Effectiveness of financial management practices of registered Academic student Organizations in Cavite State University Don Severino De Las Alas Campus, Indang, Cavite / by Arica, Erica D. Arica, Rose Anne C. Dela Rosa and Al Suzette E. Perea.

Thesis (Bachelor of Science in Business Management Major in Financial Management) Cavite State University.

Includes bibliographical references.

College of Economics, Management and Development Studies (CEMDS), Department of Management

ARICA, ERICA D., DELA ROSA, ROSE ANNE C., and PEREA, AL SUZETTE E. Effectiveness of Financial Management Practices of Registered Academic Student Organization in Cavite State University Don Severino de las Alas Campus, Indang, Cavite. Undergraduate Thesis. Bachelor of Science in Business Management major in Financial Management. Cavite State University, Indang, Cavite. January 2020. Adviser: Ms. Princess M. Feliciano.
This study was conducted to determine the effectiveness of financial management practices of registered academic student organizations in Cavite State University Don Severino de las Alas Campus, Indang, Cavite. In detail, the study aimed to: (a) identify the profile of the registered academic student organizations in Cavite State University Don Severino de las Alas Campus; (b) identify the source/s of funds of the registered academic student organizations in Cavite State University Don Severino de las Alas Campus; (c) identify where these registered academic student organizations in Cavite State University Don Severino de las Alas Campus allocate their funds; (d) identify the level of financial management practices of each organization in managing their finances; (e) measure the effectiveness of financial management practices of the organization in terms of budget proposal preparation, cash receipt management, cash disbursement management and record keeping; (f) determine the relationship between the profile of the organization and the effectiveness of their financial management practices; and (g) identify the problems encountered by the registered academic student organizations. Moreover, it was conducted at Cavite State University — main campus in Indang, Cavite from August until December 2019. The participants of the study were the advisers of the academic student organizations from CvSU Don Severino de las Alas Campus who are serving in the position for at least two (2) years. The organization that they handle or have handled is currently registered, academic in nature, and already operating for at least three (3) years. Target participants were asked to answer a survey questionnaire which was composed of 60 statements in 5 parts.
Descriptive statistical tools such as frequency, mean, and standard deviation were used in presenting and analyzing the data gathered. Pearson's Correlation was used to determine if there is a significant relationship between the variables. The study revealed that most of the registered academic student organizations range between 3 to 7 years in terms of number of years in existence; range of 201 to 400 in terms of number of members; range of P20,000 and below in terms of annual budget, and range of P51 to 100 in terms of membership fee. The study also revealed that most of the funds of the student organizations were from the membership fees that they demanded from student members and they allocated it mostly to their approved activities. Generally, the financial management practices of the academic student organizations are moderately effective. In terms of budget proposal preparation, their practices are moderately effective; on cash receipt management, are highly effective; on cash disbursement management, are moderately effective; and on record keeping, are moderately effective as well. The academic student organizations are preparing budget proposal, managing cash receipt and disbursements and keeping records most of the time. There is a significant relationship between the number of years of existence and the effectiveness of the financial management practices of student organizations while between the number of members, annual budget and membership fee and their financial management practices, there is no significant relationship. The study also found out that the most encountered problem of the registered academic student organization in CvSU Don Severino de las Alas Campus was the lack of training and orientation on financial management.

Submitted to the University Library 02/11/2020 T-8395