Effects of internal control in the financial performance of micro money remittance and transfer businesses in selected cities in Cavite / by Hersy Laine Emperador, Mark Aloysius G. Sanchez, Michelle P. Sia and John Louie E. Sierra.

By:

Emperador, Hersy Laine [author]

Contributor(s):

Material type: Text

TextLanguage: English Publication details: Indang, Cavite : Cavite State University- Main Campus, 2022.Description: xvii, 145 pages : illustrations ; 28 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

DDC classification:

658.155 Em7 2022

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Click here to view the Abstract and Table of Contents

Production credits:

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

Abstract: EMPERADOR HERSY LAINE, SANCHEZ MARK ALOYSIUS G., SIA MICHELLE P., SIERRA JOHN LOUIE E. Effects of Internal Control System to the Financial Performance of Micro Money Remittance and Transfer Businesses in Selected Cities in Cavite. Undergraduate Thesis. Bachelor of Science in Accountancy. Cavite State University, Indang, Cavite. August 2022. Adviser: Dr. Dolores L. Aguilar, CPA, DBA. The coronavirus of 2019 has had an adverse effect to the performance of every money remittance and transfer businesses all around the world which includes the confidence entrusted by the stakeholder to the management, thus, affecting the internal control set by those in charge in governance. This study aimed to determine the effects of the internal control system on the financial performance of micro money remittance and money transfer businesses in the selected cities in Cavite. In addition, this study was conducted during 2021 in the presence of the Coronavirus pandemic. The survey questionnaires were distributed among the micro remittance and transfer businesses based across the selected cities of Cavite. Participants were divided into two categories (manager and staff) and asked to answer two sets of surveys applying the descriptive and correlational method, and multistage sampling, regarding internal control and financial performance. Analysis of the results demonstrated that the micro remittance and transfer businesses in Cavite had fully implemented internal control, and their financial performance was very good. The results indicated that the internal control system was a significant negative predictor of financial performance. It implies that for every no improvement or significant change on the internal control system there is an increase on the financial performance of micro money remittance in selected cities in Cavite. Due to this, it is recommended that the management must implement an internal control system that are feasible and cost effective in order to maintain the level of financial performance of their operation.

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Holdings
Item type	Current library	Collection	Call number	Materials specified	URL	Status	Notes	Date due	Barcode
Theses / Manuscripts	Ladislao N. Diwa Memorial Library Theses Section	Non-fiction	658.155 Em7 2022 (Browse shelf(Opens below))		Link to resource	Room use only	T-9095		00081972

Thesis (Bachelor of Science in Accountancy) Cavite State University.

Includes bibliographical references.

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

EMPERADOR HERSY LAINE, SANCHEZ MARK ALOYSIUS G., SIA MICHELLE P., SIERRA JOHN LOUIE E. Effects of Internal Control System to the Financial Performance of Micro Money Remittance and Transfer Businesses in Selected Cities in Cavite. Undergraduate Thesis. Bachelor of Science in Accountancy. Cavite State University, Indang, Cavite. August 2022. Adviser: Dr. Dolores L. Aguilar, CPA, DBA.

The coronavirus of 2019 has had an adverse effect to the performance of every money remittance and transfer businesses all around the world which includes the confidence entrusted by the stakeholder to the management, thus, affecting the internal control set by those in charge in governance. This study aimed to determine the effects of the internal control system on the financial performance of micro money remittance and money transfer businesses in the selected cities in Cavite. In addition, this study was conducted during 2021 in the presence of the Coronavirus pandemic. The survey questionnaires were distributed among the micro remittance and transfer businesses based across the selected cities of Cavite. Participants were divided into two categories (manager and staff) and asked to answer two sets of surveys applying the descriptive and correlational method, and multistage sampling, regarding internal control and financial performance. Analysis of the results demonstrated that the micro remittance and transfer businesses in Cavite had fully implemented internal control, and their financial performance was very good. The results indicated that the internal control system was a significant negative predictor of financial performance. It implies that for every no improvement or significant change on the internal control system there is an increase on the financial performance of micro money remittance in selected cities in Cavite. Due to this, it is recommended that the management must implement an internal control system that are feasible and cost effective in order to maintain the level of financial performance of their operation.

Submitted to the University Library 09/28/2022 T-9095

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