Accounting implications of the effects of the Covid-19 in the shrimp sector of Ecuador

The objective of the research is to design a comprehensive plan for the review of the financial statements, as a mechanism for measuring the economic and financial impacts generated by Covid-19 in the shrimp farms of the province of El Oro. It had a descriptive scope with a non-experimental design c...

Full description

Bibliographic Details
Main Authors: Stalin Vladimir Paladines-Morocho, Verónica Paulina Moreno-Narváez, Lenyn Geovanny Vásconez-Acuña
Format: Article
Language:Spanish
Published: Fundación Koinonia 2020-09-01
Series:Revista Arbitrada Interdisciplinaria Koinonía
Subjects:
Online Access:https://fundacionkoinonia.com.ve/ojs/index.php/revistakoinonia/article/view/957
_version_ 1828947745607516160
author Stalin Vladimir Paladines-Morocho
Verónica Paulina Moreno-Narváez
Lenyn Geovanny Vásconez-Acuña
author_facet Stalin Vladimir Paladines-Morocho
Verónica Paulina Moreno-Narváez
Lenyn Geovanny Vásconez-Acuña
author_sort Stalin Vladimir Paladines-Morocho
collection DOAJ
description The objective of the research is to design a comprehensive plan for the review of the financial statements, as a mechanism for measuring the economic and financial impacts generated by Covid-19 in the shrimp farms of the province of El Oro. It had a descriptive scope with a non-experimental design cross. 86.7% of those surveyed said that companies have designed strategies to better manage their cash needs based on their budgets, adjusted to current conditions. The sector presents high losses and uncertainty about its future, which generates financing problems, coverage of obligations, reduction of payroll, increase in operating costs, reduction of profit margins, the situation has forced producers to make decisions on the go, to keep businesses running.
first_indexed 2024-12-14T05:34:13Z
format Article
id doaj.art-5930395419f0450bbfdb7066a61a2fd4
institution Directory Open Access Journal
issn 2542-3088
2542-3088
language Spanish
last_indexed 2024-12-14T05:34:13Z
publishDate 2020-09-01
publisher Fundación Koinonia
record_format Article
series Revista Arbitrada Interdisciplinaria Koinonía
spelling doaj.art-5930395419f0450bbfdb7066a61a2fd42022-12-21T23:15:14ZspaFundación KoinoniaRevista Arbitrada Interdisciplinaria Koinonía2542-30882542-30882020-09-015424227210.35381/r.k.v5i4.957830Accounting implications of the effects of the Covid-19 in the shrimp sector of EcuadorStalin Vladimir Paladines-Morocho0Verónica Paulina Moreno-Narváez1Lenyn Geovanny Vásconez-Acuña2Universidad Católica de Cuenca, CuencaUniversidad Católica de Cuenca, CuencaUniversidad Católica de Cuenca, CuencaThe objective of the research is to design a comprehensive plan for the review of the financial statements, as a mechanism for measuring the economic and financial impacts generated by Covid-19 in the shrimp farms of the province of El Oro. It had a descriptive scope with a non-experimental design cross. 86.7% of those surveyed said that companies have designed strategies to better manage their cash needs based on their budgets, adjusted to current conditions. The sector presents high losses and uncertainty about its future, which generates financing problems, coverage of obligations, reduction of payroll, increase in operating costs, reduction of profit margins, the situation has forced producers to make decisions on the go, to keep businesses running.https://fundacionkoinonia.com.ve/ojs/index.php/revistakoinonia/article/view/957: administración financierapolítica financieracomercioempresa privada.
spellingShingle Stalin Vladimir Paladines-Morocho
Verónica Paulina Moreno-Narváez
Lenyn Geovanny Vásconez-Acuña
Accounting implications of the effects of the Covid-19 in the shrimp sector of Ecuador
Revista Arbitrada Interdisciplinaria Koinonía
: administración financiera
política financiera
comercio
empresa privada.
title Accounting implications of the effects of the Covid-19 in the shrimp sector of Ecuador
title_full Accounting implications of the effects of the Covid-19 in the shrimp sector of Ecuador
title_fullStr Accounting implications of the effects of the Covid-19 in the shrimp sector of Ecuador
title_full_unstemmed Accounting implications of the effects of the Covid-19 in the shrimp sector of Ecuador
title_short Accounting implications of the effects of the Covid-19 in the shrimp sector of Ecuador
title_sort accounting implications of the effects of the covid 19 in the shrimp sector of ecuador
topic : administración financiera
política financiera
comercio
empresa privada.
url https://fundacionkoinonia.com.ve/ojs/index.php/revistakoinonia/article/view/957
work_keys_str_mv AT stalinvladimirpaladinesmorocho accountingimplicationsoftheeffectsofthecovid19intheshrimpsectorofecuador
AT veronicapaulinamorenonarvaez accountingimplicationsoftheeffectsofthecovid19intheshrimpsectorofecuador
AT lenyngeovannyvasconezacuna accountingimplicationsoftheeffectsofthecovid19intheshrimpsectorofecuador