Journal of the Faculty of Accounting, Economics and Administrative Sciences -FACCEA
Welcome! The Journal of the Faculty of Accounting, Economics and Administrative Sciences -FACCEA, is published by the University of Amazonia and the objective of the journal FACCEA is to disseminate through scientific contributions knowledge in the area of Accounting, Economics and Administrative Sciences in the Colombian Amazon Region aimed at the scientific community both nationally and internationally, whose editorial process meets the guidelines and quality standards. The Journal does not charge for the reception and evaluation of articles; nor for those approved for publication. It does not charge APC. Articles can be sent through the e-mail revistafaccea@uniamazonia.edu.co or using the Open Journal System platform of the Universidad de la Amazonia
DESIGN OF THE VALUE CHAIN IN THE PRODUCTION OF PINE RESIN
The Cuban economic model brought with it the restructuring of business relations for its insertion into the market. A study of theoretical approaches related to the approximation of production cycles, production chains and industrial value chain is carried out. Aiming to design a procedure to outline the value chain of pine resin in the Agroforestal company of Pinar del Río, through a qualitative and quantitative methodology where an analysis of the methods to be used to collect information and process the results is carried out. As results, the design of the resin value chain and activities that generate cost and value are obtained, in order to calculate profits in the future. The research findings allow a better understanding of the phenomenon addressed, to position the product against the competition, and strategically direct material and financial resources.
Scientific and technological research articles
Copyright (c) 2025 Journal of the Faculty of Accounting, Economics and Administrative Sciences -FACCEA https://creativecommons.org/licenses/by-nc-sa/4.0
ANALYSIS OF THE NORMATIVE FRAMEWORK FOR THE MEASUREMENT OF PUBLIC USE GOODS CASE: GENERAL SANTANDER PARK OF THE CITY OF FLORENCIA - CAQUETÁ
This document allows establishing the valuation of assets that represent an economic, cultural and social amount, specifically the analysis of the regulatory framework for the measurement of the public use bias “General Santander Park” of the city of Florencia – Caquetá within the legal framework that regulates public accounting in Colombia which aims to give government entities the guidelines required for the preparation of each stage of the accounting cycle, that is, the guidelines for carrying out the recognition, measurement and disclosure of economic facts. The research was developed under the descriptive scope, with a mixed approach, managing to establish a qualitative assessment of the General Santander Park public use property, that is, it was chosen to provide social and cultural responses, which can be addressed from the accounting exercise, consequently, From these perspectives, General Santander Park reflects importance for the population of Florencia Caquetá, cataloging it as the only emblematic, representative, traditional, welcoming and cultural place that the city of Florencia has.
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ENVIRONMENTAL AUDIT PROGRAM TO EVALUATE TEQUILA PRODUCTION IN MEXICO
One of the essential aspects involved in criticizing the current development paradigm of the industrial sector are environmental issues, which are part of each person’s need to care for and protect our planet through different actions in favor of non-pollution. That is why the objective of the research is to design an environmental audit program for the production of tequila, where a descriptive and qualitative methodology is carried out, describing each of the processes involved in the production of tequila, as well as each one of the components involved in the environmental audit program. The results achieved are closely related to the findings found in each of the stages of the program, as well as the work papers used, to achieve the company’s strategic position in the international market from a sustainable and financially sustainable approach.
ELECTRONIC INVOICING IN MICROENTERPRISES OF THE COMMUNE OF NEIVA: PERSPECTIVES
This study analyzes the implementation of electronic billing among micro-entrepreneurs in commune two of Neiva, Huila, from a descriptive quantitative perspective. It examines the micro-entrepreneurs' knowledge of this system and evaluates their perceptions of the advantages and disadvantages of its use. The results indicate a low level of adaptation to the digital system, with only 23% of micro-entrepreneurs incorporating this technology, compared to 77% who have not. The research identifies the need to increase education and support to overcome barriers of inoperability and fear towards digital technology. Additionally, significant benefits such as the optimization of accounting processes and the reduction of paper use, contributing to environmental sustainability, are highlighted. This work underscores the importance of technological adaptation to improve efficiency and competitiveness in the micro-enterprise sector.
