Open AccessInternal control: strengthening policy enging in non-profit organizations
Author(s) -
Alex Humberto Herrera-Freire,
Alexander Geovanny Herrera-Freire,
Diana Elizabeth Tuarez-Solorzano,
Katherin Yessenia Triana-Jimenez
Publication year - 2021
Publication title -
revista de planeación y control microfinanciero
Language(s) - English
Resource type - Journals
ISSN - 2444-5037
DOI - 10.35429/jmpc.2021.19.7.1.6
Subject(s) - inefficiency , internal control , business , control (management) , accounting , profit (economics) , management control system , control environment , process management , internal audit , audit , economics , management , microeconomics , joint audit
The purpose of this research is to determine the strengthening that non-profit organizations obtain through the application of internal control policies, that is to say the internal control of the institutions will be analyzed, because it is an indispensable tool for the development of administrative management, financial and accounting, allowing reasonable security for the fulfillment of institutional goals. A research study was carried out using the descriptive methodology, so the reading of scientific articles and the bibliographic review was carried out, obtaining information on the strengthening and importance of internal control policies in non-profit organizations. On the basis of the research carried out, it was found that many of the organizations do not have a specific control policy, and this would result in inefficiency and inefficiency in the operations they carry out causing them weaknesses. With a good internal control system, it helps them to develop guidelines and compliance standards so that procedures and activities are carried out efficiently and effectively, allowing no errors and fraud to be reported.