The Effect of Financial Internal Control on Asset Management Effectiveness of Private Vocational Education Colleges in Thailand
Keywords:
Financial Internal Control Asset Management Effectiveness Private Vocational EducationAbstract
Finance internal control is an important process to operate. It is the activity for internal control of organization in order to reduce some risks from corruption which makes disadvantages to the organization. Therefore, the aim of this research is to investigate the effect of financial internal control on asset management effectiveness of private vocational education colleges in Thailand. Mail questionnaire is assigned as data collection instrument collecting from 93 executives of private vocational education colleges. Multiple correlation analysis and multiple regression analysis are assigned as statistical techniques of this research. The result of this research shows that financial internal control in disbursement and report preparation positively relate and affect asset management effectiveness. Moreover, the result also indicates that private vocational education colleges in Thailand should intend to adopt financial internal control into their organization process to enhance the improvement of asset management effectiveness.
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