Aplicación de la NICSP 11 en el registro de contratos de construcción del GAD parroquial Ayapamba en el período 2022.

Abstract

Ecuador was one of the Latin American countries that planned to implement the International Public Sector Accounting Standards (IPSAS) as its accounting regulatory framework for the preparation and presentation of the financial statements of the sector as of 2020, according to the Instructions for convergence of the Government Accounting Regulations to IPSAS, issued on April 8, 2019, by the Ministry of Economy and Finance. The implementation of the IPSAS has been carried out progressively, with the adoption of different blocks of standards over the months. Although Ecuador planned to implement IPSAS as of 2020, public policy delayed this process until 2022. The objective of this research is to apply International Public Sector Accounting Standard 11 (IPSAS 11) in the registration of GAD construction contracts. Parroquial de Ayapamba during the 2022 period, this will be carried out with the resolution of a practical case in which the ORFOXT EP Company is hired. for the construction of a mini coliseum and the existence of an advance by the Ayapamba Parish GAD. The research carried out is of the descriptive type and as a research instrument we will use the bibliographic in the review of material such as scientific articles and books. The results show the correct accounting treatment that must be carried out in the cases of construction contracts with advance payments following the guidelines of IPSAS 11.