ANALYSIS OF BRAZILIAN ACCOUNTING STANDARDS APPLY TO PUBLIC SECTOR (NBCASP): A STUDY IN THE FEDERAL STATES OF BRAZIL

The aim of this study is to describe the adhesion of the Federative Units of Brazil in relation to the Brazilian Accounting Standards Applied to the Public Sector. The methodology used in this research is characterized as descriptive, qualitative approach, carried out through desk research. The survey data reveal that in 2010, 2011 and 2012, the disclosure of public agencies of the State with regard to adherence to the Brazilian Accounting Standards Applied to the Public Sector (NBCASP) that converge with International Public Sector Accounting Standard (IPSAS) is still incipient. It is noteworthy that important points made in the NBCT NBCT 16.3 and 16.8 standards which deal, respectively, on the disclosure of the PPA, LDO and Internal Control are not respected, even if such items have their mandatory disclosure required by the Federal Constitution and Law Fiscal Responsibility. It was also observed that the 27 units, only the states of Minas Gerais, Maranhao, Rio Grande do Norte, Sergipe, Bahia, Acre, Amazonas, Roraima, Tocantins, Goias, Mato Grosso and Mato Grosso do Sul did not show the account titled intangible. None of the states showed the Statement of Cash Flow and Statement of Economic Outcome or mentioned something about the system cost or valuation of the rights and cash and securities. We conclude that the Brazilian states are not ready to start the mandatory disclosure under the NBCASP, given the level of disclosure evidenced so far.