Mestrado em Ciências Contábeis
URI Permanente para esta coleção
Nível: Mestrado Acadêmico
Ano de início: 2010
Conceito atual na CAPES: 4
Ato normativo:
Homologado pelo CNE, Parecer CES/CNE nº 487/2018 (Portaria MEC nº 609, de 14/03/2019), DOU 18/03/2019, Seção 1, p. 63.
Periodicidade de seleção: Anual
Área(s) de concentração: Contabilidade e Controladoria
Url do curso: https://cienciascontabeis.ufes.br/pt-br/pos-graduacao/PPGCC/detalhes-do-curso?id=1477
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Submissões Recentes
- ItemImplicação da adoção do CPC 47 sobre a agressividade tributária de empresas brasileiras listadas(Universidade Federal do Espírito Santo, 2024-08-13) Decoté, João Victor Coelho; Marques, Vagner Antônio; https://orcid.org/0000000172104552; http://lattes.cnpq.br/8704491263853222; https://orcid.org/0000-0002-1457-828X; http://lattes.cnpq.br/5229676992424674; Bispo, Jorge de Souza; https://orcid.org/0000-0002-1845-2473; http://lattes.cnpq.br/; Cruz, Giuseppe Trevisan; https://orcid.org/0000-0001-5165-0597; http://lattes.cnpq.br/9357659868811983The adoption of CPC 47, which introduced more flexible guidelines for revenue recognition, may have incentivized an increase in corporate tax aggressiveness, as taxpayers tend to exploit such opportunities to optimize their tax positions. This study aims to analyze the implications of CPC 47 implementation on the tax aggressiveness of companies listed on B3 during the period from 2010 to 2023, and to investigate how sectors more vulnerable to normative changes have influenced this dynamic. The national literature remains sparse concerning studies that address the relationship between CPC 47 and tax aggressiveness of B3-listed firms, as well as the specific impact on sectors most exposed to accounting changes. Data from 471 companies were analyzed using descriptive statistics, mean difference tests, and panel data regression. Descriptive statistics and panel data regressions indicated that the adoption of CPC 47 generally led to increased tax aggressiveness among companies. However, tax aggressiveness in sectors identified by the literature as more susceptible to the effects of CPC 47 exhibited the opposite trend, decreasing after the change in revenue recognition standards, highlighting the complexity of tax aggressiveness dynamics in the Brazilian context. This complexity was further underscored by additional analyses that examined how the most aggressive companies behaved post-adoption of CPC 47 and how entities in more exposed sectors under the large taxpayer monitoring regime of the Brazilian Federal Revenue reacted to the new revenue recognition standards. The findings of this study provide significant contributions to understanding the fiscal stance adopted by companies in response to flexible accounting changes such as CPC 47. Specifically, they shed light on how normative flexibility impacts tax aggressiveness across different sectors and how companies adjust their tax strategies in response to new accounting guidelines. Additionally, the study offers insights into the interaction between corporate tax practices and the Brazilian Federal Revenue’s monitoring program, illustrating how fiscal oversight can affect compliance and tax aggressiveness. These findings have substantial implications for regulators, accounting professionals, and scholars, offering empirical evidence for evaluating the effectiveness of accounting standards and fiscal policies in contexts of normative flexibility
- ItemInfluência da adoção do CPC 47 na gestão do capital de giro e resultado econômico das empresas brasileiras listadas(Universidade Federal do Espírito Santo, 2025-03-14) Bello, Marina de Morais; Reina, Donizete; https://orcid.org/0000-0001-6217-2324; http://lattes.cnpq.br/6775492728267435; https://orcid.org/0009-0008-9416-4474; http://lattes.cnpq.br/3403463362355630; Maria Junior, Elizeu; https://orcid.org/0000-0002-8228-5980; http://lattes.cnpq.br/7515117984616885; Dantas, José Alves; https://orcid.org/0000-0002-0577-7340; http://lattes.cnpq.br/4292408391743938Accounting has undergone transformations with the adoption of CPC 47 – Revenue from Contracts with Customers, which standardized revenue recognition across all economic sectors, replacing previous fragmented regulations (Dias & Costa, 2024). This research investigates the effects of the adoption of CPC 47 on working capital management and the economic performance of Brazilian companies listed on [B]³, analyzing periods before and after the mandatory implementation of the standard. Quantitative analysis techniques were employed, including robust linear regressions, quantile regressions, and non-parametric tests, to assess statistical differences