The Development of Accounting Knowledge for Analysis on Cost and Return of Community Products in Mon Pin Subdistrict, Fang District, Chiang Mai Province

Abstract

The purpose of this research was to develop the accounting knowledge to analyze the cost and return of community products for entrepreneurs in Mon Pin subdistrict, Fang district, Chiang Mai province, with participatory action research. It related into the researcher, administrators, and entrepreneurs. The accounting training and workshop on accounting and cost has been analyzed for community entrepreneurs. The questionnaire was used to assess the accounting knowledge before and after training. The community entrepreneurs have been trained for 3 months. The researcher has evaluated the accuracy of accounting and cost analysis before and after the actual practice. The results showed that the development of accounting knowledge by training has been improved by accounting skills on calculating with real cost in each product type, appropriate techniques for sales pricing, accounting summarization, and financial statement for community entrepreneurs. The sample was 100 participants with the knowledge score on accounting after the training. It has been increased from 7.66. The community entrepreneurs were able to keep their accounts more accurate than before by 27 percent. In terms of the cost accounting workshop, the training has been calculated by the actual cost and the principles on appropriate selling price. The finding found that some community entrepreneurs’ products have given an inappropriate price due to the setting of original price. It was lower than appropriate price considering with the desired profit. The community entrepreneurs should adjust the selling price with accounting knowledge. It was a guideline to calculate the cost and set the selling price of the new products at the highest efficiency.