Auditoría financiera en la empresa Agriq-Agroahorro de la provincia de Tungurahua, cantón Ambato durante en el periodo 2020

Abstract

The present research work, titled "Financial Audit at AGRIQ-AGROAHORRO Company in the Tungurahua Province, Ambato Canton, Period 2020," aimed to determine the reasonableness of the Financial Statements for that period. This was accomplished through the application of different audit phases, leading to the issuance of an audit opinion. During the audit, an evaluation of the entity's internal control system was carried out based on the COSO I methodology. This involved using internal control questionnaires for each component. Additionally, a vertical analysis of the financial statements was performed to determine materiality and identify accounts with significant influence on the institution's economic and financial situation. Lastly, the major impact items on the financial statements were evaluated. The audit findings revealed that the entity lacks clear objectives, defined personnel functions, a proper risk identification process, and a suitable information management procedure. In terms of account evaluation, the presence of counterfeit bills, overdue accounts receivable, and an omission in recording a customer's payment were detected. In conclusion, the manager should implement the recommendations provided in the final report to enhance process efficiency and ensure proper risk identification and risk reduction