Editorial V. 19, N. 51, 2022

ID: 70377

Authors: José Alonso Borba, Denize Demarche Minatti Ferreira, Carlos Eduardo Facin Lavarda.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 0-0, April-June, 2022. 1 page(s).

Document type: Editorial (Portuguese)

Market power and tax aggressiveness

ID: 68940

Authors: Jose Valdir Marcolino Gomes, Nadia Cardoso Moreira, Silvania Neris Nossa, Aridelmo Teixeira.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 3-18, April-June, 2022. 16 page(s).

Keyword: Market Power , Tax Aggressiveness , Tax Planning

Document type: Article (Portuguese) Show Abstract

The aim of this study is to analyze whether Brazilian companies listed on the Brasil, Bolsa and Balcão (B3) with greater market power are more tax aggressive. The gap in this research arose from the absence of empirical evidence on the relations between the market power of companies and their tax aggressiveness, when operating in a developing market, and in a country with a code law legal structure. This paper contributes to filling this gap by studying this relation through multiple linear regression and quantile regression analysis. The results indicate that, in Brazil, the greater the company's market power, the more aggressive its tax planning is, when comparted to the industry median.

Interconnection between academics and professionals on fraud and corruption response practices in the public sector

ID: 68941

Authors: Vanessa Karla Rebouças da Silva, Rossana Guerra de Sousa.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 19-36, April-June, 2022. 18 page(s).

Keyword: Anti-corruption measures , Corruption , Public Administration

Document type: Article (Portuguese) Show Abstract

This research analyzed the interconnection between academic approaches and management practices used by professionals in the Brazilian public sector regarding the concepts and actions to respond to fraud and corruption. Through two questionnaires, the level of importance attributed by the groups to anti-fraud practices was verified, distributed in stages defined based on the Fraud and Corruption Combat Framework (TCU, 2018). The results indicate that there is an interconnection between the groups at the level of 61.43%, with prevention being the stage with the greatest number of actions classified as important by the groups. Thus, since preventive actions are more related to the reduction of Opportunity, one of the edges of the Fraud Triangle (Cressey, 1953), the results reinforce the importance of preventive mechanisms in the proactive mitigation of corruption. In addition, only three practices were classified as very important by both, which indicates that organizational learning and organizational advancement also imply unlearning or improving the used approaches.

Characteristics of CFOs and earnings management in Brazilian companies

ID: 68942

Authors: Neirilaine Silva de Almeida, Sirlei Lemes.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 37-52, April-June, 2022. 16 page(s).

Keyword: CFO , Earnings management , Observable characteristics

Document type: Article (Portuguese) Show Abstract

Although the Senior Management Theory maintains that top management managers rely on their characteristics to interpret situations, form opinions, and make decisions, research in Brazil predominantly investigates how contractual, economic, and institutional aspects affect organizational choices. Thus, this study aimed to fill this gap and verify whether the characteristics of the Chief Financial Officer (CFO) are associated with the adoption of earnings management practices in entities. To this end, quantitative research was carried out, carried out by collecting information on Brazilian publicly-held companies. It was identified that the age and educational level of CFOs are negatively associated with earnings management practices. The findings suggest that, just as contractual, economic, and institutional characteristics affect the earnings management of entities, the observable characteristics of CFOs are also decisive in this process.

Managerial ability and earnings management

ID: 68943

Authors: Micheli Aparecida Lunardi, Angélica Ferrari, Roberto Carlos Klann.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 53-72, April-June, 2022. 20 page(s).

Keyword: Earnings Management: AEM , Managerial Ability , REM

Document type: Article (Portuguese) Show Abstract

The study aims to verify the relationship between the managerial ability of managers and the level of earnings management by accruals (AEM) and by real activities (REM) in Brazilian companies. Data from 2013 to 2018, corresponding to 228 non-financial companies, were analyzed through regression TOBIT. The results support a positive relationship between managerial ability and earnings management practices by accruals and real activities. Specifically, more skilled managers are associated with earnings management, which reduces the quality of accounting information. The findings support the premise that more skilled managers manage financial reporting to camouflage compensation, privileges, and excessive investment in risky projects. Furthermore, it sheds light on how individual idiosyncratic differences can affect accounting reports.

Composition of work teams in the active methodology of challenge based learning: enhancing the development of skills in accounting students

ID: 68944

Authors: Jéssica dos Santos Crestani, Everton da Silveira Farias, Ariel Behr.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 73-89, April-June, 2022. 17 page(s).

Keyword: Accounting Education , Active Teaching Methodologies , Challenge Based Learning , Skills , Work Teams

Document type: Article (Portuguese) Show Abstract

This article presents the skills necessary for the accounting professional and a guide (framework) to guide the formation of work teams that enhance the development of skills in Accounting students submitted to active teaching methodologies. A systematic literature review was carried out to identify the relevant skills to be investigated in research in Accounting students. After the execution of a pilot test, a controlled quasi-experiment was carried out, based on the active teaching methodology of Challenge Based Learning (CBL), and questionnaires were applied to groups of Accounting students. A total of 251 students from five Higher Education Institutions (HEIs) in the southern region of Brazil participated in the research. In the analysis of the results, tests of variance (ANOVA), chi-square, Tukey's test and descriptive analyzes were performed to confirm the research hypothesis. A systematic review of the literature presents the skills that must be developed in accounting training, and the results of the article present the main variables in the formation of work teams that promote the development of these skills through the use of active teaching methodologies. The contributions, in addition to the literature review, are to provide a guide to subsidize and guide the formation of work teams to boost the development of these skills. In the practical field, the article indicates which variables, in the formation of work teams, can boost the development of skills with a satisfactory degree of intensity, guiding educational initiatives based on active teaching methodologies, serving in the academic field as a reference.

