International accounting generates great controversy in today's world; Inventory of books on international accounting is a very important topic since in daily life (library, education, etc.) there are few books that make reference to it, that is why in this work 3 very important authors are named who have talked about it and we will study what is your point of view regarding international accounting standards and the importance of both harmonizing and standardizing in our country.
Today, not only at a general level but also at a particular level, the education we have on international accounting standards is very poor, in some universities there has been very little teaching; An example of this problem are accountants who are only dedicated to bookkeeping and do not care to improve their knowledge in order to provide criteria regarding the adoption or harmonization of international accounting standards.
It is important that accountants are educated about a teaching system based on international standards, when speaking of a globalized economy.
We are aware of the importance of joining the academic world with the business world and that is why in the development of the subject some authors are exposed who have had great knowledge on the subject of international accounting such as Jorge Tua Pereda, Samuel Alberto Mantilla, and The Technical Council of Public Accounting, which has made their contributions and started a new generation in accounting research, but with respect to everything that has been mentioned above, it is of the utmost importance to mention that in our university There are texts that deal with international accounting, but the truth is not enough for everything that is coming in terms of comparing international standards with Colombian accounting regulations.In addition, both students and teachers must be prepared for the great change that is coming and that is why there must be preparation in matters not only legal but also in socio-economic matters that allow addressing this issue in great depth in the harmonization or adoption of international accounting standards.
Adopting is not adapting
Mantilla Samuel Alberto
The process of developing the accounting profession in our country requires great efforts, but these efforts must be joint, it cannot be done separately and at the convenience of each one, if what is required is the common good and a high quality profession That it is able to respond to the demands of the globalized world, as quoted by Professor Samuel Alberto Mantilla, requires a structural change, in depth, of the bases of the profession, not simply a new government regulation, which ultimately, it does not take into account international trends and that it only manages to lock us in our world; Such problems have occurred in our society with other fields, as the aforementioned professor cites: “Yes, with accounting and auditing, it is not necessary to make the same mistakes as with the tax audit,This implies first of all building the necessary infrastructure for such purposes ”-1 in this point the professor is clear; The necessary work is basic, structural, therefore, conscientious and professional work is required to achieve an adequate local infrastructure, to face the international challenges that are coming. This implies, according to the article written in 2001, that it cannot be adapted, what must be done is to adapt the environment for the adoption of international accounting, auditing, and professional accounting standards.to face the international challenges ahead. This implies, according to the article written in 2001, that it cannot be adapted, what must be done is to adapt the environment for the adoption of international accounting, auditing, and professional accounting standards.to face the international challenges ahead. This implies, according to the article written in 2001, that it cannot be adapted, what must be done is to adapt the environment for the adoption of international accounting, auditing, and professional accounting standards.
"It is not about adapting the standards according to our needs, (which is the national proclamation), but about adapting local conditions to be able to adopt the standards and participate" -2. According to this approach of not adopting, we could not participate in a globalized world.
The fundamental problem of our society is the normative tradition that we have, because what we want to be is to regulate all fields without the minimum prior study, and, if the field to be regulated is not known, the norms already existing in another society are copied Without evaluating the impact of social differences, this regulation of ours goes against current international trends, which seek quality, which is achieved through development, techniques, for which studies are needed and not standards without scientific basis., this applied to our society as reflected by the author.
"An integrated work is required, facing the country, where everyone has to give in (starting with the government) the delay in doing this will simply have a consequence and is the economic isolation of the country, and do not
forget the deadline is January 2005 "-3.
It is reasonable that the conception that the author had, especially if we take into account that the article dates from 2001, but we should not be so dramatic, we are in 2006 and we are not isolated yet, moreover, there is a free trade agreement that is almost a fact and it has not yet been defined whether to adopt or harmonize; If joint work is required, and of structure, but well studied, with all parties involved in the development of the profession, slowly but surely, which means working on development but with firm steps.
