Sistema de costos basado en la NIC 2 y su impacto en los estados financieros de la camaronera Mar y Tierra Sa de Machala en el 2021.

Abstract

The cost system based on the International Accounting Standard (IAS) 2, deals with inventories, has a significant impact on the financial statements of the company Mar y Tierra S.A during the period 2021. IAS 2 establishes that inventories must be valued at cost, either the cost of acquisition or the cost of production, including the direct and indirect costs necessary to bring them to their present location and condition. The methodology used in the research is descriptive, which is done when you want to describe, in all its main components. The investigation intends in this way, to describe the cost system that the company has and determine if it is based on IAS 2, the results of this investigation will allow us to know the impact that these have on the financial statements of the organization. Being the general objective: Determine the impact of the implementation of a Cost System based on IAS 2 through the analysis of the financial statements of Empresa Mar y Tierra S.A in the year 2021. Under the cost system based on IAS 2, the company must identify and properly account for the direct and indirect costs associated with the production and storage of its products. it implies a greater level of detail in the collection and registration of information, as well as the implementation of more rigorous internal controls. Which leads to a better representation of the financial situation of the company in its financial statements.