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QUAIS OS MOTIVOS QUE LEVAM AS EMPRESAS DE AUDITORIA INDEPENDENTE A CANCELAREM O REGISTRO NA COMISSÃO DE VALORES MOBILIÁRIOS - CVM?

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Author(s): Inácio M. Uchida | Napoleão V. Galegale | Jairo da R. Soares | Carlos H. Arima

Journal: Revista Científica Hermes
ISSN 2175-0556

Volume: 07;
Date: 2012;
Original page

Keywords: Auditing | Public Accounting | Inspecting and normalizing Institutions | Securities and Exchange Commission of Brazil.

ABSTRACT
This study pursues to explain the reasons why some free auditing firms unregistered themselves from the CVM. This is a valuable theme for academic scenario considering the quantitative data verified. The research used information from companies listed in the StockMarket and other corporations authorized to operate by the Central Bank of Brazil (BCB) and by CVM during the period from 1998 to 2009. It was applied as the methodological approach the multiple case studies with the selection of three national independent accounting firms from the state of São Paulo, which all have their registrations cancelled with the CVM. It was verified the activities of the independent auditing companies with legal requirements andtechnical support relating these activities required by the regulators and by normalization of the profession. It was verified that the companies decided to cancel their registration due to the lack of cost/ benefit relation to perform the requirements requested by the CVM, BCB and the Federal Council of Accounting (CFC). It was concluded that the intrinsic risk of the independent auditing activity is higher than the economical and financial benefits of the activity.

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