Efectos en la situación económica – financiera por la aplicación de la NIC 38 en las empresas ubicadas en los parques industriales de la ciudad de Quito durante el periodo 2017-2021

Abstract

Currently, companies are obliged to innovate their products and/or services in order to attract more customers and seek their loyalty, which is why one of the ways is to analyze the importance of Intangible Assets for companies. Factors such as trademarks, patents, software, IT projects and human capital are of vital importance that deserve recognition in financial statements as it leads to an increase in its value as a company in the competitive market and in the same way in the stock market in the stock exchange. This analysis will show the importance of the application of IAS 38 Intangible Assets rule in the companies of the industrial parks of the city of Quito, in which it will be shown which companies apply them, the type of Intangible Assets that are recognized in the financial statements, the type of amortization applied and how the methods and period of application are defined. In the same way, the variation of financial indicators will be analyzed with the data from the Financial Statements in order to define whether or not they are in stable ranges it means, that the companies can develop their own activities, both operational and administrative, without any inconvenience. With all the results obtained, you can confirm if these applications are favorable or not with the current markets in regard to other companies that do not apply the IAS 38 Intangible Assets rule.