| Name: | Description: | Size: | Format: | |
|---|---|---|---|---|
| 849.61 KB | Adobe PDF |
Authors
Advisor(s)
Abstract(s)
No decorrer do século XXI, o fator da fiabilidade da informação obtida, na generalidade, foi tendo cada vez mais preponderância junto da sociedade mundial, não só pela necessidade dos recetores de informação sentirem que estão a receber a informação correta, assim como poderem tomar decisões tendo por base a informação obtida. Como exemplo da mudança de comportamento da sociedade, o aumento da exigência dos players do mercado financeiro, utilizadores da informação financeira, originou que a forma de comunicar dos órgãos de gestão e dos auditores fosse alterada. A necessidade de esclarecer os utilizadores das demonstrações financeiras, fez com que fosse criada uma nova norma de auditoria. A International Standards on Auditing (ISA) 701, obriga que no relatório de auditoria das empresas cotadas no FTSE 100, sejam divulgados os riscos de distorção mais significativos, designados como Key Audit Matters (KAM). O estudo realizado visa relacionar os Riscos KAM (Matérias Relevantes de Auditoria) e os Riscos de Materialidade. Para tal, recorreu-se ao às empresas que integram o FTSE 100 – Índice da Bolsa de Valores de Londres, onde foram recolhidos os dados dos relatórios anuais de auditoria das 100 empresas, no ano de 2022. A análise dos resultados permitiu aferir que o risco KAM mais utilizado pelas empresas do FTSE 100 é Revenue e que o risco de Materialidade mais identificado é o Resultado Antes de Imposto (Profit Before Tax).
Over the course of the 21st century, the factor of the reliability of the information obtained, in general, has become increasingly important to society worldwide, not only because of the need for information recipients to feel that they are receiving the correct information, but also because they can make decisions based on the information obtained. As an example of the change in society's behavior, the increased demands of financial market players, users of financial information, has led to a change in the way management bodies and auditors communicate. The need to clarify the users of financial statements led to the creation of a new auditing standard. International Standards on Auditing (ISA) 701 requires that the most significant risks of misstatement, known as Key Audit Matters (KAM), be disclosed in the audit report of companies listed on the FTSE 100. This study aims to relate KAM (Key Audit Matters) risks to materiality risks. To this end, we used the companies that make up the FTSE 100 - London Stock Exchange Index, where we collected data from the annual audit reports of the 100 companies in 2022. Analysis of the results showed that the KAM risk most used by FTSE 100 companies is Revenue and that the most identified Materiality risk is Profit Before Tax.
Over the course of the 21st century, the factor of the reliability of the information obtained, in general, has become increasingly important to society worldwide, not only because of the need for information recipients to feel that they are receiving the correct information, but also because they can make decisions based on the information obtained. As an example of the change in society's behavior, the increased demands of financial market players, users of financial information, has led to a change in the way management bodies and auditors communicate. The need to clarify the users of financial statements led to the creation of a new auditing standard. International Standards on Auditing (ISA) 701 requires that the most significant risks of misstatement, known as Key Audit Matters (KAM), be disclosed in the audit report of companies listed on the FTSE 100. This study aims to relate KAM (Key Audit Matters) risks to materiality risks. To this end, we used the companies that make up the FTSE 100 - London Stock Exchange Index, where we collected data from the annual audit reports of the 100 companies in 2022. Analysis of the results showed that the KAM risk most used by FTSE 100 companies is Revenue and that the most identified Materiality risk is Profit Before Tax.
Description
Keywords
KAM Materialidade Revenue Profit before tax Materiality