RELEVANCE OF THE EARNINGS MANAGEMENT INDICATIONS IDENTIFIED IN COMPANIES UNDER THE FASB AND IFRS STANDARDS, FROM THE PERSPECTIVE OF THE INVESTOR

Authors

  • Jocelino Donizetti Teodoro Sócio-proprietário da empresa Arth Contábil Assessoria e Consultoria Empresarial. Mestre em Contabilidade pela Universidade Federal do Paraná (UFPR) https://orcid.org/0000-0003-1615-2140
  • Katia Graciele Moraes Mapa Sócia-prop. e Consultora da empresa Lazuli Rep. Com. e Gestão de Negócios Curitiba/PR. Bacharel em Ciências Contábeis pela Faculdade Modelo (FACIMOD) https://orcid.org/0000-0003-3285-0846

DOI:

https://doi.org/10.18028/rgfc.v10i1.7602

Keywords:

Earnings Management Indications, Framework, Profitability, Relevance

Abstract

Considering the persistence, for a long time, of the differences related to the accounting guidelines arising from the FASB and the IASB, as well as the main objective of both institutions in informing their respective users for decision making, the present research aimed to study the relevance that stock investors attribute to the earnings management indications for their decision, according to the framework adopted. To this, companies belonging to BM&F Bovespa, representatives of companies that adopt IFRS standards, and Nasdaq companies, representing those that adopt FASB standards, were selected. The Dechow and Dichev model (2002) was used to estimate the earnings management indications, later using Linear Regression to assess the relevance of these indications for the profitability of the shares. As a result, it was found that although there is little evidence that the stock investor takes into account, or even realizes, the earnings management indications in their decisions, it was observed in some of the models statistical significance and in reverse order of the earnings management indications for the profitability of the shares.

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Published

2021-02-27

Issue

Section

ARTIGOS