Impact of IFRS 15 on the Quality of Accruals and Earnings Management of Brazilian Publicly Held Companies

Theoretical framework--By requiring greater judgment and discretion in assessing companies' performance obligations, IFRS 15 can provide greater scope for managerial influence on earnings quality. Practical & social implications of research--Due to the failure to achieve the initial objectives expected by the implementation of IFRS 15 in Brazil, standard setters should monitor the evolution of the implications of the use of this standard, eventually seeking to improve it in the search to align the exercise of manager judgment to practices that improve the quality of accounting information.