Internal control and administrative and financial management: Agricultural Company Briloor S.A. period 2019 – 2021

Abstract

This research focuses on analyzing Internal Control and the relationship with the administrative and financial management of the company Agropecuaria Briloor S.A., in the period 2019 -2021. The study is quantitative, field, cross-sectional, non-experimental, explanatory, applied. The technique used is the survey with closed questions, prepared based on the COSO III report. The population or universe of the study is made up of the Manager, the Accountant and the Treasurer, who are directly responsible for the Internal Control of this institution. The results show deficiencies in the elements integrity and ethical values, board of directors and audit committee, assignment of authority and responsibility, policies and practices in terms of human talent, risks, communication, supervision and monitoring. It is concluded that there are notorious failures in Internal Control that can jeopardize the survival of this company, since it is an element of the governance system and of the capacity of this organization to manage risks, monitor its assets, prevent fraud, minimize errors and accurately authenticate the reliability of financial administrative data.