Fiscal Incentives Decrees for the Northern and Southern Border Regions (Miscellaneous Tax Resolution 2025)
This article references the decrees published in the Official Federal Gazette (DOF) on December 31, 2018, for the Northern Border Region, and December 30, 2020, for the Southern Border Region, with subsequent modifications. The Tax Administration Service (SAT) has...
Accounting Information Systems in Mexico
Regardless of the size or economic sector of the entities, they require information for decision-making. According to the Financial Reporting Standards (NIF), this information must be: Truthful, Reliable, Comparable, and Timely. In this article, we will define key...
What are the notes to financial statements in Mexico?
Notes to financial statements are an integral part of an entity’s financial statements. Their main purpose is to provide explanations and additional details that complement and clarify the information presented in the main financial statements. The notes help...
Understanding NIF: Financial Reporting Standards in Mexico and Their Convergence with IFRS
The Financial Reporting Standards (NIF) are a set of technical regulations that establish how entities must prepare and present their financial information in Mexico. These standards aim to ensure that the information is comparable, relevant, reliable, and...