Accounting for the Energy Sector

The distributed energy generation market has been growing rapidly in Brazil.

Here at MCS Markup, thanks to the expertise of our professionals, we have been supporting an increasing number of energy and infrastructure companies focused on this segment.

We have observed that having accountants capable of discussing sector-specific topics is adding substantial value to our clients. Subjects such as the balancing of revenue between plant rental contracts, O&M agreements and service provision contracts, and the tax implications of this allocation, can generate interesting benefits for companies.

With regard to infrastructure companies, discussing revenue recognition under IFRS 15 – Revenue from Contracts with Customers generates relevant impacts on the financial statements of companies in the segment.

MCS Markup’s BPO practice has a strong team of specialists who can support management in the discussion of these topics, ensuring greater transparency and credibility for companies in the segment through accounting outsourcing and tax compliance. Do not wait any longer, !

Written by Carlos Carneiro

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