BIBLIOGRAPHIC REVIEW OF THE APPLICATION OF THE DATA ENVELOPMENT ANALYSIS (DEA) METHODOLOGY IN THE AGRICULTURAL SECTOR OF COLOMBIA
This article highlights the importance of the research carried out in the Agricultural Sector of Colombia, base don a literatura review of the national intelectual production, using the Data Envelopment Analysis Methodology (DEA); as a nonparametric procedure that makes use of linear programming to evaluate the relative technical efficiency of similar productive units. In this sense, the most relevant factors are found and the elements related to this linear programming tool in applied research in this particular sector are analyzed. It is concluded that the application of this methodology in the agricultural sector in Colombia is very low, where the few investigations that are developed are carried out by universities, finding very little participation in private and state companies.
Emergence as a valuation method contributing to bioaccounting processes in the framework of Ecoaccounting: a literature review
The various global changes concerning political, social, economic and environmental issues have forced man to rethink his daily practices, opening a paradigmatic gap towards an ecocentric vision. Accounting is no stranger to this situation, and has had to reinvent itself day by day to achieve sustainability based on assumptions such as bioaccounting, which orients the accounting process from its postulates; therefore, its main challenge is the valuation of wealth and the unification of valuation methods such as biophysical ones. Thus, this study had a methodological route of non-experimental design of descriptive scope, transactional cut, with a qualitative approach, aiming to analyze the emergy as a valuation method that contributes to the bioaccounting processes within the framework of eco-accounting. From the documentary analysis, it is inferred that compared to the magnitudes for energy analysis from the postulates of thermodynamics, the emergy is presented as the valuation method with greater methodological clarity, heading towards the sustainability of ecosystems, allowing the accounting and interpretation of natural elements and phenomena from the flows of materials, energies and capital, contributing to the understanding of the interactions of human beings and nature within the planet.
Importance of implementing the ISO 26000 social responsibility standard in companies
This article studies the adoption of ISO 26000 from a dynamic and reﬂective analysis with a qualitative research approach, through a documentary review of the scientiﬁc literature published between 1999 and 2021 in the Scopus platform database, all to identify the main beneﬁts generated by the implementation of this standard as a strategic competitive business element from the Social Responsibility – SR approach. In this sense, this research identiﬁed that implementing strategies that promote SR actions is currently an effective way to promote organizational development due to the great beneﬁts they generate in terms of added value and competitive advantages, aspects that show the importance and need for companies to adopt the ISO 26000 standard as a management model oriented in the Sustainable Development Objectives - SDG
Copyright (c) 2022 Journal of the Faculty of Accounting, Economics and Administrative Sciences -FACCEA https://creativecommons.org/licenses/by-nc-sa/4.0
STOCHASTIC VOLATILITY APPROACH TO THE HESTON MODEL IN EX-TRADED MUTUAL FUNDS (ETF´s)
In this study, we model the growth rate and daily volatility of a set of exchange-traded funds (ETFs) with a periodicity from 2018 to 2023. First, we organize the data to derive the initial parameters. We then use the maximum likelihood estimate together with the data from each ETF to calibrate the parameters of the Heston model. Finally, we use the calibrated parameters to simulate 1,000 trajectories for each ETF over a period of one trading year. The study found that the SOXL ETF had the best annual performance, while the XLF ETF had the lowest. The LABU, FXI, IWM, and SOXL ETFs were more volatile and had negative correlations with their underlying indices, while the PSQ, OLK.IL, and XLF ETFs were less volatile and had positive correlations. Finally, reduced-risk investments were discovered, including the low volatility PSQ ETF and the moderately volatile but positive growth rate SPY ETF. On the other hand, riskier assets were discovered, including the highly volatile LABU ETF and the extremely volatile SOXL ETF with a negative growth rate.
Personal characteristics and factors influencing the entrepreneurial intention of mothers of families
This research analyzes the entrepreneurial intention in mothers of beneficiary families of Movimiento Fe y Alegría in the northern area of Bucaramanga, Santander. The analysis is made to a total of 20 population groups taking into account sociodemographic factors; namely, age, number of children, marital status, educational level and employment status. Based on interpreting how personal characteristics and environmental factors influence the entrepreneurial intention of the object of study. The methodology used was a quantitative research, with a descriptive approach and a non-experimental and cross-sectional study design. The most representative findings provide evidence of a positive predisposition for the creation of business units, mediated by personal characteristics inherent to risks, listening skills, internal locus of control, problem solving, discipline and passion, as well as environmental factors related to family support. At the same time, the mothers' interest in receiving training, mainly in administration, entrepreneurship, and beauty, is highlighted.
