Implementación NIIF 11 para pymes Plantaciones la Marquesa de Miraflores SAS

Abstract

The purpose of this study was to design an accounting policy for petty cash management at Plantaciones La Marquesa de Miraflores S.A.S., based on the guidelines established in Section 11 of the International Financial Reporting Standard (IFRS) for Small and Medium-sized Entities (SMEs). The research was conducted using a descriptive and proposal-oriented approach, supported by documentary review, accounting information analysis, and an evaluation of the internal procedures related to petty cash management. The diagnosis revealed the absence of formally documented accounting policies, weaknesses in internal controls, the improper use of the petty cash fund for payments exceeding the established limits, and deficiencies in reimbursement and documentation procedures. As a result, an accounting policy was developed establishing criteria for the recognition, measurement, recording, and control of petty cash transactions, while defining responsibilities, disbursement limits, documentation requirements, and reimbursement procedures. The proposed policy strengthens the internal control system, improves the reliability and comparability of financial information, promotes the proper management of cash resources, and contributes to compliance with the guidelines established by the IFRS for SMEs, thereby supporting more efficient and transparent financial management.