Resumen

The purpose of this research is to determine the effects of deferred tax on the financial statements of small wholesale and retail purchasing services companies in the city of Ibagué; this allows to analyze the effects of the application of the International Financial Reporting Standards, for small and medium-sized companies it has not been given much importance and the consequences reflected in the financial statements with the application of the International Financial Information Standard section 29 taxes deferred. This perhaps, due to the lack of information that entrepreneurs have about the deferred tax. The present investigation was carried out in the small wholesale and retail purchasing services companies of the city of Ibagué; a survey was carried out to the entrepreneurs or people in charge. In this sense, documentary and formative research is done through an exploration of bibliographies to identify the regulatory framework contained in law 1819 of December 2016, which establishes that the financial statements of companies subject to keeping accounting under international financial reporting standards - IFRS. On the other hand, we can conclude the great utility that has been generated by the implementation of the IFRS in small companies; the study showed a 71.43% account with a preparation and presentation of the financial statements according to IFRS, this allows to show its results in a reliable, clear, complete, uniform and comparable with transparency and neutrality.