Diseño de un sistema de control de inventarios Basado en la NIC 2 en textiles Jhonatex del cantón Ambato, provincia de Tungurahua

Abstract

The purpose of this research work named as "Design of an inventory control system based on IAS 2 in JHONATEX textiles, in the Ambato canton of Tungurahua province" is to apply the IAS 2 regulations, regarding the determination of the net realizable value for the proper valuation of inventories and recognition of the existing impairment value. For this purpose, inductive and deductive methods were used, and prior to the preparation of the proposal, a preliminary visit was made using techniques such as the observation guide and the survey, thus evidencing a clear lack of control and valuation of inventories, which resulted in a lack of knowledge of the real value of inventories, losses due to product obsolescence, unnecessary raw material purchases, shortages of some products both for production and for sale, as well as the existence of certain products that have deteriorated. With the application of IAS 2, with respect to the determination of net realizable value, the inventories of finished products have been updated to current value, the impairment value of the inventory has also been determined and the respective adjusting entry was made to recognize the existing impairment