{"id":726,"date":"2017-07-28T16:10:28","date_gmt":"2017-07-28T16:10:28","guid":{"rendered":"https:\/\/avaluosavim.com.mx\/?p=726"},"modified":"2025-04-25T19:33:26","modified_gmt":"2025-04-26T00:33:26","slug":"valuacion-industrial-por-c-6-y-c-15","status":"publish","type":"post","link":"https:\/\/php81.anepsa.com.mx\/en\/industrial-valuation-by-c6-and-c15\/","title":{"rendered":"Valuation of Industrial Plant by NIF C-6 and NIF C-15 | Financial Reporting Standards"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"726\" class=\"elementor elementor-726\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2eb88a01 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2eb88a01\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-f604ffc\" data-id=\"f604ffc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eb38ef9 elementor-widget elementor-widget-spacer\" data-id=\"eb38ef9\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b423ef elementor-widget elementor-widget-heading\" data-id=\"2b423ef\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Valuation of Industrial Plant by NIF C-6 and NIF C-15 | Financial Reporting Standards<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-371ab8a0 elementor-widget elementor-widget-spacer\" data-id=\"371ab8a0\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a3054a elementor-widget elementor-widget-image\" data-id=\"5a3054a\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2021\/04\/valuacion-industrial-por-c6-y-c15-1024x768-1.webp\" title=\"\" alt=\"\" loading=\"lazy\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-606b3fb7 elementor-widget elementor-widget-spacer\" data-id=\"606b3fb7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-324ba8e9 elementor-widget elementor-widget-table-of-contents\" data-id=\"324ba8e9\" data-element_type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;bullets&quot;,&quot;icon&quot;:{&quot;value&quot;:&quot;&quot;,&quot;library&quot;:&quot;&quot;},&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tContent\t\t\t<\/h4>\n\t\t\t\t\t<\/div>\n\t\t<div id=\"elementor-toc__324ba8e9\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<svg class=\"elementor-toc__spinner eicon-animation-spin e-font-icon-svg e-eicon-loading\" aria-hidden=\"true\" viewbox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M500 975V858C696 858 858 696 858 500S696 142 500 142 142 304 142 500H25C25 237 238 25 500 25S975 237 975 500 763 975 500 975Z\"><\/path><\/svg>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-39e96cb2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"39e96cb2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b5e61a2\" data-id=\"b5e61a2\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b9082ef elementor-widget elementor-widget-spacer\" data-id=\"6b9082ef\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7df25c88 elementor-widget elementor-widget-text-editor\" data-id=\"7df25c88\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Accurate valuation of fixed assets is crucial for the correct financial representation of companies, particularly in the industrial context, where these assets often represent a significant portion of the financial statements. Financial Reporting Standards (FRS) C-6 and C-15 regulate the accounting treatment of fixed assets, ensuring that they are recorded, measured and presented in accordance with accounting principles that provide a true view of the company&#039;s financial situation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">These standards are of great relevance for both internal accounting and external audits, directly influencing strategic decision-making, investment evaluation and tax planning for companies. This article examines in depth NIF C-6 and C-15, detailing their application in the valuation of property, plant and equipment (PPE), and the accounting and tax implications of their correct implementation.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-04356a7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"04356a7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-03c66df\" data-id=\"03c66df\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-20ebb64 elementor-widget elementor-widget-spacer\" data-id=\"20ebb64\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c771a7 elementor-widget elementor-widget-heading\" data-id=\"1c771a7\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1. NIF C-6: Valuation of Property, Plant and Equipment<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ae60ad2 elementor-widget elementor-widget-text-editor\" data-id=\"ae60ad2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">NIF C-6 refers to the accounting principles applicable to the valuation, presentation and disclosure of tangible assets used in the production or supply of goods and services, or for leasing to third parties, and which are expected to be used for more than one year.<\/span><\/p><h3><b>1.1 Main Aspects of NIF C-6:<\/b><\/h3><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Initial Cost of Fixed Assets:<\/b><span style=\"font-weight: 400;\"> The standard states that the initial cost of fixed assets includes not only the acquisition price, but also the directly attributable costs necessary to put the asset in a condition for use. These may include:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Transportation, installation and assembly costs.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Costs of pre-startup testing of equipment.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Direct taxes associated with the acquisition of the asset (such as non-recoverable VAT).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Start-up costs, if material.