Notas explicativas: um estudo da sua utilização pelas empresas siderúrgicas brasileiras frente à convergência da contabilidade brasileira aos padrões internacionais

Abstract

The accounting disclosures are relevant to users seeking quality and transparency of information for decision-making. The study investigated whether the steel companies have submitted their explanatory notes in accordance with the international standards established by IFRS. Explanatory notes, were selected for the year 2010, of the three largest publicly traded steel companies, with shares traded on the stock exchange. The criterion of choice came through the ranks of the biggest and best, published in Exame Magazine. In the grounds of the study were used as descriptive, bibliographical and documentary research. Through the study and analysis, the results indicate that one of the companies already meets the standards of IFRS and their disclosures respected the law. However, the other two companies disclosed their information in line with the IFRS and will be compliant with the new legislation.