Implementación de las NIIF en el componente de activos fijos de la ONG Misión Alianza de Noruega en Ecuador.

Abstract

The present study was conducted with the objective of implementing the International Financial Reporting Standards (IFRS) in the fixed assets component of the NGO Mission Alliance of Norway in Ecuador. The problem that motivates the research arises from the need for non-governmental organizations in Ecuador to improve theirmanagement conditions in relation to the regulation of their economic activities and to standardize the way financial information is expressed, as is the case with for-profitcompanies. Now, the NGO Mission Alliance of Norway, present in Ecuador, finds itself in a perplexing position because there is no regulatory body in the country that exercises control over the way financial information should be disclosed. In this sense,it is known that International NGOs are subject to control by the Ministry of Foreign Affairs, but this institution is not a regulatory authority in the financial field. Therefore, NGOs or foundations are not obliged to implement the IFRS. It is for this reason that a qualitative and quantitative analysis has been developed, and it has been determined that by applying the fair value method, a total fair value of 935.978 dollarsand a global increase due to revaluation of 613.514 dollars can be obtained. Additionally, a budget was developed for the implementation of IFRS, which includesitems such as training, auditing, software implementation, policy updates, among others, with a total amount of 3.600 dollars. The activities to be carried out will be monitored through a specific plan