Efectos de la implementación de sistemas de control interno en la prevención de fraudes en las empresas manufactureras del sector privado del Distrito Metropolitano de Quito sector Valle de Tumbaco año 2022

Abstract

The following research focuses on the effects of implementing internal control systems on fraud prevention in private sector manufacturing companies in the Tumbaco Valley, Metropolitan District of Quito, during the year 2022. Companies face significant challenges in resource management and asset protection due to increased business activity and the resulting exposure to fraud. The internal control systems used, their knowledge and implementation, and their effectiveness in fraud prevention are examined. The specific objectives of this research are to identify the internal control systems used, to evaluate the degree of knowledge and implementation of these systems in manufacturing companies, and to measure their effectiveness in preventing fraud. The research is essential given the growing interest in financial integrity and security in the business environment. Internal control systems encompass policies, procedures and practices designed to safeguard assets and ensure the integrity of financial information, helping to identify and mitigate specific fraud risks, such as inventory theft and record manipulation. The results of the study conducted highlight that manufacturing companies have a diverse understanding and apply different internal control systems. While some use globally recognized frameworks such as the COSO Model, most develop customized systems tailored to their specific needs. Supervision and continuous monitoring are highly valued and considered effective in detecting fraud. Fraud prevention training is frequent, with variations in its regularity. Companies show a proactive approach with semi-annual or quarterly reviews to detect irregularities, internal control systems are effective and allow for high financial fraud prevention and resilience, which strengthens the companies' competitive position in the market