Proposta de análise das demonstrações contábeis : abordagem tradicional integrada com modelo Fleuriet

Abstract

The understanding of the account demonstrations, mainly the balance sheets and the income statements, are of great importance in all balance analysis. A more precise valuation can be made, through the understanding of the account structure of demonstration. The analysis process asks for a very solid knowledge about the accounting system and the finding out of these demonstrations. In fact, without them, the conclusions about the performance of the organizations will be seriously limited. The various aspects of the purposes from the balance analysis, the different expectations and the description of the scientific techniques that are used in the traditional methods of analysis, which are adopted in most of the cases, are shown in this work. Michel Fleuriet and others developed a model, called “Dynamic Financial Analysis”, for the administration of the turnover capital. This model retakes the theme of profitability and its indicators, which suggests a new and different approach from the traditional balance analysis. To develop his model, Fleuriet separates the components of the turnover, classifying them in two groups, according to its conduct referred to the operational cycle, which are: a) Cyclic accounts, which are the operational ones; and b) Erratic accounts, which are all the other accounts of the assets. Following this way of reasoning, in the work the “Traditional Model” and the “Fleuriet Model” was analyzed, and an “Integrated Model”, which uses some elements of Fleuriet methodology in the traditional model, as well as the approaches from the EBITDA and EVA, is being proposed for the analysis of the account demonstration, in order to help in organizations planning and management.