Mapeando os Fatores Associados à Similaridade dos Principais Assuntos de Auditoria em Empresas Brasileiras Listadas

Otávio Araújo de Carvalho; Laura Edith Taboada Pinheiro; Vagner Antônio; Renata Turola

doi:10.51341/cgg.v26i3.3165

Authors

Otávio Araújo de Carvalho Universidade Federal de Minas Gerais - UFMG https://orcid.org/0000-0002-4547-6411
Laura Edith Taboada Pinheiro Universidade Federal de Minas Gerais - UFMG https://orcid.org/0000-0002-4511-7208
Vagner Antônio Universidade Federal do Espírito Santo (UFES) https://orcid.org/0000-0001-7210-4552
Renata Turola Universidade Federal de Minas Gerais - UFMG https://orcid.org/0000-0003-4423-9024

DOI:

https://doi.org/10.51341/cgg.v26i3.3165

Keywords:

Similarity, Key Audit Matters, Audit Report

Abstract

Objective: This study aims to identify the characteristics of audit firms and audited Brazilian listed companies that influence the similarity of key audit matters (KAM).

Method: Mean and panel data regression tests were conducted using a sample of 1,375 observations of companies traded on the Brazilian stock exchange B3 in the period from 2016 to 2021.

Results: The results demonstrate an average similarity of (KAM) of 72.91% in the analyzed period. Furthermore, it was observed that the number of KAM reported, company size, change of auditor, presence of an audit committee, pre-COVID period, and being audited by KPMG are negatively associated with the similarity rate. On the other hand, being audited by Deloitte Touche Tohmatsu, Ernst Young, PriceWaterhouseCoopers, and operating in the industrial goods sector showed a positive association with similarity.

Originality/relevance: Previous research has indicated that KAM similarity could occur over the years, but no comprehensive studies have explored the characteristics of audit firms and audited companies that influence the similarity of these matters.

Theoretical/Methodological Contributions: The evidence obtained contributes to the literature by establishing a connection between the characteristics of audit firms and companies that influence KAM similarity. This benefits the capital market, enabling audit professionals to assess factors that influence KAM similarity and reflect on its effects, thereby improving the quality of disclosed information. It also helps accounting regulatory bodies verify whether the objectives of establishing KAM in the audit report are achieved.

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Author Biographies

Otávio Araújo de Carvalho, Universidade Federal de Minas Gerais - UFMG

Doutorando e Mestre em Controladoria e Contabilidade, Graduado em Ciências Contábeis e possui Especialização em Auditoria e Perícia Contábil. Atua como Professor, Contador e Auditor Independente com habilitação para atuação em companhias reguladas pela CVM e BCB.

Laura Edith Taboada Pinheiro, Universidade Federal de Minas Gerais - UFMG

Professora Associada do Departamento de Ciências Contábeis da Universidade Federal de Minas Gerais. Doutora em Contabilidade e Finanças e Mestre em Contabilidade Internacional pela Universidad de Zaragoza, Espanha.

Vagner Antônio, Universidade Federal do Espírito Santo (UFES)

Graduado em Ciências Contábeis pela PUC Minas (2006) com especialização em Gestão de Negócios pelo IBMEC/MG (2009), especialização em Data Science e Analytics pela USP/ESALQ (2022), mestrado em Ciências Contábeis (2011) e doutorado em Administração - Finanças (2016) pela Universidade Federal de Minas Gerais (UFMG).

Renata Turola, Universidade Federal de Minas Gerais - UFMG

Professora Adjunta do Departamento de Ciências Contábeis da UFMG e Coordenadora do Programa de Pós-Graduação em Controladoria e Contabilidade - PPGC/UFMG. Possui graduação em Ciências Contábeis pela Universidade Federal de Minas Gerais (UFMG), com mestrado e doutorado em Controladoria e Contabilidade pela Universidade de São Paulo.

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