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RE: APPLICABILITY OF INTERNATIONAL ACCOUNTING STANDARDS (IAS) ON THE EFFECTS OF VARIATIONS IN CURRENCY EXCHANGE RATES ON COMPANIES.
hello @dgalan,
In my personal opinion I think that the use of standards to achieve uniformity of things is a great tool, I think that in Venezuela at one point in its history international standards were eliminated with the excuse of stimulating the consumption of the population of any type of product. The reality of eliminating international standards caused a distortion of the economy, standards give us a vision of how things should be worldwide, eliminating them is a terrible idea, thanks for the information.
Greetings @ trabajosdelsiglo
I understand your point of view and I share it, in this way all the processes called productive and in this case accounting would be following these standards of universality and can be understood and verified anywhere in the world.
Thank you very much for your comments