Advanced Search
MyIDEAS: Login to save this article or follow this journal

Impactos de las normas internacionales de información financiera en el régimen económico de las sociedades cooperativas

Contents:

Author Info

  • Fernando Polo Garrido

    ()
    (CEGEA - Universidad Politécnica de Valencia)

Registered author(s):

    Abstract

    There is an underlying partnership agreement in cooperatives that makes use of accounting regulations to determine the results. This can indirectly lead to a modification in the organization that was originally planned. Therefore, we should start with accounting regulations when legislating on cooperatives, and more so nowadays, as we must bear in mind the current situation with regard to accounting regulations, which is characterized by international harmonization. Accounting regulations can no longer be considered a mere documentary appendix to the regulations governing corporations, which are conditioned by the latter. This paper therefore aims to identify the most important areas (as well as classifying share capital contributions as financial assets or liabilities) in the economic organization of cooperatives that can be affected by International Financial Reporting Standards (hereafter referred to as IFRS) as their criteria become part of Spain’s corporate and accounting code, beyond the obligatory cases where IFRS must be applied (consolidated accounts of listed companies). The purpose of this is to serve as a basis for future legislative reforms relating to cooperatives in order to improve their economic organization on the one hand, and on the other hand to adapt it to the aforementioned new corporate and accounting regulations resulting from their adaptation to the current European accounting regulations adopted by IFRS. In this regard, we must bear in mind the constitutional mandate to promote cooperatives by introducing suitable legislation.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.ciriec-revistaeconomia.es/banco/5804_Polo.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by CIRIEC-España in its journal CIRIEC-España, revista de economía pública, social y cooperativa.

    Volume (Year): (2007)
    Issue (Month): 58 (August)
    Pages: 83-108

    as in new window
    Handle: RePEc:cic:revcir:y:2007:i:58:p:83-108

    Contact details of provider:
    Postal: Av. dels Tarongers, s/n., Despacho 2P21, 46022 Valencia
    Phone: 96 382 84 89 / 96 356 22 48
    Fax: 96 382 84 92
    Email:
    Web page: http://www.ciriec.es/
    More information through EDIRC

    Related research

    Keywords: Cooperatives; International Financial Reporting Standards; Economic organization of cooperatives; effects of accounting standards.;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Bastida, Ramón & Carreras Roig, Lluís, 2013. "Empirical study about the effects of the application of IAS 32 in Cooperatives," Working Papers 2072/220216, Universitat Rovira i Virgili, Department of Economics.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:cic:revcir:y:2007:i:58:p:83-108. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rafael Chaves).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.