CONFORMITY ANALYSIS OF FINANCIAL STATEMENTS OF THE PRIVATE FOUNDATIONS OF HEALTH OF THE STATE OF SANTA CATARINA

Abstract

The aim of this study is to present the results of an exploratory study wich analyze the compliance of financial statements and the notes to financial statements of private foundations of health of Santa Catarina (a Brazilian State), registered in the State Public Prosecutor for the years 2006 to 2008 with the Brazilian Non Profit Organization Accounting Standards. Data of 13 foundations were analyzed, from the archives of the Public Prosecutor of Santa Catarina, collected from the database software "Registration System for Supply of Accounts (SICAP –in Portuguese, “Sistema de Cadastro de Prestações de Contas”), which is a program used by no profit foundations to provide accounts to prosecutors. Applying a check-list, the study investigate the degree of conformity of four financial statements and notes to financial statements. The equity statement had the highest percentage of disclosure (88%) and the notes to financial statements had lower percentage (39%).