2020-10-23 | Resolução CMN 4858

Added 2026-09-27

CMN Resolution No. 4,858 — Establishes the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)

CMN Resolution No. 4,858 establishes the Cosif accounting standard, requiring institutions authorized by the Central Bank of Brazil to apply these rules for accounting recording, recognition, measurement, and disclosure. The resolution defines Cosif as a consolidation of accounting norms and a chart of accounts, structured into basic norms, account lists, models, and complementary documents, while excluding consortium administrators, payment institutions, securities brokers, and exchange brokers. It mandates the use of a specific chart of accounts defined by the Central Bank, prohibiting modifications to its structure, and sets the effective date for the standard as January 1, 2022.

Brazil

Banco Central do Brasil

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Resolution No. 4,858

CMN RESOLUTION NO. 4,858, OF OCTOBER 23, 2020

Establishes the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif).

The Central Bank of Brazil, in accordance with Article 9 of Law No. 4,595 of December 31, 1964, makes it public that the National Monetary Council, in a session held on October 22, 2020, based on Articles 4, items VIII and XII, and 31 of the aforementioned Law, and Article 61 of Law No. 11,941 of May 27, 2009,

HAS RESOLVED:

CHAPTER I
ON THE OBJECT AND SCOPE OF APPLICATION

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Lineage: Amended

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Show all related documents (43)

Supersedes

Resolution No. 4966 dated 2021-11-25not in RegAlert

Amended by

Resolution CMN No. 5116 – Amendments to multiple resolutions to exclude securities brokerages, securities distributors and foreign‑exchange brokerages from their scope2024Resolution CMN No. 4,966 — Accounting Concepts and Criteria for Financial Instruments and Hedge Accounting2021

Issued under

Law No. 11941 dated 2009-05-27not in RegAlertLaw No. 4595 dated 1964-12-31not in RegAlert

Basis for

BCB Normative Instruction No. 762 — Amends BCB Normative Instructions Nos. 428 and 430, defining accounting entries for Active Compensation and Shareholders' Equity in the Accounting Standard for Regulated Institutions2026Central Bank of Brazil Instruction Normative No. 741 of June 3, 20262026Normative Instruction BCB No. 737 of May 20, 20262026Normative Instruction BCB No. 734 — Amending Cosif Accounting Standards2026Normative Instruction BCB No. 674 of October 10, 20252025Normative Instruction BCB No. 671 — Amends Normative Instructions BCB Nos. 426, 427, 428, 429, 431 and 432 of December 1, 2023, Defining Accounting Line Items of the Chart of Accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)2025

+25 more

Instruction Normative BCB No. 640 — Amends Instruction Normative BCB No. 619 of May 9, 2025, Regarding Accounting Line Items of the Cosif Chart of Accounts2025Normative Instruction BCB No. 619 – Amends BCB Normative Instructions 426, 428, 429, 431, 432 and 433 (Dec 1 2023) defining Cosif accounting items2025Instruction Normative BCB No. 579 of December 27, 20242024Normative Instruction BCB No. 577 — Amends Normative Instructions BCB Nos. 428 and 433 to Create Accounting Lines in the Cosif Chart of Accounts2024BCB Instruction No. 543 of November 5, 20242024Instruction Normative BCB No. 542 — Amends Instruction Normative BCB No. 432 of December 1, 2023, Defining Accounting Items for the Debtor Result Group of the Cosif Chart of Accounts2024Normative Instruction BCB No. 537 of November 5, 20242024Normative Instruction BCB No. 538 of November 5, 20242024Normative Instruction BCB No. 539 of November 5, 20242024Normative Instruction BCB No. 540 — Amends Normative Instruction BCB No. 430 of December 1, 2023, Defining Accounting Items of the Equity Group in the Cosif Chart of Accounts2024Normative Instruction BCB No. 541 — Amends Normative Instruction BCB No. 431 of December 1, 2023, to define accounting items for the Creditor Result group of the Chart of Accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif)2024Normative Instruction BCB No. 459 — Amends Normative Instructions BCB Nos. 268, 270, 271, 273 and 275, and Normative Instruction BCB No. 315, to create and alter accounting items in the chart of accounts of the Accounting Standard for Regulated Institutions (Cosif)2024Normative Instruction BCB No. 447 of January 4, 20242024Normative Instruction BCB No. 442 of December 20, 20232023Normative Instruction BCB No. 432 of December 1, 20232023Normative Instruction BCB No. 427 — Defines the accounting items of the Permanent Asset group in the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif)2023Normative Instruction BCB No. 429 — Defines the accounting items of the Required Liabilities group of the Chart of Accounts of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif)2023Normative Instruction BCB No. 431 of December 1, 2023: Defines Accounting Items for the Creditor Result Group in the Cosif Chart of Accounts2023Normative Instruction BCB No. 386 of May 30, 20232023Normative Instruction BCB No. 378 — Creates and alters accounting items in the account list of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)2023Normative Instruction BCB No. 343 — Creates and Amends Accounting Line Items of the Chart of Accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)2023Normative Instruction BCB No. 325 of November 21, 2022: Creates and Amends Accounting Items in the Chart of Accounts of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)2022Normative Instruction BCB No. 318 — Defines the accounting subgroups of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif) for use by financial institutions and other institutions authorized to operate by the Central Bank of Brazil2022Normative Instruction BCB No. 316 of October 27, 20222022Central Bank of Brazil Instruction Normative No. 303 of September 12, 20222022

Referred to by

Central Bank of Brazil Instruction Normative No. 474 of May 23, 20242024Normative Instruction BCB No. 473 of May 23, 20242024Normative Instruction BCB No. 469 of May 3, 20242024Normative Instruction BCB No. 321 of November 10, 20222022Normative Instruction BCB No. 312 of October 24, 20222022Normative Instruction BCB No. 237 — Amends Filling Instructions and Layout of Documents 4010 and 40162022

+1 more

Instruction Normative BCB No. 195 — Establishes Procedures for Submitting the Analytical Balance Sheet and Analytical Financial Statement by Financial Institutions and Other Institutions Authorized by the Central Bank of Brazil2021

Timeline

Amended 2 times · last 2024-01-25

• 2024-01-25BCBResolution CMN No. 5116 – Amendments to multiple resolutions to exclude securities brokerages, securities distributors and foreign‑exchange brokerages from their scopeamends
• 2021-11-25BCBResolution CMN No. 4,966 — Accounting Concepts and Criteria for Financial Instruments and Hedge Accountingamends

Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works