INFLUENCING FACTORS OF ACCOUNTING SYSTEM MANAGEMENT EFFICIENCY UNDER THE OFFICE OF VOCATIONAL EDUCATION COMMISSION

Abstract

This research aims to 1) study the factors of variables affecting the accounting management efficiency (AME) and financial report quality (FRQ) of educational institutions under the Office of Vocational Education Commission, 2) to study AME affecting FRQ of educational institutions under the Office of Vocational Education Commission, and 3) to create a manual of AME and FRQ of educational institutions under the Office of Vocational Education Commission used to develop the accounting work of educational institutions in a concrete manner. Mixed methodology as well as research and development had a three-step process: step 1 - qualitative research using the Delphi Technique for collecting data to study the factors, step 2 - quantitative research for collecting data to create the model of factors, and step 3 - evaluation and validation of feasibility. The population and sample consisted of 429 educational institutions under the Office of Vocational Education Commission, the Ministry of Education in Thailand, arisen from a simple random sampling method. The respondents were directors/deputy directors of resource management and accounting supervisors/officers/operators. The research instruments were questionnaire and interview form. The data were analyzed using confirmatory factor analysis (CFA) and structural equation model analysis (SEM). The results showed that the CFA model was used to examine measurement model variability of five latent variables as follows: internal control and risk management (ERM), accounting performance (ACP), accounting technology (ACT), AME, and FRQ. It was found that CFA model that of ERM was fit to the empirical data.