E L N E W

Nº 01 | Octubre 2022
C O N T A D O R N . 0 1
R E V I S T A

EL NEW

CONTADOR P.
La revista que no se olvida

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 Nº 01 | Octubre 2022

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Index

My bibliograpy

Dedication
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NIC 21 "The Effects of Changes in Foreign

N .

Exchange Rates".
C O N T A D O R
R E V I S T A

NIC 24 "Related party disclosures".

NIFF3 "Business combination "

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 Nº 01 | Octubre 2022

My bibliography
Myself , williams agudelo

seco, student at the 4to

semester of public

counting in the Agustiana

University the reason that

i choose this carrer

because i thougth of the

importancy of giving

employmnet and a brigth

future for the people in

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this country also because

is important to learn

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about financy economy

and how to save money

C O N T A D O R

because y firmly thing

R E V I S T A

thats is something that as

young people at the day

needs to know and learn

about

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Dedication

This magazine is dedicated

to Norman Ernesto Tapias

Toloza, who has dedicated

his time, collaboration and

support to my personal and

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professional development.

Also to all those people who

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in some way accompanied

me and helped me in the

C O N T A D O R

process of this work.

R E V I S T A

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 Nº 01 | Octubre 2022

NIC 21 "The Effects of Changes in Foreign

Exchange Rates".
Target
The objective of this standard
is to prescribe how foreign
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currency transactions and

foreign operations are
incorporated in the financial
N .

statements of an entity, as
well as how to translate the
financial statements into the
C O N T A D O R

chosen currency of
R E V I S T A

performance.
information to be

Scope disclosed
When there has been a
According to nic 21 a
change in the functional
company has two
currency of either the
possibilities to carry out
reporting entity or a
activities abroad: the first is
significant foreign operation,
to carry out transactions in
disclose this fact and the
foreign currency; and the
reason for such change
second is to have business
abroad.

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NIC 24 "Related party disclosures".

Target information to be

This Standard deals with related

disclosed
party disclosures and related Disclose the relationships
between a parent and its
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party transactions of the

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subsidiaries regardless of
reporting enterprise and related whether there have been
third parties. The provisions of transactions between them. An
this Standard should be applied
N .

entity shall disclose the name of

to the financial statements of its parent and, if different, the
each reporting enterprise. ultimate controlling party of the
C O N T A D O R

group. If neither the entity's

parent nor the ultimate
R E V I S T A

controlling party prepares

Scope consolidated financial
statements available for public
use, the name of the next
This Standard requires disclosure of highest parent that does so shall
information about related party also be disclosed.
relationships, Transactions,
outstanding balances, including
commitments, in the consolidated
and separate financial statements of
a parent or investors with joint
control of, or significant influence
over, an investee, presented in
accordance with IFRS 10
Consolidated Financial Statements
or IAS 27 Separate Financial
Statements.

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NIFF3 "Business combination "

Target
The objective of this IFRS is to
improve the relevance, reliability
and comparability of information
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financial effects of a business
combination that it has effected
either:
(a) during the current reporting
period; or

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about business combinations

(b) after the end of the reporting
and their effects that a reporting
period but before the financial
entity provides through its statements have been
N .

financial statement. authorized for issue

The acquirer shall disclose
Scope information that enables users of
C O N T A D O R

The acquisition of an asset or a its financial statements to evaluate

the financial effects of adjustments
R E V I S T A

group of assets that does not recognized in the current

constitute a business. In such cases, reporting period that relate to
the acquirer shall identify and business combinations that
recognize the individual identifiable occurred in the same or prior
assets acquired and the liabilities periods.
assumed. The cost of the group related to business combinations
shall be allocated to the individually that occurred in the same or prior
periods.
identifiable assets and liabilities on
the basis of their relative fair values
at the date of acquisition.

information to be

disclosed
The acquirer shall disclose
information that enables users of its
financial statements to evaluate the
nature and
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Interview
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Entrevistando: Diana Marcela Muñoz

Villalba
C O N T A D O R

Tecnóloga en gestión de negocios y

R E V I S T A

Auxiliar contable

¿Qué piensa usted de la nic 21?

When looking at the
exchange rates and the
regulations and decrees
conversion of financial
that have been issued, it is
statements to see the
necessary to take into
possibility of choosing a
consideration nic 21 which
currency which helps to
is the effect of variations in
have a good performance
currency and thus talk
of the company
about the effects of .

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Interview
¿Qué piensa usted de la nic 24?

The nic 24 (International companies that, directly

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Accounting Standard 24) or indirectly through

which reports and intermediaries, control,

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discloses parts of the are controlled or are

relationships in sections under control of the

C O N T A D O R

such as key management company.

R E V I S T A

personnel, associated
companies,

¿Qué piensa usted de la Niff 3?

It is outside the
for the transaction in its

application of IFRS 3
financial statements are

Business Combinations,
taken into account; how

under the control of the

exactly IFRS 3 and

common and this makes

that other ways in which
others use a method

the receiving company based on the book

accounts value.
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