Auditoría financiera a la Corporación de Productores y Comercializadores orgánicos Bio taita Chimborazo del cantón Colta de la provincia de Chimborazo, periodo 2018-2019

Abstract

The main purpose of this study is to carry out a Financial Audit to the Bio Taita Chimborazo Organic Producers and Marketers Corporation of Colta canton, Chimborazo province, period January-December of the years 2018-2019, to evaluate the economic resources, and thus, verify the reasonableness of the Statements of the Financial Corporation. This study was conducted by using techniques like direct observation for the visual verification of the daily activities of the Corporation, to evaluate the administrative and financial processes; an interview guide applied to the directive and administrative staff to learn about the processes and internal activities developed. This guide was also applied to financial and accounting personnel to identify the implementation of the Accounting Standards, IFRS and tax provisions. The findings demonstrated lack of a manual of accounting processes, mistakes in the accounting records, bank reconciliations of all the bank accounts managed by the Corporation are not performed constantly. In addition to this, there was not enough information necessary to carry out the examination of fixed assets, the Corporation lacks assets acquired to date and the acquisition value. For these reasons, a Financial Audit was conducted by using Internal Control questionnaires that made possible to get comprehensive information of the internal processes and activities of COPROBICH. The outcomes are presented in the final report and the reasonableness of the financial information has been validated in the report. It is recommended to implement a manual of accounting processes, an internal control system in all areas; financial, administrative, and operational to monitor, supervise and control the activities and operations performed in the Corporation