Implementación del control de plantas productoras y regalías y su incidencia en los estados financieros de una empresa exportadora de rosas de la provincia de Cotopaxi mediante la aplicación de normas internacionales de información financiera (NIIF).

Abstract

The purpose of this methodological proposal is to present a control model for Production Plants and Royalties under International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) that are applied to the floriculture sector. In practice, it has been possible to appreciate the applicability of the fair value model in agricultural activities, under the premises of what is established by the modified international standards (IAS 16 and IAS 41), it can be argued that specifically floricultural companies cannot measure the cost of the flower reliably (IFRS 13). A relevant one is that the prices of the different markets differ due to the diversity of combinations that exist at the time of establishing the sale price: stem length, more than 100 varieties, type of packaging, among others, under these conditions the cost model historical the most appropriate. The correct application of IAS 38 is essential, since the relief of short and long-term debts with respect to royalty contracts is decisive for decision-making regarding financial projections and cash flows, and others. Considering that this item in the Financial Statements is relatively high because it is part of the business line. Faced with this scenario, it is intended that this work serve as a guide for companies related to this agribusiness, supporting accounting, tax and financial criteria, based on the application of IFRS and the guidelines that allow and require control entities local.