between periods and sectors with higher and lower exposure to the standard. The sample comprises 1,610 observations of companies listed on [B]³ between 2010 and 2023, excluding financial institutions. The variables of interest include the Cash Conversion Cycle (CCC) and Return on Assets (ROA), along with control variables such as company size, COVID, financial leverage, and corporate life cycle stage. The OLS linear regression results indicate that the adoption of CPC 47 did not significantly impact working capital management and economic performance in a generalized manner. However, sector-based analysis, through additional hypotheses, revealed that companies more exposed to the standard, such as those in Construction and Industrial Goods, experienced greater changes in working capital management, while Industrial Goods, Healthcare, and Technology sectors showed negative impacts on economic performance, confirming sectoral variations. The quantile regression, used as a robustness test, revealed that the impacts of CPC 47 were not homogeneous across the distribution of financial variables. Companies with longer cash conversion cycles adjusted their strategies to reduce CCC after the adoption of the standard, while companies at the extremes of the ROA distribution (less profitable and highly profitable firms) were the most negatively affected. The findings contribute to the literature by demonstrating that accounting standardization can have differentiated effects across economic sectors. From a practical perspective, the study provides valuable insights for regulators, managers, and investors regarding the financial impacts of adopting new accounting standards and their implications for the predictability of corporate results
- ItemInfluência da adoção do CPC 47 na gestão do capital de giro e resultado econômico das empresas brasileiras listadas(Universidade Federal do Espírito Santo, 2025-03-14) Bello, Marina de Morais; Reina, Donizete; https://orcid.org/0000-0001-6217-2324; http://lattes.cnpq.br/6775492728267435; https://orcid.org/0009-0008-9416-4474; http://lattes.cnpq.br/3403463362355630; Maria Júnior, Elizeu; https://orcid.org/0000-0002-8228-5980; http://lattes.cnpq.br/7515117984616885; Dantas, José Alves; https://orcid.org/0000-0002-0577-7340; http://lattes.cnpq.br/4292408391743938Accounting has undergone transformations with the adoption of CPC 47 – Revenue from Contracts with Customers, which standardized revenue recognition across all economic sectors, replacing previous fragmented regulations (Dias & Costa, 2024). This research investigates the effects of the adoption of CPC 47 on working capital management and the economic performance of Brazilian companies listed on [B]³, analyzing periods before and after the mandatory implementation of the standard. Quantitative analysis techniques were employed, including robust linear regressions, quantile regressions, and non-parametric tests, to assess statistical differences between periods and sectors with higher and lower exposure to the standard. The sample comprises 1,610 observations of companies listed on [B]³ between 2010 and 2023, excluding financial institutions. The variables of interest include the Cash Conversion Cycle (CCC) and Return on Assets (ROA), along with control variables such as company size, COVID, financial leverage, and corporate life cycle stage. The OLS linear regression results indicate that the adoption of CPC 47 did not significantly impact working capital management and economic performance in a generalized manner. However, sector-based analysis, through additional hypotheses, revealed that companies more exposed to the standard, such as those in Construction and Industrial Goods, experienced greater changes in working capital management, while Industrial Goods, Healthcare, and Technology sectors showed negative impacts on economic performance, confirming sectoral variations. The quantile regression, used as a robustness test, revealed that the impacts of CPC 47 were not homogeneous across the distribution of financial variables. Companies with longer cash conversion cycles adjusted their strategies to reduce CCC after the adoption of the standard, while companies at the extremes of the ROA distribution (less profitable and highly profitable firms) were the most negatively affected. The findings contribute to the literature by demonstrating that accounting standardization can have differentiated effects across economic sectors. From a practical perspective, the study provides valuable insights for regulators, managers, and investors regarding the financial impacts of adopting new accounting standards and their implications for the predictability of corporate results.
