Conducting the Accounts of the Food Processing Community Enterprises in Phetchabun Province

Abstract

            This research presented the accounting enterprises of food processing community enterprises in Phetchabun province. The study aimed to (1) study the accounting practices and the condition of the food processing community enterprises, and (2) study problems and threats in the accounting of the food processing community enterprises in Phetchabun province.

            The research methodology divided into 3 steps, consisted of (1) the study of the research  related documents and studies for the necessary data to use for the tool design of the data collection, (2) the development of the data collection tool, the questionnaire and the structural interview form, y using the conceptual framework and the key information from the related research and documents, and (3) the data analysis by the computerized, statistical software. The descriptive statistics used in the study were frequencies, percentages, means, and standard deviations. The population of the research was the 165 community enterprises in food processing community enterprises in Phetchabun province that were registered in Phetchabun province Agriculture Office, as of October 1^st, 2015.

            The results showed that the majority of the respondents were female, aged between average, and joined the accounting training at 1 time per year. It found that the community enterprises had their members were between 1 to 10 people, and had the registered capital was between 10,000-50,000 Baht. To the accounting practice, the majority of the community enterprises conducted the accounting, had the accounting books and the accounting documents for the recording included cash receiving books and cash expense books, member’ share registration and raw materials registration, receivable accounts, the receipts and product registration, and made the hand-writing accounting. The study concluded that 165 community enterprise practiced the accounting records in every transaction when it had the revenues and the payments, this accounted for 100.00%, 100 community enterprises practiced the monthly income accounting, it accounted for 60.60%, 128 community enterprises did not practice the financial statements, accounted for 77.75%, 37 community enterprises annually practiced the financial statements, this only accounted for 22.42%, 55 community enterprises utilized the accounting data for their enterprise planning, it accounted for 33.33%, and 18 community enterprises utilized the data for the enterprise group management, accounted for 10.90%, Overall, it found that the problem and threat of the accounting practice were at the medium level, the average value was 3.00 and its standard deviation was 0.978.