Evaluación presupuestaria de la COAC Kullki Wasi Ltda. agencia Riobamba, para medir el uso de los recursos financieros, período 2016-2018

Abstract

This titling work called budget evaluation of the Cooperativa de Ahorro y Crédito Kullki Wasi Ltda Riobamba Agency, for the periods 2016-2018, aims to contribute to the improvement of administrative activities, which will allow ethical decision-making through analysis thorough risk factors. For this work, a survey was applied to the staff working in the company and a horizontal and vertical analysis whose information served to find the following results: the solvency of the Cooperativa for the year 2016 is 0.38; in 2017 it has 5.06, and in 2018 it has 3.75 to cover the expenses. This value has been growing notably each year, which means that the Cooperativa is profitable regardless of its sources of financing income. A budget evaluation was carried out, allowing guide in a better way the resources, economic and financial, available to the institution. It was trying to achieve the growth of the Cooperativa with a proper administration of the funds obtained in the different activities established in the budget, measure in this way the level of efficiency, effectiveness, and economy. Regarding the budget, it was evidenced that values are budgeted below what is executed because an analysis of its real financial statements is not carried out to budget for the following years. Managers are recommended to design strategies to help them better control credits, taking into account that the company's equity is not enough to cover its obligations to third parties, delaying the fulfillment of goals and objectives, fulfillment of goals and objectives.