Budget Management and Financial Reporting Practices of Campus Organizations

This study sought to analyze the financial reporting and budget management practices of Urdaneta City University campus organizations regarding budget planning, budget preparation, budget execution, and accountability. For the purpose to improve financial management and reporting systems, it specifically aimed to ascertain the degree to which these practices are adopted by campus groups. A quantitative descriptive research design was employed, involving thirty-one (31) duly elected presidents and treasurers of recognized campus organizations during the Academic Year 2025–2026. Data was gathered using a structured questionnaire with a four-point Likert scale and analyzed through weighted mean. Results revealed that all indicators across the four domains were interpreted as “Highly Practiced,” indicating strong financial management and reporting practices. Budget execution and accountability were particularly evident in proper documentation and adviser review, while areas for improvement included environmental scanning, detailed budget formulation, and analytical financial evaluation. The study concluded that although practices are generally strong, further enhancement of strategic and analytical financial skills is necessary for improved organizational sustainability.

Authors

Publication Details

Journal
Iconic Research and Engineering Journals
Published
2026-05-21
DOI
https://doi.org/10.64388/irev9i11-1717904
Primary Topic
Financial Literacy and Behavior
Type
article
Field-Weighted Citation Impact
0.00
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article

Budget Management and Financial Reporting Practices of Campus Organizations

Mc. Denver E. Arenas, DBA Jesus Remar C. Dassun
Iconic Research and Engineering Journals
Financial Literacy and Behavior
article

Budget Management and Financial Reporting Practices of Campus Organizations

Mc. Denver E. Arenas, DBA Jesus Remar C. Dassun
article en

Abstract

This study sought to analyze the financial reporting and budget management practices of Urdaneta City University campus organizations regarding budget planning, budget preparation, budget execution, and accountability. For the purpose to improve financial management and reporting systems, it specifically aimed to ascertain the degree to which these practices are adopted by campus groups. A quantitative descriptive research design was employed, involving thirty-one (31) duly elected presidents and treasurers of recognized campus organizations during the Academic Year 2025–2026. Data was gathered using a structured questionnaire with a four-point Likert scale and analyzed through weighted mean. Results revealed that all indicators across the four domains were interpreted as “Highly Practiced,” indicating strong financial management and reporting practices. Budget execution and accountability were particularly evident in proper documentation and adviser review, while areas for improvement included environmental scanning, detailed budget formulation, and analytical financial evaluation. The study concluded that although practices are generally strong, further enhancement of strategic and analytical financial skills is necessary for improved organizational sustainability.

Iconic Research and Engineering JournalsVol. 9(11)
Openalex Percentile: Top 3%
Financial Literacy and Behavior
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