RegAlertRule · SHCP · 13 Dec 2024 · DOF 5745149
Agreement Reforming the Government Accounting Manual
The National Council for Accounting Harmonization (CONAC) amends the Government Accounting Manual by updating definitions and account structures for assets, liabilities, public treasury/equity, income, and expenses, while adding a new account for changes in accounting estimates. These modifications become mandatory for public entities starting January 1, 2025. Federated entities must publish the agreement within 30 business days and report adoption actions to the Technical Secretariat within 15 business days after the publication deadline.
DOF: 13/12/2024
AGREEMENT Reforming the Government Accounting Manual
At the margin a logo, which says: National Council for Accounting Harmonization.
The National Council for Accounting Harmonization, based on articles 6, 7, 9 and 14 of the General Law of Government Accounting, approved the following:
Agreement Reforming the Government Accounting Manual
Considerations
That on December 31, 2008, the General Law of Government Accounting (LGCG) was published in the Official Gazette of the Federation, which has as its object to establish the general criteria that will govern Government Accounting and the issuance of financial information by public entities, in order to achieve their adequate harmonization, to facilitate the registration and auditing of assets, liabilities, income and expenses by public entities, and in general, to contribute to measuring the effectiveness, economy and efficiency of public spending and income.
That within this framework and in compliance with its functions, the National Council for Accounting Harmonization (CONAC) published in the Official Gazette of the Federation on November 22, 2010, the Agreement by which the Government Accounting Manual is issued.
That it is necessary to carry out reforms to the Government Accounting Manual so that the financial information is consistent with the regulations issued by CONAC and complies with the objectives of the LGCG.
For the above, the National Council for Accounting Harmonization approved the following:
Agreement Reforming the Government Accounting Manual
SINGLE ARTICLE. The Government Accounting Manual is reformed in "Chapter III Chart of Accounts", to repeal the section "CONTENT OF THE CHART OF ACCOUNTS", as well as reform the sections: "GENERAL ASPECTS" in its last paragraph; the denomination of the section "DEFINITION OF ACCOUNTS" to remain as "LIST OF ACCOUNTS AND THEIR DEFINITIONS"; the definitions in the genres are modified: 1 Asset, 2 Liability, 3 Public Treasury/Equity, 4 Income and Other Benefits and 5 Expenses and Other Losses; in the groups: 1.1 Current Asset, 1.2 Non-Current Asset, 2.1 Current Liability, 2.2 Non-Current Liability, 3.1 Contributed Public Treasury/Equity, 3.2 Generated Public Treasury/Equity; in the items: 1.2.6 Accumulated Depreciation, Impairment and Amortization of Assets, 3.2.1 Result of the Period (Savings/Excess) and 3.2.5 Rectifications of Results of Previous Periods, and in the accounts: 1.2.6.1 Accumulated Depreciation of Real Estate, 1.2.6.2 Accumulated Depreciation of Infrastructure, 1.2.6.3 Accumulated Depreciation of Movable Assets, 1.2.6.5 Accumulated Amortization of Intangible Assets, 3.2.5.1 Changes in Accounting Policies, 3.2.5.2 Changes due to Accounting Errors, 5.5.1.3 Depreciation of Real Estate, 5.5.1.4 Depreciation of Infrastructure, 5.5.1.5 Depreciation of Movable Assets and 5.5.1.7 Amortization of Intangible Assets, and account 3.2.5.3 Changes in Accounting Estimates is added. From Chapter IV Account Management Instructions, the instructions are reformed:
1.2.6.1 Accumulated Depreciation of Real Estate, 1.2.6.2 Accumulated Depreciation of Infrastructure,
1.2.6.3 Accumulated Depreciation of Movable Assets, 1.2.6.5 Accumulated Amortization of Intangible Assets,
3.2.1 Result of the Period (Savings/Excess), 3.2.2 Results of Previous Periods, 3.2.5.1 Changes in Accounting Policies, 3.2.5.2 Changes due to Accounting Errors, 5.5.1.3 Depreciation of Real Estate,
5.5.1.4 Depreciation of Infrastructure, 5.5.1.5 Depreciation of Movable Assets and 5.5.1.7 Amortization of Intangible Assets and the instruction 3.2.5.3 Changes in Accounting Estimates is added, to remain as follows:
Government Accounting Manual
...
Chapter III
Chart of Accounts
Index
- General Aspects
- Coding Basis
- Structure of the Chart of Accounts
- List of Accounts and their Definitions
- Accounting/Budgetary Relationship
General Aspects
...
