Examen especial a las cuentas por cobrar y cuentas por pagar aplicando la NIIF 7, en la Unidad Educativa Cristiana “Nazareno”, cantón Riobamba, provincia de Chimborazo, período 2017

Abstract

This Special Examination of Accounts Receivable and Accounts Payable applying IFRS 7, in the Unidad Educativa Cristiana "NAZARENO”, canton Riobamba, province of Chimborazo, 2017, aims to determine the financial reasonability of the accounts under study , thus helping the institution to reflect truthful and timely information that will help in making decisions. For the development of the Special Exam, the accounting balances were compared with the source documents of each of the debtors and creditors, confirmations of balances were sent to both Suppliers and customers to determine the veracity of the balances of accounts receivable and payable, an interview was conducted with the Principal through which it was compared if the information of the accounting department was reliable, the internal control questionnaires were applied to assess the level of risk and the level of confidence that existed in the treatment of the accounts, which made it possible to identify the following findings: lack of physical source documents, lack of timely registration of the activities of the business, incorrect calculation of the provisions of uncollectible accounts, lack of maintenance of the accounting package used, lack of collection policies and payment policies. The correct application of the suggestions indicated in the final opinion of the special examination is recommended in order to make timely and efficient decisions for the proper performance of the institution.