Analysis of the implementation of the international standards of Accounting for the public sector: focused on the fixed assets of use of a pilot entity

Abstract

In recent decades, significant reforms have taken place in the public sector in different countries, being the main innovation the recent convergence of government accounting towards International Accounting Standards for the Public Sector. These standards reflect the essence of business operations, presenting a true picture of the financial situation of an entity in a standard way. This research was carried out with a qualitative methodology, with a comprehensive scope with respect to cases, in order to know the accounting based on Accounting Standards for the Public Sector of the living beings corresponding to the animals of the zoo that are on display. Adding the effect that the identification of the fixed assets of the entity had, knowing the weaknesses, strengths, tasks and procedures that were presented in this process. In order to comply with the stated objectives, they will conduct interviews to the area of Public Service Accounting, experts in the field with studies in IPSAS, and in Biology. Finally, concluding that the organism under study has carried out the stages of the plan of convergence through staff training and consultations with the Office of the Comptroller General of the Republic.