Importance of internal cash and vault control in a segment five credit union

Espirales: Revista Multidisciplinaria de Investigaci贸n

article

Wuilian Franklin Nieto Dorado¹ 

[1] Instituto Superior Universitario SAN GABRIEL

关键词: Control interno;    caja;    bóveda;    cooperativa de ahorro y crédito;    efectivoInternal control;    cash;    vault;    credit union;   

DOI  :  10.31876/er.v7i45.837

学科分类：自然科学（综合）

来源: Grupo Compas

【 摘 要 】

The elements of internal control ensure efficiency and effectiveness in financial intermediation operations. The research was developed in a savings and credit cooperative in the city of Ambato - Ecuador, controlled by the Superintendence of Popular and Solidarity Economy SEPS. Glimpsing some elements of internal control - COSO I. Savings and credit cooperatives receive cash deposits, deliver credit and issue payment cards. The leverage of institutional progress, forces to the multiplicity of offers and non-financial financial products, which operationally causes risks, before this, the management of the internal control assures the normative fulfillment and the reasonableness in the cash and vault reports. The objective of the work is to design an Internal Control Manual for the effectiveness of cash and vault operations. Data were collected using empirical methods and risks in cash management were found. An internal control manual was implemented, outlining policies and procedures for proper cash and vault management. It also indicates the professional profile; human talent selection process; operational and accounting cash activities. And the regulations for the custody of cash.

【 授权许可】

CC BY-NC