Budgeting Analysis of Phetchaburi Rajabhat University, Fiscal Year 2019 to 2023

Abstract

            The objectives of this analysis are 1) to analyze the revenue budget estimated from fiscal years 2019 to 2023. 2) to analyze the final revenue received of Phetchaburi Rajabhat University from fiscal years 2019 to 2023. 3) to analyze and compare the actual revenue received with the revenue budgeted.

            This analysis is a budgeting study for Phetchaburi Rajabhat University. Analysis in the estimated revenue budget section. Perform analysis by studying the revenue budget from the annual financial report, Phetchaburi Rajabhat University including related documents from fiscal years 2019 to 2023. This study utilized secondary data collected from the university's official documents and financial reports. The data were processed using Microsoft Excel, where they were organized and stored in a tabular format designed by the researcher. The information was then compiled for analysis, calculating sums, differences, and percentages. The analytical findings are presented through tables and charts, employing quantitative descriptive statistics such as means and percentages, to compare the estimated revenue with the actual revenue for each fiscal year.

            The research results of analysis over the 5 fiscal years found that the university's revenue budget has been steadily declining. Therefore, the suggestion from this analysis is that university executives should consider limiting the revenue budget consistent with the actual revenue. The spending of other source budgets and the search for extra income should be pushed forward. In addition, the strategy and important plans of the university should also be considered to drive.