Norma internacional de contabilidad (NIC 37) “provisiones, activos y pasivos contingentes”, una visión desde la practicidad.

Abstract

The present work aims to address the international standards of financial information, as an important instrument for the financial analysis of companies, with the adoption of these accounting standards all independent entities of their size are seen in the need to apply them to generate information systematically, as well as in the financial analysis of companies. relevant, timely and detailed for the correct business decision-making, in this sense, the objective of the work is to analyze the provisions, contingent assets and liabilities through the revision of the International Accounting Standard (IAS 37), in order to give an accounting treatment in the professional field, which will serve for the correct interpretation of the effects that occur due to the nature of the accounts. Regarding the methodology is descriptive level accompanied with the analytical method, in order to reach a certain result. IAS 37 is an important tool for the economic utility of companies as it focuses on the recognition and measurement of contingent provisions, assets and liabilities, in order to provide a specific knowledge of the accounting of these accounts, to recognize when and how i should lead to the treatment of the future, possible or present obligation. It concludes, with a practical case for better understanding of the nature of the accounts that frame this rule, whose purpose is to understand the application and recognition of provisions, assets and contingent liabilities.