Identificando o Perfil dos Artigos Publicados sobre Gestão de Custos em Micros, Pequenas e Médias Empresas nos Anais do Congresso Brasileiro de Custos

ID: 20232

Authors: Aldo Leonardo Cunha Callado, Antônio André Cunha Callado, Moisés Araújo Almeida.

Source: Contabilidade, Gestão e Governança, v. 9, n. 2, p. 1-1, July-December, 2006. 1 page(s).

Document type: Article (Portuguese)

Financial institutions classification by operational activities

ID: 20229

Authors: Lucio Rodrigues Capelletto.

Source: Contabilidade, Gestão e Governança, v. 9, n. 2, p. 161-188, July-December, 2006. 28 page(s).

Keyword: Banks , Classification , Financial indicators , Operational activity

Document type: Article (Portuguese) Show Abstract

The financial system has been studied for a long time, motivated by the relevant and central role played in the economic development of countries. In order to improve the quality of researches, the purpose of this paper is to demonstrate a methodology able to classify banking institutions according to its main operational activities, as well to identify the most discriminating indicators used to compose the groups. The correct classification, based on operational activity, result on a better capacity of analysis and more accuracy in the development of financial evaluation models. Likewise, the identification of operational activity fosters more detailed studies, focused in particular characteristics of a group. To achieve this goal, multivariate statistics techniques were put in place, such as factorial analysis, cluster analysis, and discriminant analysis. The results showed differentiated operational characteristics, exposed in the financial indicators identified as most relevant in the classification process, able to classify banking institutions in distinct groups, in accordance with the preponderant operational activity.

An empirical study of the prohibition of its impact on financial statement analysis: a sectorial approach

ID: 20230

Authors: Bruno Meirelles Salotti, Gerlando Augusto Sampaio Franco de Lima, Luiz João Corrar, Marina Mitiyo Yamamoto, Mara Jane Contrera Malacrida.

Source: Contabilidade, Gestão e Governança, v. 9, n. 2, p. 189-221, July-December, 2006. 33 page(s).

Keyword: Accounting , Analysis of Financial Statements , Inflation effects

Document type: Article (Portuguese) Show Abstract

This paper evaluates the consequences of not considering the inflation effects in the analysis of financial statements. It also considers if these impacts are different in each sector of economy. The companies which are in the sample of this research have demonstrated their adjusted financial statements in the period of 1996 to 2002. This paper verified if there is a significant difference in calculating some indexes with the financial statements adjusted by inflation effects and not. Two nonparametrics tests have been used: Sign Test and Wilcoxon. The evidences suggest that the lack of monetary correction of financial statements presented since 1996 to 2002 may cause impacts in the analysis of the real equity and financial conditions of the companies. Although these distortions are not equally perceived in all the sectors and in all the indexes, they can result in wrong conclusions by the users of these informations.

An empirical research of the effects the sunk costs on the individual's decision making process: evidences from undergraduate students at a federal university

ID: 20231

Authors: Fernando Dal-Ri Murcia, José Alonso Borba.

Source: Contabilidade, Gestão e Governança, v. 9, n. 2, p. 223-247, July-December, 2006. 25 page(s).

Keyword: Accounting Education , Managerial Accounting , Past Costs , Sunk Costs

Document type: Article (Portuguese) Show Abstract

The rational view of the decision making process suggests that sunk costs should not be considered, as they are past costs and should not influence future decisions. However, individuals do not always make rational decisions. The subjectivity and ambiguity inherent in the complex organizational environment insinuates that many times individuals are influenced by the sunk costs. This paper adopts an exploratory approach in order to verify the effects of sunk costs on the individual's decision making process. A questionnaire has been developed containing five decision scenarios based on the seminal work of Arkes and Blumer (1985). The subjects were chosen intentionally and comprise accounting, management and economics undergraduate students that were taking either a cost or managerial accounting discipline. Findings evidence that students decision making process has been influenced by sunk costs. Results suggest the following hypothesis "The normative methodology adopted in managerial accounting teaching has not been developing the critical though abilities on graduate students. However, this hypothesis has not been tested in this study, and findings cannot be generalized to other samples.

Hedge operations in agribusiness - An analysis based on Hedging Accounting

ID: 20233

Authors: Maria José de Camargo Machado De Zen, Sergio Seidiyu Yatabe, Luis Nelson Guedes de Carvalho.

Source: Contabilidade, Gestão e Governança, v. 9, n. 2, p. 277-302, July-December, 2006. 26 page(s).

Keyword: Accounting Theory , Future Markets , Hedging Accounting , Rural Product Bill (CPR)

Document type: Article (Portuguese) Show Abstract

Derivatives have been became more important in the global economic context requiring accounting procedures that accurately show the risks and benefits involved in these instruments. In this context, this article show and examine aspects about hedging accounting, using as a support to analysis, two financial hedge instruments used in Brazilian agribusiness: the Rural Product Bill (CPR) and the Future Contracts (Contracts of Brazilian Mercantile Exchange Board). Through the bibliographic review, was searched the procedures of hedging accounting, according to FASB, and to CVM. Supplementary, through the theoretical example's development, was done analysis about these procedures, comparing standard's differences between these two boards, and the impact of those in the agro industry 's and farmer 's financial statement's analyses. This analysis shows that there are expressive relevant differences in these instrument’s disclosure, mainly in the Future Contracts, between the standards analyzed. To the CPR, was proposed the embedded derivative’s concept, the same using by FASB in some contracts with hybrid's characteristics. There is a fit's necessity of the CVM's standards to the FASB, due to the importance of these operation’s disclosure in the balance sheet body, considering the exposure risk's aspect, and the comparison of distinct hedge's strategies. However, analyzing two financial instruments only, is evident the fit's difficulties of Brazilian's standards to the FASB.