INTERNAL CONTROL STANDARD TOOL IN ACCOUNTING RECORDS AND BUSINESS ORGANIZATION

NORMA DE CONTROL INTERNO HERRAMIENTA EN REGISTROS CONTABLES

Abstract

Internal Control provides reasonable, absolute security regarding the correct development of administrative and accounting processes applied in entities as established by law, as it is a fundamental factor in preventing corruption by detecting fraud. From the principles and procedures adopted by the administration, planned goals and objectives will be achieved with the sole purpose of safeguarding resources, economic, financial and technological assets through efficient and applied use, as well as policies established in the organization, avoiding disbursements not desired and not justified by not offering security with the purpose of protecting the assets of the organization. The application of the Internal Control Standard supports the management that every organization draws up in such a way that it allows the adequate management of the operations carried out in the company in order to generate reliable information efficiently, optimizing time. The main objective is to prepare, at the end, the design of an internal control manual where policies, norms, procedures and a regulation of Internal control are established on the income and expenses of the company, improving the financial information, points to follow, the execution of This manual will bring necessary benefits. The main beneficiaries of this project are the administrators and managers of the assets that are managed in an organization. Its purpose is to obtain reliable and timely financial information, through accounting operations to produce appropriate financial statements and reports.