THE CPC-16 RELEVANCE TO MEET PRINCIPLES OF CORPORATE GOVERNANCE FOR SMALL AND MEDIUM BUSINESS IN BRAZIL

Abstract

The CPC-16 (Accounting Pronouncements Committee), consisting of a standard, in line with international accounting harmonization, which addresses how to control inventory. The research analyzes the adoption of CPC 16 and the relationship with the principles of corporate governance, and to investigate the relevance for small and medium enterprises. The methodology of this study, in addition to literature, was based on an analysis of five scripted interviews, with open questions, answered by professionals with recognized experience. At the end it was observed that the CPC-16, as well as the Brazilian Accounting Standards are aligned with the principles of Corporate Governance.