Hyperinflation in Venezuela, and its Financial Audit Effects

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C: FINANCE3AC9K

High inflation impacts financial audits and stability in Venezuela’s economy.

Hyperinflation in Venezuela, and its Financial Audit Effects

Wladimir García C.
Wladimir García C.
DOI

Abstract

This documentary research, through activities carried out in Audit and Assurance II, aims to identify problems studied in terms of effects of hyperinflation in Venezuela on financial audit processes, analyzed by seventeen (17) Sixth semester students in the Public Accounting career at the Universidad Católica Andrés Bello, developed during the months of October to December 2019. Among the most outstanding conclusions, the fact that hyperinflation generates profound distortions in financial statements can be observed.

Hyperinflation in Venezuela, and its Financial Audit Effects

This documentary research, through activities carried out in Audit and Assurance II, aims to identify problems studied in terms of effects of hyperinflation in Venezuela on financial audit processes, analyzed by seventeen (17) Sixth semester students in the Public Accounting career at the Universidad Católica Andrés Bello, developed during the months of October to December 2019. Among the most outstanding conclusions, the fact that hyperinflation generates profound distortions in financial statements can be observed.

Wladimir García C.
Wladimir García C.

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Wladimir García C.. 2026. “. Global Journal of Management and Business Research – C: Finance GJMBR-C Volume 22 (GJMBR Volume 22 Issue C4): .

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Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

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GJMBR Volume 22 Issue C4
Pg. 31- 38
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GJMBR-C Classification: DDC Code: 352.1 LCC Code: KD5295
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Hyperinflation in Venezuela, and its Financial Audit Effects

Wladimir García C.
Wladimir García C.

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