(Universidad de Cuenca, 2016-01) Ayabaca Mogrovejo, Orlando Fabián
This research analyzes the development of the registration and financial reporting for SMEs engaged in the manufacture of garments and textiles. In the study 32 entities that report to the Superintendency of Companies, of which 11 are also in the database of the Chamber of Small Industry of Azuay (CAPIA) it was considered.
Among the key attributes of the financial information of SMEs he was found:
1. Application of IFRS scheme in reporting to SIC since 2012
2. Change in retained earnings account from the first time adoption.
3. Changes in accounting treatment of property, plant and equipment, by the application of the The authors make recommendations to the sector that will improve the selection of fair values, calculation of depreciation, deferred taxes and treatment are presented.
