Regulatory Alerts2023-01-01 | JPRM-2023-027-GJPRM-2023-027-G — Reform Policies for Financial Statements and Chart of Accounts of the Central Bank of Ecuador
The Monetary and Financial Policy Board of Ecuador issued Resolution JPRM-2023-027-G to reform the accounting policies, financial statement presentation, and chart of accounts for the Central Bank of Ecuador. The resolution updates regulations regarding Property, Plant, and Equipment, intangible assets, and numismatic goods, while also revising the structure of the Statement of Comprehensive Income. These changes are mandated to be incorporated into the financial statements for the 2023 fiscal year.
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