Adopción de NIIF en la empresa supermercado a tu alcance S.A

Abstract

Economic globalization is a process that began in 1991, in the government of President Cesar Gaviria. During this process of globalization, the nation has gone through various changes, such as technological evolution, free trade agreements and the adoption of international standards, in order to homogenize the information and make the financial language the same, anywhere in the world.

The adoption of these international financial reporting standards has been gradual and mandatory for all companies legally recognized in Colombia. Some have carried out the process in a timely manner, others continue in the process, given the size of the company. The non-adoption of these norms brings an economic sanction and a setback in its modernization process.

Through the research seminar on International Financial Reporting Standards, it was possible to determine the vital importance of these, when talking about establishing organizational policies and presenting the company's financial information to third parties. The adoption of these norms allows a greater organization within the company and the absolute understanding of the economic figures. In addition, it is a determining factor of greater competitiveness in the market, no matter how small the company is.

One of the tools, most used in administratively and financially organized companies, is the accounting policies manual, in this case, an example of the accounting policies manual, under IFRS, is shown in a company. This allows greater clarity in the procedures for registering and presenting financial information, on an international basis.