Efectos de Ley Orgánica de Economía Popular y Solidaria Art. 54 (Referente a la Distribución de utilidades y excedentes) en las Cooperativas de Ahorro y Crédito del segmento dos ubicadas en el cantón Quito del período 2019-2020.

Abstract

The research work on accounting and auditing, has as an objective to identify the effects of the article fifty four of the Popular and Solidarity Economic Organic Law about the Saving and Credit Cooperatives, which generate profits and surpluses, will not be granted to their holders. Instead, they have to distribute at least a fifty percent towards an irreparable fund increase of legal reserves and, obligated to a contribution at least five percent to the Superintendency of Popular and Solidarity Economy. The saving and Credit Cooperatives in Ecuador, have had worth highlighting legal changes, following the example of huge territories and economies. At the moment, companies with generous objectives are primordial as they protect the helpless inhabitant. But at the same time, they have competition with institutions of the national financial system, primarily with private banking, frequently competing for the same market stalls. Their objective is to obtain partners, administratives and employers. The methodology determined a sample population of eleven Saving and Credit Cooperatives of the second segment located in Quito who were surveyed via email. The general conclution refers to how this segment has been applied in a compulsory way, confirming how this Law guarantees the sustainability and development of the economic and social activities of the Saving and Credits Cooperatives.