Effects of Internal Control and Risk Management on Financial, Accounting and Procurement Performances of Rajabhat Universities in Thailand
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Abstract
The purpose of this study was to investigate the effects of internal control and risk management on financial, accounting, and procurement performances of 38 Rajabhat Universities in Thailand. The subjects in this study consisted of 593 financial, accounting and procurement performers under the Office to the President. Data were collected from responses returned by a total of 210 respondents (35.41%). Statistical data analysis encompassed percentage, mean, standard deviation, correlation and multiple regression analysis.
The results of this study showed that the internal control related to information and communication, strategic risk management, personnel risk management, facilities and equipment risk management had a positive effect on the effectiveness of financial, accounting and procurement performances. In addition, the internal control related to control activities, personnel risk management, and facilities and equipment risk management also had a positive effect on the efficiency of financial, accounting and procurement performances of Rajabhat Universities in Thailand.
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