Participation in Risk Management of Finance and Accounting of a Private University Personnel

Abstract

          The study of this research aimed to study and compare the level of participation in risk management practices of finance and accounting of a Private University and seek for guidelines to control and manage the risks of finance and accounting jobs of a Private University. The combining methodology between quantitative research and qualitative research was used for this study.  The populations were 98 personnel of a Private University in academic year 2555. They were purposive sampling and had engaged with budgetary, financial and accounting operation of each work unit. Tools used in the research were questionnaires and interviews. Statistics used in data processing consisted of frequency, percentage, mean, standard deviation, t-test and F-test one way ANOVA including data analysis from interviews.

          The research study found that the level of participation of the overall sample in practicing risk management of finance and accounting was high in the first three aspects which were objective specification, risk management and risk identification respectively. The level of participation of the sample was intermediate in the aspects of evaluation and follow-up. In addition, it found that the sample working for the colleges and the sample working for the academic support sections had a different level of participation in risk management of finance and accounting at statistical significance of .05.  It also revealed that the sample working for different colleges had a different level of participation in risk management on risk evaluation at the statistical significance of .05.