The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, Ecuador
Savings and credit cooperatives are institutions whose objective is to carry out activities of financial intermediation and social responsibility for their partners, clients or third parties and are subject to external and internal control bodies as internal audits to protect resources, so that it i...
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| Format: | Article |
| Language: | English |
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Centro Universitário ENIAC
2019-07-01
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| Series: | Revista Eniac Pesquisa |
| Subjects: | |
| Online Access: | https://ojs.eniac.com.br/index.php/EniacPesquisa/article/view/589 |
| _version_ | 1828197474847686656 |
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| author | César Medardo Mayorga Jorge Luis Frías |
| author_facet | César Medardo Mayorga Jorge Luis Frías |
| author_sort | César Medardo Mayorga |
| collection | DOAJ |
| description | Savings and credit cooperatives are institutions whose objective is to carry out activities of financial intermediation and social responsibility for their partners, clients or third parties and are subject to external and internal control bodies as internal audits to protect resources, so that it is necessary to analyze the financial decisions taken based on its own control. This study explores the relationship between risk-based internal auditing and the management of financial decisions of funding and investments in segment one of Ambato city credit and savings cooperatives. The analysis was based on the internal audit reports of the 2017 fiscal period and the first semester of the year 2018. The results found show that the internal audit methodology analyzed, based on the International Framework for the Professional Practice of Internal Auditing through the guidelines of implementation, has determined that cooperatives do not emphasize their risk-based internal audit work by 40%. It is concluded that, in the sector studied, internal audit has a significant correlation with financial decisions. |
| first_indexed | 2024-04-12T10:20:08Z |
| format | Article |
| id | doaj.art-56b11ce02cf64a88b389a18642b48d26 |
| institution | Directory Open Access Journal |
| issn | 2316-2341 |
| language | English |
| last_indexed | 2024-04-12T10:20:08Z |
| publishDate | 2019-07-01 |
| publisher | Centro Universitário ENIAC |
| record_format | Article |
| series | Revista Eniac Pesquisa |
| spelling | doaj.art-56b11ce02cf64a88b389a18642b48d262022-12-22T03:37:07ZengCentro Universitário ENIACRevista Eniac Pesquisa2316-23412019-07-018226927910.22567/rep.v8i2.589419The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, EcuadorCésar Medardo Mayorga0Jorge Luis Frías1Universidad Técnica de AmbatoUniversidad Técnica de AmbatoSavings and credit cooperatives are institutions whose objective is to carry out activities of financial intermediation and social responsibility for their partners, clients or third parties and are subject to external and internal control bodies as internal audits to protect resources, so that it is necessary to analyze the financial decisions taken based on its own control. This study explores the relationship between risk-based internal auditing and the management of financial decisions of funding and investments in segment one of Ambato city credit and savings cooperatives. The analysis was based on the internal audit reports of the 2017 fiscal period and the first semester of the year 2018. The results found show that the internal audit methodology analyzed, based on the International Framework for the Professional Practice of Internal Auditing through the guidelines of implementation, has determined that cooperatives do not emphasize their risk-based internal audit work by 40%. It is concluded that, in the sector studied, internal audit has a significant correlation with financial decisions.https://ojs.eniac.com.br/index.php/EniacPesquisa/article/view/589intermediación financieragestiónmatriz de riesgos financieros |
| spellingShingle | César Medardo Mayorga Jorge Luis Frías The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, Ecuador Revista Eniac Pesquisa intermediación financiera gestión matriz de riesgos financieros |
| title | The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, Ecuador |
| title_full | The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, Ecuador |
| title_fullStr | The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, Ecuador |
| title_full_unstemmed | The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, Ecuador |
| title_short | The internal audit based on risks and the financial decisions of the savings and credit cooperatives in Ambato city, Ecuador |
| title_sort | internal audit based on risks and the financial decisions of the savings and credit cooperatives in ambato city ecuador |
| topic | intermediación financiera gestión matriz de riesgos financieros |
| url | https://ojs.eniac.com.br/index.php/EniacPesquisa/article/view/589 |
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