Editorial

ID: 7618

Authors: O Editor.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 1-1, January-April, 2012. 1 page(s).

Document type: Editorial (Portuguese)

Determining the level of disclosure in Brazilian Soccer Clubs

ID: 7619

Authors: Allan Pinheiro Holanda, Anelise Florencio de Meneses, Patrícia Vasconcelos Rocha Mapurunga, Márcia Martins Mendes De Luca, Antonio Carlos Dias Coelho.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 2-17, January-April, 2012. 16 page(s).

Keyword: Brazilian soccer clubs , Institutional and economic characteristics

Document type: Article (Portuguese) Show Abstract

The research aims to investigate standards of association between the level of adherence to standards of disclosure, focusing on training activity of soccer players, and incentives arising from institutional and economic characteristics of Brazilian soccer clubs. For this purpose, was analyzed by metricbased devices disclosure requirements in Resolution No. 1.005/2004 CFC, a composite sample of 69 financial statements of Brazilian soccer clubs in the period 2006 to 2009. It was used a technique of Correspondence Analysis (ANACOR) to test the hypothesis that economic and institutional attributes are associated significantly with the level of disclosure of information about costs of training for soccer players. The tests did not provide subsidies to reject the hypothesis that economic and institutional attributes encourage the level of disclosure in the organizations investigated.

Profile of internal controls in town Rio Grande do Sul: an analysis of major cities in Rio Grande do Sul

ID: 7620

Authors: Maristela Menna Costa da Roza, Rogério João Lunkes, Luiz Alberton.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 18-31, January-April, 2012. 14 page(s).

Keyword: Administration , Controllers , Controlling , Internal control

Document type: Article (Portuguese) Show Abstract

The aim of this study is to identify the profile of controlling in the Administration of large cities in the State of Rio Grande do Sul, southern Brazil. The importance of the study lies in the organization of Internal Controls (ICs), as well as in the hierarchical subordination within the several organizational structures, with special focus on public organizations (City Administration). The research is characterized as a descriptive study of survey with a quali-quantitative approach. For data collection, a questionnaire was applied with both closed and open questions directed to the controlling and internal controls of the eighteen large cities surveyed. The results show that the fourteen large cities have their bodies of IC duly established and that the background of their controllers is mostly of graduate professionals, highlighting, among them, the accountants (71%). As regards the hierarchical structure, it was observed that the ICs are, most of them, subordinated to the authority of their mayors. Concerning the degree of centralization of their controlling activities, ten out of these ICs fall into this category. Some ICs fall into the category of “staff”, followed by those that are active as line and staff, and their performances are the main evaluation and control targets as foreseen in the “Pluriannual Plan”,“Budgetary Guidelines Act” and “Yearly Budget”.

Analysis of management control practices in the wine tourism Industry: an empirical study in hotels in the south of Galicia (Spain)

ID: 7621

Authors: Jacobo Gómez Conde, Maria Beatriz González Sánchez, Ernesto López-Valeiras Sampedro.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 32-49, January-April, 2012. 18 page(s).

Keyword: Empirical analysis , Management control systems , Wine tourism

Document type: Article (Spanish) Show Abstract

The aim of this paper is to analyse the extent to which management control tools are used in hotels within the wine tourism sector. The variables which have an impact on the level of implementation of these tools are also considered. This paper uses a sample of 66 hotels located in two areas with a long tradition of wine making in Spain: Ribeiro and Monterrei. The results obtained reveal the scant implementation of management control tools in these organizations. Our findings clearly indicate that there is only a direct link between the use of some kinds of tools and the size, age, and complexity of the company. The results obtained are the first of their kind to address the way in which these accounting and management tools are actually used in geographical areas with great potential for development in wine tourism.

Earnings quality: empirical analysis of accounting accruals applied to the brazilian stock market

ID: 7622

Authors: Isabel Cristina Henriques Sales, Pedro Henrique Duarte Oliveira, Luciana Miyuki Ikuno, Rodrigo Fontenelle de Araújo Miranda, Jomar Miranda Rodrigues.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 50-64, January-April, 2012. 15 page(s).

