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This study analyzes the divergence in accounting regulations between Peru and Bolivia and how this affects the consolidation of financial statements when a Peruvian parent company owns a subsidiary in Bolivia. The objective is to examine the impact of these differences on the presentation of consolidated financial statements in the context of compliance with International Financial Reporting Standards (IFRS) in Peru. A qualitative methodology was used, with a descriptive and exploratory approach, through a comparative regulatory analysis between both countries. The results show that discrepancies in the adoption and application of IFRS generate practical difficulties, such as conversion costs, risk of accounting errors, and lack of comparability between the entities of the economic group. The parent company in Peru must make significant adjustments to the financial statements of its Bolivian subsidiary, which complicates the uniform presentation of financial information. The conclusion is that a substantial difference persists between the accounting frameworks of Peru and Bolivia, especially regarding the mandate and application of IFRS. This scenario undermines the effectiveness of consolidated statements as strategic decision-making tools by reducing the clarity and consistency of the group's financial data.
