Influência dos principais assuntos de auditoria sobre o gerenciamento de resultados em empresas brasileiras listadas

Abstract

The dissertation objective is to analyze if different types of Key Audit Matters (KAM) reported are negatively associated with the Accruals and Real Activities Earning Management (EM) proxies, and moreover, if this association perform differently according to different types of KAM been reported. The study motivation is to cooperate with former studies, and, through the selected sample, support the hypothesis based on the literature that consider audit a mechanism of corporative governance increase and earning management mitigation. The sample comprehends 240 listed firms of B3 S/A Brasil, Bolsa, Balcão, excluded financial firms, between 2016-2019, analyzed by data analysis, descriptive statistics, mean and median difference test, correlation analysis and panel data regression. The results showed a predominance of negative association between KAM and EM accruals proxies (59,26%) – especially Financing and Loans, Risk Management and Reinsurance Contracts, which were negatively associated with all EM accruals proxies, however, a lower rate was observed related to negative association between KAM and Real Activities EM proxies (40,74%). The results confirmed the mitigate effect of some KAM on the EM proxies and also showed evidences of different associations in a presence of some specific types of KAM. The results contributed to auditors, regulators and audit and governance commit members because showed evidence of normative contribution, in a way of increasing accounting numbers quality report, insofar different types of KAM presented negative association to EM discritionarity proxies of Accruals and Real Activities