The Brazil Securities Commission (CVM), through its Superintendence of Accounting and Auditing Standards, issued its annual technical circular to independent auditors with an active CVM registration, setting out priority points on maintaining registration, operating in the securities market, and applying professional independent audit standards in audit engagements. A central update is practical guidance on using Infoaudi, the new Auditor Registration system launched in June 2024, which enables auditors to update their data directly and upload documents required under CVM Resolution 23. The circular also reinforces supervisory expectations around audit execution and audit documentation, covering topics including CVM Resolution 23, auditing standards, investment funds, CVM Resolution 193, digital protocol, communications related to Article 24 of CVM Resolution 50, and recurring issues identified in recent years by the International Forum of Independent Audit Regulators.
Brazil Securities Commission (CVM) 2025-05-05
Brazil Securities Commission publishes annual circular to independent auditors with Infoaudi system guidance and audit documentation focus
The Brazil Securities Commission (CVM) issued its annual technical circular to independent auditors, highlighting priorities for maintaining registration and applying audit standards. Updates include guidance on using Infoaudi, the new Auditor Registration system, and reinforced supervisory expectations on audit execution and documentation. The circular addresses CVM Resolutions 23 and 193, digital protocols, and issues identified by the International Forum of Independent Audit Regulators.