A evidenciação contábil do risco sacado nas demonstrações financeiras das companhias varejista listadas na B3: uma análise à luz da teoria da divulgação

Abstract

This research aims to identify, in the light of the theory of disclosure, the practices of accounting disclosure of the forfait in the financial statements of retail companies listed on B3: an analysis in the light of the theory of disclosure, in the period from 2019 to 2023. The financial statements of the retail companies listed on B3, which are part of the governance levels of the Novo Mercado, N1 and N2, comprising 14 companies and 70 observations, were analyzed. Through the content analysis, an increase in the level of disclosure of the drawn risk operations was identified in accordance with the CVM's technical guidelines regarding the disclosure of information, especially after the Americanas S.A. scandal. The analysis revealed the influence of financial scandals on accounting disclosure practices, evidencing the relationship between crises and the quality of the information disclosed, especially regarding the disclosure of the forfait. The changes identified in the forms of disclosure of the fortait over the years, especially in the years 2022 and 2023, indicate that companies are able to adjust to changes in market regulations and expectations, even if in a reactive and subtle way. These findings reflect not only companies' current practices regarding the measurement and disclosure of forfait, but also the emerging trends and ongoing challenges faced by the accounting and finance industry regarding the thin threshold of accounting information asymmetry.