- ItemEfeito da Lei 13.506/2017 na ocorrência de irregularidades nas demonstrações financeiras dos maiores contribuintes monitorados pela Receita Federal do Brasil(Universidade Federal do Espírito Santo, 2025-03-25) Sotero, Thalis Alexandre; Marques, Vagner Antônio; https://orcid.org/0000-0001-7210-4552; http://lattes.cnpq.br/8704491263853222; https://orcid.org/0009-0000-9950-1099; http://lattes.cnpq.br/7757188170011931; Louzada, Luiz Cláudio; https://orcid.org/0000-0002-2626-8203; http://lattes.cnpq.br/9166769626082279; Martins, Orleans Silva; https://orcid.org/0000-0002-4966-0347; http://lattes.cnpq.br/5012236039984008Accounting irregularities can result from various factors, such as deficiencies in internal controls, financial pressures to meet market expectations, and legislative and tax loopholes. These practices generate informational asymmetry and financial manipulation, distort asset prices in financial and capital markets, and reduce economic agents’ confidence, intensifying regulation and the demand for greater corporate transparency. In the tax context, irregularities may arise from strategies aimed at reducing tax burdens or maximizing benefits, highlighting the relationship between oversight and tax compliance. In Brazil, the oversight of major tax payers, structured under the differentiated and special monitoring regimes, aims to mitigate evasive practices, while Law No. 13,506/2017 increased penalties for financial infractions. However, the impact of major taxpayer monitoring and Law No. 13,506/2017 on accounting irregularities has not yet been widely explored. This research aimed to analyze the effect of Law No. 13,506/2017 on the occurrence of irregularities in the financial statements of major taxpayers monitored by the Brazilian Federal Revenue Service (RFB) and listed on Brasil, Bolsa, Balc˜ ao (B3), using data from 2010 to 2023. The sample consisted of 3,655 observati ons, of which 854 were restatements and 691 Administrative Sanctioning Processes (PAS). To assess the impact of tax monitoring and Law No. 13,506/2017, the analysis employed descrip tive statistics, Spearman’s correlation, and different econometric models, including staggered Differences-in-Differences (DiD), Regression Discontinuity Design (RDD), and logistic regres sion. Overall, the results indicate that companies under differentiated monitoring had a higher incidence of restatements and PAS, whereas those subject to special monitoring contributed to a reduction in legal liabilities, reflecting different levels of tax compliance. Additionally, Law No. 13,506/2017 strengthened regulatory enforcement, increasing the likelihood of detecting irregularities in financial statements. This research expands the literature by examining the rela tionship between tax oversight and the quality of financial disclosure, highlighting the impact of stricter tax monitoring on the incidence of irregularities. The findings also assist regulators in improving enforcement mechanisms and help investors assess transparency and informational risk. Furthermore, it contributes to the debate on tax reforms, tax compliance, and accounting practices, supporting the development of strategies to strengthen corporate governance and regulatory supervision
- ItemInfluência da restrição financeira e das crises na legibilidade e no humor das notas explicativas(Universidade Federal do Espírito Santo, 2025-03-18) Muniz, Jordana Pereira; Reina, Donizete ; https://orcid.org/0000-0001-6217-2324; http://lattes.cnpq.br/6775492728267435; https://orcid.org/0009-0002-2196-8427; http://lattes.cnpq.br/0889898950140568; Louzada, Luiz Cláudio ; https://orcid.org/0000-0002-2626-8203; http://lattes.cnpq.br/9166769626082279; Bispo, Jorge de Souza ; https://orcid.org/0000-0002-1845-2473; http://lattes.cnpq.br/9357659868811983This study analyzes the influence of financial constraints and periods of crisis on the readability and tone of the words used in the explanatory notes of Brazilian companies listed on the B3 stock exchange. Grounded in Disclosure Theory, the research examines how external (economic crises) and internal (financial constraints) factors affect the quality of financial information. A quantitative analysis was conducted using 8,363 observations from 2014 to 2023, covering the 2014 economic crisis, the COVID-19 pandemic in 2020, and the Americanas crisis in 2023. In the main analysis, readability was measured using the Flesch Reading Ease, while the tone of the words was identified through a sentiment dictionary adapted by Cavalheiro et al. (2021). Financial constraints were captured using the KZ index (Kaplan & Zingales, 1997), and the effects were evaluated through panel data regressions. The results indicate that crisis periods significantly reduced readability, making reports more complex, particularly in the Communication and Consumer Cyclical sectors. Additionally, financially constrained firms exhibited lower readability and a more pessimistic tone, suggesting greater caution in financial reporting. However, the interaction between crisis and financial constraints did not impact readability but influenced the tone, making it more optimistic, possibly as a strategy to manage market perceptions. Additional analysis, using Wilcoxon and Kruskal-Wallis tests, confirmed that crises and financial constraints independently affect readability, while their interaction influences the tone of the disclosures. The robustness of these findings was validated by alternative readability metrics, such as Flesch-Kincaid Grade Level and Gunning Fog Index, and by reassessing financial constraints using the SA index (Hadlock & Pierce, 2010). The findings emphasize that macroeconomic crises and financial constraints affect corporate transparency, reinforcing the need for stricter regulations to ensure the clarity of financial reports, particularly during crises. These results contribute to the literature on financial disclosure quality, demonstrating that economic conditions and financial constraints influence corporate transparency. From a practical perspective, the findings suggest that investors and analysts should consider readability and tone in explanatory notes as potential indicators of financial constraints and perception management strategies