What Confederação Nacional de Auditoria Cooperativa does

Confederação Nacional de Auditoria Cooperativa (CNAC) is a Brazilian cooperative confederation founded on August 9, 2007, and headquartered in Brasília. It operates as the sole Entidade de Auditoria Cooperativa (EAC) accredited by the Banco Central do Brasil to perform mandatory cooperative audits for credit cooperatives under Resolução BCB nº 97 (in force since July 1, 2021). Its clients are singular, central, and confederated credit cooperatives across the Brazilian Cooperative Credit System (SNCC), including affiliates of the major cooperative systems such as Sicoob. CNAC delivers a portfolio that comprises (i) the core mandated cooperativa audit, (ii) external audit of financial statements, (iii) internal audit, (iv) merger/incorporation audit, (v) fraud investigation, (vi) agreed-upon procedures, (vii) IT audit covering cybersecurity, data protection, and cloud compliance, and (viii) governance training delivered in-person and online.

The organization is built around proprietary and third-party audit technology, including TeamAudit (audit execution/management), SisbrAnalítico (analytical planning tool), and CnacAnalytics (data analytics platform), supplemented by a Remote Audit infrastructure (VPN with encryption, Kaspersky security, encrypted drives, USB monitoring, firewall) that was accelerated during the COVID-19 crisis via a dedicated Crisis Committee. CNAC also operates LGPD-compliant data protection practices with a designated Data Protection Officer.

CNAC is owned by its member credit cooperatives and governed through Ordinary and Extraordinary General Assemblies, with a Conselho de Administração, Diretoria, and Conselho Fiscal. Revenue is generated primarily through recurring annual audit contracts (mandated by BACEN), supplemented by project-based professional services (internal audit, IT audit, fraud investigation, agreed-upon procedures) and training engagements. Commercial delivery is executed through direct contracting via the Brasília headquarters and four regional offices (Porto Velho, Goiânia, São Paulo, Belo Horizonte). Pricing is not publicly disclosed and is negotiated per engagement. The organization has been Great Place to Work (GPTW) certified since December 2024 and is institutionally linked to OCB, Confebras, CFC, Ibracon, and DGRV.

Name

Confederação Nacional de Auditoria Cooperativa

Legal name

Confederação Nacional de Auditoria Cooperativa

Website

https://cnac.coop.br

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Short description

CNAC is a Brasília-headquartered cooperative confederation and the sole Banco Central-accredited Entidade de Auditoria Cooperativa (EAC) performing mandated cooperative, external, internal, IT, and fraud audits for Brazilian credit cooperatives under Resolução BCB nº 97.

Ownership category

akta.pro rank

Product category

Cooperative Audit Services

NAICS

Offices of Certified Public Accountants (541211)

SIC

Functions Related To Depository Banking, Nec (6099)

akta.pro primary industry

Community Development Credit Unions (CDCUs) (FSABAEAC)

Keywords

• Cooperative audit services
• Financial statement audits
• Internal audit services
• IT audit services
• Credit cooperative auditing

Headquarters

HQ city

Brasília

HQ country

Brazil

HQ region

Latin America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Auditoria Cooperativa (Cooperative Audit Services): CNAC is an authorized Entidade de Auditoria Cooperativa (EAC) accredited by the Banco Central do Brasil, providing mandated cooperative audits for credit cooperatives (singular, central, and confederations) across Brazil. Revenue is generated through annual audit service contracts, which are required under Resolução BCB nº 97.
2. Auditoria Externa e Interna (External and Internal Audit): Provision of external audit of financial statements and internal audit services for credit cooperatives, aligned with BACEN and Ibracon standards.
3. Auditoria de Incorporações e Fraudes (Merger and Fraud Audit): Specialized audit services for merger/incorporation processes and fraud investigation in credit cooperatives.
4. Auditoria de TI (IT Audit): Information technology audit services specifically designed for credit cooperatives, assessing cybersecurity, data protection, and cloud computing compliance.
5. Treinamentos (Training Services): Training programs for governance body members on governance, internal controls, accounting, and IT, also offered online.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

CNAC is the cooperative audit entity (Entidade de Auditoria Cooperativa – EAC) accredited by the Banco Central do Brasil that performs mandatory cooperative audits for credit cooperatives (singular, central, and confederations) across Brazil. Its portfolio spans cooperative audits, external financial-statement audits, internal audits, merger/incorporation audits, fraud investigations, agreed-upon procedures, IT audits, and governance training, all tailored to the Brazilian Cooperative Credit System (SNCC).

