CARACTERIZACIÓN DEL PROCESO DE IMPLEMENTACIÓN DE NORMAS INTERNACIONALES EN LAS PYMES DE ZIPAQUIRÁ

Abstract

The experiences of the implementation of the International Financial Reporting Standards (IFRS) for Small and Medium Enterprises (SMEs) is the main interest of this study, which characterized the adoption process based on the lessons learned by entrepreneurs and public accountants during the planning and implementation of the new international accounting model. To fulfill this purpose, an analysis was carried out through the construction of a semantic network, which allowed translating and relating the perception of the individuals interviewed and surveyed, contributing to define the status of the adoption and non-adoption of IFRS for SMEs in Zipaquirá entities.The answers given were coded and organized into positive and negative variables: the positive variables expose the interest of entrepreneurs in the municipality of Zipaquirá for the implementation of IFRS, as well as the active participation of public accountants, who were on par updating to execute due process. The negative variables show that the adoption of IFRS for some of the Zipaquira companies was a process that generated additional tasks and costs, since it was perceived more as a requirement than as a growth opportunity.Finally, because of the semantic network, the need to have quality information with the separation of the financial with the tax, the importance of training the professionals involved in the implementation and the value for SMEs were identified as significant positive variables to have a committed work team. As negative variables, some small and medium-sized companies in the municipality did not carry out the implementation process due to apathy, indifference and ignorance regarding the scope and obligatory nature of the process and for some of them carrying out the implementation they consider that it did not impact the financial statements, the information systems nor in the organizational and human resources structure.

Keywords

• experiences
• implementation
• international financial reporting standards for smes
• small and medium enterprises