Como o Brasil convergiu para a Contabilidade Internacional

Contรกbeis
29 Jul 202428:57

Summary

TLDRIn this video, Loberto Sasque, a columnist for Portal Contรกbeis, explains the process of convergence to international accounting standards (IFRS). He compares it to language standardization among Portuguese-speaking countries and discusses the importance of adopting unified accounting principles to streamline global business operations. Sasque explores the history and evolution of accounting standards, focusing on how Brazil and other countries aligned their systems with global norms. The video also touches on the role of regulatory bodies and how Brazil implemented changes to ensure compliance with international standards. Sasque offers an in-depth understanding of accounting convergence and its impact on global business practices.

Takeaways

  • ๐Ÿ˜€ The importance of understanding the new tax law is emphasized for both professionals and businesses.
  • ๐Ÿ˜€ The speaker highlights the necessity of staying updated with changes in accounting and fiscal regulations.
  • ๐Ÿ˜€ There is a strong recommendation to engage with tax and accounting training courses to deepen knowledge.
  • ๐Ÿ˜€ The speaker encourages listeners to subscribe to advanced training packages that include comprehensive accounting content.
  • ๐Ÿ˜€ A suggestion is made to buy the 'Contabilidade 6 E1' package, which offers a thorough breakdown of basic and advanced accounting, along with 9 volumes of detailed analysis.
  • ๐Ÿ˜€ The speaker stresses the significance of hands-on exercises for reinforcing knowledge, with specific courses included in the package.
  • ๐Ÿ˜€ The training provided is suitable for professionals looking to keep their knowledge current and aligned with evolving tax laws.
  • ๐Ÿ˜€ The speaker recommends visiting the website 'natacursos.com' for more details on training programs related to advanced accounting and fiscal regulations.
  • ๐Ÿ˜€ An emphasis is placed on the necessity of continuous professional development in the accounting and tax sectors.
  • ๐Ÿ˜€ The speaker finishes by affirming the value of investing in quality education to stay competitive and compliant in the accounting field.

Q & A

  • What was the primary goal of the global convergence of accounting standards?

    -The primary goal of the global convergence of accounting standards was to standardize financial reporting across countries, making it easier for companies to operate internationally without needing to adjust their financial reports to multiple different standards.

  • How did the convergence of accounting standards benefit international businesses?

    -The convergence allowed companies to avoid the costly and time-consuming process of adjusting their financial statements to meet different national standards when operating in multiple countries, such as when listing stocks in various global stock exchanges.

  • Why was the standardization of accounting practices important for companies like those in Brazil?

    -For Brazilian companies, standardizing accounting practices ensured that they could easily engage in global business, like raising funds on international stock markets, without needing to constantly adjust their financial reporting for different national norms.

  • What role did the IASB play in the convergence process?

    -The International Accounting Standards Board (IASB) was responsible for issuing international accounting standards, which were adopted by countries globally, including Brazil. These standards facilitated the global convergence of accounting practices.

  • What was the main difference between accounting practices in Western and Eastern Europe before the convergence?

    -In Western Europe, the focus was on accounting based on legal rules, mainly for banking purposes, whereas Eastern Europe, including the U.S. and the UK, used a more principle-based approach, with accounting practices guided by professional judgment and standards.

  • Why did the U.S. initially reject the IASB standards in favor of its own GAAP?

    -The U.S. rejected the IASB standards because they believed their own Generally Accepted Accounting Principles (GAAP) were more established and suitable for their market. However, after scandals and a loss of credibility in U.S. accounting practices, they began working towards aligning with international standards.

  • What was the impact of the Sarbanes-Oxley Act on the global accounting standards convergence process?

    -The Sarbanes-Oxley Act, passed in 2002 after accounting scandals in the U.S., led to a loss of trust in U.S. accounting practices. This contributed to a shift towards international accounting standards, as countries and companies sought more transparent and reliable financial reporting frameworks.

  • How did the Brazilian accounting standards evolve in relation to international norms?

    -Brazil started its convergence process earlier than many countries, working on aligning its accounting practices with international standards. This culminated in the adoption of IFRS (International Financial Reporting Standards) in 2008, following the passage of a law that allowed the adaptation of international standards.

  • What is the role of the Brazilian Securities and Exchange Commission (CVM) in the accounting convergence process?

    -The CVM plays a crucial role in adopting international accounting standards in Brazil. They work with the Committee of Accounting Pronouncements (CPC) to ensure that international standards are translated and adapted to the Brazilian context, making them enforceable for public companies.

  • What is the significance of the CPC (Committee of Accounting Pronouncements) in Brazilโ€™s accounting convergence?

    -The CPC in Brazil is responsible for adopting international accounting standards (IFRS) by translating and adapting them into Brazilian standards. These norms are then enforced by regulatory bodies like the CVM for public companies and other financial entities.

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AccountingTax LawFinancial EducationContabilidadeCoursesFiscal UpdatesBusiness TrainingBrazilian TaxAdvanced AccountingNATAC CoursesProfessional Development