scholarly journals An Analysis of Differences in Terms of Professional Interests Based on the Project to Replace IAS 39

2015 ◽  
Vol 26 (68) ◽  
pp. 181-194
Author(s):  
Cláudia Daniela Ferreira da Mota Carvalho ◽  
Fábio Henrique Ferreira de Albuquerque ◽  
Joaquín Texeira Quirós ◽  
Maria do Rosário Fernandes Justino
Keyword(s):  
Financial Reporting ◽  
Professional Associations ◽  
International Accounting ◽  
Financial Instruments ◽  
Chi Square ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
Harmonization Process ◽  
Chi Square Test ◽  
Ias 39

<p>The professional interests of the various stakeholders groups are often seen as obstacles to full accounting harmonization. Studying different professional interests in the accounting domain is significant for organizations involved in the international accounting harmonization process, insofar as it enables them to identify the main obstacles to face in order to achieve full harmonization. Thus, this article is aimed at analyzing the differences in terms of professional interests by addressing the participation of various stakeholders groups in the process of issuing/modifying standards of the International Accounting Standards Board (IASB). Based on content analysis, we examined the comment letters sent to the IASB in the context of the first part of the first phase of the project to replace the International Accounting Standard (IAS) 39, entitled "Financial Instruments - Recognition and Measurement", by the International Financial Reporting Standard (IFRS) 9, on its turn entitled "Financial Instruments". Respondents were identified according to the stakeholders group, and, later, the collected data underwent a nonparametric chi-square test. The results of this study indicate there are significant differences between the answers obtained from the various stakeholders groups involved in the process of issuing or reviewing a standard of the IASB, above all made clear between the group of financial preparers and the regulatory and/or standard-setting agencies and the professional associations related to accounting.</p>

scholarly journals Lobbying na Regulação Contábil: Evidências do Setor Petrolífero

2014 ◽  
Vol 25 (65) ◽  
pp. 124-144 ◽  
Author(s):  
Odilanei Morais dos Santos ◽  
Ariovaldo dos Santos
Keyword(s):  
Financial Reporting ◽  
Accounting Standards ◽  
Status Quo ◽  
International Accounting ◽  
International Accounting Standards ◽  
Discussion Paper ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
International Accounting Standards Board

Este trabalho tem como objetivo identificar os fatores determinantes à submissão de cartas comentários, como estratégia de lobbying no contexto da regulação contábil, à audiência pública do Discussion Paper Extractive Activities do International Accounting Standards Board IASB).Os resultados mostram o tamanho como fator determinante, em todas as modelagens utilizadas, indicando que grandes empresas petrolíferas possuem maior probabilidade para realizar lobbying. Essa propensão é verificada para posicionamentos essencialmente desfavoráveis às propostas apresentadas pelo IASB, o que implica em considerar que a revisão/substituição do International Financial Reporting Standard -IFRS6 será um processo complexo e sujeito a pressões por parte das empresas petrolíferas para manter o status quo.

Is IFRS 9 better than IAS 39 for investors' decisions? Evidence from the European context at the beginning of the transition year

2020 ◽  
pp. 125-148
Author(s):  
Alessandro Mechelli ◽  
Vincenzo Sforza ◽  
Riccardo Cimini
Keyword(s):  
Value Relevance ◽  
Fiscal Year ◽  
International Accounting ◽  
Financial Instruments ◽  
Reporting Standard ◽  
Accounting Standard ◽  
Ias 39 ◽  
Ifrs 9 ◽  
Retained Earnings ◽  
International Accounting Standard

The first-time adoption of International Financial Reporting Standard (IFRS) 9 at the beginning of fiscal year 2018 has offered the opportunity to test whether the information provided by this new accounting standard on financial instruments is more useful for investors than International Accounting Standard (IAS) 39. This paper assesses and compares the value relevance of book value calculated ac-cording to the requirements of the two accounting standards on financial instru-ments at the beginning of the transition year for a sample of 110 financial entities listed in 20 stock markets that have recorded transition effects between retained earnings. Findings provide evidence that both IAS 39 and IFRS 9 are value rele-vant and that the second one adds more information than that previously supplied by the first one. The paper contributes to the literature by providing the first evi-dence of the usefulness of the new accounting standard on financial instruments. About its practical implications, the paper provides insights regarding the high quality of the International Accounting Standard Board (IASB)'s standard setting process.

