Evidence of the Long-term Influence of Local Regulations as a Challenge to the International Harmonization of Financial Reporting

The study aims to assess the potential long-term effects of the ‘accounting culture’ sedimented in POC on the materialization of the concepts in IAS and IFRS. Through the archive research as a method, the contents of the consolidated reports of the entities listed in the main Index of Euronext Lisboa for the most recent year (2020 or 2021, when available) were assessed.