Leonardo Silveira do Nascimento became a member of the International Public Sector Accounting Standards Board in January 2014. He was nominated by the Conselho Federal de Contabilidade (CFC), which is responsible for the regulation and representation of the accounting professionals in Brazil.
Mr. Nascimento is currently the head of the Department of Accounting Standards for the Brazilian Federation in the National Treasury at the Brazilian government’s Ministry of Finance and a member of the Advisory Group for the Brazilian Accounting Standards for the Public Sector at Conselho Federal de Contabilidade.
In the National Treasury, Mr. Nascimento’s department is responsible for setting financial reporting standards for all government bodies of Brazil based on the Public Sector Accounting Manual and is currently part of a team responsible for developing a system of automatic accounting and fiscal data transfer based on the XBRL taxonomy which will be used by 5,564 Municipalities, 26 States, the Federal District and the Union by 2014.
Since 2003, he has been in the public career of Financial Analyst of the National Treasury. He also held the position of Fiscal Policy Coordinator in the Economic Policy Secretariat of the Ministry of Finance from 2006 to 2007. He previously worked in the accounting office of Banco do Brasil, the larger public financial institution in the country.
Mr. Nascimento graduated from Universidade de Brasília with a Bachelor of Accounting, holds a Specialization in Public Budget and Finance Administration and a Master’s degree in Accounting from Universidade Federal de Santa Catarina.