Finance And Accounting Practices With Special Reference To Stipend Management: An Empirical Study

• Author(s):

  GOKUL B | INDUMATHI N

• Keywords:

• Abstract:

  Finance And Accounting Practices Play A Vital Role In Ensuring Transparency, Accountability, And Effective Utilization Of Financial Resources Within Organizations. Among Various Financial Activities, Stipend Management Is A Critical Function In Institutions That Provide Training, Internships, Or Apprenticeship Programs. This Study Examines The Effectiveness Of Finance And Accounting Practices In Stipend Administration, Focusing On Areas Such As Calculation Accuracy, Payment Timeliness, Internal Controls, Budgeting, Financial Reporting, And Reconciliation Procedures. A Descriptive Research Design Was Adopted, And Primary Data Were Collected Through A Structured Questionnaire Administered To 102 Respondents Involved In Finance And Administrative Activities. Secondary Data Were Obtained From Financial Records, Reports, Journals, And Related Documents. Statistical Tools Including Chi-Square, Correlation, Regression, One-Way ANOVA, And Mann–Whitney U Test Were Used For Analysis. The Findings Reveal That Although Finance And Accounting Practices Provide A Structured Framework For Stipend Administration, Respondents Exhibit Mixed Perceptions Regarding Their Effectiveness. Correlation Results Indicate A Significant Positive Relationship Between Accounting Practices And Stipend Management Effectiveness, While Regression Analysis Demonstrates Limited Predictive Influence. The Study Concludes That Financial Systems Alone Are Insufficient To Ensure Efficient Stipend Administration And Recommends Greater Automation, Stronger Internal Controls, Enhanced Coordination, And Improved Reporting Mechanisms. Future Research May Explore Technological And Organizational Factors Affecting Stipend Management Effectiveness.

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Other Details

• Paper id:

  IJSARTV12I6105636

• Published in:

  Volume: 12 Issue: 6 June 2026

• Publication Date:

  2026-06-09

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