Gabriela de Ávila Machado
Lawyer at Marcos Martins Advogados
As it does every year, the CVM has released a Circular Letter with guidelines on the preparation of financial statements for publicly traded companies. Circular Letter SNC/SEP 01/21 deals with the statements for the fiscal year ending 12/31/2020 and clarifies important aspects that must be observed, including the impact of the Covid-19 pandemic and the recognition of tax credits.
Access the letter: http://conteudo.cvm.gov.br/legislacao/oficios-circulares/snc-sep/oc-snc-sep-0121.html
