Mantenimiento de la política contable de PPYE caso práctico Fundación Servicio Social bajo NIIF

Abstract

This degree project will allow the "Social Service Foundation" to update the accounting policy Section 17 Property, plant and equipment under International Financial Reporting Standards. Through the interpretation and organization of the information, it is proposed to update the accounting policy based on economic facts and precisely adapted to comply with the current standard in the field of Property, Plant and Equipment under IFRS for SMEs, in order to improve accounting procedures and thus reasonably reflect the performance and financial situation, facilitating economic decision-making and contributing to the transparency, interpretation and comparability of information. In the development of this research work, the elements that make up property, plant and equipment will be studied, emphasizing the maintenance of the accounting policy, defining its initial recognition, measurement and presentation of this item in the financial statements. In Colombia, by means of Law 1314 of July 13, 2009, they reach the IFRS adopting and contemplating a calendar for the different companies classified into three large groups, Full, SMEs and micro-enterprises, starting with leveling the information in the global format, this in order to fuel the growth of the market, taking into account that for its implementation, the financial information presented by Colombian companies would be in standard formats with more real data, based on the same guideline and all speaking the same language.