Estado actual de la aplicación de las NIIF en la preparación de estados financieros de las empresas peruanas

Díaz Becerra, Oscar Alfredo
November 2010
Contabilidad y Negocios;nov2010, Vol. 5 Issue 10, p5
Academic Journal
For investors and other users of financial information to be able to act with full transparency and reliability it is necessary, among other things, that it be prepared according to a regulatory framework that is based on international standards that in turn adapt to new requirements of the global economy. The high level of globalization of the world economy has led the International Financial Reporting Standards (IFRS) to become the highest international standards applicable throughout the world and in the case of Peru, these standards have been made mandatory in preparing the financial statements of companies incorporated under the scope of the General Corporate Law. Thus, the main purpose of this research, having an exploratory design, is to have an initial approach on the compliance with the , implementation of IFRS in the preparation and presentation of financial statements of Peruvian companies that are not under the supervision of the National Supervisory Commission for Companies and Securities (CONASEV). To this end, first it presents a general review of the theoretical framework of financial reporting and secondly, an analysis of the Peruvian Setting Accounting Standards related to the preparation and presentation of financial statements. The third part of this work presents and describes the methodological aspects used in the development of this research, for which it has developed a survey that includes eighteen closed questions and two open ended questions, structured according to our main and specific objectives of this research. The survey was distributed to a sample of companies selected from the universe defined in the research. The results are set out in the fourth section of the article, entitled, research results and which analyzes the responses to each of the survey questions. Finally, we present the conclusions and recommendations that can be reached, highlighting among the main ones, a high incidence of tax and legal aspects when preparing financial statements in these companies, rather than a full implementation of IFRS, according to what has been provided by the accounting profession and the corresponding legal norms.


Related Articles

  • A Comparative Review and Analysis of the Movement Toward a Global Accounting Standard. Sepehri, Mohamad; Houmes, Robert // Journal of Accounting & Finance (2158-3625);Sep2011, Vol. 11 Issue 3, p53 

    This study provides a comparative discussion of arguments for and against initiatives to implement a universal (or global) accounting system. We consider the potential influence of these initiatives on global markets in terms of their relative relevancy and reliability for providing comparable...

  • TFRS 8 Faaliyet Bölümleri Standardı Çerçevesinde CoÄŸrafi Bölümlere Göre Finansal Raporlama: Ä°MKB-100 Åžirketlerinde Uygulanma Düzeyi. Ömürbek, Vesile; Özdemır, Ozan // Journal of Accounting & Finance;Oct2009, Issue 44, p199 

    As a result of the process of globalization, the number of multinational enterprises has risen on the one hand and the number of the countries they have been in touch has enlarged on the other. Because of the need to provide, clear, detailed, adequate level, comparable and timely information, in...

  • VALUATION OF TANGIBLE ASSETS FOR FINANCIAL REPORTING. Păvăloaia, Leontina // Young Economists Journal / Revista Tinerilor Economisti;Apr2013, Vol. 10 Issue 20, p77 

    Today's globalization trend, which affects all the economic and social dimensions, often requires business valuation as well. This is also due to the outsourcing of certain services. Therefore, our paper tackles particular issues related to tangible assets valuation for financial reporting...

  • Financial Statement Framework for Multinational Companies, Preparation, Translation and Analytical Issues: A Critique. IBADIN, PETERS OKOEGUALE; OMOYE, ALADE // Research Journal of Finance & Accounting;2013, Vol. 4 Issue 5, p229 

    This study focused on critiquing the framework for financial statements of multi-national companies (MNCs), translation and analytical issues. To achieve this, some extant literature on Generally Accepted Accounting Principles (GAAPs) as well as environment factors and accounting system...

  • BRIDGE THE INVESTMENT GAP. Askam, Douglas R. // Inventors' Digest;Aug2010, Vol. 26 Issue 8, p24 

    The article presents several suggestions on how one's company can avail of funds from bankers and investors. The author notes that bankers and investors depend on accurate and comparable financial statements to make sound decisions. Companies needing funds provide information by following the...

  • Loss Contingency Reform Hangs on Better Disclosure. Taub, Scott // Compliance Week;Feb2011, Vol. 8 Issue 85, p1 

    The article reports on the decision of the Financial Accounting Standards Board (FASB) to suspend the deliberation of its project to improve disclosure of loss contingencies relating to litigation in the U.S. It states that companies express relief on the FASB's decision and intend to continue...

  • LOOKS CAN BE DECEIVING. CAMFFERMAN, KEES; ZEFF, STEPHEN // Accountancy;Oct2010, Vol. 146 Issue 1406, p26 

    The authors argue that investors need more assurance that financial statements comply with the International Financial Reporting Standards (IFRS), which Canada is set to adopt on January 1, 2011. They believe that countries describing their reporting requirements in terms of the IFRS should...

  • ACCOUNTING ACROSS BORDERS. O'MALLEY, SHAUN F. // Financial Executive;Mar/Apr92, Vol. 8 Issue 2, p28 

    The article discusses the need to harmonize the varied accounting standards that exist in separate countries. In an age of global business relations it has become important that financial statements be comparable with each other, whatever their origin. A positive development would be for...

  • HEAD TO HEAD WITH IFRS. PERRIN, SARAH // Accountancy;Jul2011, Vol. 148 Issue 1415, p32 

    The article offers information on the new International Financial Reporting Standards (IFRS) on consolidated financial statements, joint arrangements, and disclosures of interests in other entities in Great Britain in 2011. It examines the impact of IFRS numbers 10, 11 and 12 on shareholders and...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics