The Brazilian accounting practice follows both national and international standards and rules, making it indispensable for those interested in working in this area in Brazil to have a full grasp of the concepts and contents that form the basis of this field. Keeping it in mind, this book presents and explains concepts, criteria and fundamental aspects that all accountants need to know in a way that allows the reader not only to understand the theory that supports theses ideas but that also shows how professional accountants will use this knowledge in their everyday work.