IFRS 9 «FINANCIAL INSTRUMENTS» IN THE CONTEXT OF SECURITY ECONOMIC SECURITY OF CREDIT INSTITUTIONS

2021 ◽  
Author(s):  
Алена Михайловна Кабанова ◽  
Людмила Ивановна Кругляк
Keyword(s):  
Financial Reporting ◽  
Economic Security ◽  
Financial Instruments ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
New Knowledge ◽  
Ifrs 9 ◽  
Credit Institutions

В статье рассматриваются актуальные особенности Между-народного стандарта финансовой отчетности (IFRS) 9 при их внедрении в российской банковской отчетности. Применение МФСО требует новых знаний, принципов и навыков специалистов соответствующих служб. МСФО - это не свод строгих, конкретных правил, а определенный набор требований и принципов. The article discusses the current features of the International Financial Reporting Standard (IFRS) 9 in the implementation and transformation of Russian banking reporting. The application of IFRS requires new knowledge, principles and skills of specialists of the relevant services. IFRS is not a set of strict, specific rules, but a specific set of requirements and principles.

scholarly journals Herclassificatie van financiële activa

2010 ◽  
Vol 84 (3) ◽  
pp. 133-142 ◽  
Author(s):  
Bert-Jan Bout ◽  
Ralph Ter Hoeven
Keyword(s):  
Financial Reporting ◽  
Fair Value ◽  
Fair Value Accounting ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
Ias 39 ◽  
Mate Waarin

Onder invloed van de kredietcrisis en na politieke druk vanuit de Europese Unie heeft de IASB in oktober 2008 en binnen zeer korte tijd een amendement doorgevoerd op de International Financial Reporting Standard (IFRS) over financiële instrumenten (IAS 39). Dit amendement maakt het onder voorwaarden mogelijk om door middel van een herclassificatie van financiële activa van fair-value-accounting naar kostprijsaccounting over te gaan. In dit artikel zullen de achtergrond en de inhoud van deze veranderingen worden besproken en geëvalueerd. Tevens worden de resultaten gepresenteerd van een empirisch onderzoek onder Europese financiële instellingen naar de mate waarin van deze herclassificatiemogelijkheid gebruik is gemaakt.

scholarly journals O processo de convergência do cpc pme/ ifrs sme sob a ótica do interacionismo simbólico

2018 ◽  
Vol 3 (1) ◽  
pp. 140-156
Author(s):  
Tiago Vasconcelos
Keyword(s):  
Financial Reporting ◽  
Accounting Standards ◽  
International Accounting ◽  
International Accounting Standards ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
International Accounting Standards Board

O IASB (International Accounting Standards Board), preocupando-se em adequar as Normas Internacionais de Contabilidade para todos os portes de empresas, criou a IFRS (International Financial Reporting Standard) para (PME) Pequenas e Médias Empresas, visando padronizar a contabilidade societária das empresas que não possuem o rigor e a estrutura das empresas de capital aberto. Apesar do Conselho Federal de Contabilidade determinar que as empresas PME se enquadrem ao CPC PME, devido ao pouco nível de estrutura e governança corporativa das empresas, não possuírem a obrigatoriedade de auditoria e a não necessidade de evidenciação dos seus relatórios financeiros ao mercado, muitas empresas não se adaptam ao CPC (Comitê de Pronunciamentos Contábeis) PME. As empresas que convergem ao CPC PME são decorrentes das decisões de seus gestores norteados pelas suas crenças, valores e experiências prévias em empresas que são obrigadas a utilizarem o IFRS para a divulgação dos seus resultados. O objetivo do presente ensaio teórico é refletir sobre o potencial do interacionismo simbólico como abordagem epistemológica para compreender o processo de convergência no Brasil ao CPC PME. Estas crenças, valores e experiências prévias podem ser embasados pelo interacionismo simbólico proporcionando um estilo de gestão que direcione a convergências das empresas PME à adoção das normas internacionais como processo e padrão das regras contábeis na prática.

scholarly journals Tratamiento contable de las stock options según la normativa contable internacional

