The use of the book value in the management of the Venezuelan SMEs. A perception from the administrative science

Abstract

Economic operations of society lie embedded in accounting and administrative sciences, financial aspects of individuals, companies and institutions rest on them, they give value to things in their practices, operations and uses as the case of the environment. Human behavior and business has changed, especially in the systematization of information, where the book value has shown variability in time and today is globalized by application of IFRS. It aims to provide an overview of the use of book value in the management of SMEs in the Venezuelan environment, facilitating reflection and guidance of administrative processes, improving organizational performance standards, as well as clarify their use in management; this may provide immediacy with these two sciences in management decisions of this branch of business.