Auditoría Integral a la Fundación Escuelas Radiofónicas Populares del Ecuador en el cantón Riobamba, provincia de Chimborazo, período enero a diciembre de 2011

Abstract

This research paper proposes an Integral Audit to Fundación Escuelas Radiofónicas Populares del Ecuador in Riobamba, Chimborazo province from January to December 2011. This integral audit allows finding out whether the current internal control system set by the direction is reliable and secure or not. It also permits checking the reasonableness of the respective records of financial processes of the main accounts, as well as the degree of efficiency when achieving goals. It besides examines the available foreseen resources provided by the foundation, which have been properly managed for legal operation development fulfillment. This audit started with the development of a diagnosis through the application of SWOT analysis, the application of a flowchart, the use of internal control questionnaires by COSO method, the creation of a risk matrix, the revision of work papers of the main accounts which are part of the statement of financial position, income statement, the evaluation of the yearly plan and individual activities plan, the application of indicators, and the use of survey to employees. In order to determine errors and irregularities the following was done: personnel evaluation, attendance control, individual activity plan fulfillment, access to accounts receivable records control, etc. The results of this examination can be found in the final report which shows a reasonable certainty about the economical and administrative operations and the degree to which the legal dispositions were accomplished. In the same way, such information is important for all the foundation members since it will allow them to clearly evidence working processes and also to establish good parameters for improving decision taking towards the achievement of objectives in the 2011 – 2013 Strategic Plan. The Director and Administrator should conduct the appropriate corrections and follow the corresponding recommendations to diminish risk-taking and to reduce weaknesses on the part of the individuals.