Analysis of the effects of conservatism in accounting information after the 2011 change in the basic conceptual pronouncement

Abstract

Purpose: This study researches whether the change in NBC TG, promoted in 2011, that excluded Prudence (Conservatism), had any effect on companies’ accounting information. Design/methodology/approach: Quantitative approach, using a linear regression based on the Basu (1997) method, Wilcoxon tests and t test, on a sample with 109 companies, listed on the BM&FBovespa, from 2008 to 2013. Findings: The results indicate that conservatism is present in accounting for the entire period, and changes do not occur in this feature of the accounting information as of 2011.