Consulta Pública SNC 04/26

CVM has opened Public Consultation SNC 04/26 on Revision Document No. 31 issued by the Brazilian Accounting Pronouncements Committee (CPC). For compliance and financial reporting teams at issuers, auditors and capital markets participants, this is a targeted accounting standards consultation rather than a direct prudential rule change. The practical impact is likely to arise through changes to recognition, measurement, presentation or disclosure requirements once the revisions are finalised.

Teams should review the document to determine whether any proposed changes affect current accounting policies, financial statement disclosures, internal controls or audit timelines. Firms with cross-border operations or IFRS-aligned reporting should assess convergence implications and coordinate with auditors and group finance. The consultation also provides an opportunity to shape final standards by submitting technical comments before the deadline.

Compliance teams should log the consultation, assign ownership to technical accounting or financial reporting functions, assess materiality and prepare a response if affected. There is no immediate filing obligation indicated in the notice, but early review will reduce implementation risk if revisions are adopted. The deadline for submissions is 7 December 2026.