Impactos do IFRS nas atividades de hedge das empresas: evidências para o mercado brasileiro

This study aims to analyze possible changes in the use and accounting of derivatives depending on the convergence of Brazilian accounting standards to international standards (IFRS - IAS 39). The research is based on non-financial Brazilian companies and use as information explanatory notes regardin...

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Detalhes bibliográficos
Autor: Carvalho, Rafael Rodrigues
Formato: tesis de maestría
Estado:Versión publicada
Fecha de publicación:2014
País:Brasil
Recursos:Fundação Getulio Vargas (FGV)
Repositorio:Repositório Institucional do FGV (FGV Repositório Digital)
Idioma:portugués
OAI Identifier:oai:repositorio.fgv.br:10438/12043
Acesso em linha:https://hdl.handle.net/10438/12043
Access Level:acceso abierto
Palavra-chave:Derivativos
Contabilidade de hedge
Suavização de resultados
Derivatives
Hedge accounting
Earnings smoothing
IAS 39
Hedge
Economia
Derivativos (Finanças)
Hedging (Finanças)
Hedging (Finanças) - Contabilidade
Descrição
Resumo:This study aims to analyze possible changes in the use and accounting of derivatives depending on the convergence of Brazilian accounting standards to international standards (IFRS - IAS 39). The research is based on non-financial Brazilian companies and use as information explanatory notes regarding derivatives and the volatility of selected balance sheet accounts: earnings and cash flows. Despite the assumptions made, the results showed that the change in accounting standards did not affect the use of derivatives and, also, it was not found any evidence about the impact on the volatility of cash flow and net income. Finally, it was observed that the alternative method for hedge accounting softened the volatility of the firm's profits.