Diseño de un manual con enfoque a las Normas Internacionales de Información Financiera NIIF, para la empresa AVALUAC Cía. Ltda., del cantón Quito, provincia de Pichincha

Abstract

This study will discuss the design of a guidebook whose development focuses on the International Financial Reporting Standards (IFRS) for the company AVALUAC limited company located in Quito, belonging to Pichincha province. The creation of this manual was carried out in response to the necessity and lack of itself in order to ensure efficiency and effectiveness of the company staff while performing their duties, by making sure to collect regulations, principles and accepted techniques for accounting use, as financial information is a key element to understand the financial condition of the company and evaluate the use of resources. It is necessary that individuals managing the institution, involved in the finance department, count on the help of these guidebook in order to get well informed about the process, financial cycle, source documents, main polices and financial reporting standards IFRS criteria as well as the fact of being able to read and interpret a financial statement in order to achieve effective decision making to be reflected in the professional success and the company as well. In order to ease the understanding of the manual that has been made, framed within the International Financial Reporting Standards; it has been divided in five chapters. The first chapter explains all the general aspects of AVALUAC limited company. Chapter II explains everything about the conceptual and legal framework. Chapter III explains the recognition and both external and internal analysis of the current situation of AVALUAC company, including SWOT analysis. Chapter IV details the structure of the manual focused on the International Financial Reporting Standards (IFRS). Finally, Chapter V describes in detail the conclusions that have been reached and recommendations to improve accounting function of the company.