Banca de DEFESA: UILIAM BITTENCOURT BOMFIM

Uma banca de DEFESA de MESTRADO foi cadastrada pelo programa.
DISCENTE : UILIAM BITTENCOURT BOMFIM
DATA : 19/10/2020
HORA: 08:00
LOCAL: Webconferência
TÍTULO:

The value relevance of accounting indicators from the income statement: an analysis of the impact of IFRS adoption on B3 listed companies

PALAVRAS-CHAVES:

Accounting indicators. Value relevance. Income statement. International Financial Reporting Standards (IFRS).

PÁGINAS: 50
GRANDE ÁREA: Ciências Sociais Aplicadas
ÁREA: Administração
SUBÁREA: Ciências Contábeis
RESUMO:

The purpose of this study is to examine and compare the value relevance of a set of accounting indicators from the income statement. Subsidiarily, the objective is to assess whether the value relevances are significantly different in two different periods: before IFRS and after IFRS adoption. Based on Barton, Hansen and Pownall (2010), the value relevance of seven accounting indicators was investigated, these are: Net sales, EBITDA, EBIT, income before taxes (IBT), income before extraordinary items and discontinued operations (IBEXIDO), net income (NI) and operating cash flows (OCF). The Economatica database was used, considering the time interval between 2005 and 2019. The population analyzed comprises publicly traded companies listed in B3, excluding financial institutions. For estimation, the method of ordinary least squares (OLS) was used for stacked data. The results for the pre-IFRS period demonstrate that no variable was shown to be relevant in the period. Results for the post-IFRS period show that relevance of variables tends to increase moving down the income statement. Sales presented the lowest relevance value, after the adoption of IFRS, compared to other indicators. There is no significant difference between the variables IBT, IBEXIDO and NI, albeit with the variable IBEXIDO having a slight advantage. From these results, information can be provided to users of accounting information, such as investors, business administrators and standards makers, regarding the value relevance of accounting indicators from the income statement, allowing them to make better decisions.

MEMBROS DA BANCA:
Interno - 2140457 - ANTONIO GUALBERTO PEREIRA
Presidente - 1220619 - FRANCISCO GAUDENCIO MENDONCA FREIRES
Interno - 2346797 - SHEIZI CALHEIRA DE FREITAS
Externo à Instituição - SIRLEI LEMES - UFU