The professionals subject to the crossing of information should regularize their situation as soon as possible to avoid class council sanctions
Accounting professionals unfit to practice the profession will be identified by the Federal Revenue (RF) from the crossing of data registered with the Federal Accounting Council (CFC). The action complies with the provisions of the Technical Note – Digital Accounting Bookkeeping No. 001, of January 12, 2022. In addition, it aims to ensure compliance with the regulations that rule the exercise of the accountant profession, which states that only accountants or accounting technicians registered with the Regional Accounting Councils (CRC) can act as such.
In this way, all Digital Accounting Deeds (ECDs) transmitted from this year onwards can receive a notice during transmission informing about accounting professionals who sign the bookkeeping but are listed as “unfit” in the records of the Federal Accounting Council. This notice, however, does not prevent the ECD transmission, which remains mandatory.
According to the Technical Note, the accounting professionals who will be submitted to the crossing of data from the Federal Revenue together with the CFC are those registered under codes: 900 – accountant; 940 – independent auditor signatories of the bookkeeping; 910 – Accountant responsible for the verification term for the purpose of replacing ECD; and 920 – independent auditor, responsible for the verification term for the purpose of replacing ECD.
The professionals subject to the crossing of information should regularize their situation as soon as possible to avoid class council sanctions.
What is ECD and who is required to declare it?
Digital Accounting Bookkeeping (ECD) was established in a Normative Instruction of the Federal Government and is part of the Public Digital Bookkeeping System (Sped). Both were created to facilitate and unify the reception, validation, storage and authentication of accounting documents across the country.
Thus, the ECD allowed the replacement of paper documents with digital ones from daily books, ledgers and balance sheets, in addition to daily entry forms and others. This does not prevent the entrepreneur from keeping their physical books, if they need to present them in an audit.
All legal entities, including equivalent entities and immune and exempt entities, that are subject to income tax taxation, based on actual or presumed profit, are required to submit the ECD every year.