Development of revenue and expense accounting systems: College of Innovation Management, Rajamangala University of Technology Rattanakosin

Abstract

THE OBJECTIVES OF THIS RESEARCH WERE: (1) TO STUDY REVENUE AND EXPENSE ACCOUNTING SYSTEM DEVELOPMENT, (2) TO STUDY DATA STORAGE SYSTEM, (3) TO STUDY ACCOUNTING SYSTEM MANUAL IN MAKING, AND (4) TO STUDY MANAGEMENT FINANCIAL REPORT. CONCEPTUAL FRAME WORK WAS BASED ON ACCOUNTING SYSTEM DESIGN THEORY AND COMMITTEE OF SPONSORING ORSANIZATIONS OF THE TREAD WAY COMMISSION INTERNAL CONTROL (COSO IE) PURPOSIVE SAMPLING TECHNIQUE WAS APPLIED TO SELECT 12 EMPLOYEES INVOLVING IN ACCOUNTING TASKS AND USINS FINANCIAL REPORT AT COLLEGE OF INNOVATION MANASEMENT TO ANSWER SELF-REPORTED QUESTIONNAIRE. DATA WERE ANALYZED BY CONTENT ANALYSIS RESEARCH FINDINGS REVEALED THAT: (1) APPROPRIATE REVENUE AND EXPENSE ACCOUNTING SYSTEM WAS WELL SUITED WITH COLLEGE OF INNOVATION MANASEMENT'S ORGANIZATION STRUCTURE, (2) SEARCHING FOR ANY ACCOUNTING INFORMATION COULD BE DONE RAPIDLY, (3) ACCOUNTING PROCEDURE MANUAL WAS AVAILABLE, AND (4) FINANCIAL REPORT HAD MET MANAGEMENT'S REQUIREMENTS.