2010 ◽  
Author(s):  
ELENA MERINO MADRID ◽  
REGINO BANEGAS OCHOVO ◽  
JESÚS FERNANDO SANTOS PEÑALVER
Keyword(s):  
Financial Reporting ◽  
Stock Options ◽  
Accounting Standards ◽  
Financial Accounting ◽  
International Accounting ◽  
International Accounting Standards ◽  
Financial Accounting Standards Board ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
Ifrs 2

LA RETRIBUCIÓN QUE HACEN LAS EMPRESAS A SUS DIRECTIVOS Y EMPLEADOS MEDIANTE LA ENTREGA DE OPCIONES SOBRE ACCIONES (STOCK OPTIONS) SE HA CONVERTIDO EN UNA PRÁCTICA HABITUAL EN MUCHOS PAÍSES DEL MUNDO. HASTA FECHAS RECIENTES NO EXISTÍA UN CONSENSO SOBRE EL TRATAMIENTO CONTABLE QUE SE DEBÍA DAR A ESTE TIPO DE TRANSACCIONES; SIN EMBARGO, EN LA ACTUALIDAD PARECE QUE TAL CONSENSO SE HA ALCANZADO AL EXIGIR TANTO EL INTERNATIONAL ACCOUNTING STANDARDS BOARD (IASB) COMO EL FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), EN LA INTERNATIONAL FINANCIAL REPORTING STANDARD, IFRS 2 (NIIF 2, NORMA INTERNACIONAL DE INFORMACIÓN FINANCIERA) Y STATEMENT OF FINANCIAL ACCOUNTING STANDARDS (SFAS) 123 (R) RESPECTIVAMENTE, QUE SE RECONOZCA LA REMUNERACIÓN BASADA EN LA ENTREGA DE OPCIONES SOBRE ACCIONES COMO UN GASTO EN LOS ESTADOS FINANCIEROS. EL OBJETIVO DE ESTE TRABAJO ES ANALIZAR EL TRATAMIENTO CONTABLE APLICABLE DE ACUERDO CON LA NORMATIVA CONTABLE INTERNACIONAL O DE INFORMACIÓN FINANCIERA (NIC/NIIF).

scholarly journals Does the use of hedge derivatives improve the credit ratings of Brazilian companies?

2020 ◽  
Vol 31 (82) ◽  
pp. 50-66
Author(s):  
Rafael Moreira Antônio ◽  
Marcelo Augusto Ambrozini ◽  
Vinícius Medeiros Magnani ◽  
Alex A. T. Rathke
Keyword(s):  
Financial Reporting ◽  
Panel Data Analysis ◽  
Credit Ratings ◽  
Assessment Process ◽  
Financial Instruments ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
Publicly Traded Companies ◽  
Rating Agencies ◽  
The Impact

ABSTRACT The purpose of this study is to identify the factors that may explain the attribution of credit ratings to firms, focusing especially on the impact of derivatives. The gap explored by this research lies in the novelty of analyzing how rating agencies perceive the effects caused by information related to derivatives use by Brazilian publicly-traded companies. In addition, this study shifts the previous findings from stock analysts to rating agencies, reinforcing the discussion about the complexity of derivatives in the credit risk assessment process. This research topic is currently of interest due to the adoption of International Financial Reporting Standard (IFRS) 9 (Accounting Pronouncements Committee - CPC - 48), which came into effect in January of 2018. Based on these rules, the main novelty presented in this article was its verification of the effect of the derivatives used by companies in order to hedge their credit ratings, thus helping to fill the empirical gap that exists in the literature from the area. The results found challenge the theory that the use of hedge derivatives is viewed positively by investors. However, although no significant statistical impact was found on the ratings of companies that use derivatives, it was observed that the companies that use derivatives and have the highest notional values were those that received the best ratings from Moody’s. With this we broadened the debate about the complexity of the information linked to derivatives use. In the study, 2,090 ratings attributed to non-financial companies with stocks traded on the Brasil, Bolsa, Balcão [B]³ exchange were examined between 2010 and 2016 by using panel data analysis, which lends robustness to the analysis and findings. Contrary to the central hypothesis of this research, the results presented here show that, in Brazil, companies that use derivative financial instruments for hedging do not receive the best credit ratings from rating agencies. One of the main contributions of this study is the evidence that Standard & Poor’s and Moody’s were unable to consistently incorporate information related to derivatives use, thus broadening the discussion about the complexity of these financial instruments.

