The Causal Impacts Influencing Quality of Financial Reporting of Thai Accountants

Main Article Content

Rattana Sittioum


The objectives of this research were 1) to develop the causal relationship model among the influence continuing professional development, professional ethics, professional skills, and financial report quality of Thai accountants and 2) to study impacts of continuing professional development, professional ethics and professional skills of Thai accountants on financial report quality. The samples were collected by questionnaires survey from 382 Thai accountants. In part analysis, the statistics to used such as frequency, percentage, average, and structural equation model analysis. The results revealed that the model was consistent with the empirical data in a satisfactory criterion. The most impact on quality of financial report of Thai accountants were continuing professional development, accounting professional ethics and professional skills respectively. All factors predicted the quality of financial report of Thai accountants at 55 percent.


Download data is not yet available.

Article Details

How to Cite
Sittioum, R. (2020). The Causal Impacts Influencing Quality of Financial Reporting of Thai Accountants. WMS Journal of Management, 9(3), 65-78. Retrieved from
Research Articles-Academic Articles
Author Biography

Rattana Sittioum

Accounting Program, Faculty of Management Science, Pibulsongkram Rajabhat University


Bakhtiari, M., & Azimifar, M. (2013). Impact Of Professional Ethics On Financial Reporting Quality. AENSI Journals Advances in Environmental Biology, 7(10), 2862-2866.

Bunsarang, S. (2007). The Impact of Potential usage Accounting Information Affecting Competitiveness of Small and Medium-Sized Businesses in The Northeast Region. Master of Accountancy, Mahasarakham University, Thailand.

Chaisurach, N., & Manatsanit, W. (2017). Factors Affecting Professional Skills of Thai Certified Public Accountants. Journal of Management Sciences, 34(1), 1-26.

Christian, D., & Ludenbach, N. (2013). Wiley IFRS Essentials. United Kingdom: John Wiley & Sons.

Department of Business Development. (2018). Accountants (Existence). Retrieved from

Detthamrong, U., & Phukdeesiriwong, N. (2018). The Effect of Financial Reporting Quality on the Competitive Advantage of Small and Medium Enterprises in the Northeast of Thailand. Nakhon Phanom University Journal, 8(1), 1-9.

Eginiwin, E. J., & Dike, W. J. (2014). Accounting Ethics and the Quality of Financial Reporting: A Survey of Some Selected Oil Exploration and Producing Companies in Nigeria. Journal of Business and Management, 16(7), 26-36.

Federation of Accounting Professions. (2016). Conceptual Framework for Financial Reporting. Retrieved from

Fettry, S. (2017). The Impact of Internal Audit Function in Enhancing the Financial Reporting Quality. International Journal of Economic Research, 14(5), 57-69.

Field, A. (2005). Discovering statistics using SPSS ( 2nd ed.). Thousand Okes, CA: Sage Publications.

Fornell, C. & Larcker, D. F. (1981). Structural equation models with unobservable variables and measurement error: algebra and statistics. Journal of Marketing Research, 18(3), 382-388.

Gaivong, S. (2010). A Study on the factors affecting the Professional Skills of Thai Accounting Profession In Certified Public Accountants and Tax Auditor Context. Suddhiparitad, 33-53.

Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2010). Multivariate Data Analysis. (7th ed.). Prentice Hall, Upper Saddle River, NJ.

Hongpong, N., & Channgam, J. (2017). Effects of Professional Skills on the Quality of Financial Reporting of Bookkeeper in Bangkok and Nonthaburi. Retrieved from

Jamsri, S. (2011). Effects of Continuous Accounting Learning on Job Performance of Bookkeepers in Nakhon Ratchasima Province. Master of Accountancy, Mahasarakham University, Thailand.

Jantachoto, J. & Wongpinun
wattana, N. (2015). Quality of Financial Reporting of Listed Company in the Stock Exchange of Thailand. Journal of Accounting Profession, 11(32), 17-33.

Kaspina, R. (2015). Continuing Professional Development of Accounting and Auditing: Russian Experience and Challenges. Procedia Social and Behavioral Sciences, 191, 550-553.

Kora, M. & Lim-U-Sanno, K. (2017). The Effects of Professional Accountants and Risk Management on Financial Re¬porting Quality of Small and Medium Enterprises (SMEs) in Five Southern Border Provinces. Princess of Naradhiwas University Tournal of Humanities and Social Sciences, 4(2), 38-50.

Linjee, C., Chantanasiri, S. & Siripis, N. (2017). A Comparison of Professional Skills of Accountants at the Certified Accounting Practice in Thailand. International Journal of the Computer, 25(1), 132-135.

Mahdavikhou, M. & KhotanlouThe, M. (2011). Impact of Professional Ethics on Financial Reporting Quality. Australian Journal of Basic and Applied Sciences, 5(11), 2092-2096.
Mbobo, E. M. & Ekpo, B.N. (2016). Operationalising the Qualitative Characteristics of Financial Reporting. International Journal of Finance and Accounting, 5(4), 184-192.

MeeMak, T. & Boonsawad, R. (2016). Job Environments and Accountants’ Competency that Affect the Quality of Financial Reports of the Small and Medium Enterprises (SMEs) in Nakhon Ratchasima Province. Apheit Journal, 21(1), 127-140.

Nunnally, J. (1978). Psychometric Theory. Mc Graw-Hill, New York, NY.

Puangpila, S., Sirisom, J., & Musik, N. (2018). The Relationship between Lifelong Learning and Professionalism of Bookkeepers in the Northeast. Journal of Humanities and Social Sciences Mahasarakham, 37(2), 207-219.

Rukprasoot, S. (2015). The Factors on Financial Reporting Quality: Literature Review and Recommendation. Suthiparithat, 29(90), 1-13.

Sitdhirak, T. (2014). The Effect of Accountant’s Competency on Financial Reporting Quality An Empirical Study of Accountants in Thailand. Master of Accountancy, Songkla University. Thailand.

Tantised, N. (2016). The Factors Affecting of Quality of Financial Statement and Decision Making Effectiveness of Listed Companies in The Stock Exchange of Thailand. Srinakharinwirot Business Journal, 6(2), 20-35.

Teraseevat, A. (2006). Factors affecting the Reliability of Financial Report of Thai Investment Analyst. Journal of Accounting Profession, 2(3), 34-52.

Tonjarernkul, N. (2014). The Need for Continuing Accounting Professional Development Activities of Accountants in Bangna district and Neighborhood. Apheit Journal, 20(2), 90-98.

Wanproh, N. (2014). The Good Governance and the Accountants Competency towards the Financial Statement of Local Administrative Organizations Touring on Five Southern Border Provinces. Master of Accountancy, Songkla University, Thailand.

Wongchai, N., Peenanee, J., & Pratum, K. (2010). The Effects of Professionalism and Professional Ethics on Auditing Quality of the Licensed auditors in Bangkok, Thailand. Journal of Accountancy and Management, 2(4), 38-51.

Yodming, S. (2015). The Effect of Accounting Professional Competence on Accounting Information Quality Office of the National Broadcasting and Telecommunications Commission (NBTC).
Master of Accountancy, Dhurakij Pundit University. Thailand.