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Submitted December 29, 2020
Published 2020-12-29

Artículos

Vol. 4 No. 1 (2021): REVISTA FAECO SAPIENS

IMPORTANCE OF THE PROJECTED CASH FLOW AS A TOOL OF INTERNAL CONTROL TO KEEP THE BUSINESS RUNNING IN MICROS AND SMALL ENTERPRISES


DOI https://doi.org/10.48204/j.faeco.v4n1a3

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References
DOI: 10.48204/j.faeco.v4n1a3

Published: 2020-12-29

How to Cite

Dakay Vásquez, Y., & Castrellón Calderón, X. (2020). IMPORTANCE OF THE PROJECTED CASH FLOW AS A TOOL OF INTERNAL CONTROL TO KEEP THE BUSINESS RUNNING IN MICROS AND SMALL ENTERPRISES. Revista FAECO Sapiens, 4(1), 43–57. https://doi.org/10.48204/j.faeco.v4n1a3

Abstract

Companies currently have problems in their business management, they do not use Projected Cash Flow  as an internal control tool for efficient finance management, which causes them to lag behind, to face responsibilities in their business model environment, by not having adequate tools for efficient management has no short- and medium-term provision, such as goals for achieving one-off goals, which does not achieve the desired objectives, and otherwise improved trust with suppliers and creditors, leading to a bad image for companies.

 

To achieve efficient internal control, micro and small businesses must look at the minimum rules, policies and processes, in order to achieve the expected results, for this purpose a series of compliances are set out that must be incorporated by every company to improve the gaps they have.

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