Segment reporting: an analysis of the disclosure level of the companies listed on BM&F BOVESPA’s new market

Authors

  • Camila Weschenfelder Universidade Comunitária da Região de Chapecó – UNOCHAPECÓ
  • Sady Mazzioni Universidade Comunitária da Região de Chapecó – UNOCHAPECÓ

DOI:

https://doi.org/10.16930/2237-7662/rccc.v13n39p21-33

Keywords:

Segment reporting, Disclosure, New Market.

Abstract

The international accounting standards have contributed to improve the financial statements transparency providing managing information, as the ones by segment. This research has aimed at checking the CPC 22 disclosure level - Segment reporting - from the intermediate financial statements of the 127 companies listed on BM&F Bovespa's New Market. This checking has been performed by the Content Analysis and, further, by the Multiple Regression analysis Pattern. The results showed that the companies with ADR's tend to disclosure less information about segment reporting than others. Some companies do not mention in their financial statements and none of them highlighted the Cash Flow Demonstration by segment. A few companies mentioned the dependence level of their main customers, the amount of investments accounted by equity accounting and the conciliation between the information by segment and the balance sheet. The companies audited by a Big Four presented a disclosure level lower than the others. It is concluded that the disclosure level is low and distinct among the sectors.

Author Biographies

Camila Weschenfelder, Universidade Comunitária da Região de Chapecó – UNOCHAPECÓ

Analista contábil do Grupo Dass, atuando principalmente na consolidação de balanços e implantação das normas do IFRS. Graduada em Ciências Contábeis - Faculdades Anhanguera de Joinville / Pós-graduada em Contabilidade e Controladoria - UNOCHAPECÓ. CRC-SC 034915/O-9.

Sady Mazzioni, Universidade Comunitária da Região de Chapecó – UNOCHAPECÓ

Professor do Curso de Ciências Contábeis da Universidade Comunitária da Região de Chapecó - UNOCHAPECÓ. Doutorando em Ciências Contábeis e Administração / Mestre em Ciências Contábeis - Universidade Regional de Blumenau - FURB. Bolsista do Programa do Fundo de Apoio à Manutenção e ao Desenvolvimento da Educação Superior - FUMDES. CRC-SC 019891/O-0.

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Published

2024-03-08

How to Cite

Weschenfelder, C., & Mazzioni, S. (2024). Segment reporting: an analysis of the disclosure level of the companies listed on BM&F BOVESPA’s new market. Revista Catarinense Da Ciência Contábil, 13(39), p. 21–33. https://doi.org/10.16930/2237-7662/rccc.v13n39p21-33

Issue

Vol. 13 No. 39 (2014): Maio-Agosto

Section

Articles

License

Copyright (c) 2014 Revista Catarinense da Ciência Contábil

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