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The International Financial Reporting Standards (IFRS) aim to promote the communication of accounting worldwide and thus contribute to the exchange of capital, with the aim of ensuring the transparency and harmonization of financial statements. This study therefore aims to verify the improvement in Brazilian accounting after the adoption of the International Financial Reporting Standards. In order to achieve the proposed objective, the number of words present in the explanatory notes published in periods before and after the adoption of the IFRS was measured. The sample is made up of companies listed on the Brazilian Stock Exchange in the cyclical consumer sector; the trade subsector and the Textiles, Clothing and Footwear segment in Brazil, excluding the company Grazziotin S.A., since it did not publish its explanatory notes in the years prior to 2010, the year in which publication in accordance with the IFRS became mandatory. A simple linear regression is used to analyze the data, and an additional test is the general average and average per company. The results show that the number of words in the explanatory notes increased after the adoption of IFRS, contributing to more disclosure
About the author
Camila Márcia dos Santos - Studente di contabilitàGilsilene Maria dos Santos - Studentessa di contabilitàWillian Antônio de Castro - Master in Contabilità, specializzato in Gestione della Contabilità, Controllership e Auditing e consulente aziendale,
