TRUECPA Group is formed by na interdisciplinary professional team of accountants, lawyers and specialists, trained in all the processes related to accounting, tax compliance, secretarial, payroll, business intermediation and tax consulting services.

1. Corporate
Presentation
Brazil

2. Index
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Introduction
About True CPA Group
Our Mission, Vision e Values
Services
Contacts

3. Introduction - Market
Today’s complexities in doing cross-border business requires that
international companies stay current with the continuously changing
local market regulation and requirements in the different countries in
which they have subsidiaries.
This requires from organizations, not only international expertise, but
local grounded knowledge, which is costly and takes time to set up.
With True CPA international companies obtain scalable and tailor made
support for their subsidiaries.
True CPA could help on audit, due diligence, advisory, finance and
administrative back-office functions is more cost effective and provides
international companies immediate access to local knowledge
maintaining at the same time expertise required to manage their head
office requirements.

4. About True CPA Group
Our firm is comprised of professionals with vast experience, and has
more than 30 years supporting local and multinational clients. This
great tradition in professional services, recognized in the market, allows
us to state that:
We deliver a high quality service advice, personalized and
comprehensive, timely responding to your needs and professionals with
high standards.
Our business knowledge may have added international experience,
with professional experts in areas such as: Auditing, IFRS, Taxes and
Tributary services, Labor and Business Consulting.
All of our professional works are guided by high ethical values ​of
integrity, responsibility, respect for the people and independence, which
allows us to establish long-term business relationships with our clients.

5. Our Mission, Vision e Values
Mission: True CPA aims to turn the knowledge into value for the benefit of its clients, its
people and its community.
Vision: To have a proactive thinking, with an orientation to the future, dedication to the
success of our clients and community. Be recognized as:
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The firm preferred by the best talent in the world
Attracted by our reliability, prestige, culture and diversity
The firm chosen by the clients and professionals, attracted by the quality, wide
ranging and thoroughness of our services.
Values: Defining who we are, are the fundamental beliefs and reflecting the deep respect
that our clients and partners have for us.
Guiding our actions and behavior. Influencing the way we work with each other, and the
way we serve our clients and collaborating with the communities, building confidence.
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Open and honest communication
We respect the personal integrity, respect and teamwork.
People with energy, enthusiasm and courage to lead.
People who build relationships based on doing on the straightway
People able to nourish themselves with the needs and concerns of others
People are able to see things with a wider perspective

6. Audit
Our focus on audit is based on the strategic business risks for which we
focus our assistance in significant areas of your financial statements,
representing a value aggregated to the Corporative Board of Directors.
Our services are:
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Financial Statements Auditing
Assistance in the conversion to IFRS
Auditing Procedures Agreed
Limited Review and Acting
Preparation of Financial Statements according to IFRS
Evaluation of Internal Control Systems
Review of Financial Information
Specific review of accounting and financial areas, and advisory
services in application of accounting principles.
– Compliance with Rules and Regulations
– Courses of IFRS normative application

7. Advisory Services
Our area of ​business advisory is focused on assisting your company in
different areas such as:
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Internal Auditing
Due Diligence of Financial Statements
Advice on the company restructuring liabilities
Financial Risk Management
Business management and searching of strategic partners
Recruitment and selection of executives
Benefits and compensations
Asset management, human capital, processes and research and HR
studies
Our team of professionals has huge experience in identifying significant
risks, which will be fundamental support key to get control on all
aspects of your company’s financial information
Financial structuring of new business;
Strategic planning;
Mergers and acquisitions business
Due diligence;
Business plan.

8. Tax
Legal and Corporate
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Establishment of new Companies, Mercantile and Civil Contracts
Merger and Acquisition of Businesses
Wealth Structuring Individual and Family Equity
Tax Planning Wealth of Family with high value added equity
Business and Corporate Reorganizations
Tax Advisory in Inheritance and Donations
Tax recovery
Taxpayer Defense before the Tax Authority and Courts with respect
to the taxes
– Tax Consulting

