Escolhas contábeis no fluxo de caixa: uma análise da influência na informação contábil e na tomada de decisões

Abstract

The aim of this study is to analyze the impact of the accounting choices made in the elaboration of the Cash Flow Statement, and consequently in the analysis of the indicators necessary for corporate decision-making. It was also expected to observe how companies in the national scope have classified the activities in the cash flows, before said choices allowed. This research has the main justification to check if the International Accounting Standards Board (IASB), through the choices allowed in its standards, has served the purpose of presenting information aligned with the best comparability and better information subsidy for decision-making. The sample comprises a total of 68 companies, with 34 listed companies listed on the ISE (Corporate Sustainability Index of BM&FBovespa) and 34 non-ISE publicly listed companies listed on the BM&F Bovespa and selected from a stratified random sample by sector. Some activities were found differ from those recommended by the CPC, mainly regarding the recognition of paid and received interest, as well as the paid and received earnings. The result found reveals that companies are choosing different ways for recognizing their activities in the face of these accounting choices, although there are recommendations from the CPC regarding their recognition, which affects the decision-making indicators, as well as being also able to influence the comparability between Statements.