Persistence of earnings and the fair value in non-financial companies: evidence from Latin America

ID: 68945

Authors: Ricardo Luiz Menezes da Silva, Yuri Santos, Paula Carolina Ciampaglia Nardi, Roni Bonizio.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 90-104, April-June, 2022. 15 page(s).

Keyword: Earnings , Fair Value , Persistence

Document type: Article (Portuguese) Show Abstract

Previous studies that linked earnings persistence to the presence of assets measured at fair value investigated financial companies in more developed markets, who found evidence that the use of fair value improves earnings persistence. In this study, the relationship between earnings persistence and the presence of assets measured at fair value of non-financial companies in Latin America was investigated, confirming the originality of the research. Regressions with panel data were applied to a sample of non financial companies from 2010 to 2018. The results of this work indicate that there is a lower persistence of earnings for non-financial companies that use fair value, regardless of the level of the hierarchy, resulting in loss of predictive ability of earnings when associated with fair value. These results can be useful to analysts, investors, and other stakeholders who use accounting for performance forecasting purposes. Finally, this study can further encourage the discussion about the use of fair value in accounting.

CEO mandate and age in the comparability of financial statements

ID: 68946

Authors: Allison Manoel de Sousa, Rayane Camila da Silva Sousa, Romualdo Douglas Colauto.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 105-122, April-June, 2022. 18 page(s).

Keyword: CEO age , CEO mandate , Comparability of accounting demonstrations

Document type: Article (Portuguese) Show Abstract

The present study analyses the influence of mandate time and Chief Executive Officer (CEO) age on comparability in Brazilian market publicly traded companies. In a yearly basis, 58 companies were analyzed from 2013 to 2019. Data were submitted to panel data regression which indicated mandate influences comparability in a positive way. It was also found that CEO age does not exert a direct influence on comparability although it is a personal characteristic acting indirectly as a moderator factor in the relation between mandate and comparability. Younger CEOs tend to decrease comparability of accounting information during their mandate. The study is important since it demonstrates that changes on accounting choices are more aggressive in the beginning and slow down as mandate increases. Another important aspect, in practical field, refers to the evidence that CEO age potentiates mandate influence on comparability.

Mediation of environmental, personal and social factors in the relationship between the external locus of control and the dysfunctional audit behavior

ID: 68947

Authors: Leila Chaves Cunha, Paulo Roberto da Cunha.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 123-138, April-June, 2022. 16 page(s).

Keyword: Audit quality , Dysfunctional behavior , Environmental factors , Personal factors , Socialization factors

Document type: Article (Portuguese) Show Abstract

This research aims to analyze the influence of the locus of external control on dysfunctional audit behavior, mediated by environmental, personal and social factors. The study broaches behavioral aspects in the context of the audit. In order to reach the proposed objective, a descriptive survey was carried out, with a quantitative approach to data analysis. A total of 163 independent auditors registered in the Brazilian Federal Accounting Council took part in the survey. The relationship between the constructs is analyzed by applying the Structural Equation Modeling technique (SEM). The results evident that environmental personal and social factors affect the relationship between the locus of control and the dysfunctional behavior. In this way, it can be concluded that the results presented in this study can provide the regulatory agencies of the audit area, as well as the audit firms, subsidies to evaluate the quality of services provided considering a behavioral perspective.

Introduction of popular financial reporting in municipal health councils in Brazil

ID: 68948

Authors: Diana Vaz de Lima, Lucas Matheus Valverde Carvalho Duarte Silva, Rafiza Varão.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 139-161, April-June, 2022. 23 page(s).

Keyword: Accounting Information , Citizens , Comprehensibility , Municipal Health Councils , Popular Financial Reports

Document type: Article (Portuguese) Show Abstract

This study aims to understand how the format of popular financial reports (RFPs) can help municipal health councilors make better decisions about financial information. The research adopted a qualitative approach for collecting documentary data from the Annual Management Report (RAG) approved in 2019 by the Health Council of the municipality of Florianópolis, located in the state of Santa Catarina, in the south of Brazil. It was suggested, based on RFP literature and on the experience of one of the authors who has been working in the area of human communication for 20 years, to use the Design Thinking methodology and the Canva® platform. This proposal could ultimately serve as a basis for a popular report in the Municipal Health Council object of analysis. The suggestions presented in this study are intended to grab readers’ attention by using contrasting colors, drawings, and images. Presenting an RAG with a visual encourages one to read the material, as well as better understand its content.

Contribution of the COSO model components in the internal control of public administration: a study in the municipalities of the Santa Catarina state

ID: 68949

Authors: João Luiz Gattringer, Sidnei Vieira Marinho, Zilton Bartolomeu Martins.

Source: Revista Contemporânea de Contabilidade, v. 19, n. 51, p. 162-179, April-June, 2022. 18 page(s).

Keyword: Components , COSO model , Internal control , Santa Catarina municipalities

Document type: Article (Portuguese) Show Abstract

This article aimed to analyze the contribution of the Committee of Sponsoring Organizations (COSO) model components in the internal control of public administration in the municipalities of the state of Santa Catarina. This research is classified as quantitative, descriptive, and survey. The data collection instrument used was a questionnaire with 80 closed questions. The population of this study is the 295 municipalities in the state of Santa Catarina, which resulted in a sample of 295 respondents (responsible for the internal control of each municipality) characterizing a census. The data analysis technique was exploratory factor analysis. As the main result, it was concluded that the five components of the COSO model contribute to the internal control of public administration in the municipalities of the state of Santa Catarina to identify each component's strengths and weaknesses.