This article presents a description of the evolution of the statement of changes in the financial position as a basic financial statement in Colombia. It analyses and compares the technical disclosure standards of this financial statement with those of the basic financial statement, aligning them with international standards. It establishes the dual nature of the technical disclosure rules between the statement of changes in financial position and the statement of cash flows, determining the duplication of these basic regulated financial statements in Colombia. Recommends the elimination of the statement of changes in the financial position as a baseline financial statement.