La comparabilidad de la información financiera en Colombia tras su convergencia con los ifrs. El caso de las propiedades, planta y equipo de las empresas cotizantes

Abstract

The purpose of this study is to examine the effect of International Financial Reporting Standards (ifrs) in terms of the comparability of the financial information of companies listed on the Colombian Stock Exchange before (2011 and 2013) and after (2015 and 2017) the implementation of such standards. This work follows a methodology that addresses the annual financial statements of 65 companies, regarding policies, accounting treatments and disclosures of property, plant and equipment. In addition, Herfindahl indices are established in order to calculate the degree of material harmonization of these practices. This research found that, in the short term, there has been a significant increase in the disclosure of financial information under ifrs. However, there is still a lot of potential for improvement in aspects such as the presentation of the subsequent measurement by the revaluation model, depreciation methods, and the impairment of assets.