Análisis de materialidad en los estados financieros de las empresas agrícolas que cotizan en la bolsa de valores en Ecuador, periodo 2019 - 2020

Abstract

Abstract: The present research work entitled "Analysis of materiality in the financial statements of agricultural companies listed on the stock exchange in Ecuador, period 2019-2020", through the implementation of the International Auditing Standard NIA-320 that refers to the Relative importance or materiality in the planning and execution of the audit, in order to determine the limits of materiality for the execution of the audit work; referred to the accounting of figures stipulated by the auditor, below the level of relative importance established for the financial statements as a whole, all with the intention of reducing, to a suitably low level, the probability that the sum of the uncorrected and undetected misstatements is greater than the materiality expressed for the financial statements as a whole. To do this, it has been considered as methodological aspects, a population under study made up of 18 agricultural companies in Ecuador subjected to analysis in their financial statements published by the Superintendencies of Companies, Securities and Insurance for the years 2019-2020. The methodical approach focused on quantitative research at a descriptive level leading to the following findings: the companies that are currently offering on the Stock Exchange with a large part of their own capital backing with an average of 97% participation are shown, being the difference is the composition of the liability, which is represented by taxes generated from the planting and harvesting activity, mainly from teak plantations. In short, there were significant errors in the accounts: property, plant and equipment, profit before tax in agricultural companies listed on the Ecuador Stock Exchange.