Publicación:

Guía metodológica de aplicación ingresos

Resumen

IFRS for SMEs (international financial reporting standards) are established in Colombia as of Law 1314 of 2009 regulated as by Decree 3022 of December 2013, together with Decrees 2420 of December 14, 2015 and 2496 of December 23, 2015,, is composed of 35 sections, in the guide presented below we will be talking about section 23 (income from ordinary activities), which in Colombia the national government enacts its application under law 1314 of 2009, this in order that the information presented in the financial statements contrast with the international economic reality, that companies are not limited to compete in international markets with their products and/or raw materials. Taking into account the globalization presented in recent years and the free trade agreement between different countries, which generates for entrepreneurs the need to expand markets abroad, which implies that in order to participate in these processes of economic integration companies must have uniform accounting information to the application of accounting standards in the world, so that they are globally accepted, to improve efficiency and achiever potential benefits of greater transparency.