Influence of financial accounting on risk management in credit unions

Abstract

This research analyzes the contribution of financial accounting to risk management in savings and credit cooperatives (COAC) in Cuenca, Ecuador, under the Ecuadorian regulatory framework. The problem lies in the inadequate integration of financial accounting with risk management systems in these entities. Its objective is to identify how financial accounting influences decision-making related to risks in COAC. The research was carried out using a non-experimental design and a mixed approach, which combined quantitative and quantitative methods, surveys were applied to managers and employees. The results show that, although financial accounting is important for risk management, its application is insufficient, which limits effectiveness in the prevention and control of threats. It is concluded that correct implementation of financial regulations along with a more effective integration between both areas is essential to achieve more optimal threat management in the COAC in Cuenca.