The accounting policies adopted by BB Foundation are applied consistently in all periods. The consolidated financial statements are prepared based on the guidelines issued by the Brazilian Corporate Law, and are presented in accordance with the practices of the Comitê de Pronunciamentos Contábeis - CPC (Accounting Standards Board) and the Conselho Federal de Contabilidade - CFC (Federal Accounting Council), approved by the independent audit.
The financial instruments of BB Foundation are recorded in equity accounts and are comprised mainly of the balances of financial investments, other credits, accounts payable, charges payable and other obligations.
The document containing the Consolidated Financial Statements can be accessed, in full, on the BB Foundation website – www.fbb.org.br.
The Rendering of Accounts of BB Foundation, for the year 2021, was approved by the Board of Trustees at a meeting held on 03.24.2022, in view of the information provided in the Accounting and Financial Statements, in the Activities Report and in the Summary of Budget Execution, after the presentation of the opinions of the Independent Auditors and the Fiscal Council, both without reservations.
