AN ANALYSIS OF THE INTERNAL CONTROL SYSTEM EFFICIENCY OF THE EDUCATION INSTITUTIONS UNDER THE OFFICE OF THE VOCATIONAL EDUCATION COMMISSION IN BANGKOK

Abstract

The purposes of this research study were to study the demographic factors affecting the internal control system efficiency based on the concept of COSO and operating performance, to study the relationships among the administrative factors, the internal control system efficiency, and operating performance, and to study the relationships between the internal control system efficiency based on the concept of COSO and performance efficiency. The population included a total of 2,029 of executives, instructors, and staffs from the 20 education institutions under the Office of the Vocational Education Commission in Bangkok. As a result, the samples consisted of 334 participants, and the questionnaire was used as an instrument for data collection. Statistics used for data analysis included Frequency, Percentage, Mean, Standard Deviation, the Independent Samples t-test, F-test (One-way ANOVA), Least Significant Difference (LSD), and Pearson Simple Correlation. The results could be concluded into 5 points: (1) the demographic factors including age and work experience affected the internal control system efficiency based on the concept of COSO in the aspects of risk assessment, information technology and communication, and follow up and evaluation; (2) the demographic factors including age, work experience, and level of education affected performance where age and work experience affected the quality of work, work quantity, time, methods, and expenses while the level of education affected the quality of work and work quantity; (3) the administrative factors including readiness of personnel and trainings were positively related to the internal control system efficiency based on the concept of COSO in a term of risk assessment at medium level as an overall; (4) the administrative factors including readiness of personnel and trainings were positively related to performance in terms of the quality of work and work quantity at low level as an overall; and (5) the internal control system efficiency based on the concept of COSO in the aspect of risk assessment was positively related to performance in terms of the quality of work and work quantity at medium level as an overall.