Value Proposal

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.

CHALLENGES

• 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

Results Achieved

• 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.