Evaluación del ciclo presupuestario de la Fundación Iluminar Luz y Color para Cuenca, periodo 2021

Abstract

The present degree project aims to analyze the stages of the budget cycle of Fundacion Iluminar Luz y Color to Cuenca, period from January 1st to December 31st 2021 since Fundacion Iluminar needs to examine the accomplishment of its activities, goals, and projects basing on legal regulations to get its effectiveness and efficiency level regardless to managing its resources. Therefore, a mixed research approach was used where it employed quantitative and qualitative methods; through applying questionnaires to determine the accomplishment level. Besides, it used budgetary and financial indicators on base on budget data in order to determine the efficiency and effectiveness resources. Finally, the conclusions and recommendations will assist to Fundacion Iluminar to determine the shortcomings which will allow a better making decisions by the management level for benefits to the overall performance by enabling to enterprises that are part of the Board of Directors ensuring the proper use of the resources.