Two new accounting norms

Following accrual-accounting convergence process, see workshop by PSAGiBRAZIL, Brazilian Federal Council of Accountants (CFC – Conselho Federal de Contabilidade) enacted on 6 Dec 2016 two new norms: a NBC TSP 04 (according IPSAS 12) Inventories, and on inventories, and NBC TSP 05 (according IPSAS 32) Service Concession Arrangements.

Brazilian Federal Council of Accountants website (in portuguese): InventoriesService Concession Arrangements

The norms (in portuguese): InventoriesService Concession Arrangements