Risk Management Factors Influencing the Operational Performance of Finance and Accounting Practitioner in Agencies under the Office of the Judiciary
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Abstract
This research aimed to study the risk management factors influencing the operational performance of finance and accounting practitioners in agencies under the Office of the Judiciary and its guidelines. This research was quantitative research. The sample consisted of 166 financial and accounting practitioners from agencies under the Office of the Judiciary, selected based on the structure of the Court of Justice and jurisdiction of courts across the Kingdom, using stratified sampling method. A questionnaire was used as the data collection tool. The statistical methods employed for data analysis included mean, standard deviation, and multiple regression analysis. The results revealed that 1) operational risk management and financial risk management significantly influenced the performance efficiency of finance and accounting practitioners at the .05 level. 2) Risk management should focus on developing risk management guidelines in each area, including legal and regulatory compliance, operations, finance, and information technology. If an organization establishes risk management guidelines aligned with operational performance in terms of accuracy, completeness, auditability, and timeliness, it will support the agency in achieving its goals effectively.
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