APLICACIÓN DE LA NIC 19 Y SU AFECTACIÓN EN LA REVELACIÓN RAZONABLE DE LOS ESTADOS FINANCIEROS EN LA COOPERATIVA DE TRANSPORTE DE MANABÍ “CTM” DE LA CIUDAD DE PORTOVIEJO POR EL PERÍODO 2016 – 2017

Abstract

The present titling work: Application of IAS 19 and its effect on the Reasonable Disclosure of Financial Statements in the Manabí Transportation Cooperative “CTM” of the city of Portoviejo for the period 2016 - 2017, was to determine how the influence application of IAS 19 in the financial statements of the cooperative; For this we have analyzed the financial statements, which allowed us to determine which are the most affected accounts. The Manabí “CTM” transport cooperative has as an activity to provide executive transport service with the INTRAPROVINCIAL modality, being a legally constituted company its obligation is to apply the NIC, being a topic of great importance in our country due to its requirement in the compliance with the payment of benefits to both public and private servers. Information corresponding to the years 2016-2017 has been collected, in which the company developed its operations in a normal way, these were analyzed and interpreted, which allowed obtaining real results on its financial results. This information allowed determining the impact of the application of IAS 19 on the reasonable disclosure of the Financial Statements. Finally, it was determined that the application of this standard in the company shows the proper way to recognize the expenses of the company's personnel. For this, it is advisable the constant training on accounting issues and application of IAS in the areas involved in the Financial Statements and Management for the correct decision making