Valuación, revelación y presentación de los certicados bursátiles a corto y largo plazo de acuerdo con las Normas de Información Financiera y la Ley del Mercado de Valores. Caso Daimler México, S. A. de C. V.

Abstract

The big and small enterprises have something common and is that they need capital short and long term to finance and to operate continuously. The titles of long term debt are promises that the company makes emitting pay the main one and interest on the net balance. The victory of an instrument of long term debt talks about the period that the debt follows slope with some balance nonpaid. The debt titles can be short term (with term is 1 year or less) or long term (with term is more than 1 year). Sometimes, the short term debt denominates debt nonconsolidated and the long term debt, consolidated debt. The two forms of long term debt are the public emission and the debt placed in private; the main difference between both is in which second it is placed directly with an institution of loan. The general procedures that are followed to realise a public certificate emission are: first, the supply must be approved by the administrative advice, later a declaration of registry is due to prepare that is put under revision of the “Comisión Nacional Bancaria y de Valores (CNBV)” and “Bolsa Mexicana de Valores (BMV)”; if it is accepted, the registry declaration enters 20 days in force later and the titles are sold. With respect to the estimate, we found that the value of stock-exchange certificates is simply the present value of the cash flow that it generates and these depend on their contractual characteristics.