Role of Internal Audit as a Management and Control Instrument in GADs of Cotopaxi Province, Latacunga Canton

Abstract

This study delves into the role of internal audit as a key instrument to manage and control the Decentralized Autonomous Organizations of the Government (GAD) within the province of Cotopaxi, especially in the Latacunga Canton. Examines various dimensions such as the Code of Ethics, risk assessment, control activities, internal communication and supervision. The research methodology involves data collection through structured surveys in Multiple GAD, analyzing responses to key questions related to ethical standards, risk management, control practices, communication protocols and supervision mechanisms. The results highlight a spectrum of responses highlighting both strengths and areas requiring improvement in different entities. In particular, while most GADs possess and disseminate an accepted Code of Ethics, there are discrepancies in the understanding of acceptable behavior. In addition, strengths are observed in risk management and control activities, although continuous supervision and control reviews need to be improved. The study highlights the need to strengthen internal communication channels and anti-fraud measures to improve administrative management effectively in these entities. This comprehensive analysis aims to provide ideas and recommendations to optimize internal audit practices in the GADs of the province of Cotopaxi, thus contributing to improved governance and operational efficiency in the public sector.