CPC-47: estudo sobre impactos de sua adoção devido à revogação do CPC-17 em uma empresa de construção civil no estado do Rio Grande do Norte

Abstract

This study was prompted by the revocation of the CPC 17 – Construction Contracts and CPC 30 – Revenue, on January 1st, 2018 which left the topic regarding revenue in construction contracts to be addressed by the CPC 47 – Revenue from Contracts with Customers. This caused changes in the way revenue is recognized for construction companies, and it also brought certain requirements about the moment in which the revenue recognition happens. This study aims to identify the impacts of the changes to the CPC 17 in a contract of a construction company. Regarding the objectives of this research, it is classified as exploratory, with regards to the data capture, it is classified as a case study, and with regards to the approach of the problem, it is classified as qualitative. With the contract of a construction company from the state of Rio Grande do Norte in hands as well as the relevant accounting documentation, the impact of the changes brought by the CPC 47 compared to the revoked CPC 17 were identified, which was the recognition of the amounts received as Liabilities, rather than Revenue, until the construction was fully delivered due to the fact that the company did not establish individual performance obligations and also did not define if the performance obligations would settled be overtime or at a specific point in time.