Analysis of the Impact of Ifrs in Net Worth of Anonymous Companies

Irene Gisel Buele Nugra, Esthefany Elizabeth Sarmiento Lema, Diana Catalina Arce Bau

Research output: Contribution to journalArticle


The adoption of International Financial Reporting Standards (IFRS), for recording the economic and financial operations of companies worldwide, makes a great difference in the usefulness and applicability of accounting information. Before this process, the Superintendencia de Compañías, Valores y Seguros of Ecuador, has published resolutions for the gradual application to IFRS since 2009. The transition period began in 2010 and ended in 2012. The research analyzed the effects caused to the Net Worth in a group of Ecuadorian companies based on the Positive Theory of Accounting. This analysis determined that the most affected financial accounts in the Process of transition to Property were Plant and Equipment, Intangible Assets and Obligations with Non-Current Financial Institutions.
Translated title of the contributionAnálisis del Impacto de las NIIF en el Patrimonio Neto de Empresas Anónimas
Original languageEnglish (US)
Pages (from-to)1-8
Number of pages8
JournalJournal of Finance and Accounting
Issue number6
StatePublished - 5 Jan 2018


  • Financial impact
  • International accounting standards
  • International financial reporting standards
  • Net worth

CACES Knowledge Areas

  • 114A Accounting and Auditing


Dive into the research topics of 'Analysis of the Impact of Ifrs in Net Worth of Anonymous Companies'. Together they form a unique fingerprint.

Cite this