INTERNAL CONTROL AND TAX MANAGEMENT OF SMES IN THE SHRIMP FARMING SECTOR OF THE PEDERNALES CANTON - MANABÍ

Abstract

DOI: https://doi.org/10.46296/yc.v9i17.0785

Abstract

This study analyzes the relationship between internal control and tax management in shrimp SMEs in the Pedernales canton, Manabí. The lack of internal controls is associated with non-compliance with tax obligations, leading to penalties and jeopardizing business sustainability. Using a qualitative methodology, a questionnaire developed in SPSS was applied to owners, administrators, and accountants to assess tax management and the implementation of internal control mechanisms. The results indicate that many companies have weaknesses in this area due to a lack of regulatory knowledge, poor financial planning, and the absence of audits. Despite awareness of the importance of accounting and tax control, difficulties persist in the declaration and payment of taxes such as VAT and income tax. Additionally, inadequate staff training and business informality exacerbate tax compliance issues. The study's conclusions suggest that internal control is key to optimizing tax management, reducing fiscal risks, and improving business sustainability. Likewise, the digitalization of tax compliance and regulatory training can minimize errors and increase the accuracy of financial information used by companies. Ultimately, strengthening internal control not only contributes to regulatory compliance but also enables more efficient tax management, ensuring the sustainable development of shrimp SMEs in a competitive business environment.

Keywords: internal control, tax management, SMEs, shrimp farming sector, tax compliance, financial planning, accounting digitalization.