Philippine E-Journals

Enhanced Accounting System of Sta. Cecilia Catholic School Foundation Inc., a Non-Stock, Non-profit Educational Foundation in Barangay Canlubang, Calamba City, Laguna

Jemma Alica F. Pineda | Marjorie Joy O. Regalado | Marie France P. Villareal

Discipline: Accountancy

 

Abstract:

The study aimed to enhance the present accounting system of Sta. Cecilia Catholic School Foundation, Inc. through the implementation of the proposed system.

The study utilized the descriptive research method to thoroughly explain the existing accounting system and procedures of the foundation. Data gathering were done through informal interviews and discussions with the school’s treasurer and accountant. Internal control questionnaires were also used to determine the existing controls and practices of the foundation.

Based on the gathered information, conclusions concerning the existing practices of Sta. Cecilia Catholic School Foundation, Inc., were drawn. Recommendations for the enhancement of the present system used by the foundation were then forwarded afterwards.