RESEARCH ABSTRACT

Research Title: THE CONTROL ACTIVITIES AND CASH MANAGEMENT

PRACTICES OF SELECTED ROMAN CATHOLIC CHURCHES IN
CAVITE: A BASIS FOR ENHANCEMENT

Researchers: CAMILLE Q. HILARIO

DANIELA TERI R. CO
JAN ALLANA R. ILAGAN
JOHN FRANCE A. MARIANO (PRESENTER)
MARY LYNN E. STA PRISCA
AMIR T. AUDITOR (ADVISER)

Course & Level: BACHELOR OF SCIENCE IN ACCOUNTANCY IV

School Affiliation: MANILA TYTANA COLLEGES

Contact No.: 859-0878 / 09228632030

Email: mtc_cam@yahoo.com

The study was conducted in order to assess and determine if there is a

significant difference as well as significant relationship in the assessment of the
respondents regarding the control activities and cash management practices of selected
Roman Catholic Churches in Cavite which served as a basis for enhancement.
This study used a quantitative research method, specifically descriptive research
method on assessing the control activities and cash management practices of selected
Roman Catholic Churches in Cavite. The researchers used a purposive sampling
technique. The questionnaire is based from the Diocesan Internal Control Framework
by the United States Conference of Catholic Bishops which was modified by the
researchers to formulate questions in line with the topic of the research. One-way
ANOVA or F-test was used to compare the differences in the assessment of the
respondents and Pearson Correlation to determine the relationship The results had
been the basis for the acceptance and rejection of the hypothesis.
The result showed that there is no significant relationship between the
assessment of the respondents regarding the practices of selected Roman Catholic
Churches in Cavite on control activities and cash management. A factor that the
researchers observed that might have an effect to the result of the correlation is the
differences in the effectiveness and implementation of the variables of control activity in
each variable of cash management. An effective control activity in one variable of cash
management might not be that effectively implemented in the other variables of cash
management.
Although overall, the selected Roman Catholic Churches in Cavite practice good
control activities and cash management, there are parishes that find it hard to effectively
and consistently practice good control activities and cash management. A possible
reason is that there is no established internal control framework prescribed to parishes
in the Philippines and the parishes have the liberty to implement control procedures
they deem appropriate for them but might still be further improved or perhaps in the
contrary of generally accepted standards.
To the future researchers, the researchers recommend using more intensive
statistical analyses to further understand the relationship between control activities and
cash management and improve the research instrument and adding more respondents
which may increase the reliability of their study.
To the parish administrators, the researchers recommend to evaluate different
components of internal control of the parishes and ensure that appropriate attention is
devoted to important areas of the organization that need improvement or establish an
internal control system that will be uniformly implemented in each Roman Catholic
Church under their jurisdiction for the improvement of the administration of every parish.

Keywords: Control Activities, Cash Management, Roman Catholic Church

Main Reference: Diocesan Internal Control Framework by the United States Conference
of Catholic Bishops