The Study of Bookkeeping and Problems Obstacles on Bookkeeping of Community Enterprises in Mueang District, Buriram Province

Abstract

The objective of this study was to examine the accounting practices and the problems and obstacles in accounting implementation among community enterprise groups in Mueang District, Buriram Province. Data were collected through questionnaires and interviews with accounting officers from 155 community enterprise groups were selected by using convenience sampling. The data were analyzed using descriptive statistics, including percentage, mean, and standard deviation.

The results of the study on accounting practices revealed that 53.50% of community enterprises used the accrual basis of accounting. Accounting records were prepared in cost and profit books, cash books, and general journals at 60.60%, 47.70%, and 35.50%, respectively. Posting to the general ledger was found at 25.80%. Subsidiary ledgers for accounts payable and accounts receivable were prepared at 25.80% and 10.30%, respectively. general journals Additionally, financial statements were prepared as follows: income statement (27.10%), statement of financial position (25.80%), statement of cost of production and cost of goods sold (21.90%), notes to financial statements (19.40%), and statement of cash flows (16.10%). Regarding problems and obstacles in accounting practices, the most significant issue was the utilization of accounting information, which was at a high level (Mean = 3.72, S.D. = 1.41), followed by principles and methods of accounting (Mean = 3.61, S.D. = 2.99) at a high level. The aspects of accounting personnel’s knowledge and ability (Mean = 3.44, S.D. = 1.47), supporting documents (Mean = 3.01, S.D. = 1.61), and internal control (Mean = 2.36, S.D. = 1.62) were at a moderate level.