9. Tax
Compliance
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Legal Due Diligence and tributary
Reviews for Business Acquisition´s purposes
Advice on the definition of Income Tax methodology
Tax treatment of foreign investment and payments to abroad
Act as Representative before the Tax Authorities
Preparation of Income Tax Return (Individual and Corporate)
Compliance with Accessory Obligations on Sales Tax and Fiscal
books (Federal, State and Municipal)
Compliance with accounting, statutory, tax, paralegal and labor
obligations (BPO).
Tax Diagnosis and Auditing
Tax Services to the Expatriate
Transfer Pricing

10. Tax Compliance (BPO)
True CPA is allowed to act in outsourcing services in the accounting,
fiscal books, treasury and administrative back-office services, delivering
cost-effective solutions while optimizing efficiency and quality for our
clients.
We are committed to provide our services under a “One Stop Shop”
concept with our trusted partners in Brazil.
As such, we serve as a real partner for international companies seeking
assistance for their subsidiaries in the understanding of local markets
and the compliance with local regulations.

11. Establishment of new Companies
Our services encompass the full life circle of an entity starting with setup and strategic planning.
We help our clients with the selection and set-up of the appropriate
entity type to support local business objectives, with the setting up of
books and procedures while helping through the registration process
before the appropriate local tax authority, administrative and banking
authorities.
We count with trusted partners networking as law firms, paralegal,
brokers and others specialists to help us in some activities.
Special licenses to run business in Brazil depends directly on our
trusted partners to obtain it.
Financial ERP system ready to use.

12. Management & Domiciliation
Upon contracting our Management & Domiciliation services you entrust
us the controllership of your local business to see that your company´s
objectives are met succesfully, while assuring at the same time, the
local entity´s goods standing with rules and regulations..
Either through True CPA or externally, we can provide you with highly
qualified and experienced representatives , officers or proxy holders
who can individually or jointly assume full or partial responsibility for
day-by-day management of your subsidiary.
When using our local registered address, the client is assured of the
timely and accurate processing of all formal communications received,
thereby also assuming the appropriate response to these documents.
* Management Services just could be provided, if True CPA will be responsible for accounting, tax compliance. treasury services and payroll

13. Fiscal Books & Obligations
The extensive, complex and ever-changing local rules and regulations
requires companies to focus more and more on handling compliance.
In organizations with reduced staffs, we are the ideal partner to keep them
up to date and in compliance with these constantly changing regulations.
Our comprehensive range of services includes, among others:
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Taxes, duties and charges calculations and respective payment
voucher
Timely tax fillings of the obligations to the local Tax Authorities,
Brazilian Central Bank and others
Coordination and attendance of tax auditing
Transfer Pricing calculations among the related companies
Local tax review
Preparation of Annual Income Tax Return of the Entity and Individual

14. Accounting & Reporting
You can rely on our experienced staff to keep your subsidiary´s books
and records and to issue the necessary reports in accordance with
local and international rules and group policies, so as to assure and
strengthen transparency and accountability of your business.
Our comprehensive range of services includes, among others:
• Day-by-day bookkeeping work
• Timely local and management reporting
• Account analysis preparation and reconciliation
• Fixed Asset accounting control and respective depreciation
• Inventory accounting control and cost of good sold
• Managerial report according to internal company policy
• Issuance of local Financial Statements
• USGAAP or IFRS
• Attendance of internal or external auditing

15. Treasury
Our team has huge experience in interbank relationship that could help
the company to maintain the control of payments and collections
electronically in accordance with the local and international rules and
group policy.
Our comprehensive range of services includes, among others:
• Accounts receivable controls, including the issuance of the
collection voucher through the bank system and send it to the
client
• Accounts payable controls to assure the payment on the due
date
• Electronic interface with the bank for sending and receiving data
• Bank reconciliation
• Issuance accounts payable & receivable position reports

16. Payroll
In the local environment of constantly changing of payroll regulations,
relying on our Payroll Outsourcing services is the best solution.
Our comprehensive range of services includes, among others:
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Drafting of locally compliant employment contract
Maintenance of employee confidential records
Assistance on the hiring and dismissal process
Gathering payroll data and ends with the preparation of
payment instructions for salaries
Process the advance salary and monthly calculation
Control and calculation of vacation and 13th annual salary
Tax and social charges calculations
Preparing and filling the payroll obligation to the Labor Authority
Loan Staff - manpower assignment

