A Study of the Financial Management and Services of Yunnan College of Business Management

Last modified: July 10, 2024
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Title: A Study of the Financial Management and Services of Yunnan College of Business Management

Author: Duan Jinfen

Advisor: Dr. Zhang Li

Degree: Master of Business Administration

Major: International Business Management

Faculty: บัณฑิตวิทยาลัย (Graduate School)

Academic year: 2566 (2023)

Published: MCU Ubonratchathani Journal of Buddhist Studies (JOBU), Vol.5 No.2 May-August 2023  (pp.227-236)| วารสารพุทธศาสตร์ มจร.อุบลราชธานี ปีที่ 5 ฉบับที่ 2 พฤษภาคม-สิงหาคม 2566 (หน้า 227-236)  JOBU   PDF


Abstract

In the context of the government’s new accounting system reform, with the release of various policies, rules and regulations promulgated by the General Office of the State Council, the government has clearly stated that the financial reform of colleges and universities should be the top priority for the development of various undertakings in colleges and universities, and has put forward the concepts of simplifying the process and respecting scientific research talents. The financial management efficiency of colleges and universities directly affects the normal operation of education and teaching in colleges and universities. With the continuous expansion of the scale of schooling, the enrollment ratio is increasing, and the source of funds is diversified. Yunnan College of Business Management has faced problems of weak service consciousness of financial management personnel, unclear fund detailed accounts, and poor information sharing among departments. The research objectives of this study were:  1) To analyze the current financial management problems of Yunnan College of Business Management, 2) To examine the causes and effects of financial management problem of Yunnan College of Business Management, 3) To propose solutions to optimize financial management and services.

This study used the quantitative research method to conduct a questionnaire survey on the College, 150 questionnaires were distributed and 110 were valid. This paper analyzed the collected questionnaire data to determine the current problems of the College and used the Asymmetric Information theory, the Business Process Reengineering theory, and the Internal Control theory to analyze and propose measures for each problem. This study found that: 1) Significant issues in the financial management of Yunnan College of Business Management include inadequate supervisory processes, opaque official card settlement information, and poor risk control in the procurement of self-purchased supplies; 2) These issues stem from a lack of information sharing among departments, a cumbersome reimbursement process, and weak service awareness among financial personnel, which collectively lead to inefficiencies and low service satisfaction; 3) This study proposes several measures to optimize financial management and services, including enhancing internal controls, improving information sharing through the establishment of an on-campus information platform, and increasing service efficiency by introducing a financial secretary system and consultation services.

Keywords: financial management in college, financial internal control, financial service


A Study of the Financial Management and Services of Yunnan College of Business Management

6317195808 DUAN JINFEN 2566 (2023) A Study of the Financial Management and Services of Yunnan College of Business ManagementT สารนิพนธ์ (Independent Study), Advisor: Dr. Zhang Li, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration, International Business Management, Bangkok: Siam University

Academic Year 2023, Graduate School 2023, IMBA, IMBA 2023, Independent Study, Independent Study 2023, Master of Business Administration, Master of Business Administration (International Program) 2023, Master of Business Administration 2023, ปริญญาโท (Master’s Degree), บัณฑิตวิทยาลัย (Graduate School), Master of Business Administration,International Business Management

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