Aplicación de NIIF en la empresa papelería Mayna S.A.S.

Abstract

The adoption of international financial reporting standards (IFRS) in Colombia was carried out through a process established by the government and regulatory entities, this adoption decision was made with the aim of harmonizing the country's financial information with international standards to promote transparency and comparability of financial statements. The Superintendency of Companies established a regulatory framework for the implementation of IFRS. This included the issuance of resolutions and decrees that establish the requirements and guidelines for the application of IFRS in the country. IFRS were adapted to the particularities of the Colombian environment through the issuance of local standards known as full international financial reporting standards, as well as international financial reporting standards for SMEs. It is important to note that the adoption of IFRS in Colombia implied a significant change in accounting principles and in the presentation of financial information and required a transition process for the companies and professionals affected. Through the seminar of deepening and application of IFRS in financial strategies we managed to obtain a more advanced knowledge about the standards and their application in the field of strategies, we addressed in detail the process of measuring the different elements of the financial statements under IFRS, as well as the structure and presentation of these under the standard.