DISCLOSURE OF FINANCIAL STATEMENTS OF THE SICREDI COOPERATIVE CREDIT SYSTEM

Accounting aims to generate relevant information about the financial position of an entity. Group of companies is used the consolidated financial statements. The objective of this study is to analyze the different methodologies used for the consolidation of the Balance Sheet and Statement of Income in the Cooperative Credit System Sicredi and evaluate the main advantages and limitations of each methodology from the perspective of accounting disclosure, based on IFRS 10. This research is characterized as descriptive, qualitative and case study. The results were analyzed from real data indexed, in order to preserve the confidentiality of information. The main result shows that the method of consolidation that involves all the companies in the Sicredi allows a better analysis of financial position due to the higher level of accounting disclosure on the conglomerate. We conclude that the different methodologies of consolidation of financial statements applied to System Sicredi show different levels of accounting information. The adoption of the concept of control, in accordance with IFRS 10, on the methodology that consolidates the entire conglomerate is one that presents greater disclosure.