Efectos financieros de la NIIF 15 en empresas industriales manufactureras de calzado sector industrial Norte en el Distrito Metropolitano de Quito.

Abstract

The purpose of this paper is to determine the financial implications of applying IFRS 15 to industrial footwear manufacturers in the northern industrial sector of the Quito metropolitan area. For this, a research study was carried out with mixed exploratory and descriptive methods, surveying the companies of the northern sector, since it is a strategic point that concentrates a large number of industries that represent 10% of the economic establishments, according to the Superintendency. of Companies, footwear companies are classified under the CIIU C code, which corresponds to the group of manufacturing companies. Within these, the companies with code C1520.01 are dedicated to the manufacture of footwear, it was possible to determine fluctuations in income, taxation and calculation of financial ratios. The results show that industrial companies have contracts with customers (both short-term and long-term) to sell their products, for which they implemented IFRS 15 (Revenue from Ordinary Activities from Contracts with Customers) applied from January 1, 2018, period of entry into force of the standard, which did not have significant financial and tax implications.