Impactos da implementação da IFRS 16

: o caso das empresas do PSI 20

Abstract

In January of 2016, IASB issued a new accounting standard for the accounting of lease contracts. IFRS 16 requires the capitalization of operational leases, leading to changes in classification and recognition level in the lessees' financial statements, eliminating the previous classification of operational and financial leases. The present dissertation aims to determine the impact of IFRS 16 adoption on the financial situation and main metrics and financial ratios of Portuguese companies listed in the PSI 20, companies that applies the international financial reporting standards. The second goal is to determine the incentives and motivations that led the companies to choose one of the transition models provided by IFRS 16, and whether this decision has a significant impact on the financial information. The results show that the new standard that regulate leases has a statistically significant impact on the metrics and financial ratios analyzed, with exception of return on equity. Regarding the second goal of this dissertation, the results are statistically relevant to the impact on the financial situation when the modified retrospective model is adopted, however, due to the reduced size of the analyzed population, the same is no longer true for the full retrospective model.

Date of Award	6 Jul 2021
Original language	Portuguese
Awarding Institution	Universidade Católica Portuguesa
Supervisor	Ricardo Cunha (Supervisor)