In:
Revista Contabilidade & Finanças, FapUNIFESP (SciELO), Vol. 16, No. 39 ( 2005-12), p. 68-80
Abstract:
In the context of financial statement disclosure and in accordance with determinations by the Brazilian Securities and Exchange Commission, this study presents rules and ways to disclose derivatives in financial statements. In the empirical analysis, we examined the financial statements of the twenty biggest public companies arranged by revenue. We verified that many companies do not comply with the Brazilian Securities and Exchange Commission's determinations and do not present a clear, concise and objective disclosure of related financial information. The main problems were related to the lack of evaluation in terms of fair value, lack of dissemination of investment policies in derivatives and quantitative and qualitative control of market, credit and exchange risks.
Type of Medium:
Online Resource
ISSN:
1519-7077
DOI:
10.1590/S1519-70772005000300006
Language:
Unknown
Publisher:
FapUNIFESP (SciELO)
Publication Date:
2005
detail.hit.zdb_id:
2416129-9
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