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Depreciation:<\/b><span style=\"font-weight: 400;\"> IFRS C-6 regulates the depreciation of fixed assets, which is the accounting process that distributes the cost of an asset over its estimated useful life. The standard offers several options on how to calculate depreciation:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><b>Linear Method:<\/b><span style=\"font-weight: 400;\"> The same amount of depreciation is applied each year over the useful life of the asset.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><b>Units of Production Method:<\/b><span style=\"font-weight: 400;\"> Depreciation based on actual use of the asset (relevant for machinery and production equipment).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><b>Declining Balance Method:<\/b><span style=\"font-weight: 400;\"> Depreciation is greater in the first years of the asset&#039;s life.<\/span><\/li><\/ul><\/li><\/ol><p><span style=\"font-weight: 400;\">Depreciation must be calculated according to the expected useful life, which must be reviewed at least at the end of each fiscal year.<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Impairment of Fixed Assets:<\/b><span style=\"font-weight: 400;\"> The standard also establishes that fixed assets must be subjected to impairment tests if there are indications that their recoverable value is less than their book value. In this case, the company must recognize an impairment loss that will be reflected in the financial statements.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Asset Write-offs:<\/b><span style=\"font-weight: 400;\"> Asset write-offs occur when assets are sold, retired from use or are no longer expected to generate future economic benefits. NIF C-6 details how these write-offs should be recorded and how the gains or losses arising from them should be treated.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b style=\"font-style: inherit;\">Revaluation of Assets:<\/b><span style=\"font-weight: 400;\"> IFRS C-6 also allows fixed assets to be revalued, provided that consistent and up-to-date revaluation methods are used. In this case, the revalued value replaces the original cost in the financial statements, and the difference is reflected in equity as \u201caccumulated revaluation.\u201d<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32a1bc4 elementor-widget elementor-widget-image\" data-id=\"32a1bc4\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"503\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Principales-Aspectos-de-la-NIF-C-6-1024x503.png\" class=\"attachment-large size-large wp-image-13357\" alt=\"Main Aspects of NIF C-6\" srcset=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Principales-Aspectos-de-la-NIF-C-6-1024x503.png 1024w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Principales-Aspectos-de-la-NIF-C-6-300x147.png 300w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Principales-Aspectos-de-la-NIF-C-6-768x377.png 768w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Principales-Aspectos-de-la-NIF-C-6-18x9.png 18w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Principales-Aspectos-de-la-NIF-C-6.png 1228w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-18c491c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"18c491c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bf18289\" data-id=\"bf18289\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-77424fc elementor-widget elementor-widget-spacer\" data-id=\"77424fc\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-41fcdc4 elementor-widget elementor-widget-heading\" data-id=\"41fcdc4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2. NIF C-15: Long-Lived Assets<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c2ae6fe elementor-widget elementor-widget-text-editor\" data-id=\"c2ae6fe\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">IFRS C-15 regulates long-lived assets, which include both tangible and intangible assets that are essential for the long-term operation of a company. These assets are characterized by providing future economic benefits over an extended period.<\/span><\/p><h3><b>2.1 Applications and Relevance of NIF C-15:<\/b><\/h3><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Definition of Long-Lived Assets:<\/b><span style=\"font-weight: 400;\"> Long-lived assets include:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><b>Tangible assets:<\/b><span style=\"font-weight: 400;\"> Such as land, buildings, machinery, transportation equipment and tools.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><b>Intangible assets:<\/b><span style=\"font-weight: 400;\"> Such as patents, copyrights and software, if their useful life is long.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Capital Leases:<\/b><span style=\"font-weight: 400;\"> Long-lived assets leased under finance leases must be capitalized by the lessee, i.e. they are recorded as assets on the balance sheet, with a corresponding lease payment obligation. This accounting treatment reflects the economic substance of the lease rather than its legal form.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reversals and Impairment Losses:<\/b><span style=\"font-weight: 400;\"> As in IFRS C-6, long-lived assets must be assessed for any impairment losses. However, unlike tangible assets that can be revalued, IFRS C-15 states that the reversal of impairment losses can be recognized if there is evidence that the situation has improved.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b style=\"font-style: inherit;\">Intangible Assets and their valuation:<\/b><span style=\"font-weight: 400;\"> Long-lived intangible assets should be valued at the costs incurred for their acquisition or development, and should be amortized over their estimated useful life, unless they have an indefinite useful life.