THE FACTORS AFFECTING ACCOUNTING PRACTICE SELECTION WHEN EXECUTING FIRST-TIME ADOPTION OF ACCOUNTING STANDARD NO.19 FOR THAI LISTED COMPANIES

Abstract

This research aims to study whether there are any factors influencing which accounting method is chosen when first adopting TAS 19 of listed companies in Thailand. The research was done by using the multiple logistic regression technique to describe relationships between dependent variables and independent variables. The sample was taken from secondary data of 70 listed companies in 2012. The independent variables are Leverage, Firm size, Effective tax rate and Profitability. The dependent variable is an immediate expense recognition method. The results show that companies with a high effective tax rate have a minimum likelihood to choose the immediate expense recognition method. Other variables were not affected.