The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions

The objective of the research is to analyze the auditors' perception regarding the measurement of the fair value of complex financial instruments level 3 in financial institutions. A questionnaire was applied with a sample of 62 independent auditors with technical qualification in financial ins...

Descripción completa

Guardado en:

Detalles Bibliográficos
Autores principales:	Paulo Cesar de Melo Mendes, Jorge Katsumi Niyama, Cesar Augusto Tiburcio Silva
Formato:	article
Lenguaje:	EN PT
Publicado:	FUCAPE Business School 2018
Materias:	audit measurement fair value financial instruments derivatives Business HF5001-6182
Acceso en línea:	https://doaj.org/article/accf4e55cba8457c876b7efff018f23c
Etiquetas:	Agregar Etiqueta Sin Etiquetas, Sea el primero en etiquetar este registro!

id	oai:doaj.org-article:accf4e55cba8457c876b7efff018f23c
record_format	dspace
spelling	oai:doaj.org-article:accf4e55cba8457c876b7efff018f23c2021-11-11T15:48:07ZThe Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions1807-734X10.15728/bbr.2018.15.4.4https://doaj.org/article/accf4e55cba8457c876b7efff018f23c2018-01-01T00:00:00Zhttp://www.redalyc.org/articulo.oa?id=123056181004https://doaj.org/toc/1807-734XThe objective of the research is to analyze the auditors' perception regarding the measurement of the fair value of complex financial instruments level 3 in financial institutions. A questionnaire was applied with a sample of 62 independent auditors with technical qualification in financial institutions of large audit firms among partners, managers and senior auditors. The tools used were the Logistic Regression Test (LOGIT); The KruskalWallis test, and the matching analysis test. Subjectivity was an implicit characteristic in the process where the auditors remained conservative. However, differences of values were identified that resulted in immaterial issues and an indication of divergences in the measurement of accounting estimates. As a suggestion of improvement in the audit processes, a more robust academic formation and the inclusion of a financial expert in the teams were identified. Opinions diverge as to the partners and managers, where they pointed out more agreement with the issues than the managers.Paulo Cesar de Melo MendesJorge Katsumi NiyamaCesar Augusto Tiburcio SilvaFUCAPE Business Schoolarticleauditmeasurementfair valuefinancial instrumentsderivativesBusinessHF5001-6182ENPTBBR: Brazilian Business Review, Vol 15, Iss 4, Pp 363-381 (2018)
institution	DOAJ
collection	DOAJ
language	EN PT
topic	audit measurement fair value financial instruments derivatives Business HF5001-6182
spellingShingle	audit measurement fair value financial instruments derivatives Business HF5001-6182 Paulo Cesar de Melo Mendes Jorge Katsumi Niyama Cesar Augusto Tiburcio Silva The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions
description	The objective of the research is to analyze the auditors' perception regarding the measurement of the fair value of complex financial instruments level 3 in financial institutions. A questionnaire was applied with a sample of 62 independent auditors with technical qualification in financial institutions of large audit firms among partners, managers and senior auditors. The tools used were the Logistic Regression Test (LOGIT); The KruskalWallis test, and the matching analysis test. Subjectivity was an implicit characteristic in the process where the auditors remained conservative. However, differences of values were identified that resulted in immaterial issues and an indication of divergences in the measurement of accounting estimates. As a suggestion of improvement in the audit processes, a more robust academic formation and the inclusion of a financial expert in the teams were identified. Opinions diverge as to the partners and managers, where they pointed out more agreement with the issues than the managers.
format	article
author	Paulo Cesar de Melo Mendes Jorge Katsumi Niyama Cesar Augusto Tiburcio Silva
author_facet	Paulo Cesar de Melo Mendes Jorge Katsumi Niyama Cesar Augusto Tiburcio Silva
author_sort	Paulo Cesar de Melo Mendes
title	The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions
title_short	The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions
title_full	The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions
title_fullStr	The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions
title_full_unstemmed	The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions
title_sort	perception of auditors in the measurement of instruments financial institutions at fair value in financial institutions
publisher	FUCAPE Business School
publishDate	2018
url	https://doaj.org/article/accf4e55cba8457c876b7efff018f23c
work_keys_str_mv	AT paulocesardemelomendes theperceptionofauditorsinthemeasurementofinstrumentsfinancialinstitutionsatfairvalueinfinancialinstitutions AT jorgekatsuminiyama theperceptionofauditorsinthemeasurementofinstrumentsfinancialinstitutionsatfairvalueinfinancialinstitutions AT cesaraugustotiburciosilva theperceptionofauditorsinthemeasurementofinstrumentsfinancialinstitutionsatfairvalueinfinancialinstitutions AT paulocesardemelomendes perceptionofauditorsinthemeasurementofinstrumentsfinancialinstitutionsatfairvalueinfinancialinstitutions AT jorgekatsuminiyama perceptionofauditorsinthemeasurementofinstrumentsfinancialinstitutionsatfairvalueinfinancialinstitutions AT cesaraugustotiburciosilva perceptionofauditorsinthemeasurementofinstrumentsfinancialinstitutionsatfairvalueinfinancialinstitutions
_version_	1718433911676076032

The Perception of Auditors in the Measurement of Instruments Financial Institutions at Fair Value in Financial Institutions

Ejemplares similares