<\/span><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3b14ebf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3b14ebf\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ebfe809\" data-id=\"ebfe809\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e6d4f1 elementor-widget elementor-widget-spacer\" data-id=\"5e6d4f1\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd27ead elementor-widget elementor-widget-heading\" data-id=\"dd27ead\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3. Types of Assets in Industrial Plant Valuation<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14c1bd2 elementor-widget elementor-widget-text-editor\" data-id=\"14c1bd2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The valuation of assets in an industrial plant must consider the different types of assets that make up the production facilities. These assets are grouped into:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Assets that apply:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Land and Buildings:<\/b><span style=\"font-weight: 400;\"> These assets do not depreciate, but buildings do, according to their useful life.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Machinery and Production Equipment:<\/b><span style=\"font-weight: 400;\"> They depend on their use and useful life.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Transport Equipment:<\/b><span style=\"font-weight: 400;\"> If they are used long-term for the distribution of products or services.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Tools and Molds:<\/b><span style=\"font-weight: 400;\"> Generally, these assets are depreciated based on use and useful life.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Assets that do not apply:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b>Biological assets related to agricultural activities<\/b><span style=\"font-weight: 400;\"> (e.g. live cultures).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><b style=\"font-style: inherit;\">Inventories, accounts receivable and deferred tax assets<\/b><span style=\"font-weight: 400;\"> They are not considered under this standard since they are managed according to other regulations.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b13cb4b elementor-widget elementor-widget-image\" data-id=\"b13cb4b\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"978\" height=\"617\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Aplicaciones-y-Relevancia-de-la-NIF-C-15.png\" class=\"attachment-large size-large wp-image-13358\" alt=\"Applications and Relevance of NIF C-15\" srcset=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Aplicaciones-y-Relevancia-de-la-NIF-C-15.png 978w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Aplicaciones-y-Relevancia-de-la-NIF-C-15-300x189.png 300w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Aplicaciones-y-Relevancia-de-la-NIF-C-15-768x485.png 768w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Aplicaciones-y-Relevancia-de-la-NIF-C-15-18x12.png 18w\" sizes=\"(max-width: 978px) 100vw, 978px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cb28872 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cb28872\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-741e785\" data-id=\"741e785\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-de64b0c elementor-widget elementor-widget-spacer\" data-id=\"de64b0c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bf153e2 elementor-widget elementor-widget-heading\" data-id=\"bf153e2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4. Valuation Principles<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-936975e elementor-widget elementor-widget-text-editor\" data-id=\"936975e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><b>4.1 Determination of Use Value<\/b><\/h3><p><span style=\"font-weight: 400;\">To determine the value in use of assets, the following steps must be followed:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Identify the applicable valuation methodology:<\/b><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><b>Expected present value<\/b><span style=\"font-weight: 400;\">: Consider multiple future cash flow scenarios.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><b>Estimated present value<\/b><span style=\"font-weight: 400;\">: Uses a single scenario of future cash flows.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Determine the projection horizon<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Specify the remaining useful life of the asset or cash-generating unit.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Define macroeconomic and operational assumptions and premises<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Consider economic and operational aspects that may affect the valuation.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Determine the realizable value of assets<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Estimate the value of assets at the end of their remaining useful life.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Obtain cash flow projections<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Estimate future cash flows from the use of assets during their remaining useful life.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Determine the appropriate discount rate<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Discounting projected cash flows to their present value.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Obtaining the present value of cash flows (DCF)<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Use discounted cash flow methodology to calculate present value.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Evaluate the reasonableness of the results<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Analyze whether the results obtained are reasonable and adequately reflect the risks and assumptions.