Product overview

CNAC provides a unified portfolio of cooperative auditing services for credit cooperatives operating in Brazil. The core offering consists of cooperative audit services mandated by Banco Central do Brasil regulations, supplemented by external financial statement audits, internal audits, merger audits, fraud investigation audits, and agreed-upon procedures engagements. Additional specialized services include IT audits for credit cooperatives and training programs for governance members. The portfolio is delivered through a team of multidisciplinary professionals with expertise in credit cooperative operations, and CNAC holds GPTW (Great Place to Work) certification recognizing its organizational culture.

Differentiator

Problem solved

Functional benefit

Products and services

• Auditoria Cooperativa Core cooperative audit service required by the Banco Central do Brasil for credit cooperatives, encompassing evaluation of operational performance, economic-financial situation, risk management, capital adequacy, governance policies, and internal controls.
• Auditoria Externa (Auditoria de Demonstrações Contábeis)

Quantifiable outcome

• Certified as Great Place to Work (GPTW) in 2024, reflecting high employee satisfaction and organizational culture

Named customers3 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Banco Central do Brasil (BACEN)coreStrategic or Co-development Partner · 9 August 2007CNAC operates as an authorized Entidade de Auditoria Cooperativa (EAC) under the regulatory framework established by the Banco Central do Brasil. BACEN regulates the cooperative audit activity through norms such as Resolução BCB nº 97, Circular BCB nº 3.790/16, and Circular BCB nº 3.799/16. This regulatory partnership is foundational to CNAC's mandate and operations.
• Confebras (Confederação Nacional das Cooperativas Centrais)coreStrategic or Co-development PartnerCNAC is listed on Confebras's official links page, indicating a close institutional relationship within the Brazilian cooperative credit system. Confebras is the national confederation representing central credit cooperatives.
• Organização das Cooperativas Brasileiras (OCB)coreStrategic or Co-development PartnerOCB is listed as an official partner link on CNAC's website. OCB is the national organization representing the Brazilian cooperative movement, including the credit cooperative sector.
• Sistema SicoobcoreStrategic or Co-development PartnerListed as an official partner link. Sistema Sicoob is one of the largest cooperative credit systems in Brazil, representing a major segment of CNAC's client base.
• DGRV (Deutscher Genossenschafts- und Raiffeisenverband)minorStrategic or Co-development PartnerListed as an official link. DGRV is the German Cooperative and Raiffeisen Confederation that provides international cooperation and best practice sharing for the cooperative sector, relevant to CNAC's international benchmarking.
• Portal do Cooperativismo (OCESP)minorOthersListed as an official partner link on CNAC's website. OCESP is the São Paulo state cooperative portal providing news and resources for the cooperative sector.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Grant Thornton Brasil: Mid-tier international audit firm serving Brazilian financial institutions including cooperatives. Competes with CNAC for external audit, internal audit, and advisory engagements with credit union clients.
• RSM Brasil: International mid-tier audit and advisory network with presence in Brazil. Provides audit and assurance services to financial institutions, including cooperatives, positioning it as a peer competing for adjacent audit mandates with CNAC's client base.
• EY Brasil: Big 4 firm performing financial statement audits and assurance services for credit unions and financial institutions in Brazil. Competes with CNAC for external audit engagements and broader advisory work with cooperative sector clients.
• Mazars no Brasil: International audit and advisory firm with operations in Brazil. Serves financial institutions including cooperatives, offering similar external audit and consulting services that compete with CNAC's adjacent portfolio offerings.
• KPMG Brasil: Big 4 firm performing external financial statement audits and advisory services for major credit cooperative systems in Brazil (Sicoob, Sicredi). Competes directly with CNAC for external audit mandates and adjacent higher-margin services for the same client base.
• BDO Brasil: Mid-tier international audit and advisory network with strong presence in Brazilian financial services. Performs external audits and risk advisory for credit cooperatives, directly competing with CNAC for non-mandated services within the same regulated client base.
• PwC Brasil: Big 4 firm with established financial services audit and risk advisory practice serving credit cooperatives and other financial institutions in Brazil. Direct competitor for external audit and consulting mandates within the same client base as CNAC.
• Baker Tilly Brasil: International mid-tier audit and advisory network with operations in Brazil. Serves financial institutions and cooperatives, providing external audit and consulting services that compete with CNAC's non-mandated portfolio offerings.
• Crowe LLP: International audit and advisory firm with one of the most prominent global credit union audit practices. Compares to CNAC in specializing in cooperative financial institution audit, though operating primarily in the US market.
• Deloitte Brasil: Big 4 firm with a strong financial services audit practice in Brazil. Performs external audits and IT/risk advisory for large credit cooperatives, competing for adjacent mandates that complement or substitute CNAC's offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/cnac
• LinkedInlinkedin.com/company/auditoriacnac

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Confederação Nacional de Auditoria Cooperativa