Análisis de la aplicación de la NIC 11 “contratos de construcción” en el sector de compañías limitadas de la ciudad de Cuenca, por el período 2013

Abstract

The present thesis focuses on explaining the application of International Accounting Standard 11, in the construction companies’ of the city of Cuenca that realizeconstruction contracts.

The construction sector is considered as one of the instigating activities to the economy of our country. Therefore the aim of this research is to present the most relevant parts regarding the accounting treatment of this issue.

This research thesis consists of four chapters that are related to construction contracts, these are: 1. Background, 2. Conceptual framework that explains everything related to the International Accounting Standard 11 "Construction Contracts" indicating the accounting and tax issues, 3. Analysis of the application of IAS 11, in which case studies related to the Standard and a brief financial analysis is shown, 4. Shows the results obtained and presented the respective recommendations for appropriate application of International Accounting Standard 11.