Encourage community enterprises through the development of accounting systems for sustainability

Abstract

          This research on encourage community enterprises through the development of accounting systems for sustainability is a qualitative research which had objectives to (1) study the current condition of accounting for the products of Baan Lum Toei Community Enterprise Group, Khun Thale Sub-district, Lan Saka District, Nakhon Si Thammarat Province. (2) Enhancing the development of accounting systems for sustainability of the products of Baan Lum Toei Community Enterprise Group, Khun Talay Sub-district, Lan Saka District, Nakhon Si Thammarat Province. The study population was Ban Lum Toei Community Enterprise, Khun Thale Sub-district, Lan Saka District, Nakhon Si Thammarat Province. In this regard, the research team used an in-depth interview research tool with the board of directors of the enterprise.

         The results showed that (1) the current condition of accounting for community enterprises; There were problems encountered about accountants who did not have a proper accounting record system in accordance with accounting principles. Incomplete posting references In addition, accountant and finance was the same person, which was contrary to the principles of internal control. (2) The development of the community enterprise accounting system were divided into 3 types, namely, documents supporting accounting records, accounting books, and summary of financial statements which were an important resource leading to competitive advantages, could to reduce the risk of loss caused by sunk costs and the summary of financial statements can create credibility for members as well as able to control expenses. The production cost of community enterprises effectively makes for the Baan Lum Toei Community Enterprise Group sustainable in the future.