International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12
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 Volume 9, Issue 12 (December 2022), Pages: 25-33

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 Original Research Paper

 Determinants of accounting quality of SMEs: Empirical study of individual investors in southern Vietnam

 Author(s): Duyen Thi Ngoc Nguyen *

 Affiliation(s):

 Faculty of Postgraduate Studies, Lac Hong University, Biên Hòa, Vietnam

  Full Text - PDF          XML

 * Corresponding Author. 

  Corresponding author's ORCID profile: https://orcid.org/0000-0001-5204-5719

 Digital Object Identifier: 

 https://doi.org/10.21833/ijaas.2022.12.003

 Abstract:

Accounting quality is critical to any business's success, especially when it comes to meeting the expectations of stakeholders having a special interest in the firm. This study aims at evaluating the accounting quality of small and medium enterprises (SMEs) in Southern Vietnam to see if it is efficient, transparent, and adherent to various domestic and internal standards. Especially, this study focuses on additional aspects that can assist to enhance the quality of accounting and accounting data by examining certain key determinants of accounting quality among SMEs across different economic sectors in Southern Vietnam. Based on the data collected from 247 individual investors, this study finds that the accounting quality of investigated SMEs is affected by several major factors, including risk assessment, internal audit, internal control, and compliance as well as communication channels, among others. It is also found that the availability and utilization of high-quality, timely data in SMEs had a substantial impact on the accounting quality perceived by individual investors. From such findings, some managerial implications have been proposed to enhance its quality.

 © 2022 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords: Accounting quality, Determinants, Individual investors, Southern Vietnam

 Article History: Received 8 May 2022, Received in revised form 15 August 2022, Accepted 16 August 2022

 Acknowledgment 

No Acknowledgment.

 Compliance with ethical standards

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

 Nguyen DTN (2022). Determinants of accounting quality of SMEs: Empirical study of individual investors in southern Vietnam. International Journal of Advanced and Applied Sciences, 9(12): 25-33

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 Tables

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