<\/span><\/li><\/ul><\/li><\/ol><h3><b>4.2 Flow Projections<\/b><\/h3><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>First Rule: \u201cGoing Concern\u201d Criterion<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Use reasonable assumptions based on recent data and unavoidable commitments.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The projection horizon should be based on the remaining useful life of the assets.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Include the final realizable value of assets at the end of their useful life.<\/span><\/li><\/ul><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Second Rule: Criteria for Projections<\/b><span style=\"font-weight: 400;\">:<\/span><ul><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Projections must be expressed in current values (without inflation).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Growth should only be considered for the first 5 years, with no projected growth from the sixth year onwards (according to Bulletin C-15).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Depreciation and amortization should not be included in the projected cash flows.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Income and expenses derived from financing should not be included.<\/span><\/li><\/ul><\/li><\/ol><h3><b>4.3 Future Cash Flows<\/b><\/h3><p><span style=\"font-weight: 400;\">Future cash flows are determined as follows:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Expected income<\/b><span style=\"font-weight: 400;\"> over the remaining useful life of the assets.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Operating costs and expenses<\/b><span style=\"font-weight: 400;\"> not including depreciation or amortization.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cash flows to be paid or received<\/b><span style=\"font-weight: 400;\"> for the realization of net assets.<\/span><\/li><\/ol><h6><b>Formula:<\/b><\/h6>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9eadac0 elementor-widget elementor-widget-image\" data-id=\"9eadac0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"50\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Flujos-de-Efectivo-Futuros-768x50.png\" class=\"attachment-medium_large size-medium_large wp-image-13359\" alt=\"Future Cash Flows\" srcset=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Flujos-de-Efectivo-Futuros-768x50.png 768w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Flujos-de-Efectivo-Futuros-300x20.png 300w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Flujos-de-Efectivo-Futuros-1024x67.png 1024w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Flujos-de-Efectivo-Futuros-18x1.png 18w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Flujos-de-Efectivo-Futuros.png 1449w\" sizes=\"(max-width: 768px) 100vw, 768px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db38b0a elementor-widget elementor-widget-spacer\" data-id=\"db38b0a\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-730fdf9 elementor-widget elementor-widget-text-editor\" data-id=\"730fdf9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><b>4.4 Present Value Techniques<\/b><\/h3><h5><b>Expected Present Value:<\/b><\/h5><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Probability-weighted future cash flows are calculated based on various scenarios (optimistic, moderate, pessimistic).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The discount rate used is a risk-free rate, since risks are included in the scenarios.<\/span><\/li><\/ul><div><p><b>Note<\/b><span style=\"font-weight: 400;\">:It is important to note that determining scenarios and probabilities involves a high degree of subjectivity.<\/span><\/p><h5><b>Estimated Present Value:<\/b><\/h5><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Estimates future cash flows under a single scenario.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The discount rate will reflect the risks associated with the cash-generating unit.<\/span><\/li><\/ul><h3><b>4.5 Projection Horizon<\/b><\/h3><p><span style=\"font-weight: 400;\">The projection horizon should be based on the remaining useful life of the dominant asset of the cash-generating unit. If there is no dominant asset, the weighted useful life of the assets of the generating unit is taken.<\/span><\/p><h3><b>4.6 Realization Value of Assets<\/b><\/h3><p><span style=\"font-weight: 400;\">The realizable value should be included in the estimation of future cash flows. Although the bulletin does not specify exact criteria or methodologies for its calculation, it is suggested to use the following: <\/span><b>book value<\/b><span style=\"font-weight: 400;\"> in real terms.<\/span><\/p><h3><b>4.7 Discount Rate<\/b><\/h3><p><span style=\"font-weight: 400;\">The appropriate discount rate is one that reflects the time value of money, taking into account prevailing market conditions and the risks associated with the cash-generating unit. This rate can be estimated using different approaches:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Weighted Average Cost of Capital (WACC)<\/b><span style=\"font-weight: 400;\">: The WACC of the cash-generating unit may differ from the WACC of the company.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Implicit Rate in Market Transactions<\/b><span style=\"font-weight: 400;\">: If there is verifiable data of transactions with similar assets.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Company Financing Rate<\/b><span style=\"font-weight: 400;\">: The rate at which the company can finance itself.