The restatement of financial statements is a very common practice in Latin American countries in order to update the accounting information incorrect due to inflation. In any accounting statement there are monetary items that are in physical monetary units so in an inflationary environment modifies its purchasing and there are other non-monetary items, its value varies more or less similar to inflation. The restatement aims to bring the states to know the actual values in the decision making process.
In Mexico, for example, there are legal rules, Bulletin B-10, which serves as the basis for its practical application in that country.
For application with Excel presents the next book, sent by LG Garcia Castro, which can be accessed from the following link.
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