The migration for the international pattern of accounting IFRS will bring more transparency and comparability to financial statements generating more competition among companies and helping the understanding among other employees of world capital market and other accounting users during economic decision-making.
Alignment among the business areas and TI
To promote the training of professionals
To enforce the economic essence on the legal form
Changes in the corporate system
To improve knowledge on the company's operations and businesses
High quality, comprehensible, transparent, comparable accounting information supply, regardless of the country of origin
Strengthening information credibility given to the administration by both internal and external investors
Participation in globalized capital markets
Ease to monitor and compare financial-economic situations and performance of entities
Optimization of allocation of capitals and contribution for the reduction of costs.
Reduction of regulatory costs
Application of good corporate governance practices
Generation of economic benefits in order to attract more investments
Elimination of the need of preparation of multiple sets of financial statements, by entities operating internationally, contributing for the reduction of operating costs.
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