Análisis retrospectivo de la situación financiera de Aring Construcciones en la ciudad de Quito, provincia de Pichincha 2018 – 2020

Abstract

The objective of the research was to perform a retrospective analysis of Aring Construcciones, through the financial analysis in order to determine the situation of the company and the decisions taken. In this sense, the approach was quantitative and quantitative because the financial statements were used, calculations were made and interpreted. The research described the functions and processes of the personnel, explained the causes of the possible qualifications identified in order to explain and mitigate them. The research design was non-experimental, i.e. no variables were manipulated, it was longitudinal, as data was collected from the financial statements from the period 2018 - 2020. The population was represented by the accounting department, and being finite, no sample application was needed. The inductive method allowed the situational diagnosis of the company while the analytical method took the financial statements as a whole and then analyzed each element or account. The technique used was the survey, which gathered the necessary information for the study and its instrument was the questionnaire. The caveats found were: high cost of sales in 2018 and 2020 and high operating expenses in 2019. Short-term debts are excessive because collections are long-term and unproductive assets are managed. Sales revenues are not sufficiently developed and consequently the results obtained at the end of the period are not profitable. To mitigate these weaknesses the company should prioritize long-term financing, decrease the value of operating expenses and cost of sales, write off unproductive assets and increase the selling price of projects, the application of the above, combined or in its entirety will allow to see increases in profitability