Auditoría Financiera a los estados financieros de la Cooperativa de Ahorro y Crédito Maquita CUSHUNCHIC Ltda., de la ciudad de Riobamba, periodo 1 de enero al 31 de diciembre del año 2010

Abstract

Maquita Cushunchic Cooperative Financial Statements Audit from January to December 2010, Riobamba. It is important to investigate the financial statements reasonableness and whether they have the required standards and principles. The cooperative has had problems in the internal control system due to many factors, such as: the slow recovery of the portfolio resulting in slow payers and high lack of solvency in the working capital, interfering in the institution financial economic performance. The objectives are to audit the Cooperative financial statements, evaluate internal control, identify and analyze the loan portfolio manuals, verify the correct accounts classification in the financial statements. The inductive method was used with an analytic-synthetic process, direct observation through personal contact, descriptive methodology for data collection, compilation and tabulation and longitudinal research. The nature, objectives, legal basis and functional organic structure was established through the institutional administrative diagnosis. The procedures analysis and the economic and financial management support documents review allowed us to evaluate the applied internal control system in the Cooperative, financial management and finally the report and recommendations were issued. The financial statements audit of the fiscal year 2010 allowed us to detect weaknesses such as: the Cooperative does not fulfill the External Audits and Control Special Regulation provisions, also economic transactions prior and current control has shortcomings, it does not have an Internal Audit Unit. The recommendations are to establish an Internal Audit Unit, which runs an annual audit plan and improve the internal control system, it is very important to detect the weaknesses and correct errors so that the financial information could become a tool for making effective and reliable decisions.