The Correlation of Financial Management Practices and Controlling Mechanisms for Financial Management Challenges and Issues The Case of Franciscan Missionaries of Mary Congregation

The study analyzed financial management practices and controlling mechanisms for challenges issues in religious congregations, specifically the Franciscan Missionaries of Mary Congregation. was based on a questionnaire survey sent to 305 respondents among sisters. Weighted mean Spearman rho coefficient values were applied statistical processing data. results showed significant positive relationship between issues, suggesting that lack control could lead possibility fraud. suggests good impact resources decision-making. highlights importance non-profit organizations, as they can be prone due or mismanagement its effectiveness is crucial sustainability, growth, organization.