Keyword: Accruals , Cash Flow , Earnings quality

Document type: Article (Portuguese) Show Abstract

Profit is used as the mains source for the users of financial information. Thus, earnings quality is important on the national scene, especially in aid making. This research aims to verify the relationship between the levels of accruals (a proxy for earnings quality) and cash flows of Brazilian companies, in the assumption that higher accruals accompanied by higher profits suggest low quality. Therefore, descritional statistics and classical linear regression model was applied. The results indicate that increases in profits, accompanied by increases in accruals suggest low earnings quality. It was also found that companies with large accruals have an inverse relationship with the cash flows and high profits. These results suggest that the values may be being influenced by manipulation of accrual’s discretionary components.

Gaps rationality and managerial decisions: perspectives on the "black box" of the controllership practitioner

ID: 7623

Authors: Antonio Gualberto Pereira, Adriano Leal Bruni, José Bernardo Cordeiro Filho.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 65-76, January-April, 2012. 12 page(s).

Keyword: Controllership practitioner , Gaps of rationality , Prospect theory

Document type: Article (Portuguese) Show Abstract

Based on the understanding of homo economicus was developed the idea that economic agents seek to maximize their usefulness. This concept has led to an exaggerated reductionism of  psychological mechanisms of individuals, which were represented as pre-programmed gears to make decisions maximizing utility. This essay proposes to examine how gaps affect the rationality of management decisions taken by the controllership practitioner. From the works of Simon and later empirical studies developed by Kahneman and Tversky going to question this figure itself and the presumed rationality of homo economicus. Several papers published in international journals highlight how heuristics and cognitive biases that contribute to the economic agents do not always take rational decisions. The controllership practitioner when faced with decisions regarding the choice of management artifacts can be compelled to make decisions not maximizing utility by cognitive biases generated by informational asymmetries, the presence of the framing effect in the choice of transaction costs or the occurrence of heuristics when the recognition of sunk costs (sunk costs).

Self-regulated peer review on independent auditors in Brazil: a analysis of issued reports from 2008 to 2010

ID: 7624

Authors: Bruna Teixeira, Evelyse Nicole Chaves de Amorim, Loreci João Borges.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 77-91, January-April, 2012. 15 page(s).

Keyword: Auditory , Quality control , Self-regulated peer review

Document type: Article (Portuguese) Show Abstract

The quality of services provided by independent auditors is currently a discussion. To assure that quality, regulatory agencies and professional entities created a set os measures, among them the Self-regulated Peer Review. The object of this study is to verify the result of Self-regulated Peer Review in Brazil on the last few years. For that, has been researched both documental and bibliographically, with secondary data collected on issued reports by CRE (Comitê de Revisão Externa) from CFC (Conselho Federal de Contabilidade) on the years 2008 to 2010. There of, trying to indentify on those years if has been a decrease on exceptions and improvement recommendations. Turning out, the result is that 94,2% of revisors issued reports had any exception or recommendation on the three analyzed years. Additionally, was concluded that no reduction of reports that had been issued with exceptions and  improvement recommendations, which indicates no further change on the quality of the revised audits.

Theory of corporate scandals: a comparative analysis of brazilian and north american cases

ID: 7625

Authors: Adolfo Henrique Coutinho e Silva, Moacir Sancovschi, Júlio Sérgio de Souza Cardozo, Robson Augusto Dainez Condé.

Source: Revista de Contabilidade do Mestrado em Ciências Contábeis da UERJ (Online), v. 17, n. 1, p. 92-108, January-April, 2012. 17 page(s).

Keyword: Accounting scandals , Corporate governance system , Theory of corporate scandals

Document type: Article (Portuguese) Show Abstract

The purpose of this study was to analyze comparatively 52 accounting scandals reported in Brazil and in the USA in the last 20 years. The empirical evidence indicates that the accounting fraud disclosed in these countries do not have the same characteristics. The results can be explained by the Theory of Corporate Scandals (COFFEE Jr., 2005), considering that brazilian companies have system of corporate governance very different from american companies. To gather information about the fraud, the work also allows the reflection on what is systematic in these cases and creates opportunity for the development of conceptual models that explain the accounting fraud.