the perspective of the preparer of information. Initially we described the evolution of accounting standards in Portugal and presented the structural differences between the current accounting model (SNC) and the previous model (POC). Then we performed a literature review of the most significant studies about the transition impacts and about the perception of preparers of information concerning the change in accounting standards. For this purpose we used a qualitative methodology, based on documentary analysis. Through the survey submitted to the preparers of information we gathered their opinion on the impact of adopting the new accounting model in the areas listed. The study concluded that concerning the substance, the main differences lay in the existence of a framework, a philosophy based more on principles rather than rules, prevalence of economic perspective, methodology focused approach to financial reporting and increased application of fair value, verifying the increased incorporation of value judgments. In formal terms, the differences between the two models are the format of the financial statements, instruments and standardization and account codes. On the preparers of information optic there is great confidence in the new standard, as it responds to the current needs of financial reporting, considers the characteristics and reality of domestic firms, allows comparability at various levels, reduces the cost of preparing information, improves the quality of information disclosure and implies benefits for the reputation of the chartered accountant. However, there is a risk of compromising the understanding by the users of information, difficulty for the managers to understand the consequences of the SNC in its financial statements and also the changes on reporting model are not followed by changes in business management.