IAS 16 and its Effect on Fiscal Application in Ecuador. Case: Regional Rotary Journal

Abstract:

With the adoption of the international accounting regulations in the process of implementation, the financial information must be prepared under conditions of certainty, reliability, comparability, and veracity. Thus, it is transformed into a utility tool for the users, as well as it provides the elements of judgment needed for the decision-making process of all sorts. The objective of this work is to analyze the application of IAS 16 and the fiscal implications of the application of such standard in the editorial services companies in Ecuador; specifically in the case of a regional rotary journal. The methodological frame focuses on the application of the regulation in a particular company and its respective implications on fiscal and tax nature. The results show that there may be differences between the application of the IFRS and current tax regulations, both nationally and internationally.

Año de publicación:

2018

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Fuente:

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