Adopción NIIF en Ecuador: Análisis pre y post sobre magnitudes contables de empresas cotizadas

María Teresa Cuenca Jiménez, Melania Yadira González Torres, Ángel Alexander Higuere Gómez and José Villanueva García

X-pedientes_Económicos, 2017, vol. 1, issue 1, 30-41

Abstract: Nowadays, the International Financial Reporting Standards (IFRS), issued by the International Accounting Standards Board (IASB), are a reference for obtaining comparable financial information at a global level. The adoption by Ecuador of the IFRS as a transition of the Ecuadorian Accounting Standards (NEC) based on the provisions of the Superintendency of Securities and Insurance Companies justifies the present investigation to provide knowledge of the Ecuadorian regulatory reality. Any adoption of accounting standards has a series of drawbacks derived from the complexity of the same, costs of implementation as well as the incidence that they imply in the valuation of certain corporate magnitudes. In this sense, the purpose of this research is to perform an analysis of the effect on the accounting variables of the balance sheet, financial ratios and profitability,before and after the application of the IFRS in the Ecuadorian context on companies listed on the markets of the Stock Exchange of Quito and Guayaquil, and supervised by the Superintendence of Companies, Securities and Insurance. To do this, the non-parametric Wilcoxon test of related samples is used, out of a total of 31 companies. The results show a significant difference for the accounting variables of the balance sheet and financial ratios, in the opposite direction there are no significant differencesin the profitability of the sample analyzed after the adoption of the IFRS.

Date: 2017
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