Potential Development Using Managerial Accounting Technique to Increase Income of Organic Fertilizer Production Community Enterprise in Baan Pong Arng, Muang Na Sub–district, Chiang Dao District, Chiang Mai Province

Abstract

This study was a participatory action research with three purposes: 1) to study the community context, problems, and obstacles in the operation of organic fertilizer production community enterprise, 2) to analyze factors affecting the success of the enterprise by using managerial accounting technique to increase income, 3) to study potential development guidelines by using managerial accounting technique to increase income of organic fertilizer producers in Muang Na sub-district, Chiang Dao district, Chiang Mai province. The researcher collected the data from questionnaires, survey, in-depth interviews, and small group seminar and trainings on household accounting to record revenues and expenses. The findings revealed that the main problems and obstacles were the high costs of production.  The strength was their good attitudes to ward the organization. The weaknesses were the high costs of raw materials which were corn stalks; poor packaging, low quality products and lack of production continuity. However, the good prospect of the product is it is in high demand.  The obstacle was the lack of working capital. By using the  managerial  accounting technique by the balanced scorecard (BSC) it was found that: 1) in terms of financial problems, there was no financial stability, no backup fund, and no annual financial report to public, 2) in terms of customers, the image of the products was very satisfactory, 3) in terms of the working process, there was an emphasis on punctuality, job evaluation, improvement of attitudes of staff and committee  4) in terms of learning and development, staff cooperated well. They had received trainings which encouraged them to develop their potential and to work effectively and successfully.