<\/span><\/li><\/ol><h5><b>WACC formula:<\/b><\/h5><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-561dd00 elementor-widget elementor-widget-image\" data-id=\"561dd00\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"634\" height=\"171\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Tasa-de-Financiamiento-de-la-Empresa.png\" class=\"attachment-medium_large size-medium_large wp-image-13362\" alt=\"Company Financing Rate\" srcset=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Tasa-de-Financiamiento-de-la-Empresa.png 634w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Tasa-de-Financiamiento-de-la-Empresa-300x81.png 300w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Tasa-de-Financiamiento-de-la-Empresa-18x5.png 18w\" sizes=\"(max-width: 634px) 100vw, 634px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-392a556 elementor-widget elementor-widget-spacer\" data-id=\"392a556\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b23e21 elementor-widget elementor-widget-text-editor\" data-id=\"7b23e21\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4><b>Discount Rate Estimation Methods<\/b><\/h4><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Risk-free rate (RL)<\/b><span style=\"font-weight: 400;\">: Usually taken from the return on US Treasury bonds (historical average).<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Market risk premium (Rm \u2013 RL)<\/b><span style=\"font-weight: 400;\">: The difference between the market return and the risk-free rate.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Company-specific risk<\/b><span style=\"font-weight: 400;\">: This risk depends on the company&#039;s capital structure and is reflected in the <\/span><b>beta (B)<\/b><span style=\"font-weight: 400;\">.<\/span><\/li><\/ol><h3><b>4.8 Discounted Cash Flow (DCF) Method<\/b><\/h3><p><span style=\"font-weight: 400;\">The formula for performing a valuation using the discounted cash flow methodology is as follows:<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aad49b8 elementor-widget elementor-widget-image\" data-id=\"aad49b8\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"244\" src=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Metodo-de-Flujo-de-Efectivo-Descontado-768x244.png\" class=\"attachment-medium_large size-medium_large wp-image-13363\" alt=\"Discounted Cash Flow Method\" srcset=\"https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Metodo-de-Flujo-de-Efectivo-Descontado-768x244.png 768w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Metodo-de-Flujo-de-Efectivo-Descontado-300x95.png 300w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Metodo-de-Flujo-de-Efectivo-Descontado-18x6.png 18w, https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2017\/07\/Metodo-de-Flujo-de-Efectivo-Descontado.png 775w\" sizes=\"(max-width: 768px) 100vw, 768px\" title=\"\">\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2cea836 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2cea836\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ed5dd99\" data-id=\"ed5dd99\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d4a35b elementor-widget elementor-widget-spacer\" data-id=\"1d4a35b\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ced1727 elementor-widget elementor-widget-heading\" data-id=\"ced1727\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5. Valuation of Long-Lived Assets in Use<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5ca6a71 elementor-widget elementor-widget-text-editor\" data-id=\"5ca6a71\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Long-lived assets in use, such as land, buildings, machinery and industrial equipment, are essential to the ongoing operations of businesses. However, these assets can deteriorate over time, requiring accurate valuation to reflect their true value in the financial statements. In this regard, it is crucial to conduct a detailed analysis of asset impairment and determine whether losses should be recognized or adjustments made.<\/span><\/p>\n<h3><b>5.1 Procedure for the Valuation of Long-Lived Assets in Use<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The valuation of long-lived assets in use should be based on an approach that assesses whether these assets have experienced permanent impairment. If there is a possibility that an asset is impaired, the following steps should be taken:<\/span><\/p>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Determination of Impairment Loss:<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">If there are signs of permanent impairment, the recoverable value of the asset must be calculated.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">He <\/span><b>recovery value<\/b><span style=\"font-weight: 400;\"> is the largest among the <\/span><b>use value<\/b><span style=\"font-weight: 400;\"> and the <\/span><b>net sales price<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cash Generating Unit (CGU):<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The CGU is the smallest identifiable grouping of assets that generates independent cash flows. It is essential for determining the recovery value of an asset.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">In this sense, a detailed inventory of the assets associated with the UGE must be made to calculate its value.<\/span><\/li><\/ul><\/li><\/ol>\n<h3><b>5.2 Recovery Value of the Asset<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">He <\/span><b>recovery value<\/b><span style=\"font-weight: 400;\"> (VR) of an asset is determined by taking the highest value between two key components:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Value in Use (VU):<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">It refers to the present value of the future cash flows expected to be generated by the CGU, using an appropriate discount rate.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Value in use is calculated based on projected cash flows, adjusted for the time value of money.