Norma internacional de contabilidad 37 “provisiones activos y pasivos contingentes una revisión teórica y práctica.

Abstract

This work is investigative in nature where NIC 37 provisions, contingent assets and contingent liabilities will be analyzed, which ensures that appropriate bases are used and this in turn can perform the measurements and recognition of both the provisions in the assets and contingent liabilities, these terms are conceptualized and it is recognized that a provision are obligations contracted by companies that have not yet been paid, which are born as a reserve to cover future problems, and may affect assets and liabilities, assets contingents are an expectation of future income that does not come to depend directly on the companies, these are not reflected in the financial statements because it is not probable that they will occur in income, but in the event that this happens, they will be located in the financial statements leaving clarifying notes and finally contingent liabilities are obligations that arise from As a result of past events where the existence can become a consequence, with a degree of uncertainty of a future event, the development of the research has a qualitative approach for which the descriptive method and the bibliographic review were used, in order to be able to leave a better explanation on this topic, three different cases are carried out giving an explanation of the provisions, contingent assets and liabilities.