Application of CPC 27 in the disclosure of fixed assets of companies in the meat and meat products segment listed on B3

Abstract

This study aimed to analyze the application of Technical Pronouncement 27 and the level of compliance of companies listed on Brasil, Bolsa, Balcão S/A (B3), inserted in the Meat and Derivatives segment, in the years 2009 and 2021. We sought to verify whether they comply with what is proposed by the pronouncement and whether they have given the correct accounting treatment to their fixed assets. This is a qualitative research, with a descriptive methodology and documentary procedure, with analysis of financial information disclosed by six companies in this segment. The criteria determined by items 73 to 79 of CPC 27 were analyzed, and the disclosures were classified according to what was presented by the companies. Based on this analysis and the accounting treatment given by the chosen sample, before and after international convergence, it is concluded that companies in the studied segment are not in compliance with CPC 27, as their disclosures do not include all the items required for the correct accounting treatment for your fixed assets. When comparing each item, many incomplete disclosures and lack thereof were observed, compromising the quality of financial information made available to users. As a result, it is understood that the segment studied partially meets what is proposed by the pronouncement, presenting 56% of the disclosures required by the standard in its explanatory notes considered complete. Due to the lack of research on the chosen segment and the quality of accounting information may be influenced by the environment in which the entity is inserted, this study contributes by adding knowledge to the accounting literature, generating information for academics, investors and users in general.