Financial instruments of capital and debt according to ifrs, USGAAP and BRGAAP: a case study of the gerdau S.A

This paper aims to present concepts about financial instruments with characteristics of equity, but are considered liabilities. Using techniques of literature search and documentary, this study analyses the IFRS, USGAAP and BRGAAP on this issue, highlighting the main topics of each and their differences. After that it is verified as the company Gerdau S.A. classifies and evidences titles with these characteristics for the years 2006, 2007 and 2008. The choice of the company must it spreading of its countable demonstrations in BRGAAP and USGAAP in 2006 and IFRS and USGAAP in 2007 and 2008, thus allowing comparisons between the three standards. It was found that while IFRS and USGAAP have pronouncement specific, in Brazil it still received no special treatment, which is reflected in accounting and the degree of disclosure of information published on the basis of the Brazilian standards.