On December 9, 2009, the document "Chart of Accounts" was published in the Official Gazette of the Federation, which was integrated into the Government Accounting Manual, published on November 22, 2010. In said Manual, definitions of accounts to the fourth level were added, among others.
Coding Basis
...
Structure of the Chart of Accounts
...
List of Accounts and their Definitions
1 ASSET: It is a resource currently controlled by the public entity as a result of a past event.
1.1 CURRENT ASSET: It is a resource that is expected to be realized or held for sale, consumption or negotiation, or is cash or another cash equivalent, whose use is not restricted, to be exchanged or used to cancel a liability, at least within the twelve months following the presentation date.
...
1.2 NON-CURRENT ASSET: Are all other assets that cannot be classified as current, whose realization or availability is considered in a period greater than twelve months.
...
1.2.6 Accumulated Depreciation, Impairment and Amortization of Assets: Represents the amount of depreciation, impairment and amortization of assets and intangibles of the current period and previous fiscal periods.
1.2.6.1 Accumulated Depreciation of Real Estate: Represents the amount of depreciation of real estate of the current period and previous fiscal periods.
1.2.6.2 Accumulated Depreciation of Infrastructure: Represents the amount of depreciation of infrastructure of the current period and previous fiscal periods.
1.2.6.3 Accumulated Depreciation of Movable Assets: Represents the amount of depreciation of movable assets of the current period and previous fiscal periods.
...
1.2.6.5 Accumulated Amortization of Intangible Assets: Represents the amount of amortization of intangible assets of the current period and previous fiscal periods.
...
2 LIABILITY: It is a present obligation of a public entity that gives rise to an outflow of resources arising from a past event.
2.1 CURRENT LIABILITY: It is an obligation that must be settled within the twelve-month period from the presentation date, or when the public entity does not have an unconditional right to defer the cancellation of the liability for at least twelve months following the presentation date of the financial statements, or when it is held mainly for the purpose of negotiating it.
...
2.2 NON-CURRENT LIABILITY: Are all other liabilities that cannot be classified as current, whose maturity will be after twelve months.
...
3 PUBLIC TREASURY/EQUITY: Are the net assets understood as the residual portion of the assets of the public entity, once all its liabilities are deducted; in other words, they are rights and investments that a public entity has minus its debts; therefore, the recognition and valuation that is had of the assets and liabilities will impact in the same proportion the value of the public treasury/equity.
3.1 CONTRIBUTED PUBLIC TREASURY/EQUITY: Represents the contributions, for permanent purposes, from the private, public and external sectors that increase the Public Treasury/Equity of the public entity, as well as the identifiable and quantifiable effects that affect it.
...
3.2 GENERATED PUBLIC TREASURY/EQUITY: Represents the accumulation of results from the management of previous periods, including those applied to reserves, results of the period in operation and the identifiable and quantifiable events that affect it.
3.2.1 Result of the Period (Savings/Excess): It is the difference between income and expenses presented in the Statement of Activities.
...
3.2.5 Rectifications of Results of Previous Periods: Represent the impact due to changes in Estimates, Policies or Accounting Errors.
3.2.5.1 Changes in Accounting Policies: Represents the impact when modifying from one accounting basis to another; a change in the recognition or valuation of an event within the application of the same accounting method, or when a policy of revaluation of assets is applied for the first time.
3.2.5.2 Changes due to Accounting Errors: Represents the omissions and inaccuracies in the financial statements of a public entity, in the current period or in previous periods, resulting from the non-application of policies, arithmetic errors or the inadvertence or misinterpretation of facts.
3.2.5.3 Changes in Accounting Estimates: Represent the adjustment in the book amount of an asset or a liability, or in the amount of the periodic consumption of an asset, which occurs after the evaluation of its current situation, as well as the future benefits and obligations associated.
...
4 INCOME AND OTHER BENEFITS: Are increases in the net financial position of the public entity, distinct from increases related to equity or capital contributions that modify the Public Treasury/Equity of the public entity.
...
5 EXPENSES AND OTHER LOSSES: Are decreases in the net financial position of the public entity, distinct from the Recovery of Capital or Invested Equity that affect the Public Treasury/Equity of the public entity.
...
5.5.1.3 Depreciation of Real Estate: Amount of the expense for depreciation that corresponds to apply, by concept of decrease in value derived from the use of the real estate of the public entity.
5.5.1.4 Depreciation of Infrastructure: Amount of the expense for depreciation that corresponds to apply, by concept of decrease in value derived from the use of infrastructure of the public entity.
