Auditoría de gestión a la Cooperativa de Ahorro y Crédito Latinoamericana Ltda. de la ciudad de Puyo, provincia de Pastaza del período enero a diciembre del 2013

Abstract

The present investigation called “Management Audit to the Credit Union and Latin American Ltda., from Puyo Pastaza Province From January to December 2013”,is intended to assess the financial management processes and use of its financial resources into the banking operations of Credit Union and Latin American Ltda., in order to verify and analyze its economic, ethical, ecologic, efficiency and effectiveness in achieving this financial entity goals and objectives by accomplishing the appropriate management standards established by the financial entity board of directors in regarding the control of the financial management processes. Its nature, objectives, legal basis and its organic and functional structure were established through a review of the legislation. Analyzing the procedures and the revision of the supporting documents of the representative activities taken as a point of interest for the evaluation, allowed us to evaluate the system of Internal Control by the COSO I method and the use of techniques and standards of audit, so the activities are evaluated not only into the Credit and Financial Department, but also into the Human Resources and Customer Service Departments. The study final report contains the conclusions and practical recommendations made from the study result analyses in order to achieve the financial entity goals. From this management auditing, some weaknesses were detected such as: lack of a training planning in monitoring banking operations and internal control process as well as a lack of a regular assessment of all staff and the delay in the approval credit process. The importance of this research lies in the weakness detection of this financial entity in the banking operation process and internal control for making proper decisions to prevent further economic, ethical, ecologic deficiency so that the financial entity goals and targets could be achieved as they were previously established. Therefore the implementation of an Annual Management.