CPC 17 - Contratos de Construção: uma análise das empresas do setor de construção civil nos anos de 2014, 2015 e 2016

Abstract

With the growth in recent years in the construction industry, there was a need to adapt the requirements of Brazilian accounting standards, especially in relation to the recognition of revenues and costs. In this context, CPC 17 - Construction Contracts establishes procedures and standards for the accounting of revenues and expenses of long-term contracts. Therefore, the present research has the objective of verifying that the accounting statements of the construction industry are in accordance with the revenue recognition standards required by CPC 17. For the study, the accounting reports and explanatory notes of 17 companies with shares on the stock exchange, from 2014 to 2016. The methodology of this research is classified as descriptive about the objectives, qualitative regarding the approach of the problem and documentary about the data collection. The results indicate that 100% of the companies analyzed use the percentage-of-completion (POC) method, recognizing revenues and costs during the execution of the work. At the conclusion of the study, it was possible to verify in the three periods that only five of the seventeen listed companies did not comply with all items analyzed according to CPC pronouncement 17.