Publicación:

Implementación NIIF PYMES construcciones ABC S.A.S

Resumen

International financial reporting or accounting standards are a “single set of legally enforceable and globally accepted standards of high based on clearly articulated principles, which requires that financial statements contain comparable, transparent information that helps investors to make economic decisions” (Varón, L. 2012). Well due to globalization, the implementation of the Standards International Financial Reporting Standards (IFRS) have become a necessity for any organization, because it allows to improve the financial situation by creating greater stability in the accounting policies of the company, achieving thus efficiency, transparency and understandable information in the financial statements of the organization, which are required to present annually to give know the financial situation according to the needs of each user external. It is also important to be clear that the implementation of IFRS requires having knowledge to be able to carry out an adequate process, hence the need to consider within this process the advice of expert consultants in the management of IFRS, in order to define adequate accounting policies to respond effectively to market changes, because although it allows generating reports efficient for both internal and external users and facilitates business in international markets among others, this is achieved with knowledge, training and advice from professionals who guide an effective implementation.