5.5.1.5 Depreciation of Movable Assets: Amount of the expense for depreciation that corresponds to apply, by concept of decrease in value derived from the use or obsolescence of movable assets of the public entity.
...
5.5.1.7 Amortization of Intangible Assets: Amount of the expense for amortization that corresponds to apply, by concept of the decrease in the agreed value of intangible assets of the public entity.
...
Accounting/Budgetary Relationship
...
Chapter IV
Account Management Instructions
...
Index
...
NUMBER
GENRE
GROUP
ITEM
NATURE
1.2.6.1
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
2
At closing of books for the credit balance of the account.
2
...
ITS BALANCE REPRESENTS
The amount of depreciation of real estate of the current period and previous fiscal periods.
OBSERVATIONS
...
NUMBER
GENRE
GROUP
ITEM
NATURE
1.2.6.2
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
2
...
2
...
ITS BALANCE REPRESENTS
The amount of depreciation of infrastructure of the current period and previous fiscal periods.
OBSERVATIONS
...
NUMBER
GENRE
GROUP
ITEM
NATURE
1.2.6.3
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
2
...
2
...
ITS BALANCE REPRESENTS
The amount of depreciation of movable assets of the current period and previous fiscal periods.
OBSERVATIONS
...
...
NUMBER
GENRE
GROUP
ITEM
NATURE
1.2.6.5
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
2
...
2
...
ITS BALANCE REPRESENTS
The amount of amortization of intangible assets of the current period and previous fiscal periods.
OBSERVATIONS
...
...
NUMBER
GENRE
GROUP
ITEM
NATURE
3.2.1
...
...
...
...
ITEM
Result of the Period (Savings/Excess)
No.
DEBIT
No.
CREDIT
1
...
1
...
2
By the transfer of the credit balance of this account at the beginning of the period to account 3.2.2 Results of Previous Periods.
2
...
3
...
3
By the transfer of the debit balance of this account at the beginning of the period to account 3.2.2 Results of Previous Periods.
4
...
4
...
5
...
ITS BALANCE REPRESENTS
The difference between income and expenses presented in the Statement of Activities.
OBSERVATIONS
...
NUMBER
GENRE
GROUP
ITEM
NATURE
3.2.2
...
...
...
Debit/Credit
ITEM
...
No.
DEBIT
No.
CREDIT
1
...
1
...
2
By the transfer of the debit balance at the beginning of the period of account 3.2.1 Result of the Period (Savings/Excess).
2
By the transfer of the credit balance at the beginning of the period of account 3.2.1 Result of the Period (Savings/Excess).
3
...
3
...
4
...
4
...
5
...
5
...
6
...
7
...
8
...
ITS BALANCE REPRESENTS
...
OBSERVATIONS
...
...
NUMBER
GENRE
GROUP
ITEM
NATURE
3.2.5.1
...
...
...
Debit/Credit
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
At the opening of books for the debit balance of the immediate previous period.
1
At the opening of books for the credit balance of the immediate previous period.
2
By the debit amount resulting from the registration of operations derived from Changes in Accounting Policies.
2
By the credit amount resulting from the registration of operations derived from Changes in Accounting Policies.
3
At the end of the period, for the credit balance of this account.
3
At the end of the period, for the debit balance of this account.
ITS BALANCE REPRESENTS
The impact when modifying from one accounting basis to another; a change in the recognition or valuation of an event within the application of the same accounting method, or when a policy of revaluation of assets is applied for the first time.
OBSERVATIONS
...
NUMBER
GENRE
GROUP
ITEM
NATURE
3.2.5.2
...
...
...
Debit/Credit
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
At the opening of books for the debit balance of the immediate previous period.
1
At the opening of books for the credit balance of the immediate previous period.
2
By the debit amount resulting from the registration of operations for the correction of Financial Statements.
2
By the credit amount resulting from the registration of operations for the correction of Financial Statements.
3
At the end of the period for the credit balance of this account.
3
At the end of the period for the debit balance of this account.
ITS BALANCE REPRESENTS
The omissions and inaccuracies in the financial statements of a public entity in the current period or in previous periods, resulting from the non-application of policies, arithmetic errors or the inadvertence or misinterpretation of facts.
OBSERVATIONS
...
NUMBER
GENRE
GROUP
ITEM
NATURE
3.2.5.3
Public Treasury/Equity
Public Treasury/Equity
Generated
Rectifications of Results of Previous Periods
Debit/Credit
ACCOUNT
Changes in Accounting Estimates
No.
DEBIT
No.
CREDIT
1
At the opening of books for the debit balance of the immediate previous period.
