Descripción

The current approach of the Colombian accounting standard is applicable in the San Pedro Hospital Foun-dation, which in order to comply with the International Financial Reporting Standards (IFRS) performs ac-counting procedures. In this case, the account ‘Receivable’ with cut-off on December 31, 2015 is analyzed, to which the impairment calculation is applied, which gives rise to a restatement of the figures of the debtors to whom adjustments are finally made. The procedures are applied by means of a quantitative methodology because it emphasizes the operational and objective measurement concepts, and it is descriptive because the study variable is financial instru-ments, such as the General Balance Sheet for 2015, for which the data obtained is described, analyzed and interpreted in a precise and clear manner. It is concluded that the adjustments affect the equity, financial indicators and that it maintains a high loan loss portfolio. The current approach of the Colombian accounting standard is applicable in the San Pedro Hospital Foun-dation, which in order to comply with the International Financial Reporting Standards (IFRS) performs ac-counting procedures. In this case, the account ‘Receivable’ with cut-off on December 31, 2015 is analyzed, to which the impairment calculation is applied, which gives rise to a restatement of the figures of the debtors to whom adjustments are finally made. The procedures are applied by means of a quantitative methodology because it emphasizes the operational and objective measurement concepts, and it is descriptive because the study variable is financial instru-ments, such as the General Balance Sheet for 2015, for which the data obtained is described, analyzed and interpreted in a precise and clear manner. It is concluded that the adjustments affect the equity, financial indicators and that it maintains a high loan loss portfolio.