THE QUALITATIVE CHARACTERISTICS OF STATES FINANCIAL IN THE STANDARDS OF FINANCIAL INFORMATION

Abstract

The Financial Reporting Standards (NIF), once the investigation, auditing and approval process of the Mexican Council for the Research and Development of Financial Reporting Standards (CINIF) has been completed, must be applicable in all accounting processes to generate the financial statements. basic, and the information contained therein must meet the qualitative characteristics of reliability, relevance, understandability and comparability; sine qua non condition that grants quality and usefulness to financial information so that it can be used by general users in decision making. The objective of this work is to disseminate the qualitative characteristics of the financial statements and the recent changes in the Mexican accounting regulations approved by the CINIF.