Evidência de práticas de manipulação de resultados na transição para o SNC

Abstract

The purpose of this dissertation is to examine the existence of management earnings and verify their application in the companies covered by the normative transition of POC to SNC (Portuguese GAAP). A sample of 19 companies was built, including two industries, textiles and construction, which are distinctive. The study encompassed a three-year period, ranging from 2009, the year before the normative transition, 2010, the transition year, and 2011, the year after. The normative transition is a recent process in Portugal. Therefore, more studies are required since it seems relevant to know the effects that normative transition exerted on the information of firms that now follow the SNC. The present study draws on the existing literature, which stems from the normative introduction of IFRS in 2005, since it seemed comparable to the SNC. The research method draws on Fernandes (2009) study, which aims at verifying earnings management practices via discretionary accruals on financial reports of companies encompassed by the IFRS in 2005. Results revealed that the transition originated opportunistic behaviour through earning management. However, the effects were not visible until one year after the transition took place. Such results may be explained in two ways. One is that the judicious behaviour of managers and accountants. Another is the lack of knowledge and inexperience regarding the new normative during the transition year. But the study also revealed that both the industry and the auditing corporation are irrelevant to the level of earning management practices.

Date of Award	27 Feb 2014
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Luísa Anacoreta (Supervisor) & Ricardo Ribeiro (Co-Supervisor)