Examen especial a los estados financieros y determinación de indicadores de la Cooperativa de Ahorro y Crédito de la Pequeña Empresa de Pastaza, agencia Macas, periodo enero – diciembre 2014

Abstract

This specialized examination to the Credit Union of the Small Business of Pastaza makes known the reasonableness, ability to understand the balances of financial statements for the year 2014 and determine the indicators, in order to establish the financial situation and the level of use of financial resources to achieve the objectives of the cooperative. By applying the COSO I report as an efficiency instrument to improve the financial, administrative and legal situation, reducing risks, the improvement of internal control was evaluated. With the application of the horizontal and vertical analysis to financial statements and the application of financial indicators, it was possible to determine the five findings: - the limits set by the overheads are not respected. – Financial information is not delivered on time to the Assembly. – There is a cash shortfall. – The salaries exceed what is recorded in the financial statements. – Financial situation and propose conclusions and recommendations. The report reflects professional opinion, and involves implementing internal control systems in a technical way for improvement. The institution should take and consider what is stated in this study as an appropriate way for decision – making.