The updating of knowledge plays an important role in the development of necessary competences to face significant challenges, and which are fundamental in the economy of the population. This research work aims to strengthen knowledge in accounting, tax, and financial areas of the partners of the Ecuador Investment and Cooperation Foundation of the Province of Santa Elena, year 2019. Through in-depth research, those who received advice and technical assistance financial to fight for the economic development of their ventures to access good living. To carry out the work, the information gathering techniques such as the survey and the interview with their respective instruments will be used, obtaining reliable information from all the partners, which is considered as a source since they are completely related to the object of study. The research was carried out as part of projects to link with the community of the Accounting and Auditing Program at the Santa Elena Peninsula State University, establishing as a result the deficiency of accounting and tax knowledge of the foundation workers, becoming a major problem in the social development of a probation.

Accounting and tax knowledge, Foundation, Investment, good living.