Permuta comercial de una propiedad, planta y equipo, aplicando normativa internacional NIC 16, caso empresa Universitaria S.A.

Abstract

The present work leads us to the investigation of a practical exercise whose primary purpose is the proper management of IAS 16 (International Accounting Standard), in which an issue arises and is that the Empresa Universitaria SA wishes to make an exchange of a pumping equipment for a plot that is located in the Santa Rosa Canton. The investigation has been carried out under a descriptive approach which will be based through the development of an exercise that will allow us to use calculations and accounting records, such exercise that has as an entity the company Universitaria SA will have a historical cost, whose asset will suffer a depreciation, the swap refers to a land located in a canton of the Province of El Oro, which reflects its fair value to finally register the transaction in the general daily book as dictated by international regulations. Here we analyze and investigate the International Accounting Standard (Nic 16) and particularly in the exchange that allows us to start with foundations where we will be able to apply our project scientifically.