17. IT Solutions
To make easier the day-by-day and facilitates the internal controls, True CPA
has a standard Financial ERP system to process the services or sharing the
process with the clients, as follows:
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TOTVS ERP, the major software house in Brazil listed at BOVESPA (SP
SEC)
TOTVS ERP is totally compliant with the Brazilian Tax Legislation
ERP hosted at TOTVS data center and cloud access remotely
Secure access and data safety according to the SAS procedures
Standard Financial ERP system ready to use, clients does not need to
invest in ERP generating savings
ERP is segmented per modules, as: billing, purchasing, treasury
(AR/AP), inventory, accounting, fiscal books, fixed asset and payroll
Allow us to permit the client being part of the process according the
scope of services and responsibilities agreed
Develop a tailor made process and the specific ERP customization
belongs to the client for future internal requirements
Build a specific BI (Business Intelligence) cube for internal controls of
the management team
* If specific customization is required, it will be charged separately

18. ERP Flow Process
Taxes (Fiscal
Books)
B
Finance C
Fixed Assets
(Depreciation
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D
Purchasing
(Incoming
Invoices) A
A
(Accounts
Receivable)
Documents review, fiscal analysis, tax
B calculations, tax compliance and filings
service are under DA responsibility
A Billing
(Invoices
Issuance)
Accounting
Bank F
(Payments &
Collections)
Finance
(Accounts
Payable) C
C
Payroll routine services and monthly
process, tax and social charges calculation,
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payroll filings and compliance are under
DA responsibility
F
Inventory
(COGS)
D
Finance services could be performed
by DA or Client
Services under DA responsibility for
D Month End Closing in BR GAAP and
preparation of managerial reports
D
Payroll
Process
E
Posting Data in the System, this service
could be performed by DA or Client
DA upload the payments in the Bank and
Client will approve it electronically

19. Curriculum Vitae
Clóvis Rocha
Décio Deep
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MBA in Controllership & Financial – Fundação Getúlio Vargas
Bachelor in Accounting Administration – Faculdade ÍtaloBrasileiro
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Bachelor in Accounting Administration – Faculdade Newton de
Paiva
Qualifications
• More than 25 years experience in accounting, tax compliance,
tax consulting, finance , controllership and BPO area
• Strong actuation in the preparation and coordination of
Managerial Reports and USGAAP/IFRS
• Experience in strategic planning, feasibility study, budget
preparation & control and selling price
• Responsible for IT, managing and validating the internal
processes and implementing the ERP systems, as: JDEdwards,
Datasul, Oracle e Totvs
Qualifications
• More than 30 years experience in accounting, tax compliance,
HR & Payroll, finance , controllership and BPO area
• Strong actuation in the preparation and coordination of
Managerial Reports and USGAAP/IFRS
• Experience in new law Nr 11.638/07 and Nr 11.941/09
• Overall experience in HR and Payroll
• Business advisory focused in expansion projects
• Developing new businesses and tax planning
• Tax consulting and Income Tax
Background
Develops its experience in the multinationals companies in the
auditing, consulting, outsourcing and industries, as: Arthur
Andersen, Deloitte, Ernst & Young, TMF-Group, Honda
(Motorcycles and Vehicles) e Sara Lee Corp (Coffee Division)
Background
Started his career as Head of Accounting Dept and controller of
national and international companies, as: Metalur, Eletrosilex,
Itaminas. As entrepeneuer, since 1988 established an BPO Firm
(Plano Contábil) till the joint with True CPA.
Languages
Portuguese, English and Spanish
Languages
Portuguese, English and Spanish

20. Contacts
Décio Deep
Clóvis Rocha
decio.deep@truecpagroup.com
clovis.rocha@truecpagroup.com
São Paulo Office
Rua Urussui, 238, 1º andar Sala 12
CEP:04542-051 - Itaim Bibi
São Paulo – SP – Brasil
Phone: ++ 55 11 3168-4865
Belo Horizonte Office
Rua Santa Rita Durao, 19
CEP: 30140-110 – Bairro Funcionários
Belo Horizonte – MG - Brasil
Phone: ++ 55 31 3284.1110
Other office in Brazil: Rio de Janeiro & Brasilia
Other Countries: Chile, Mexico, Spain, Venezuela and Caribe
Thank you!!!
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