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Net Sales Price (NSP):<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">It is the reasonable and verifiable price that would be obtained by selling the asset in an observable market, less the costs associated with its disposal (for example, sales commissions, transfer costs).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\">He <b style=\"font-style: inherit;\">recovery value<\/b><span style=\"font-weight: 400;\"> The highest of these two options will be taken (use value or net sales price).<\/span><\/li><\/ul><\/li><\/ul>\n<h3><b>5.3 Impairment Assessment and Loss Determination<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Once the asset&#039;s salvage value has been determined, it will be compared to its <\/span><b>net book value<\/b><span style=\"font-weight: 400;\"> (VNL):<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>If the Recovery Value (RV) is less than the Net Book Value (NBV):<\/b>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">A will be recognized <\/span><b>impairment loss<\/b><span style=\"font-weight: 400;\">This loss is reflected as a downward adjustment in the value of the assets and will be recognized in the income statement of the period in which it is determined.<\/span><\/li><\/ul><\/li><\/ul>\n<h3><b>5.4 Calculation of Discounted Flows<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">To determine the <\/span><b>use value<\/b><span style=\"font-weight: 400;\"> of the cash generating unit, the future cash flows that the CGU will generate must be estimated, considering the following:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Expected income:<\/b><span style=\"font-weight: 400;\"> Projection of the income that the UGE will generate in the future.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Operating costs and expenses:<\/b><span style=\"font-weight: 400;\"> Operating costs associated with the production and operation of the asset must be subtracted.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cash flows to be paid or received:<\/b><span style=\"font-weight: 400;\"> This includes any capital expenditures necessary to maintain the operation or improve the asset.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">These cash flows will be discounted using a <\/span><b>appropriate discount rate<\/b><span style=\"font-weight: 400;\">, reflecting the time value of money and the risks associated with the CGU.<\/span><\/p>\n<h3><b>5.5 Appropriate Discount Rate<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The discount rate used must be <\/span><b>real<\/b><span style=\"font-weight: 400;\"> (adjusted for inflation) and reflect prevailing market conditions. This rate should also take into account the risks associated with the cash flows generated by the asset and its recovery.<\/span><\/p>\n<h3><b>5.6 Recognition and Recording of Impairment Loss<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If an impairment loss is determined, the accounting treatment should be as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Recognition:<\/b><span style=\"font-weight: 400;\"> Impairment losses must be recognized in the results of the period in which they are determined. This loss is reflected as a special item in the income statement.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Adjustment of Book Value:<\/b><span style=\"font-weight: 400;\"> The net carrying amount of the asset will be reduced in proportion to the identified impairment loss. This new carrying amount will be the basis for future depreciation of the asset.<\/span><\/li><\/ul>\n<h3><b>5.7 Reversal of Impairment Loss<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">If, in future periods, there are indications that the recoverable value of the asset has improved (for example, due to an improvement in market conditions or expected cash flows), the impairment loss may be reversed. However, for this reversal to be valid, it must meet certain criteria:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Permanence and Verifiability Features:<\/b><span style=\"font-weight: 400;\"> The reversal can only be applied if the improvement in the recovery value is durable and verifiable, based on market data or an evaluation of the CGU.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b style=\"font-style: inherit;\">Recognition of Reversal:<\/b><span style=\"font-weight: 400;\"> If the impairment loss is reversed, the adjustment will be recognized in the results of the period in which it occurs, increasing the carrying amount of the asset to an amount that does not exceed the original net carrying amount before the impairment loss.<\/span><\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5f918391 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5f918391\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-275f7bad\" data-id=\"275f7bad\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2e50cbf elementor-widget elementor-widget-spacer\" data-id=\"2e50cbf\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c293c4b elementor-widget elementor-widget-heading\" data-id=\"2c293c4b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">6. Implications of NIF C-6 and C-15 on Accounting and Auditing<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f395081 elementor-widget elementor-widget-text-editor\" data-id=\"6f395081\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The correct implementation of NIF C-6 and C-15 has profound implications for the accounting and auditing of companies:<\/span><\/p><ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Impact on Financial Statements:<\/b><span style=\"font-weight: 400;\"> Correct valuation of fixed assets improves the accuracy of financial statements, particularly the balance sheet, which reflects the company&#039;s net assets and liabilities.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Tax Planning Strategies:<\/b><span style=\"font-weight: 400;\"> Depreciation and impairment losses on assets can have a significant impact on a company&#039;s tax base, influencing the calculation of taxes.