DOI: 10.36347/sjebm.2021.v08i11.004

Pages: 433-436

The growing complexity of the business world, associated with economic and financial globalization, has led to an increase in economic activity between companies and countries, which has given rise to the need to adopt a set of internationally accepted accounting standards, in order to mitigate the different practices existing accounting records. This work is intended to explore the characteristics and context of class 1 Liquid Financial Resources, as well as the main impacts and audit procedures.