Normas Internacionales de Información Financiera en micro, pequeñas y medianas empresas de Colombia

Abstract

Currently, globalization requires the business environment a series of requirements, in various \naspects, to achieve its permanence worldwide, such is the case of improvements in accounting aspects. In this \nsense, the objective of the research is to determine the degree of progress in the process of implementation of \nthe International Financial Reporting Standards by micro, small and medium-sized companies located in the \nmunicipalities that make up the northwestern region of the Department of Valle del Cauca, in the Republic \nof Colombia. The study is descriptive and the deductive method was used. Information was taken from the \ndatabases of the Cartago and Tuluá Chambers of Commerce. The population universe was 3,953 MSMEs, \nfrom which a stratified random sample of 578 companies was taken, to which the survey-type instrument was \napplied. As a result, it was identified that the implementation progress percentage is 8.46%. The foregoing, \ndue to the little interest of businessmen, the absence of control by government entities, ignorance of the \nStandards, generated by the lack of education and training on the subject by accounting professionals.