| Author | Molika Suy |
| Call Number | AIT RSPR no. SM-01-03 |
| Subject(s) | Nonprofit organizations--Cambodia--Finance
|
| Note | A research study submitted in partial fulfillment of the requirements for the degree of Master
of Business Administration, School of Management |
| Publisher | Asian Institute of Technology |
| Series Statement | Research studies project report ; no. SM-01-03 |
| Abstract | Since the early 1980s international and local NGOs have played an important role in the
development of Cambodia. NGOs have contributed significantly to the development of
various aspects such as the reduction of poverty, improved education, infrastructure, enhanced
project management skills, health care, landmine removal, and gender issues, agriculture,
human rights, and environmental protection.
A finance and accounting system insures that internal and external financial transactions of
the organization are correctly recorded. Finance and accounting management systems
improve on the finance and accounting system by insuring that external transactions are
beneficial for the organization. Finance and accounting management systems in NGOs assure
that donors' requirements are met and funds are correctly spent, this in turn insures the
sustainability of the NGOs. NGO finance and accounting management systems provide
confidence that resources provided by donors to the organizations are used to maximize
output and achievements and carry out the program at the least possible cost. The finance and
accounting management systems provide more control over money which is to be spent
accurately and strictly. The finance and accounting management systems can help the
organizations to avoid fraud and corruption. Finance and accounting management systems are
guiding devices for strategy formulation and implementation of organizational plans. The
dynamic growth of the NGOs warrants continual development by the finance and accounting
management system of the financial systems and procedures that ensure that donors'
requirements are met. The finance and accounting management systems are at the root of
organization performance, which can ensure success in the long run for projects.
Management and donors need to set up and agree to procedures to control money that passes
through the organization. The organization needs internal standards to insure that finance and
accounting procedures are implemented correctly. Some NGO staff follow the finance and
accounting procedures without understanding the reasons for what they do. Due to the use of
finance and accounting systems, problems occur.
Finally, this study provides conclusions, on the practices of finance and accounting systems in
NGOs in Cambodia, on the practices of finance and accounting management systems, and
gives recommendations to improve their performance. |
| Year | 2001 |
| Corresponding Series Added Entry | Asian Institute of Technology. Research studies project report ; no. SM-01-03 |
| Type | Research Study Project Report (RSPR) |
| School | School of Management |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Master of Business Administration (MBA) (Publication code=SM) |
| Chairperson(s) | Swierczek, Fredric William; |
| Examination Committee(s) | Deussen, Arne ; |
| Scholarship Donor(s) | Government of Switzerland/Swiss Development
Cooperation; |
| Degree | Research Studies Project Report (M.B.A.) - Asian Institute of Technology, 2001 |