Study of the Adoption of IFRS 16, accounting, tax and financial involvement considering COVID-19 effect in Ecuador
Article Sidebar
Main Article Content
Abstract
This paper performs an accounting analysis of the adoption of the International Financial Reporting Standard 16 (IFRS 16). Consider the implications of COVID-19, using a case study, from the perspective of the tenant. A descriptive and documentary research is applied, information on accounting guidelines, tax bases, theoretical framework and background were analyzed to evaluate the application of IFRS 16 and its effects on accounting records, financial metrics and taxes in a supposed empirical case. The results describe the impacts on the Lessee's Statement of Financial Position, Income Statement and Cash Flows; in addition to effects on its indicators such as indebtedness, solvency, profit before depreciation and amortization, taxes and interests (EBITDA) and earnings before taxes and interests (EBIT). The objective is to present accounting guidelines in the Adoption of IFRS 16 and promote discussion on its effects on financial information.
URL: https://revistas.uta.edu.ec/erevista/index.php/bcoyu/article/view/1411
Downloads
Article Details
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
The publications of the Boletín de Coyuntura are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0). The Universidad Técnica de Ambato retains the copyright of the published works, and favors and allows the reuse of these, as long as: the authorship and original source of publication is cited, and they are not used for commercial or onerous purposes. The intellectual property of the published articles belongs to the authors.
References
Asamblea Nacional. (2020) Ley de Apoyo Humanitario. Registro Oficial S. 229 del 22 de juno del 2020, pág 4. Obtenido de https://www.emov.gob.ec/sites/default/files/transparencia_2020/a2_41.pdf
Asamblea Nacional. (2010). Código Orgánico De Organización Territorial, COOTAD. Registro Oficial S. 303 del 19 de octubre del 2010.
Banco Central del Ecuador. (2020). Evolución de las Opereaciones Activas y Pasivas del Sistema Financiero Nacional (Boletin N.o 111; p.85).
Chérrez, Z. V. (2017). Comparativa de la parte práctica del Borrador Leases 2013 con el modelo de transición en sectores como Real Estate e Industrial de la NIIF 16. Gestión Joven, 17, 11.
COOTAD, Código Orgánico de Organización Territorial Autonomía y Descentralización. (2014). Quito, Ecuador
Díaz, J. M., & Ramírez, C. Z. (2018). IFRS 16 (leases) implementation: Impact of entities’ decisions on financial statements. Aestimatio: The IEB International Journal of Finance, 17, 60-97.
Grupo Técnico/IFRS Centre Of Excellence. (2016). NIIF 16 Arrendamientos. https://www2.deloitte.com/content/dam/Deloitte/es/Documents/auditoria/Deloitte_ES_Auditoria_NIIF-16-arrendamientos.pdf
Guzmán Pérez, S., Mezarina Ruiz, R. A., & Morales Gamboa, S. (Diciembre de 2016). Evaluación del impacto financiero y tributario en la transición de la NIC 17 a la NIIF 16 en el sector minero. UPC: https://repositorioacademico.upc.edu.pe/handle/10757/621966
Ley Orgánica de Régimen Tributario (28 de diciembre del 2015). Obtenido de https://www.sri.gob.ec/BibliotecaPortlet/descargar/cbac1cfa-7546-4bf4-ad32-c5686b487ccc/20151228+LRTI.pdf
IFRS Foundation. (s. f.). NIC 12—Impuesto a las Ganancias.pdf. Recuperado 30 de septiembre de 2020. Obtenido de https://www2.deloitte.com/content/dam/Deloitte/cr/Documents/audit/documentos/niif-2019/NIC%2012%20-%20Impuesto%20a%20las%20Ganancias.pdf
International Acounting Standards Board . (2016). Norma Internacional de Información Financiera 16. Obtenido de https://www.ifrs.org/issued-standards/list-of-standards/ifrs-16-leases.html/content/dam/ifrs/publications/html standards/english/2021/issued/ifrs16/
International Accounting Standards Board. (2020). Reducciones del alquiler relacionadas con el Covid 19. Obtenido de https://cdn.ifrs.org/-/media/project/ifrs-16-covid-19/covid19-related-rent-concessions-ed-es.pdf
Mantilla Samuel A. (s. f.). (11) IF IASB enmienda IFRS 16 Mayo 2020.pdf. Recuperado 20 de septiembre de 2020, de https://www2.deloitte.com/content/dam/Deloitte/co/Documents/audit/BibliotecaTecnica/RecursosIFRS/IFRSinFocus/(11)%20IF%20IASB%20enmienda%20IFRS%2016%20Mayo%202020.pdf
Molina Sanchez Horacio. (2019). Novedades para los arrendatarios que trae la NIIF 16. Revista Gestión y Tendencias 3(4), 10-11.
Torres, V. L., & Rivas, E. (2017). Nueva norma de arrendamiento IFRS 16 Leases y su impacto financiero y contable. Mercados y Negocios: Revista de Investigación y Análisis, 36 (julio-diciembre), 75-96.