O uso do valor justo em ppi e seu nível de aderência nas empresas listadas na B3

Abstract

The aim of this paper was to identify the level of adherence to the use of fair value in the measurement of investment property in the companies listed on the Brazilian stock exchange. During the study, the financial statements were analyzed relative to the fiscal year 2016 of the companies listed in B3 Index Brazil 100 (IBrX 100), which has the proposal to be used as an indicator of the average performance of the 100 companies with the highest level of negotiation and representation within the Brazilian stock market. The methodology of this research is classified as descriptive, quantitative with documentary analysis. The study found that, of the 25 companies in the sample that there was a positive balance under investment property, only 5 companies (or 20% of them) presented or disclosed the value of investment property measured at fair value, while 9 companies (or 36%) measured at cost method, showing that fair value is still less used than cost method. There was also a tendency for companies to comply with the requirements of Pronunciamento Técnico CPC, but there are opportunities for improvements in the quality of information disclosed by companies. In addition, it can be observed that there is a positive relationship between the representativeness of the investment property balance over the total assets of the company and its level of compliance with the requirements of the Pronunciamento Técnico CPC, where there is a tendency of the greater the representativeness, greater will be the level of compliance.