DISCOUNT FACTOR, FUTURE FLOWS AND DETERIORATION OF TANGIBLE AND INTANGIBLE ASSETS

• Autor: Arrarte Mera, Raúl Alberto
• Formato: artículo
• Fecha de Publicación: 2016
• Institución: Universidad Nacional Mayor de San Marcos
• Repositorio: Revistas - Universidad Nacional Mayor de San Marcos
• Lenguaje: español
• OAI Identifier: oai:ojs.csi.unmsm:article/13247
• Enlace del recurso: https://revistasinvestigacion.unmsm.edu.pe/index.php/quipu/article/view/13247
• Nivel de acceso: acceso abierto
• Materia: Impairment of Fixed Assets; Discount Factor; Future flows; Interest rates; Future Value; Use Value; Deterioro de Activos Fijos; Factor de Descuento; Flujos futuros; Tasas de Interés; Valor Futuro; Valor de Uso

This work is an exploratory-descriptive-quantitative analysis; a mathematical simulation of an increasing and decreasing flow of future income at low and high interest rates; to deduce their results. Goals: A) To evaluate a fair and reasonable discount factor to calculate the projection of future flows of tangible and intangible fixed assets. B) To verify a way to estimate the recoverable value of a Cash-Generating Unit (CGU). C) To study the extent to which a global interest rate is appropriate to fight against money laundering and corruption. We conclude: if we apply a high interest rate we affect the company with less profits and the State with lower tax revenues. If the rate is low, the opposite is true. We confirm that it is convenient for our countries to make quarterly normalization of interest rates at the global level by the IASB.