Brazilian GAAP Vs IFRS Overview

In this guide, 'Brazilian GAAP vs. IFRS: Overview', we take a high level look into existing GAAP differences and provide an overview of where the standards are similar and where they diverge. No publication that compares two sets of  accounting standards can include all differences that could arise in light of the huge variety of business transactions that could possibly occur. The existence of any differences - and their materiality to an entity's financial statements - depends on a variety of specific factors.

This brochure focuses on those differences most commonly found in present practices and, where applicable, provides an overview of how and when those differences are expected to converge.