Analysis of the adoption in Colombia of accounting, auditing and accounting standards
Technical Council of Accounting
Colombian accounting regulation is "asymmetric" is expressed by the technical council of accounting which has been in charge of making an analysis on the adoption in Colombia of international accounting standards and that is why it has prepared a draft law that seeks that accounting is more complete, in relation to international accounting standards so that it can meet the needs of users of accounting and economic information.
“Colombia is a country that has lacked assiduous systematic and orderly updating of its international accounting standards” -4; This is what is expressed by the technical council of public accounting, this refers to the fact that empirical studies are insufficient to detect the negative effects it may have on companies and often in the same state.
The draft drafted what it proposes is an adoption of accounting and auditing practices that are accepted internationally to strengthen the information and control system, that is why the figure of the accountant is introduced as an accredited professional who is kept up to date and performs their work with quality and professionalism.
Currently, an adoption is being sought that allows the country to facilitate the participation of entities and itself in international processes, where underdeveloped countries like this one are in the same condition to compete and in turn, with the implementation of international standards, a better quality and reliability in accounting information that always seeks to protect the interests of third parties
Towards the triumph of international accounting standards
Jorge Túa Pereda
What is intended is a harmonization program that helps in the search for common standards which favor globalization but at the same time have a margin of peculiarities in each of the areas of concurrent countries, this is practically what the author who alludes that it is convenient to elaborate and share a theory of accounting, carefully investigating the effects that exist between the environment and with accounting systems, as well as to debate, discuss, encourage and strengthen the criteria for adoption and rejection of specific points in international standards.
It is important to state that the community harmonization process could be described as a flexible harmonization, which is justified by stating that the union does not pursue the complete harmonization of accounting standards, but on the contrary, it is necessary to achieve comparability and equivalence of financial information-5.
The important thing is not to harmonize or adopt what is most sought is to provide the public with a high degree of reliability with respect to financial information and protect the interests of third parties, a matter for which accountants must be prepared and steeped in the subject, so as not to having errors when practicing the accounting profession.
It is clear that levels of corruption are increasing daily, on which measures are being taken to help the efficiency and effectiveness (effectiveness) of the accounting.
According to the author, the search for accounting harmonization responds to a need in the economic world to share a language that facilitates the communication of international markets, which are well done through human thought.
Conclusions
- Inventory of international accounting books is of great importance, since in the development of this article it was taken for granted that accounting information is lacking with respect to international accounting since there are very few texts that expose on this subject. Today it is a challenge for accountants to prepare more for their profession, since the global market is demanding qualified professionals who meet the necessary characteristics to compete, since competition is winning and to win you have to strive and innovate. It is clear that if you want to be professionals global markets and aspire to participate in international markets, you have to speak and understand the language used there, just as it is essential to carry out a due process of research, studyand accounting analysis to achieve an adequate implementation of international standards.
Bibliography
Mantilla Blanco, Samuel Alberto. April-June 2001. Adoption of International Accounting Standards. Revista del Contador Nº 6 (Pages 11-128)
Technical Council Of Accounting. July-September 2004 Analysis of the Adoption in Colombia of Accounting and Auditing Standards. Legis del Contador Magazine (Pages 53-139)
Túa Pereda, Jorge. Towards the Triumph of International Accounting Standards. Journal of the Accountant. (P. 113)
Vasquez Tristancho, Gabriel. Prospective of International Accounting. Revista legis del Contador N ° 5 (January-March)
1. Mantilla, Samuel Alberto. Revista Legis del Contador Nº 6 2001 - Page 106.
2. Mantilla, Samuel Alberto. Legis del Contador Magazine Nº 6 2001 - Page 108.
3. Mantilla, Samuel Alberto. Revista Legis del Contador Nº 6 2001 - Page 110.
4. Technical Council of Accounting. Revista legis del Contador, 2004. Page 53
5. Túa Pereda, Jorge
