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 Harik Thompson logo

Member Merger News! Harik Minassi Coale, based in California, USA, joins forces with Thompson CPA to become Harik Thompson CPAs

25th February 2021

We are thrilled to share the news that our member firm Harik Minassi Coale, who has been with us...

MGI World Tax Benefits Italy 518X362

Are you aware of the Tax Benefits in Italy for foreign investors and workers? Our MGI Worldwide CPAAI member, MGI Vannucci & Associati explains how you can benefit!

18th February 2021

Based in Lucca, Italy, MGI Vannucci & Associati shares news that the Italian government is...