close

Newsroom

MGI Member in Brazil evaluates audit on President

13th April 2015

MGI World MGI Worldwide Latina America Area news item, Brazilian president Dilma Rousseff image

MGI SengerWagner Auditores Independentes, MGI's member in São Paulo, Brazil, was called in to evaluate a contentious audit carried out on President Dilma Rousseff's election campaign accounts by the country's Superior Electoral Court.

The audit included allegations of significant irregularities. Our MGI firm's conclusions revealed, however, that the audit was severely flawed, with miscalculations, duplicated posting of "absurd" amounts, summing errors and conceptual mistakes.

MGI SengerWagner's Managing Partner, Cláudio Wagner concluded his report: 

"The recommendation [of the court audit] that the President's accounts should be rejected is wholly improper, given that the quantity of material errors contained in the audit opinion make it unusable in practice to support such a recommendation."

This issue and our member's report have had major coverage in the Brazilian press and are part of a heated debate about calls for the President's impeachment and wider allegations of corruption in the political establishment.

For more information or to contact MGI SengerWagner visit their website or MGI profile page

Read more on Member news and Latin America

MGI World Peru Insight 518X362

Catch up with the latest Country Insights as MGI Worldwide members in Peru look at recent trends in the local accounting market

20th January 2022

Luis Gutiérrez Ríos from MGI Gutiérrez Ríos y Asociados and Angel Saco from Ramirez, Saco y...

MGI World three people in white t-shirts holding award with logo

MGI Worldwide member firm in Dominican Republic looks back over its 20th anniversary year - watch the video!

28th December 2021

Everyone at MGI Worldwide global accounting network would like to join with member firm MGI LT...

MGI World two businessman with logos

Retirement good wishes to Brad Mayer and a big welcome to Dane Boeckermann as the new MGI Worldwide Key Contact

22nd December 2021

MGI Worldwide friends and colleagues from around the world wish long-standing member Brad Mayer,...