BERTOLDI NORMA BEATRIZ
Libros
Título:
D&G PROFESIONAL Y EMPRESARIA
Editorial:
ERREPAR SA
Referencias:
Lugar: Buenos Aires; Año: 2016 p. 1167
ISSN:
978-987-01-1914-2
Resumen:
AbstractFinancial institutions have a variety of key roles in the economy: they transform short-term deposits into long-term loans, provide payment services, and monitor depositors and borrowers, among others.In Argentina, the Central Bank of Argentina (B.C.R.A.) is an independent agency of the national state, whose primary and fundamental mission is to preserve the value of the currency. In its role as regulatory agency, it has issued various rules in order to achieve harmonization of its own accounting standards with international standards.The first instrument issued in February 2014, through Communication "A" 5541 was a roadmap, explaining the reasons that lead to convergence and brings an estimate of when schedule will come to work fully with international standards in the financial sector. Subsequently, by Communication "A" 5635 it provides that financial institutions must develop and submit their own implementation plan for convergence to the International Financial Reporting Standards (IFRS). Finally, disclosed by Communication "A" 5844, the guidelines that must complete the financial institutions to present items of adjustments to prepare the reconciliation of assets and liabilities with those that would result from applying the International Financial Reporting Standards.Accordingtotheroadmap, from fiscal years beginning on 01/01/18, banks must begin recording their operations and changes in net assets according to the standards the B.C.R.A. issued under the process of convergence to IFRS.Given the financial sector a key role in the economy of a country is very important to know and understand the rules governing the preparation and presentation of its financial statements, and in this respect, the harmonization that the regulatory agency is making to approach international standards.