The Quality of the Accrual Basis Affecting the Decision Making of Loei Hospital’s Administrative Staff

Abstract

This current applied research was to examine the quality of the accrual basis whichaffecting the decision making of Loei hospital’s administrative staff. This study aimed to studythe factors influenced the decision making of Loei hospital’s administrative staff on the hospitalexpense, to elicit the problems caused by the accrual basis that affecting those ones’ decisionmaking and to find out the solution for them to manage the hospital budget. Tools in thisstudy composed of 1) the financial data from financial report of the fiscal year 2014-2016, 2)the questionnaires for hospital staff. Participants for this study consisted of the director, deputydirectors and the heads of all departments and work units of hospital, total 59 peoples. Statisticsused for data analyzing was consisted of percentage average (X) and standard deviation (S.D.)

Result: when comparing the data from the financial report between the fiscal years2014-2016 by percentages, found that both income and outcome were compatible, when theincome was high, the outcome was high too. The outcome had a reliability point at good level.When the administrators need to expense budget for a specific purpose, he/she must neednotation correspondence. The administrators’ opinion mostly agrees that financial reports canhelp to made up characteristics of the organization, accounting information quality and theeffectiveness of decision making. The average point is 3.51-4.50 at good level. To considerhow important each topic, reliability was first priority. Deal with the accounting work need tobe careful to the perception of an uncertain favor. The second was decision making. Accurateinformation in financial report helps decision marketing on the relevant problem in time.

Conclusion: the financial information is reliable accounting information to help in decision making features in the organization accounting data, quality decision making rank in a good level