Auditoría financiera a la empresa Fertilam, del cantón Riobamba, provincia de Chimborazo, período 2019

Abstract

The financial audit carried out in a company called Fertilam, headquartered in Riobamba city, province of Chimborazo in 2019 was carried out to improve the financial management of the company. For the development of this research, it was necessary to apply a quantitative and a qualitative approach, and the application of instruments such as the observation, surveys and internal control questionnaires based on the evaluation method COSO III, which allowed obtaining information and sufficient evidence and components to evaluate the management of the company. The stages of financial audit, planning, execution and communication of results were applied something that identified the existence of inconsistencies in the account of Finished Products Inventory due to the lack of physical viverification of products which generates losses or thefts. Also, it was determined that the company lacks of a manual with policies and procedures, an adequate segregation and delimitation of functions and a proper use and management of financial resources. To improve the company's internal control system, the manager is recommended to take into consideration the recommendations issued in the final audit report, which will help improve the management of activities and it will also be useful as a supporting tool for decision making processes in order to improve and take advantage of financial resources.