scholarly journals Akuntansi Aset Biologis – Studi Kasus PT. Bibit Indonesia

2021 ◽  
Vol 1 (11) ◽  
Author(s):  
Mohamad Dedi Junaedi
Keyword(s):  
Financial Reporting ◽  
International Accounting ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
Accounting Standard ◽  
Parent Stock ◽  
International Accounting Standard

Latar belakang: Setiap negara memiliki sistem akuntansi berbeda yang disesuaikan dengan kebutuhan negara tersebut. Untuk meningkatkan komparabilitas dan kualitas laporan keuangan secara global, International Accounting Standard Board (IASB) mengembangkan dan mengeluarkan International Financial Reporting Standard (IFRS) dengan tujuan untuk mengurangi peraturan pelaporan yang berbeda antar negara, mengurangi biaya pelaporan keuangan perusahaan multinasional dan mengurangi biaya analisis laporan keuangan. Tujuan penelitian: Untuk mengatahui menganalisis perlakuan akuntansi aset biologis perusahaan, menganalisis klasifikasi aset biologis, nilai pasar aktif dan metode penilian aset biologis berdasarkan PSAK 69. Metode penelitian: Metode penelitian ini mengunakan metode kualitatif. Objek penelitian dilakukan pada PT. Bibit Indonesia. Hasil penelitian: Hasil penelitian menjukkan perusahaan sudah melakukan perlakuan akuntansi aset biologis sesuai dengan PSAK 69. Namun, masih terdapat beberapa perbedaan dimana perusahaan tidak melalukan pengukuran kembali nilai aset biologis pada setiap akhir periode pelaporan. Pengukuran kembali nilai wajar aset biologis diproyeksikan untuk laporan keuangan tiga bulan ke depan. Kesimpulan: Klasifikasi aset biologis perusahaan terbagi atas ayam pembibit induk nenek dan telur tetas. Masih belum terdapat pasar aktif atas aset biologis perusahaan. Jika ingin mengukur nilai pasar sebagai salah satu aspek pengukuran nilai wajar aset biologis, perusahaan mengambil dari nilai penjualan Parent Stock Daily On Chick (PS DOC), penjualan dari final stock broiler dan penjualan culled/infertile egg. Penilaian aset biologis perusahaan menggunakan metode hybrid, yaitu untuk ayam yang masih dalam masa pertumbuhan nilai ayam diukur berdasarkan biaya. Metode perusahaan dalam menilai aset biologis telah mengikuti langkah-langkah yang dijelaskan PSAK 69. Selisih menggunakan metode proyeksi nilai wajar dengan aktual nilai wajar menyebabkan selisih yang cukup besar.

scholarly journals Contabilidade das Operações de Leasing: Análise de Possíveis Ocorrências de Lobbying no Processo de Emissão da IFRS 16

2017 ◽  
Vol 11 (4) ◽  
Author(s):  
António Cariano ◽  
Fábio Henrique ferreira de Albuquerque ◽  
Manuela Marcelino ◽  
Nuno Rodrigues
Keyword(s):  
Financial Reporting ◽  
Accounting Standards ◽  
International Accounting ◽  
International Accounting Standards ◽  
Reporting Standard ◽  
International Financial Reporting Standard ◽  
Accounting Standard ◽  
Comment Letters ◽  
International Accounting Standard ◽  
International Accounting Standards Board

Objetivo: O estudo pretende analisar a potencial existência de lobbying no processo de substituição da International Accounting Standard (IAS) 17 pela International Financial Reporting Standard (IFRS) 16, emitidas pelo International Accounting Standards Board (IASB) e relativas às locações. Método: Foram recolhidas 641 comment letters submetidas à consulta pública no âmbito do Exposure Draft revisto (2013). O estudo adota a análise de conteúdo como método, sendo os dados posteriormente submetidos a técnicas de análise estatística univariada e bivariada. Resultados: Os resultados sugerem a existência de lobbying a partir da constatação de divergências significativas entre entidades financeiras e não financeiras no que diz respeito às questões principais da norma, relacionadas com o reconhecimento e com o modelo único de contabilização das locações. Contribuições: Aferir a existência de diferenças significativas de opinião indiciadoras de lobbying no âmbito de um projeto de substituição de norma promovido pelo Iasb e, em função dos distintos interesses envolvidos (lobbies), constitui, assim, o principal contributo da presente investigação.

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