Accounting practices of the active element based on international financial reporting standards in companies in the commercial sector of the city of Sincelejo / peg. 107-124

Abstract

In Colombia, after the enactment of a Law accountant to
facilitate the approach of colombian law to the accounting
system international, was not given the proper disclosure
to the need of migration of the accounting system
traditional to International Financial reporting Standards
(IFRS, IFRS), and thus there are still doubts on the part of
the guild of accountants, entrepreneurs, and others, with
regard to the process in which you are mired for your
application, binding, it becomes interesting to this project,
with the purpose of analyzing the accounting practices of
the active element based on the international financial
reporting standards in the business sector of the city of
Sincelejo, with the understanding that the Colombian
business system had to migrate to this accounting model
in order to generate quality information according to the
parameters established in the international standard. The
present research is characterized by presenting a not experimental, field design; with a descriptive type of
study. As sources of collection of primary data was
designed and implemented an instrument, modality
questionnaire, directed to the subjects responsible for the
accounts of companies observed, as well as, the
outstanding entrepreneurs; secondary sources were
represented by consultation of books, scientific articles,
and specialized databases, with the goal of obtaining
information of the reality to consider. It is expected to
show how it has carried out the process of implementation
of International Standards of Financial reporting (IFRS) in
the business sector of the city of Sincelejo, as well as the
recognition, measurement, presentation and disclosure of
certain items of the financial statements in reports
generated by the accounting system.