Análisis de la NICSP 17 y su incidencia en los estados financieros del GAD parroquial de Ayapamba, 2022.

Abstract

The proper application of IPSAS 17 in public sector accounting is vital to ensure the quality and comparability of financial information. However, the standard's implementation can be a challenge for public sector entities due to its complexity and the lack of training and resources. The improper application of IPSAS 17 can lead to the presentation of inaccurate or incomplete financial information, affecting decision-making and transparency in the public sector. Hence, it is crucial to address this issue and provide guidance for the proper application of IPSAS 17 in similar public sector entities. The correct application of IPSAS 17 is essential to ensure the quality and comparability of financial information in the Ecuadorian public sector. Nonetheless, public sector entities face challenges in implementing the standard due to its complexity and lack of training and resources. Specifically, for the Autonomous Decentralized Government (GAD) Parish of "Ayapamba," it is necessary to record its assets, i.e., property, plant, and equipment, following the accounting guidelines established in IPSAS 17. However, in Ecuador, difficulties have been identified in correctly determining the book value of assets and expenses related to their depreciation, as well as issues related to the inappropriate use of accounts and accounting concepts, and mismatches in the Cash Flow Statement presented to the regulatory body. These deficiencies have revealed problems in the management of accounting information and the risks associated with making decisions based on such information. In this context, it is crucial for the Ayapamba Parish GAD to maintain accurate accounting of its property, plant, and equipment. This leads to the present research with the objective of analyzing the impact of IPSAS 17 on the Ayapamba Parish GAD and its effect on the 2022 financial statements. The research methodology used is both quantitative and qualitative, involving the collection and analysis of numerical and statistical data, as well as studying the subject beyond descriptive analysis to draw conclusions, including comparing financial figures and quantifying the standard's impact on financial results. The documentary research method was also used to gather relevant information about IPSAS 17 and review the financial statements of the Ayapamba Parish GAD. This method focuses on analyzing secondary information sources, such as financial records, legal documents, and regulations. As a result of the research, significant changes in the presentation of the financial statements were identified due to the implementation of IPSAS 17, implying adjustments in the valuation and depreciation of assets. Additionally, the accounting practices used in the Public Sector for these assets were compared, providing relevant context to understand the standard's application in the Parish GAD. The influence of the standard on the financial statements was emphasized, highlighting the importance of transparency and accuracy in accounting information for adequate decision-making in the governmental realm.