Informe final de la práctica empresarial en agropunto colegas S.A.S

Abstract

A level of complexity has represented for companies the adoption of the International Financial Reporting Standards, hereinafter (IFRS), due to the scarce knowledge of them, incurring high costs for employee training, software updates, among others. It represents a significant expense for organizations. The implementation of IFRS in an entity requires a series of phases that this organization must develop to be successful in the application of this new regulatory framework, for this reason it is necessary that in the plan, as one of the first steps, the design of the accounting policies that are a fundamental element to ensure part of the proper functioning within the organization under this new accounting scheme. To design accounting policies in an entity, definitions such as the recording, measurement and disclosure of financial information must be taken into account. Also, define the functional currency, the presentation currency, the useful lives of assets, the depreciation methods, the model for subsequent measurement of assets and liabilities, the method for determining the impairment of assets, the method of determining reasonable values, among others.