Brazilian professionals’ perception in relation to the accounting convergence process to IFRS

Abstract

The objective of this paper was identifying the main difficulties faced by the accounting and financial professionals of entities located in Brazil in the implementation of the new Brazilian accounting practices. This work is characterized regarding its nature as descriptive and exploratory, concerning the applied method, quantitative, making use of Kruskal-Wallis test and qualitative by means of content analysis. The population was composed of entities located in Brazil with foreign trade activities, import or export. The sample, by convenience, was composed of entities located in the metropolitan São Paulo whose business involved import in the year of 2009. Data were collected according to a questionnaire whose questions were formulated for attending the specific objectives described in this paper. The main results pointed that the professionals’ perception regarding the main difficulties in the implementation of the new Brazilian accounting practices are linked to the recognition, measurement and disclosure of Property, Plant and Equipment and Intangibles, besides the lack of qualified professionals and information technology support. In general, it is assumed that despite the difficulties, the accounting and financial professionals realize that the new accounting practices will bring positive impacts in terms of investments in Brazil.

Keywords

• IFRS
• Práticas Contábeis
• Percepção profissional