Análisis e interpretación de los estados financieros de la Cooperativa de Ahorro y Crédito Minga Ltda., de la ciudad de Riobamba, provincia de Chimborazo, período 2012-2013

Abstract

The Financial Statements analysis of a Company are part of an information process which main objective is to offer data for the decision making. Such analysis can be applied through financial analysis methods which are considered as procedures used to simplify, separate and reduce the descriptive and numeric data which are part of the financial statements in order to measure the relationships during a period and the changes presented in different accountancy exercises. The methods used in this research were: Vertical analysis; this is a static method since it studies and compares the data of a single period. The Horizontal analysis is a procedure which compares homogeneous financial statements of two or more consecutive periods as well as financial indicators which allow controlling the progress of the company from the financial perspective. After applying each one of the methods and financial indicators the results obtained show that Minga Ltda Saving and Loan Cooperative has primary liquidity to fulfill its short – term obligations as well as accepted loans outlaying, however it is necessary to restructure the policies and procedures that establish adequate marketing studies and a strategic plan to obtain deposits in order to strengthen its financial management as well as its objectives achievement.