“Incidencia del Control Interno en la gestión financiera de las empresas del sector comercial de la ciudad de Cuenca, periodo 2019-2023”

Abstract

The internal control system has become a key aspect for any organization that intends to be competitive and needs to remain in the market, since it allows companies to maintain responsible management of resources, minimizing errors, fraud, and financial losses. A strong internal control system ensures that financial transactions are accurately recorded, facilitating precise and reliable reporting. In addition, it ensures compliance with legal and tax regulations, avoiding sanctions and litigation. This article aims to determine the incidence of internal control in the financial management of companies in the commercial sector of Cuenca, from 2019 to 2023. The research problem is that the lack of efficient internal control can affect the financial management of companies, leading to economic losses and reducing transparency in financial information. The methodology applied is descriptive, with a mixed correlational and transversal approach, using questionnaires administered to commercial companies in Cuenca to collect information on their internal control practices and their impact on financial performance. The results showed that internal control affects the financial management of commercial companies in Cuenca between 2019 and 2023. Companies with solid controls had better results, while those with weak controls showed deficiencies. Thirty-three point three percent (33.3%) of companies with good internal control achieved good financial results.