Evaluación del ciclo presupuestario de la empresa pública de áridos y asfaltos del Azuay ASFALTAR EP, periodo 2021

Abstract

The present titling work called “Evaluation of the Budget Cycle of the Public Enterprise of Arid and Asphalts of Azuay ASFALTAR EP, period 2021”, determines the level of compliance of each one of the stages of the budget cycle in accordance with the legal provisions, and efficiency and effectiveness in managing financial resources. To this end, a mixed approach is used, both qualitative through the application of internal control questionnaires, in which the level of confidence and the level of risk are determined at each stage of the budget cycle: programming, formulation, approval, implementation, evaluation and monitoring, and closure and liquidation in accordance with the legal provisions of the Organic Code of Territorial Organization, Autonomy and Decentralization (COOTAD), the Organic Code of Public Planning and Finance (COPYFP) and the Internal Control Standards of the Office of the Comptroller General of the State (NCICGE); and quantitative through the collection, review and analysis of numerical data of the budget certificates of income and expenditure with the application of budget indicators. Once the stages of the budget cycle have been analyzed, it is evident that the enterprise ASFALTAR EP presents has certain deficiencies in compliance with them in accordance with the legal provisions; as regards the execution of the revenues it shows an acceptable level of compliance. In addition, the enterprise has a high financial capacity, since most of the activities depend on its own income generated in the financial year. Finally, based on the results obtained, conclusions and recommendations are established so that the enterprise's directors can make correct decisions for proper budget management.