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COVID-19: Accounting Measures for Legal Entities

Supersociedades reported a new extension in the deadlines to submit financial statements for 2019: they would start on May 13. IASB explained how IFRS 9 – Financial Instruments should be applied during the period of economic uncertainty generated by the coronavirus. In this editorial we relate the accounting measures related to legal entities during the … Read more

Technical accounting regulatory frameworks: The need for change

The criteria for classification as a micro, small, medium or large company are different for commercial and accounting purposes. This means that in certain cases some companies are affected by the cost of implementing the current accounting regulatory frameworks. Some of us have been advocates of the application of International Financial Reporting Standards because of … Read more