THE FUNDAMENTAL QUALITATIVE CHARACTERISTICS OF ACCOUNTING AND FINANCIAL INFORMATION THAT EMERGED FROM THE MATCHING PROCESS OF INTERNATIONAL ACCOUNTING STANDARDS FROM THE PERSPECTIVE OF ACCOUNTING PROFESSIONALS

Given the publication of a new accounting conceptual framework in Brazil (CFC Resolution No. 1.374/11) that brought new concepts such as the qualitative characteristics of accounting information and financial, this study aimed to analyze the perception of accountants on these qualitative characteristics that emerged from the process of harmonization of international accounting standards. Considering a sample of 102 professionals registered in CRC-MG, it was found through a questionnaire, that half of the sample did not completely agree with the statements set forth in CFC Resolution No. 1.374/11 with regard to the fundamental qualitative characteristics. Thus, considering also the CFC Resolution No. 1.082/10, comes the realization that the current conceptual framework of accounting may generate conflicts of understanding, since both are in effect. Also noteworthy is that, being an applied social science, accounting is treated with a certain subjectivity, which can make understanding the rules not completely accepted by professionals. Finally, the findings of this research also open doors to a reflection on the adequacy of the current basic conceptual framework of accounting.