FULL IMPACT OF ADOPTING IFRS IN FINANCIAL INDICATORS OF COMPANIES LISTED ON BOVESPA

Abstract

The movement of harmonization of international accounting standards has arisen due to increased international operations between the companies, either in terms of trade in goods and services, the search for capital, among others. In Brazil, this process began with the creation of the Accounting Pronouncements Committee (CPC ) in 2005, as the body responsible for issuing accounting standards in accordance with IFRS. In this context, this research aims to verify that the full adoption of IFRS standards by Brazilian companies brought statistically significant impacts on the economic-financial indicators of companies listed at BM&FBovespa relating to the financial statements for the year 2009, which were restated in 2010 according to the full IFRS standards for comparison purposes. The research is descriptive, conducted through document analysis and quantitative approach. The sample consisted of 75 companies in the index Brazil - prepared by IBrX BM&FBovespa. The results indicate that the adoption of international accounting standards did not impact the financial indicators of the companies analyzed. It is concluded that the full adoption of IFRS standards caused small changes in the averages, medians and standard deviations of economic- financial analysis.