NICSP17 propiedad, planta y equipo: tratamiento contable y presupuestario de bienes de larga duración en las entidades del sector público.

Abstract

This research paper focuses on establishing the accounting records and budgetary execution of long-lived assets within the public sector, with the aim of explaining how the accounting, financial and budgetary treatment of these assets is carried out through the application of the International Public Sector Accounting Standard No. 17 (IPSAS17), thus facilitating the understanding and interpretation of this standard. The methodological approach consists of the application of a descriptive analysis through the use of bibliographic reviews, books, scientific articles, accounting regulations and other texts considered necessary for the basis of this work. In addition, a practical reagent is proposed where the records of the accounting and budgetary items of an entity belonging to the public sector that acquires an asset of Property, Plant and Equipment are evidenced, making known the mechanisms applied related to these accounts where the transparency of accounting information prevails for subsequent analysis and decision making in public entities.