Ajustes y reclasificación por su naturaleza y función del componente propiedad planta y equipo en “Pacifilab S.A.” periodo 2020.

Abstract

The financial audit consists of conducting an examination that certifies that the financial information of the enterprise demonstrates credibility and transparency of the elements of the financial statements, for this reason, the purpose of this case study is to assess the appropriate adjustment and reclassification according to its nature and function of the Furniture account of the Property component , plant and equipment of the company "Pacifilab S.A." in the period 2020; since, the error lay in the recording and depreciation of the ledger account. The methodology to be used is the deductive method with a quantitative and qualitative approach, also the technical argumentation based on scientific articles has been taken into account. Finally, in this work the auditor recognized the failure of the accountant in the accounting record and depreciation of the account Furniture and Equipment to Machinery and Equipment (Office Equipment), therefore, proceeded to perform the respective depreciation of the movable property recognizing the years of useful life as established by International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) , resulting only in the recording of the reclassification of the accounts according to their nature and function.