Fiscal Responsibility Law: An Analysis through the Opinion of Accountants beyond the Limits of Its Application

Jamille Carla Oliveira Araújo¹, Leidian Moura da Silva¹, Isis Cristynne Bernardo Correa²  
(1. Universidade Federal Rural da Amazônia (UFRA), Brazil; 2. Universidade Federal do Maranhão (UFMA), Brazil)

Abstract: The objective of this study is to highlight the importance of knowing the limits of the application of the Fiscal Responsibility Law (FRL) for accounting professionals who work within the public area. The study was carried out through the application of questionnaires together with bachelors in accounting of some organs and internal accountants both of the Municipality Ananindeua city, State of Pará, Brazil. This fieldwork revealed that the implementation of the FRL makes it necessary for the accounting professional to have a greater concern with the preparation, presentation of the execution reports and fiscal management. It is also observed with the emergence of the FRL that the public activity started to be exercised more intensively from the perspective of the concomitant control mentioned in Law No. 4,320/64. Public accounting resumes with a more directed function directed to the management of the public and fiscal management that presupposes the planned and transparent action, in which they prevent the risks and correct deviations capable of affecting the balance of the public accounts as it says in Complementary Law 101/2000. It also provides a viability in the society, where the control of public fiscal management makes it possible, through the LRF, to the user of the information a wide transparency of the activities.

Key words: professional accounting; fiscal responsibility law; public administration

JEL codes: M41, M48, E62, H83