Modelo de Gestión Financiera y reducción de Morosidad en el departamento Financiero de la Empresa Eléctrica Riobamba S.A.

Abstract

This research is the “Financial Model and Reducction of delay payments in the financial department of the Empresa Eléctrica Riobamba S.A, This work is important because helps to take a correct decision, for which it must have a clear understanding of the objetives to be achieved, considering the goal provides a framework for optimal financial decision making to the achievement of new sources of funding to maintain the effectiveness and operational efficiency, the reliability of the information and compliance with laws and regulations, for which it is hypothesized that the Financial Management Model will help to reduce the delay payments Empresa Eléctrica Riobamba S.A. The proposal includes five parts: The first is the proposal objetive, the second is the Basis, the third on Strategic Guidance which details the vision, mission, objectives, policies and values of the Company, the fourth part deals the administrative approach and finally and the same proposal that collects within the budgetary control techniques, methods and procedures used in the programming stages, formulation, approval, implementation, monitoring, evaluation and assessment that make up the budget cycle. A control system had been designed, dividing the study into three processes: In the first process is proposed budgetary control, which explains the budget management in the analysis of results, whose responsability it is up to management level and the implementacion of controls budgetary resources allocated to reach settlement; In the second process, collect the registration procedures for presenting the action way performed accounting and budget related to the fact, In the third trial are presented financial reports and indicators used to measure the effectiveness and efficiency in budgetary revenue and expenditure and the compliance level with the budget targets set in the institucional projects.