Factors Related to the Expenditure Budget Preparation Efficiency of Walailak University, Thailand

Abstract

The primary objectives of this research were twofold: firstly, to examine the level of efficiency of budget request preparation at Walailak University, and secondly, to explore the factors influencing this efficiency. Data was gathered through questionnaires distributed to 145 executives and officials involved in the budget request process. Analysis was conducted utilising descriptive correlation coefficient and Cramer’s V statistics to unveil relationships.

The findings revealed a high level of efficiency in preparing budget requests at Walailak University. Factor analysis identified key elements contributing to this efficiency, including: 1) management, 2) skills, knowledge, and abilities, 3) the budget preparation process, and 4) the budget information system. Overall, these factors showed a strong association with the efficiency of budget request preparation at Walailak university. Moreover, the statistical tests conducted confirmed significant relationships between all four identified factors and the effectiveness of budget request preparation at Walailak University, holding significance at the 0.01 level.