Fixed Assets: Basis of the financial structure of the Decentralized Autonomous Municipal Government of the Canton of Esmeraldas

Abstract

Companies consider fixed assets as the largest investments that belong to them, so it is important that each company has controls over these fixed assets, whether internal or external, because in this way information of great importance can be collected to make decisions, this type of inspections are carried out the Office of the Comptroller, executed in accordance with the Ecuadorian Standards of Government Auditing, the regulations, manuals, instructions, guides, among others, issued by the Comptroller General of the State, etc. This research carried out a bibliographic review of scientific articles related to the proper management of assets;  It used the information of the Internal Control Standards of the Office of the Comptroller General of State regarding fixed assets and other regulatory and control bodies, in addition a survey was carried out to a part of the population of this municipality, which is made up of 50 participants in the management of fixed assets. The results obtained show that more than 50% of employees consider that the entity has an efficient management of fixed assets and agree that they are a fundamental part of the financial structure, since the useful life of the assets is calculated at the time of their entry and permanence. To conclude, a correct use and management of fixed assets improves the public procurement process, because when carrying out control and monitoring, it is taken into account whether suppliers should be kept or changed, if companies are offering good quality goods and guarantees.