A Aderência dos Pronunciamentos Contábeis do CPC às Normas Internacionais de Contabilidade The Adherence of the Accounting Pronouncements of the CPC to International Accounting Standards

The convergence to international accounting standards has become a relevant issue and many countries around the world have already scheduled their adoption of these standards. In Brazil, the Accounting Pronouncements Committee (Comite de Pronunciamentos Contabeis, or CPC) was attributed the responsibility for issuing accounting pronouncements in accordance with International Financial Reporting Standards (IFRS). Each document issued by CPC corresponds to an international accounting standard issued by the International Accounting Standards Board (IASB). This paper, using content analysis, compares CPC pronouncements to IASB standards with the intention of identifying possible differences. Sixty-five technical pronouncements issued by CPC between years 2007 to 2011 and used in the financial statements of Brazilian companies were analyzed. Results show the existence of differences between the pronouncements issued by the CPC and the standards issued by the IASB, grouped into four categories of analysis. It is concluded, nonetheless, that the differences identified are not sufficient to preclude the statement that consolidated financial statements prepared in accordance with Brazilian CPCs are in accordance with IASB standards.