Copyright (c) 2021 Journal of the Faculty of Accounting, Economics and Administrative Sciences -FACCEA https://creativecommons.org/licenses/by-nc-sa/4.0
The ordinary colombian judicial system vis-à-vis the special indigenous jurisdiction for the prosecution of a member of their community
This article shows the conflicts that arise when confronting principles of ethnic and cultural diversity of the indigenous jurisdiction, at the time of judging a member of their community before the ordinary justice. In this context, a jurisprudential analysis is carried out, implementing a qualitative approach, based on a hermeneutic design, at an analytical descriptive level. The article reports on the main problems that were identified in this area, concluding that the administration of indigenous justice must be carried out according to their ancestral ways and customs, implying this the ability they have to create their laws and regulations and to impose sanctions to be given for the breach of these norms and rules, being as limits the fundamental rights of the Magna Carta.
INCIDENCIA DE LA REGULACIÓN DEL MODELO ESTÁNDAR DE CONTROL INTERNO EN LAS ENTIDADES DEL SECTOR PÚBLICO EN COLOMBIA
A través de la presente investigación se pretende identificar la incidencia de la regulación del Modelo Estándar de Control Interno en las entidades del sector público en Colombia, a partir de la comparación de los manuales de aplicación. Siguiendo este propósito, en este estudio se implementó tanto una metodología de carácter cualitativo, la cual implicó un proceso de triangulación de la información obtenida a partir de una revisión bibliográfica y normativa, como la aplicación de entrevistas semiestructuradas. A modo conclusivo, se considera que los objetivos de la actualización del manual sobre MECI no se cumplen; por lo tanto, se podría afirmar que sería más adecuado un modelo mixto para las empresas colombianas.
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RELACIÓN ENTRE INNOVACIÓN Y COOPERACIÓN EN LAS EMPRESAS DEL SECTOR DE CALZADO EN BUCARAMANGA, SANTANDER
La industria del calzado en Colombia es reconocida a nivel internacional, por sus altos estándares en los referentes de diseño y calidad. Sin embargo, en los últimos años dicha industria se ha visto afectada por problemáticas como el dumping y la pérdida de socios o compradores externos. Estas dificultades se han notado con intensidad en las organizaciones de calzado de Bucaramanga, lo cual ha incidido en que existan falencias notorias relacionadas con los procesos de planeación estratégica, aspecto que es sin embargo potencialmente solucionable, por medio de la implementación de estrategias de innovación y asociatividad. En relación con lo expuesto, este artículo busca describir la innovación y la cooperación de las compañías del sector de calzado, a partir tanto de los datos recolectados con base en encuestas de desarrollo e innovación tecnológica implementadas, como en los acuerdos de cooperación; ello, con el fin de vislumbrar el desarrollo de acciones de mejora que han implementado las partes interesadas, a partir de contemplar los indicadores de correlación. Por su parte, los resultados obtenidos indican que, aunque la mayoría de estas empresas aplican modelos de innovación de producto o de mercado, es necesario que aquellas mejoren en algunos aspectos relacionados con la cadena productiva, a la vez que generen mayores alianzas estratégicas, para así obtener una ventaja competitiva sostenible.
ESTUDIO COMPARATIVO ENTRE EL CAPITAL INTELECTUAL DE TRABAJADORES DE LAS GENERACIONES X y Y EN EL ÁREA METROPOLITANA DE BUCARAMANGA, COLOMBIA.
La presente investigación tiene como objeto presentar una comparación que tenga como base el capital intelectual, en una muestra de colaboradores de Bucaramanga y de su área metropolitana, considerando como criterio de inclusión la pertenencia a las generaciones X y Y. Para tal fin, se aplicó un cuestionario basado en el modelo intelect, considerando las dimensiones de capital humano, capital relacional y capital estructural; posteriormente se desarrolló la prueba U de Mann-Withney. Los resultados obtenidos permiten determinar que no existe una diferencia significativa en las dimensiones objeto de estudio, lo cual posibilita generalizar diversas prácticas en las organizaciones, dentro del marco que permite lograr la competitividad y productividad deseada en los mercados específicos.
