O impacto do reconhecimento de ativos fiscais diferidos na situa????o econ??mica e financeira das empresas

A presente pesquisa analisou o impacto do reconhecimento de Ativos Fiscais Diferidos (AFDs) nos ??ndices de liquidez corrente, liquidez geral, endividamento e rentabilidade sobre o patrim??nio l??quido de 36 empresas que fazem parte do n??vel de governan??a corporativa da BOVESPA, denominado ???Novo Mercado???, com dados das demonstra????es cont??beis do per??odo de 2006 a 2008. Os ??ndices foram calculados sem a considera????o e com a considera????o de Ativos Fiscais Diferidos nas referidas demonstra????es. A abordagem do estudo ?? quantitativa; quanto aos objetivos a pesquisa ?? descritiva e no que tange aos procedimentos t??cnicos ?? documental. Constatou-se, por meio do Teste ???t???, que o reconhecimento de AFDs tem impacto estatisticamente significativo nos ??ndices de liquidez e endividamento. Adicionalmente, buscando explicar os diferentes n??veis de reconhecimento de AFDs na amostra, aplicou-se o teste de correla????o e an??lise de depend??ncia por meio de regress??o m??ltipla. Os resultados revelam n??o existir rela????o significativa enThis research examined the impact of the recognition of deferred tax assets (AFDs) in rates of current liquidity, general liquidity, debt and profit of the inheritance of 36 companies that are part of the level of governance corporative from BOVESPA, called "New Market" with data from accounting statements for the period from 2006 to 2008. The indices were calculated without consideration and with consideration of deferred tax assets in these reported demostrations. The approach of the study is quantitative, as the aims; the research is descriptive, in regard about technical procedures; it is documentary. It was verified that the "t" test, that the recognition of AFDs has statistically significant impact on liquidity and debt. Additionally, trying to explain the different levels of recognition of AFDs in the sample, it was applied the test of correlation and dependency analysis through multiple regression. The results showed no significant relationship between the level of recognition AFDs and the explanator