ANALYSIS OF FINANCIAL STATEMENTS FOR THE ADEQUACY OF THE SOUTHERN STATES TO ACCOUNTING STANDARDS APPLY TO BRAZILIAN PUBLIC SECTOR

Abstract

The Federal Accounting Council adopted the Brazilian Accounting Standards Applied to the Public Sector (NBC SP T) in 2008, formalizing several particularities assigned to the area, which has impact on the practices of recognition, measurement and disclosure and also in the Financial Statements. This research aimed to identify if changes have occurred in the financial statements arising from the public deployment of NBC T SP. The opportunity to develop this study is related to the intense search for better accounting practices, and the preparation of financial statements that convey its users reliability and transparency of public accounts, and the comparability of these statements from the authorities. In terms of methodology, the study was descriptive, documentary and qualitative . Data were collected on the websites of the surveyed entities, between the years of 2009 and 2010. The results show, from the analyzes carried out in this study, that the NBC T SP 16.6, which deals with Financial Statements, was not observed in any of the states analyzed in 2009. The situation repeated itself in 2010, with the exception of the State of Santa Catarina which presented the Statement of Cash Flows in its Balance Sheet as well as the new structure of the Balance Sheet. What can be concluded is that NBC 16.6 T was little observed by the states under review. However, NBC 16.7 T, which addresses the consolidation of financial statements, was observed by virtually all states in the two years under review, with the exception only of the state of Rio Grande do Sul.