O processo de harmonização às normas internacionais de relatórios contábeis com enfase no setor público

Abstract

This study aims to analyze the effects of the adoption of International Financial Reporting Standards (IFRS) in Brazil, with an emphasis on the public sector, highlighting the impacts on fiscal transparency, reduction of the risk premium, and attraction of direct investment. The research adopts a qualitative, exploratory, and descriptive approach based on documentary analysis. It relies on academic literature and secondary data from reports by the Central Bank of Brazil, Institute of International Finance (IIF), International Budget Partnership (IBP), and standards issued by the Federal Accounting Council. It was observed that convergence with IFRS contributed to greater standardization and quality of public financial statements. Between 2017 and 2023, Brazil experienced an 87% increase in Foreign Direct Investment (FDI) flows and a significant improvement in budget transparency, reflected in the country’s Open Budget Index score (80/100 in 2023). The study demonstrates that international accounting harmonization strengthens public governance, improves fiscal credibility, and enhances Brazil’s economic competitiveness in the global market.