Accountancy in Brazil

>> Audit Requirements in Brazil

Statutory audits are only required for publicly traded corporations, entities operating in the banking and financial sector, and insurance companies. A recent law added that the closed-capital corporations and limitadas considered to be large companies (sociedade de grande porte), companies, or group of companies under common control, with total assets worth more than R$240 million or annual gross revenue higher than R$300 million, are now obligated to have a statutory audit.


Latest version updated 20th December 2017

Country Breakdown

207.7

Million

Population

R$

Brazilian Real

Currency

$ 1.8

Trillion

GDP

8.5

Million

km2