Impacto do valor justo no resultado: um estudo com empresas do segmento de ativos biológicos

Abstract

New opportunities and also new challenges always follows the evolution and globalization of business; and, thus, Accounting has also been under significant changes, driven by the guidelines of the International Accounting Standards Board, IASB, and in Brazil by the Brazilian Accounting Pronouncements Committee - CPC. These changes also affected the agricultural sector, covered by IAS 41 - Agriculture and its national correspondent, CPC 29 - Biological Assets and Agricultural Product. Therefore, this research aims to analyze the impact of the change in fair value of biological assets on the net result of a sample of companies in the agricultural sector. We also use the non-parametric statistical test of Wilcoxon Signed-rank Test, to verify the hypotheses postulated according with this goal. The data collection sources are the financial statements disclosed by the sample companies sites on BM & FBovespa, Economic Value and site Cenibra SA, the pulp and paper segment, intentionally chosen to complete the sample. This is an exploratory-descriptive study with a quantitative approach, using bibliographic and documentary sources. Also makes use of descriptive statistics to explore the aspects related to fair value measurement. The results show that there is statistical evidence to argue that the change in fair value of biological assets, recognized in earnings, significantly impacts segments of pulp and paper and wood products; significantly the agriculture and meat products and in a non significant form the sugar and alcohol segments. By descriptive statistics, it shows a sector with a strong predominance of estimates and projections, due to the fact there is not always an active market for biological assets in development.