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Abstract(s)
O objetivo deste trabalho é estudar a manipulação de resultados associadas à transição normativa do POC para o SNC. O estudo usou uma amostra de 19 empresas representantes do setores Têxtil e da Construção, setores estes que apresentam especificidades distintas. O estudo incidiu em três anos, o ano da transição normativa (2010) e os anos imediatamente anterior (2009) e posterior (2011). A transição normativa que Portugal assistiu é um processo recente que carece de algum estudo. Parece. Por isso, relevante conhecer os efeitos eventualmente ocasionados pela transição normativa na informação financeira das empresas agora abrangidas, pelo SNC. O presente trabalho assentou na literatura que decorre da introdução normativa das IFRS em 2005, por se tratar do normativo que apresenta mais semelhanças ao SNC. O método de investigação utilizado baseia-se num estudo levado de Fernandes (2009) que tem como intuito verificar a aplicação de manipulações de resultados via os accruals discricionários nas demonstrações financeiras das empresas abrangidas pela adoção das IFRS em 2005. Os resultados obtidos demonstram que, de facto, a transição normativa contabilística a que Portugal assistiu suscitou comportamentos oportunistas através da prática de manipulação de resultados. Todavia, os efeitos não foram visíveis senão no ano Pós-SNC. Os resultados obtidos podem ser explicados quer pelo comportamento prudente por parte dos gestores e/ou contabilistas, quer pela falta de conhecimento e inexperiência do normativo no ano da sua introdução. Os resultados deste trabalho evidenciam, igualmente, que o setor de atividade e o tipo de empresa que presta serviço de auditoria às contas das empresas não tem impacto no nível de manipulação de resultados.
The purpose of this dissertation is to examine the existence of management earnings and verify their application in the companies covered by the normative transition of POC to SNC (Portuguese GAAP). A sample of 19 companies was built, including two industries, textiles and construction, which are distinctive. The study encompassed a three-year period, ranging from 2009, the year before the normative transition, 2010, the transition year, and 2011, the year after. The normative transition is a recent process in Portugal. Therefore, more studies are required since it seems relevant to know the effects that normative transition exerted on the information of firms that now follow the SNC. The present study draws on the existing literature, which stems from the normative introduction of IFRS in 2005, since it seemed comparable to the SNC. The research method draws on Fernandes (2009) study, which aims at verifying earnings management practices via discretionary accruals on financial reports of companies encompassed by the IFRS in 2005. Results revealed that the transition originated opportunistic behaviour through earning management. However, the effects were not visible until one year after the transition took place. Such results may be explained in two ways. One is that the judicious behaviour of managers and accountants. Another is the lack of knowledge and inexperience regarding the new normative during the transition year. But the study also revealed that both the industry and the auditing corporation are irrelevant to the level of earning management practices.
The purpose of this dissertation is to examine the existence of management earnings and verify their application in the companies covered by the normative transition of POC to SNC (Portuguese GAAP). A sample of 19 companies was built, including two industries, textiles and construction, which are distinctive. The study encompassed a three-year period, ranging from 2009, the year before the normative transition, 2010, the transition year, and 2011, the year after. The normative transition is a recent process in Portugal. Therefore, more studies are required since it seems relevant to know the effects that normative transition exerted on the information of firms that now follow the SNC. The present study draws on the existing literature, which stems from the normative introduction of IFRS in 2005, since it seemed comparable to the SNC. The research method draws on Fernandes (2009) study, which aims at verifying earnings management practices via discretionary accruals on financial reports of companies encompassed by the IFRS in 2005. Results revealed that the transition originated opportunistic behaviour through earning management. However, the effects were not visible until one year after the transition took place. Such results may be explained in two ways. One is that the judicious behaviour of managers and accountants. Another is the lack of knowledge and inexperience regarding the new normative during the transition year. But the study also revealed that both the industry and the auditing corporation are irrelevant to the level of earning management practices.
Description
Keywords
Manipulação de resultados Accruals discricionários SNC Big bath accounting Income smoothing Earning management Discretionary accruals