Towards the Balance Sheet according to the Financial Reporting Standards

Abstract

The purpose of this work is to support those involved in the generation of financial statements and in particular those who prepare the Balance Sheet, with the identification of the Financial Information Standards in force that must be apply during the elaboration of the financial statement. It seeks to contribute mainly to the work that is done systematically within the professional offices of public accounting, since it has been identified that even a large number of them continue to present their financial statements with greater adherence to generally accepted accounting principles than to the Financial Reporting Standards.