Tratamento das subvenções governamentais em PGC e em IFRS

Abstract

Public companies are a strategic form of State intervention in the supply of goods and services that are increasingly sought after by society. The effective performance of these companies depends to a great extent on funds from the State Budget, in the form of grants. The accounting treatment of these funds has deserved particular attention, not only for their weight in the Financial Statements but also for the significant impact that they translate on the investments and the exploration activities of public companies. The State budget, origin of the grant funds, follows the peculiarities of Public Accounting, in compliance with the requirements of the General State Account. While the Accounting of public companies must comply with what is set out in the General Accounting Plan, which is currently adjusted to the International Financial Reporting Standards (IFRS), in harmony with the commands of public accounting. The advances that have been made in accounting science, with the adoption of International Accounting Standards, are the fundamental reason to carry out this study aiming at a comparative study of the accounting treatment of grants under the PGC and IFRS. The two normative instruments approach the type of recognition and disclosure of grants based on two types, highlighting grants oriented towards exploration activities and grants for investment. The accounting treatment recommended for each type of subsidy is presented in an articulated and harmonized way in specific accounts, both at the IFRS level and in the Treatment of government subsidies in PGC and in IFRS and PGC, although it is necessary to address some improvements in the framework of some PGC accounts.