DISCLOSURE OF IMPAIRMENT OF THE FIXED ASSETS VALUE: ANALYSIS IN BRAZILIAN STEEL SECTOR

Authors

  • Anderson de Oliveira Reis Universidade Federal de Viçosa
  • Daniela Araújo dos Anjos Universidade Federal de Viçosa
  • Gislaine Aparecida Santana Sediyama Universidade Federal de Viçosa
  • Débora Lage Martins Lélis Universidade Federal de Minas Gerais

Abstract

The appropriateness of fixed assets to their real capacity of economic return has made the Impairment test became necessary. By providing a faithful representation and transparency, the application of the test becomes even more relevant to companies in the steel sector, as they have a high level of investment in fixed assets. The aim of this study was to analyse if the companies in the Brazilian steel sector have adequate disclosure as information relating to the recoverable value of its fixed assets in his financial reporting. The research is characterized as descriptive with qualitative analysis of the data and information collected in the financial statements of companies in this sector, listed on the BM&FBovespa, in 2008 to 2010. The data reveal inadequacy of information evidenced forward the requirements of CPC 01. We conclude that the financial statements present a more descriptive than explanatory, presenting itself more like a replica of the CPC 01 than a clear representation of the reality of companies. This could compromise the faithful representation and transparency of information evidenced by the companies.

 

Keywords: Disclosure. Impairment Test. Fixed Assets.

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Author Biographies

Anderson de Oliveira Reis, Universidade Federal de Viçosa

Graduando em Ciências COntábeis pela Universidade Federal de Viçosa

Daniela Araújo dos Anjos, Universidade Federal de Viçosa

Graduanda em Ciências Contábeis - Universidade Federal de Viçosa (UFV) - Departamento de Administração e Contabilidade

Gislaine Aparecida Santana Sediyama, Universidade Federal de Viçosa

Mestre em Controladoria e Contabilidade (UFMG) - Universidade Federal de Viçosa (UFV) - Departamento de Administração e Contabilidade

Débora Lage Martins Lélis, Universidade Federal de Minas Gerais

Mestre em Controladoria e Contabilidade (UFMG) - Universidade Federal de Minas Gerais – UFMG - Companhia Energética de Minas Gerais S/A, Superintendência de Auditoria Interna

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Published

10-09-2013

How to Cite

REIS, A. de O.; DOS ANJOS, D. A.; SEDIYAMA, G. A. S.; LÉLIS, D. L. M. DISCLOSURE OF IMPAIRMENT OF THE FIXED ASSETS VALUE: ANALYSIS IN BRAZILIAN STEEL SECTOR. REVISTA AMBIENTE CONTÁBIL - Universidade Federal do Rio Grande do Norte, [S. l.], v. 5, n. 2, p. 37–52, 2013. Disponível em: https://periodicos.ufrn.br/ambiente/article/view/4147. Acesso em: 22 nov. 2024.

Issue

Vol. 5 No. 2 (2013): Jul./Dez.

Section

ARTICLES

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