The Use Of Accounting Statements By Small And Medium-Sized Enterprises

Abstract

The General Technical Brazilian Standard (NBC TG) 1000 inserts small and medium enterprises in the process of harmonization of international accounting standards, thus the standard brings the liability of the annual presentation of a complete set of statements by these companies. It is possible to notice the complexity of the requirements considering that the financial statements are, for the most part, designed only to meet the inspection requirements. The objective is to identify the financial statements used by small and medium entrepreneurs in managing their businesses and check the NBC TG 1000 contribution to overcoming the new challenges proposed to small and medium-sized businesses. This paper is a deductive exploratory research. To perform, in addition to literature, two questionnaires were produced: one of them applied to small and medium entrepreneurs and the other to accountants that serve companies of this size, in order to identify which financial statements are used in the small and medium entrepreneur's everyday. In the final considerations, according to the literature and the case study, a comparative analysis of the statements required by the new NBC TG 1000 and the statements used by small and medium entrepreneurs in the management process was conducted in order to identify the sufficiency of information obtained from the financial statements used today and aggregate from the statements required by the standard.