Medición del riesgo inherente en las políticas de pago de la empresa GARAYCAM C.A.

Abstract

This research is about the measurement of inherent risk, which is a financial audit tool, which through its analysis allows to know the internal or external factors of the company that are affecting the correct making of financial and business decisions. The objective is to improve the payment policies of the GARAYCAM C.A. shrimp farm. by measuring the inherent risk that refers to the fact that it can exist in an intrinsic way in each activity or procedure and cannot be eliminated, such as, for example: low prices, the weather, thefts that happen within the shrimp sector. The internal control procedures that were used for the correct application of the payment policies are the following: set out the payment policies through a manual and instructions such as, for example: the money disbursements that are made in the company on a weekly basis. The methodology that was used within the investigation is the analytical - synthetic method, likewise the empirical methods that are the interview, the document study and the observation of the company GARAYCAM C.A; The development of an internal control system for accounts payable to suppliers, contributes to the administrative, financial and accounting level of the company to optimize resources and keep an efficient control of accounts payable with suppliers, in addition it is concluded that an optimal evaluation of inherent risk is vital for the company in the shrimp sector to be able to obtain greater efficiency in the process of weekly payments that are made, to be able to update and improve the payment policies they currently have and can be planned appropriately by management the resources that are allocated weekly and avoid having financial risks in the future, so it is recommended to continue with the measurement of the inherent risk and implement the system of control of payments of accounts payable to suppliers.