Improving financial reporting to a government agency through information dissemination and training
Date of Publication
2017
Document Type
Master's Thesis
Degree Name
Master of Business Administration
College
Ramon V. Del Rosario College of Business
Department/Unit
Decision Sciences and Innovation
Thesis Adviser
Rachel A. Quero
Defense Panel Member
Raymund B. Habaradas
Maria Victoria P. Tibon
Reynaldo A. Bautista, Jr.
Brian C. Gozun
Abstract/Summary
This action research addressed the issue on the GOCCs lack of training in preparing financial reports. We identified the issue through the following manifestations: (1) untimely, (2) incomplete; and (3) inaccurate submission of financial reports by the GOCCs to our group. To collect and validate data, our group used the concept of data triangulation, the ladder of inference, the ORJI model, and the 5-whys, among others. Through these tools, we were able to conclude that the cause of their untimely, incomplete, and inaccurate submission was due to lack of formal training in preparing financial reports. We used the hierarchy of qualitative characteristics of financial information as our tool guide in assessing the reliability and relevance of the financial reports submitted by the GOCCs, and in disseminating the guidelines to GOCCs on proper financial reports. In addition, we used the iceberg model of competencies to help develop the GOCCs knowledge and skills on financial reporting to effectively perform their jobs. Hiatts ADKAR Model was also used in this research. This model focused on the involvement of those who are targets and subjects of change. This was important as we need all the collaborators of this action research to be involved and dedicated in implementing change in our group. Dissemination of financial guidelines was used as an intervention in cycle 1 of this action research to direct the GOCCs on how to properly classify the transactions based on the account titles provided for in the financial reports. Formal training was implemented in cycle 2 to help the GOCCs be familiarized on the format and the proper classification of transactions using the account titles of the financial reports. These interventions improved the timeliness and quality of financial reports submitted by the GOCCs.
Abstract Format
html
Language
English
Format
Electronic
Accession Number
CDTG007140
Shelf Location
Archives, The Learning Commons, 12F Henry Sy Sr. Hall
Physical Description
1 computer disc ; 4 3/4 in.
Keywords
Government corporations--Philippines; Financial statements--Philippines
Upload Full Text
wf_no
Recommended Citation
Gingosa, C. R. (2017). Improving financial reporting to a government agency through information dissemination and training. Retrieved from https://animorepository.dlsu.edu.ph/etd_masteral/5384