by Federica Tedeschi
The Institute of Independent Auditors of Brazil (Ibracon) has conducted a research on audit committees of listed companies in Brazil and found that only a few companies have one in compliance with the guidelines of the The Securities and Exchange Commission of Brazil (Comissão de Valores Mobiliários – CVM).
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The research was conducted through interviews with members of the companies’ boards of directors.
The research found that around 30% of the respondents stated that they had an audit committee in place in compliance with the requirements of the CVM. However 40% of respondent said they had an audit committee but not in compliance with the CVM’s requirements, and 30% said they didn’t have an audit committee.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