FILOSOFÍA EMPRESARIAL RESULTADO DEL LIDERAZGO BASADO EN CALIDAD TOTAL EN LAS MIPYMES DE AGUASCALIENTES MÉXICO
Esta investigación surgió a partir de la inquietud de caracterizar las MIPYMES de Aguascalientes México, de acuerdo con el nivel de consolidación que presentan, según el subcriterio establecido como: “Los líderes desarrollan la Misión, Visión, valores y principios éticos y actúan como modelo de referencia”, a partir del criterio de liderazgo del Modelo Europeo de Excelencia Empresarial (basado en calidad total). El interés aquí expuesto se basa en la importancia que tiene para las organizaciones el desarrollo de la misión, la visión y los valores, aspectos que son fundamento para el planteamiento de estrategias, y para la cultura organizacional, a partir de la cual se busca lograr un buen nivel competitivo. La investigación se definió como aplicada y de carácter transversal, misma que se basa en un estudio exploratorio, el cual permite realizar un análisis descriptivo sobre el estado actual de las empresas en estudio, siendo el periodo de referencia el año 2020. Los resultados permiten observar que en las MIPYMES del Estado de Aguascalientes, México, se tiene parcialmente consolidado que son los líderes de la alta dirección, los que establecen la misión, la visión, los valores y los principios éticos, y que estos actúan como modelo de referencia para su colaboradores, pues los resultados obtenidos presentan puntajes apenas por encima del promedio esperado. Además muestran variabilidad entre los atributos evaluados, lo que puede reflejarse en debilidades en una filosofía organizacional que dé un rumbo correcto en función del crecimiento y de la competitividad de las organizaciones, en el mercado. Finalmente, la investigación permitió concluir que se presenta como área de oportunidad, la consolidación de los elementos del subcriterio evaluado, independientemente del tamaño de la empresa o del sector de actividad económica.
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Environmental auditing in Colombia: the impact of regula­tions on organizations’ environmental management
The present research aims to analyze the impact of the Colombian regulation on environmental audit in the environmental management of organizations. A qualitative approach of documentary type is adopted, methodologically based on the proposal of Cedeño and Castaño (2003), who highlight the accumulation of sources as well as the collection and interpretation of information as essential components in qualitative studies. The unit of analysis consists of scientific articles, theses and degree papers, books, laws, decrees and technical standards; from these sources, a systematic review of definitions of environmental audit is carried out and the main norm that regulates both environmental audit and environmental management in Colombia is identified. Based on this norm, an analysis is made of its possible impact on the environmental practices implemented by organizations. This inductive analysis shows that, although there is no explicit requirement for the conduct of environmental audits, guidelines are established regarding the environmental impacts that companies must consider, which in turn: can be used as input to verify compliance through environmental audits. It is concluded that there is a direct relationship between the environmental regulatory framework and the environmental management of organizations, and highlights the importance of environmental audit as a tool for promoting environmental protection and as an instrument of corporate social responsibility.
Contributions of Emerging Accountants to the Valorization of Ecological Wealth in Latin America
The decolonization of knowledge poses the emergence of new philosophical currents that question the understanding of reality under logics that ignore the particularities of the context and territoriality, since hegemonic knowledge is usually implanted by dominant worldviews such as the Anglo-Saxon and Eurocentric that respond to a globalized and capitalist world. Thus, emerging accounting proposes postulates of critical rationalism on the interpretation of it, as a system of information and communication of social facts in order to support decision making and control or responsibility, therefore, this research aims to determine the contributions of emerging accounting in the valuation of ecological wealth in Latin America from a documentary and bibliometric review from a hermeneutic study of heterodox texts. To this end, 156 documents were examined from databases (Scopus and Web of Science). Emerging accounting evidence an advance in the conception of accounting as a moral, political and social science, whose purpose is the rationality of reality from the social facts of organizations through the configuration of a language that allows the construction of a useful information system for the planning and control of actions and impacts (direct and indirect) carried out by social cells. Finally, about the valuation of ecological wealth, the use of various anthropic and biometric valuation methods is proposed, which provide elements for the recognition of the potential of accounting as a multidimensional and interdimensional science that contributes to the conservation, protection and safeguarding of nature; however, the main challenge lies in the definition of materiality in organizations.
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Digital transformation in management accounting: a reflection from the Colombian research context
The article addresses the role of digital transformation in management accounting in the Colombian investigative context. Uses a qualitative methodology of reflexive and documentary character, reviewing publications of scientific journals of public accounting programs accredited in Colombia. The main results indicate that only 23.5% of the journals analyzed published works on the subject, which were predominantly qualitative and descriptive or reflective, based on documentary review. The study concludes that, although there are advances, the field of research in Colombia requires to go beyond empirical studies, to provide practical evidence on the impact of digital transformation on accounting management and on the professional skills of accountants.
