Inventory control in the shrimp sector and its contribution in the financial statements

Abstract

The objective was to propose an inventory management and control model, under International Financial Information Standards (IFRS) in shrimp companies in the city of Machala-Ecuador that optimizes the management and determination of inventory costs in the financial statements. Descriptive with non-experimental design. The results showed that a significant number of shrimp farms in the city of Machala do not have inventory control procedures and documents, where the management of their supplies and materials is identified, in this regard, it is advisable to use the kardex stock card to organize and present in a systematic manner the summary information of inventories applying the calculation formula under IAS 2 with the FIFO method. This result has also reinforced the point of view on inventory control policies considering the determination of maximum and minimum levels of production inputs.

Keywords

• inventario
• ganancia
• análisis económico
• análisis costes-beneficio.