The Opinion about Factors Affecting Audit Quality of Certified Public Accountant in Thailand

Abstract

          This quantitative research aims to study the opinion about factors affecting auditquality of Certified public accountant in Thailand in 1) Code of Ethics of Accounting 2) Professionalism 3) Educational Background 4) Auditing Professional   Experience 5) Different sizes of audited business 6) Monthly income 7) Attending training program. The research collect data from sample of 400 Certified Public Accountants in Thailand by use of   questionnaires that 383 samples return completed questionnaires, rate by an   average of 95.75 percent, Simple Random Sampling, Descriptive Statistic used for research analysts includes calculating percentage, average and standard deviation, and inferential statistic includes Multiple regression, the t-test and One-way ANOVA method.

          The study shows most certified public accountants of over-the-counter market in Thailand are females, aged 36-45 years who obtained postgraduate degree with over 9 years auditing professional experiences, earn over 60,000 baht per month and responsible auditing in small business (authorize capital not exceed 10 million baht), medium business (authorize capital not exceed 30 million baht) and big business (authorize capital exceed 30 million baht). Their opinions are evaluated as the "Very Much" level on Factors Affecting Audit Quality     includes Code of Ethics of Accounting such as lucidity, independence, objectiveness, integrity, professional   competence and standard, confidentiality, responsibility of client servicing, responsibility to shareholders, person or colleague. On ethics and professionalism such as professional skill, value, ethics, professional attitude, field experience, capacity evaluation and continuing professional development.

          The result of assumption test  revealed the positive relationship between the Code of Ethics of Accounting and the Audit Quality with the statistical significance level of 0.05 (p = 0.000*); the positive relationship between Professionalism and Audit Quality with the statistic significance level of 0.05 (p = 0.000*) ; the certified public accountant with various educational background is assumed asno difference with statistic significance level of 0.05 (p = 0.58); the difference of the certified public accountants' experiences level affect the audit quality (p = 0.000*); the difference of sizes of business affect the audit quality (p = 0.000*); the  difference of the certified public accountants' monthly income affect the audit quality (p = 0.000*); the difference of the training program of the certified public accountant affect the audit quality (p = 0.000*).