A Glance to Mexico’s General Law of Governmental Accounting

Abstract

Mexico has a tradition in the implementation of Governmental Accounting, however the changes at the international level in terms of accounting standards, the absence of the countable corresponding harmonization, assuming as national politics the adoption, enabling proper consolidation and providing necessary information to the different power groups facilitate the appropriate decision-making led to the adoption and implementation of a General Law of Governmental Accounting, which is mandatory as of January 1,

1. 2009. After five years of the beginning of their implementation, start to be valued the impacts of the gradual introduction of this Law, for this case the present research is traced as objective to analyze the effects of the Law of Government Accounting in a very particular context constituted by the Mexican public universities.