Gestión de riesgos y control interno en empresas públicas petroleras de Ecuador

Abstract

The present research is aimed at analyzing the management of risk management, as well as the results of internal controls by the public oil companies of Ecuador, taking as reference the international model COSO Internal Control 2013. The objective was to analyze the management of risk management and controls in Ecuadorian public oil companies; it was considered, the comparison of international control standards with those issued in the country. The methodology used focused on a correlational study of the variables identified as risk management, internal control. In addition, make a small description of the COSO model to determine its causality and effect on the Ecuadorian oil industry; the study covered the three existing companies, therefore, it was not necessary to apply a sample. Among the main results obtained, it was observed that the regulatory framework for local internal control is out of date with the international model; moreover, there is no risk management with a focus on the public oil industry; and internal controls are also not tailored to the current needs of the business. It is concluded that at the international level there is an updated risk management and internal control model that may well be the basis for generating a model aimed at the public oil business in Ecuador.