Crime and Competitiveness in Emerging Markets.
Introduction: Research on crime economics should contribute to the understanding of criminal activity and its effects on GDP. Objective: To determine the influence of robberies and homicides on economic growth in Colombia for the period 2010-2023 Methodology: the research used a quantitative correlational approach, through the modeling of a time series analysis, using data from the crime observatory of the National Police, terridata and DANE Results: the article shows statistical significance between the relationship between crime and economic growth in Colombia; conclusions: The positive relationship between crime and GDP is a warning signal for competitiveness, which is why in emerging economies structural reforms are required to decouple economic growth from criminal dynamics, prioritizing quality over quantity in development.
ANALYSIS OF THE EPISTEMOLOGICAL EVOLUTION OF CAPITAL STRUCTURE THEORY AND ITS IMPACT ON DECISION MAKING: A BIBLIOMETRIC REVIEW
The purpose of this study is to analyze the theoretical evolution of capital structure from its conceptual foundations to its application in business decision making in Small and Medium Enterprises (SMEs) in Latin America through a bibliometric study based on the analysis of 156 papers extracted from academic databases (SCOPUS and Web of Science), where the main theoretical approaches and their impact on financial management were identified. The results show a growing interest in financial risk management and the need to strengthen access to financing to improve the sustainability of organizations. Therefore, it is imperative to adopt a holistic approach in strategic decision making that considers both financial and organizational factors and that allows adapting theoretical models to the particularities of SMEs in the region. The theoretical analysis allowed us to examine the evolution of capital structure models starting from the classic proposal of Modigliani and Miller (1958, 1963) who postulated the irrelevance of capital structure in perfect markets and, later, the incorporation of the effect of corporate taxes. It also discusses the financial hierarchy theory (Myers, 1984), which suggests a preference for internal financing before resorting to debt or equity issuance, and the trade-off theory (Kraus and Litzenberger, 1973), which postulates a trade-off between the benefits of indebtedness and the costs of bankruptcy as a mechanism for financial optimization. The study also reviews recent research on information asymmetry and its impact on financial decision making, particularly on access to credit by SMEs, which face structural challenges in markets characterized by financing restrictions and government regulations.
STRATEGIES FOR STRENGTHENING LIVESTOCK ENTREPRENEURSHIP: A CASE STUDY OF THE FONDO EMPRENDER IN CAQUETÁ, COLOMBIA
The objective of this research article revolves around the design of strategies for strengthening livestock sector enterprises in the Caquetá region, financed by the Emprender Fund. In this way, the study is carried out in response to a need in the academic and scientific sphere, given the problems faced by the enterprises of this important economic activity in the region. The methodology is approached from the constructivism approach, through mixed research of descriptive and explanatory character, under the use of various techniques for the collection and analysis of information. In this sense, the results show the characterization of entrepreneurs in the livestock sector and reveal the set of strategies to strengthen the factors identified in the business initiatives financed by the Emprender Fund.
Bibliometric analysis of cost coordination across the value chain
The research aims to support the theoretical and methodological framework through a bibliometric analysis. It focused on the historical evolution of management accounting concepts in organizations, strategic management accounting, the specifics of activity-based costing and target costing, and their articulation through pricing across the value chain in tobacco-producing agricultural cooperatives. Statistical techniques were used to analyze the main sources, including keyword counting, journals, and books with the highest number of publications, among others. The results show the use of methods to measure and monitor the instruments applied in the area of ​​costs.
Evolution of the Relationship between Psychology and Economics in the Last Decade: a Trend Analysis and Bibliometric Study
This article explores the evolution of the relationship between psychology and economics during the period 2014-2024, employing a bibliometric analysis of the Scopus database. Focusing on how psychological interactions and phenomena affect economic decisions, the study utilizes the VOSviewer software to visualize trends and collaboration networks in the field of behavioral economics. By analyzing the scientific literature, a growing interest is revealed in how emotional factors, cognitive biases, and social influences impact economic decisions. This analysis not only demonstrates the integration of psychological knowledge into economic theory but also underscores the impact of this research on the development of more effective public policies. By identifying key areas of research and collaboration, this article provides a comprehensive insight into the dynamics between these two disciplines, emphasizing the importance of an interdisciplinary approach to understanding and enhancing economic decision-making in a global context.