IFRSs in Brazil

On 28 January 2010 the Brazilian Federal Council of Accounting and the Brazilian Accounting Pronouncements Committee signed a Memorandum of Understanding (MoU) with the IASB that sets end-2010 as the target date for full convergence with IFRSs and establishes a framework for future co-operation between the organisations.

For further information about Brazil and IFRS visit the jurisdiction profiles page.