Development of a Model of Accountings Information for Managing Private Vocational Education Institution

Abstract

          The research aims to development A model of accounting information for managing private vocational education institution. By combining research between qualitative and quantitative research. The three purposes of this research were 1), to determine the components of The accounting information of the Private Vocational Education Institution 2) to develop A model of accounting information for managing private vocational education institution and 3) to experiment the model of accounting information for managing private vocational education. The research procedures consisted of three stages as follows; Phase 1) Studying the components of The accounting information through related documents and research. Phase 2) Developing the tentative model of accounting information for managing. Phase 3) Experimenting the drafted model by seminar group, using the sample of 38 administrators of Private Vocational Education Institutions. Statistics used in quantitative data analysis are percentage, mean and standard deviation. Analysis of components and qualitative data using content analysis. The research found that there are 9 keys components such as 1. Budgeting 2. Capital Budgeting 3. Responsibility Accounting 4. Activity-based Costing 5. Cash Flow Management 6. Unit Cost 7. Variance Analysis 8. Balance Scorecard and 9. Using Cost in Decision Making. The experimentation was conducted with 38 administrators of Private Vocational Education Institutions. Research instruments of this study are as follows: 1) The pre-and post-training, A paired t-test was employed and revealed that the average score on the post-training knowledge assessment was higher than pre-training with 0.01 statistical significances which indicated that the training did help to improve the trainees' knowledge. 2) The trainee's satisfaction questionnaires indicated that the trainees exhibited the highest satisfaction in terms of knowledge and ability to apply for the work (  = 4.39, S.D. = 0.54). 3) The asking questionnaires from 38 trainees indicated model of accounting information for managing private vocational education are the useful for objective and efficiency of private vocational education at the high-highest level.