La norma internacional de contabilidad 21 como base para la conversión de estados financieros por el método de conversión corriente.

Abstract

Currently the expansion of international business has an accelerated growth, the benefits of technological development allow the approach of the worlds and business are not the difference, a situation that makes it necessary to have homogeneous guidelines for financial information - accounting , in response to this need, the International Financial Reporting Standards were created, which establish global standards regarding the preparation of financial information for each company, ensuring that it is of high quality and provides reliability to its users. Some companies maintain businesses outside their country of origin as a result of having gained opportunities in other markets, these entities need to consolidate their financial information, so they must convert the financial statements in foreign currency to presentation currency, being essential to know the International Standard of Accounting 21, considering that it establishes the guidelines for the application of the most feasible method to be used in the conversion. Because of the importance of knowing the guidelines of this regulation, the purpose of this research is to characterize the conversion of financial statements in foreign currency, through the correct application of IAS 21 in order to provide a practical guide to facilitate the performance of accounting professionals. Qualitative methodology was applied, which with a practical example will describe the steps to follow for a correct conversion of financial statements in foreign currency by the current conversion method supported by the provisions of IAS 21 and the compilation of scientific articles.