Efectos financieros en la aplicación de la NIC 11 en el consorcio somos Guayllabamba ING. Constructores en el periodo 2019.

Abstract

The development of this research project has as its main objective to establish an analysis of the leading causes and economic effects generated by the application of -NIC 11 in terms of control, registration, and accounting of income and expenses carved out from contracts of construction; the construction company Cosortium "We are Guayllabamba ING, Building Company" was taken as a research reference, whose contract is related to the structure of the work "House we are, within the Metropolitan District of Quito", in the period 2019; in the investigation process, a mixed research methodology was applied, that means, qualitative and quantitative, through which the causes and effects were described and quantified, as well as the level of impact presented in the financial and accounting information of the consortium, for the collection of relevant data for the development of the project, the survey was used as a research technique, applied to the main collaborators of the company's financial area; Likewise, to measure the level of economic impact caused by the application of the standard, a financial analysis was carried out through the application of the primary indicators, resulting in the implementation of NIC 11 in accounting for income, costs, and expenses, influences both the liquidity and the profitability of the construction company.