THE INTERPRETATION OF THE RE-EXPRESSED INFORMATION

Abstract

The Mexican Institute of Public Accountants has made a commendable effort to integrate a series of registration policies and standards, with the goal of enabling the accounting community to update the financial information that has caused so much harm to decision-makers regarding historical information. However, the restatement offers a series of advantages to companies, enabling them to receive substantial benefits from the capitalization of revaluation surpluses, which in turn are generated by the updated values ​​of fixed-asset investments as a result of the high inflation rates the country has been experiencing.