Ver artículo

This research has the general objective to review the implementation of the new nine basic generally accepted accounting principles. The inquiry is analytical-explanatory documentary, and books, international accounting research journals, abstracts and Web pages bibliographic synthesis. The main finding shows that high quality standards are geared to the investor, give priority to financial economics from the consensus reached by different theoretical approaches developed in recent decades, validated by business practice and intended to reflect the economic substance of operations, and to present a true and fair view of the financial position of the company. IFRS are issued by the International Accounting Standards Board (IASB),(former International Accounting Standards Committee).