1
At the opening of books for the credit balance of the immediate previous period.
2
By the debit amount resulting from the registration of operations for changes in accounting estimates for the correction of Financial Statements.
2
By the credit amount resulting from the registration of operations for changes in accounting estimates for the correction of Financial Statements.
3
At the end of the period for the credit balance of this account.
3
At the end of the period for the debit balance of this account.
ITS BALANCE REPRESENTS
The adjustment in the book amount of an asset or a liability, or in the amount of the periodic consumption of an asset, which occurs after the evaluation of its current situation, as well as the future benefits and obligations associated.
OBSERVATIONS
Auxiliary by sub-account.
...
NUMBER
GENRE
GROUP
ITEM
NATURE
5.5.1.3
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
ITS BALANCE REPRESENTS
The amount of the expense for depreciation that corresponds to apply, by concept of decrease in value derived from the use of the real estate of the public entity.
OBSERVATIONS
NUMBER
GENRE
GROUP
ITEM
NATURE
5.5.1.4
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
ITS BALANCE REPRESENTS
The amount of the expense for depreciation that corresponds to apply, by concept of decrease in value derived from the use of infrastructure of the public entity.
OBSERVATIONS
NUMBER
GENRE
GROUP
ITEM
NATURE
5.5.1.5
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
ITS BALANCE REPRESENTS
The amount of the expense for depreciation that corresponds to apply, by concept of decrease in value derived from the use or obsolescence of movable assets of the public entity.
OBSERVATIONS
...
NUMBER
GENRE
GROUP
ITEM
NATURE
5.5.1.7
...
...
...
...
ACCOUNT
...
No.
DEBIT
No.
CREDIT
1
...
1
...
ITS BALANCE REPRESENTS
The amount of the expense for amortization that corresponds to apply, by concept of the decrease in the agreed value of intangible assets of the public entity.
OBSERVATIONS
...
TRANSITORY CLAUSES
FIRST. This Agreement will enter into force the day after its publication in the Official Gazette of the Federation and its application will be mandatory starting January 1, 2025.
SECOND. The modification of item 3.2.1 Result of the Period (Savings/Excess), will be understood as also made for the Statement of Activities, Statement of Financial Position, Statement of Changes in Public Treasury and Statement of Changes in Financial Position, in which said change will be reflected subsequently, so public entities must carry out the corresponding actions in the issuance of their financial statements starting from the mandatory application of this agreement.
THIRD. The Federated Entities, in compliance with what is established in article 7, second paragraph, of the LGCG, must publish this Agreement, in their official written and electronic dissemination media, within a period of 30 business days following the publication of the present in the Official Gazette of the Federation.
FOURTH. In terms of article 15 of the LGCG, the Technical Secretary will keep a record on an Internet page of the acts that the public entities of the federated entities, municipalities and territorial demarcations of the Mexico City carry out to adopt the decisions of the Council. For these purposes, the Accounting Harmonization Councils of the Federated Entities will send to the Technical Secretariat the information related to said acts to the electronic address conac_sriotecnico@hacienda.gob.mx, within a period of 15 business days counted from the conclusion of the period established in the previous transitory clause.
In Mexico City, at twelve o'clock on the day
04 of December of the year two thousand twenty-four, based on articles 11 of the General Law of Government Accounting; 8 fraction IV and 23 fraction IX of the Internal Regulations of the Secretariat of Finance and Public Credit and rule 20 of the Operation Rules of the National Council for Accounting Harmonization, the Head of the Government Accounting Unit of the Undersecretariat of Expenditures of the Secretariat of Finance and Public Credit, in my capacity as Technical Secretary of the National Council for Accounting Harmonization, HEREBY STATE AND CERTIFY that the document consisting of 17 useful pages, initialed and collated, corresponds to the text of the Agreement Reforming the Government Accounting Manual, approved by the National Council for Accounting Harmonization, which was available to the members of said Council in its third session held, first call, on November 26 of this year, a situation that is certified for the legal effects corresponding. - The Technical Secretary of the National Council for Accounting Harmonization,
Mtro.
Gerardo Almonte López .- Initials.
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Electronic address: dof.gob.mx
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The links and the sentences they come from (2)
- Amends
- Agreement dated 2010-11-22Not in RegAlert
“CONAC published in the Official Gazette of the Federation on November 22, 2010, the Agreement by which the Government Accounting Manual is issued.”
- Issued under
- Law dated 2008-12-31Not in RegAlert
“That on December 31, 2008, the General Law of Government Accounting (LGCG) was published in the Official Gazette of the Federation”
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