Baja de propiedad, planta y equipo aplicando la norma internacional de contabilidad 16 en la empresa “Ayudame Diosito”

Abstract

The objective of the International Accounting Standard-16 lies in establishing the standards for the accounting treatment of property, plant and equipment, with its acronym "PP&E", determining its book value and the changes that occur, as well as, record the charges generated by impairment of non-current assets. The present investigation was carried out in a descriptive manner according to the most relevant terminology referring to IAS 16, with the approach of a practical exercise in which the respective accounting record was made before the disposal of the machinery registered in the non-financial assets of the entity, but they decided to cancel it. In the course of the exercise, two hypothetical sales prices were established, however, in both cases losses were generated, therefore, it is important to carry out a prior valuation of the asset and calculate the reasonableness of the asset to be sold.