CONTRIBUTIONS SENT TO THE IASB/FASB CONCERNING THE REVISION OF THE DRAFT REVENUE RECOGNITION

Authors

  • Márcia Ferreira Neves Tavares Programa Multi-institucional e inter-regional de pós graduação em Ciências Contábeis UNB / UFPB / UFRN
  • Luiz Carlos Marques dos Anjos Programa Multi-institucional e inter-regional de pós graduação em Ciências Contábeis UNB / UFPB / UFRN
  • Edilson Paulo Programa Multi-institucional e inter-regional de pós graduação em Ciências Contábeis UNB / UFPB / UFRN

DOI:

https://doi.org/10.19094/contextus.v12i3.508

Keywords:

Regulation economy. Competition among interest groups theory. Accounting regulation. Accounting theory.

Abstract

This study aimed to investigate how the influencers incentives of companies‟ contributions sent to the IASB / FASB, concerning the Revised Exposure Draft revenue recognition, are related to theories of regulation already developed within the theory of accounting. The research was conducted through content analysis, in which demands were identified within the said draft. The arguments that promoted the expression of different interest groups were analyze. It was used a sample of 30 private companies, representatives of the most active geographic regions in the world. The results demonstrated that there is a relation between the incentives of firms and the theory of competition among interest groups. In addition, there are also strong complaints by firms about the excess of information required by regulators, finding support in the theoretical concept of over production. Many of the arguments made by companies occur because the regulators do not provide a specific accounting theory underlying the proposed operational procedure.

Author Biography

Edilson Paulo, Programa Multi-institucional e inter-regional de pós graduação em Ciências Contábeis UNB / UFPB / UFRN

Doutor em Ciências Contábeis pela Faculdade de Economia, Administração e Contabilidade da Universidade de São Paulo

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Published

2014-10-24

How to Cite

Tavares, M. F. N., Anjos, L. C. M. dos, & Paulo, E. (2014). CONTRIBUTIONS SENT TO THE IASB/FASB CONCERNING THE REVISION OF THE DRAFT REVENUE RECOGNITION. Contextus - Contemporary Journal of Economics and Management, 12(3), 35–63. https://doi.org/10.19094/contextus.v12i3.508

Issue

Vol. 12 No. 3: set/dez 2014

Section

Articles

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