Practical application of Mexican Financial Reporting Standard C 1 -Cash.

The caption cash, is considered the most important of all economic entity. It is what gives liquidity to the printed, buy, sell, invest, spend, everything is reflected in terms of money. To comply fully with effective control is required follow to the letter the accounting standards for the case mar...

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Bibliographic Details
Main Authors: Ortiz Noriega, Ana Elsa, Félix Enríquez, Sergio
Format: Online
Language:spa
Published: Universidad de Sonora 2016
Online Access:https://trascender.unison.mx/index.php/trascender/article/view/54
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Summary:The caption cash, is considered the most important of all economic entity. It is what gives liquidity to the printed, buy, sell, invest, spend, everything is reflected in terms of money. To comply fully with effective control is required follow to the letter the accounting standards for the case marks the Mexican Board of Financial Reporting Standards (CINIF). Cash is regulated by the Financial Reporting Standard C1 (NIF C1) so the present work aims to give a clear picture on the practical application of MFRS C1