Perception of application of IFRS to Property, Plant and Equipment and its impact on the financial information of companies in Arequipa 2019

Authors

DOI:

https://doi.org/10.53641/junta.v3i1.44

Keywords:

IFRS, fixed assets, IAS 16, financial information

Abstract

The present work seeks to expose the problem of the application of IFRS in the Property, Plant and Equipment account. For this, the risk factors for said non- compliance are identified from a non-experimental and correlational cross-sectional investigation, and through the application of a survey to various companies to obtain a situational diagnosis of recognition, measurement and evaluation. of the rules regarding the mentioned account. Finally, the incidence of this lack in financial information is concluded and a tentative policy approach is proposed based on the revision of IAS 16 Property, Plant and Equipment.

Downloads

Download data is not yet available.

References

Consejo de Normas Internacionales de Contabilidad. (2019). Las Normas NIIF® Ilustradas: Normas emitidas a 1 de enero de 2019. Parte A.

Ley N.° 26887. Ley General de Sociedad. Diario Oficial El Peruano, Lima, 5 de diciembre de 1997.

Downloads

Published

2020-06-29

How to Cite

Álvarez Vargas, L. (2020). Perception of application of IFRS to Property, Plant and Equipment and its impact on the financial information of companies in Arequipa 2019. La Junta Magazine, 3(1), 43–55. https://doi.org/10.53641/junta.v3i1.44

Issue

Vol. 3 No. 1 (2020): Revista La Junta (June 2020)

Section

Articles

License

Copyright (c) 2021 Leoncio Álvarez Vargas

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.