IAS - IFRS within the accounting process

Abstract

The accounting process within the entities has changed over time and has been modernized, thus in Ecuador initially the process was regulated by the NEC (Ecuadorian Accounting Standards), to later be replaced by the IAS (International Accounting Standards) and IFRS (International Financial Reporting Standards). Objectives: this work aims to identify the current accounting regulations within the accounting process. Methodology: it applies the quantitative method, bibliographic design, documentary type, cross-sectional, analytical explanatory with the objectives of the study by the cause-effect method, without the intervention of the researcher. Contribution: the theory will be related to the accounting practice, trying to establish a documentary basis for the application of the accounting process in the institutions of Ecuador.