Characterization of Performing and Less Performing Campus Income Generating Projects of Surigao Del Sur State University, Philippines

Abstract

The purpose of this study is to determine the performing and less performing campus Income Generating Projects (IGPs) of Surigao del Sur State University. This study used the descriptive survey method through a researcher-made questionnaire. It considered the estimated annual net income, total assets, financial management team: IGP Director, IGP Head, IGP Bookkeeper, and IGP Cashier/Worker, and financial statements: income statement, statement of changes in equity, statement of financial position, and statement of cash flows. A structured interview was also done to validate the answers of the respondents and to pinpoint the challenges and other factors affecting campus IGPs performance. The campus IGPs have the complete financial management team but some of the campuses did not prepare complete financial reports. Those who executed the bookkeeping management efficiently and are in feasible business location have higher estimated annual net income and total assets.