Efecto patrimonial del proceso de convergencia contable en las Pymes colombianas

The purpose of this article is to measure the equity effect of the accounting convergence process on Colombian small and medium-sized enterprises (SME). Taking a sample of 12.058 companies, the equity effect was established based on the comparison of accounting information presented under local principles and pursuant International Financial Reporting Standards (IFRS) for SMEs. It was found that the equity value of the companies analyzed under the new accounting framework is lower. Additionally, inventories, trade accounts receivable, as well as intangibles show negative variations, while property, facility and equipment show increases. Increases in the value of equity and property, facility and equipment were found for manufacturing SMEs.