Realizar una auditoría financiera a la Empresa Mall Santiago de Gualaceo Masgual S. A. del período comprendido del 1 de enero al 31 de diciembre de 2013

Abstract

The subject of our thesis “Performing a Financial Audit on Empresa Mall Santiago de Gualaceo MASGUAL S.A. for the period between January 1st through to December 31st, 2013” was developed with the objective of verifying the accuracy of the presentation of financial statements on the company’s behalf and in turn provide recommendations in relation to possible discoveries revealed during the process. The process of applying the audit examination is comprised of three initial stages: 1. Planning Stage - research was conducted on the company named MASGUAL S.A. in regards to its economical-financial and internal control aspects with the objective of determining critical aspects for the audit within the financial statements. The internal control was evaluated and certain procedures were selected to be applied in the next stage within its respective programs.

2. Execution Stage - work programs were developed for each component through the application of compliance and substantive testing which also assisted in the determining of the findings.

3. Communication Stage - in this stage the Audit Report, document that reveals the findings discovered during the examination is submitted. Finally, the most relevant discoveries are presented along with the recommendations that the company could implement to improve and contribute in regards to the accuracy of the presentation of their financial statements, and their internal control system.