ANALYSIS OF EVIDENCES FOR THE FAIR VALUE IN THE NEW CONCEPTUAL STRUCTURE OF ACCOUNTING

This study search evidence for fair value and consequent more useful information, especially for investors, at the new accounting framework that is been reviewed by International Accounting Standard Board - IASB, Exposure Draft - ED/2015/3. The study, of qualitative approach, and through content analysis compare and describe the new ECC with previous structures by FASB, IASB, Accounting Pronouncements Committee - CPC and Federal Accounting Council - CFC. The results indicate tendencies towards fair value, especially in the definition of the objectives and users and in the restructuring and semantics of the qualitative characteristics of the information. In this sense was identified four main aspects: i) focus at the future cash flows; ii) focus at the capital markets; iii) verifiability downgrade; and iv) removal of 'probable realization' of asset definition and converted in a measurement matter. In Brazil, the CPC replaces its basic statement by the new ECC and Resolution no 750/1993 and no 1.282/2010 were revoked by NBC TSP CONCEPTUAL STRUCTURE of 09/23/2016 of the CFC for confronting the new conceptions of the ECC. The findings of the study contribute to a better understanding of the ECC and its purposes.