Accounting policies as a tool to strengthening the financial information of companies in the health sector in Colombia

Abstract

This research focuses on analyzing accounting policies as a tool for strengthening the financial information of companies in the health sector in Colombia, using as a case study the companies in the city of Quibdó - Chocó, which have undergone a significant transformation since their beginnings as health service providers; The research was approached from a quantitative paradigm, with a descriptive type of study under a non-experimental design. The study made it possible to diagnose the financial situation of these companies, identify the accounting regulations they apply, evaluate the application of accounting regulations and determine compliance with accounting regulations for the establishment of the accounting policies manual. In conclusion, the study highlights how these companies in the city of Quibdo, have external and internal public accounting professionals for the preparation of their financial information, these companies evidence the existence of written policies for the preparation and presentation of financial statements, they know the accounting regulations categorized in Colombia for the preparation and presentation of financial information.