IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

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

Listed author(s):
  • Fernando Polo Garrido


    (CEGEA - Universidad Politécnica de Valencia)

Registered author(s):

    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.

    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:
    Download Restriction: no

    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

    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
    Web page:

    More information through EDIRC

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

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

    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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.