Auditoría financiera a Jaime Lituma Construcciones y Comercio Cía. Ltda., de la ciudad de Macas, provincia de Morona Santiago, período 2019 – 2020

Abstract

The objective of the research work was to apply Financial Audit to Jaime Lituma Construcciones y Comercio Cía. Ltda. Corresponding to period 2019 – 2020. This business is dedicated to the execution of civil works and the rental of machinery and heavy load transportation. The research approach applied was qualitative and quantitative, since the accounts and their most relevant results were evaluated according to their materiality, applying substantive tests. Furthermore, the research level was descriptive with a non-experimental design. Respect to the study of all the characteristics of accounting transactions and financial procedures, field, analytical and bibliographic research was applied. As a result of the financial audit, a qualified opinion was determined because the company has not established the provision for doubtful accounts on the balances of the Accounts Receivable account for customers, values that amount to $ 938,15 for 2019 and $ 1116,76 for 2020 financial periods. Likewise, regarding the estimate of the reserve fund on the profits generated, it has not been determined in either of the two periods examined. The continuous and permanent practice of financial auditing is recommended, to ensure adequate and efficient administration of the assets, values and resources expressed in the financial statements, and therefore apply the recommendations that are in the financial audit report, since with this, it will be achieved the improvement and corrections of the findings found, contributing to the development of the company