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Investment Decisions:<\/b><span style=\"font-weight: 400;\"> Proper asset valuation enables companies and their investors to make informed decisions about investments and growth strategy, maximizing return on assets.<\/span><\/li><li aria-level=\"1\"><strong data-start=\"1055\" data-end=\"1115\">For Boards of Directors and Corporate Governance:<\/strong> Transparency and reliability in the accounting information generated under these standards strengthens strategic decision-making and facilitates the fulfillment of fiduciary responsibilities.<\/li><\/ol><p><span style=\"font-weight: 400;\">IFRS C-6 and C-15 are essential to ensure that companies correctly record, value and present their fixed assets. A thorough understanding of these standards allows companies to make better decisions, improve financial transparency and optimize the management of their assets in the long term.<\/span><\/p><p><span style=\"font-weight: 400;\">By applying these standards correctly, companies not only ensure regulatory compliance, but also strengthen their ability to maximize the profitability and sustainability of their operations in the long term.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-17d6beff elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"17d6beff\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-50d45c15\" data-id=\"50d45c15\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7512a3f7 elementor-widget elementor-widget-spacer\" data-id=\"7512a3f7\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-234b5db2 elementor-widget elementor-widget-text-editor\" data-id=\"234b5db2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h4><span style=\"font-weight: 400;\">IN HONOR OF<\/span><\/h4>\n<h4><b>Jose Alfredo Gutierrez Mendez<\/b><\/h4>\n<h4><span style=\"font-weight: 400;\">Founder<\/span><\/h4>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c433d20 elementor-widget elementor-widget-spacer\" data-id=\"1c433d20\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-276f51fe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"276f51fe\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-68be3934\" data-id=\"68be3934\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f67df7c elementor-widget elementor-widget-heading\" data-id=\"2f67df7c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">You may also like<\/h4>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4e37d3ee elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4e37d3ee\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-5bc2a2b\" data-id=\"5bc2a2b\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7c7aa21a elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"7c7aa21a\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/php81.anepsa.com.mx\/en\/industrial-plant-appraisal\/\" tabindex=\"-1\"><img decoding=\"async\" src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_605\/https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2024\/03\/Avaluo-de-planta-industrial.jpg\" title=\"\" alt=\"\" loading=\"lazy\"><\/a><\/figure><div class=\"elementor-image-box-content\"><h4 class=\"elementor-image-box-title\"><a href=\"https:\/\/php81.anepsa.com.mx\/en\/industrial-plant-appraisal\/\">Industrial Plant Appraisal<\/a><\/h4><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-12fa195\" data-id=\"12fa195\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7aa8fc8f elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"7aa8fc8f\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/php81.anepsa.com.mx\/en\/how-do-rfid-tags-work-in-industrial-plants\/\" tabindex=\"-1\"><img decoding=\"async\" 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data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/php81.anepsa.com.mx\/en\/industrial-asset-management\/\" tabindex=\"-1\"><img decoding=\"async\" src=\"https:\/\/sp-ao.shortpixel.ai\/client\/to_webp,q_glossy,ret_img,w_605\/https:\/\/php81.anepsa.com.mx\/wp-content\/uploads\/2023\/08\/Gestion-de-activos-industriales.jpg\" title=\"\" alt=\"\" loading=\"lazy\"><\/a><\/figure><div class=\"elementor-image-box-content\"><h4 class=\"elementor-image-box-title\"><a href=\"https:\/\/php81.anepsa.com.mx\/en\/industrial-asset-management\/\">Industrial asset management<\/a><\/h4><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Valuation of Industrial Plant by NIF C-6 and NIF C-15 | Financial Reporting Standards Content Accurate valuation of fixed assets is crucial for a correct financial representation of companies, particularly in the industrial context, where these assets usually represent a significant portion of the financial statements. Financial Reporting Standards [\u2026]<\/p>","protected":false},"author":1,"featured_media":1589,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"disabled","ast-breadcrumbs-content":"","ast-featured-img":"disabled","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sin-categoria"],"_links":{"self":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts\/726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/comments?post=726"}],"version-history":[{"count":52,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts\/726\/revisions"}],"predecessor-version":[{"id":14261,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/posts\/726\/revisions\/14261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/media\/1589"}],"wp:attachment":[{"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/media?parent=726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/categories?post=726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/php81.anepsa.com.mx\/en\/wp-json\/wp\/v2\/tags?post=726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}