Contributions to improve accounting and financial reporting of exports of goods and services

Foreign trade is a form of foreign economic activity and simultaneously a form of trade in general. Basic forms of trade determines the existence of their methodology to account for flows. At the first level of imports and exports accounting methodology is based on general patterns of purchases and sales records locally, but is supplemented with specific elements of the tax, customs and currency. This paper proposes an approach to exports of goods and services in terms of accounting and taxation.