Factors Influencing the Accounting Efficiency of Small and Medium Enterprise Entrepreneurs in Nakhon Pathom Province
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Abstract
This study aimed: (1) to examine the efficiency of accounting practices among SMEs in Nakhon Pathom Province, and (2) to investigate factors influencing such efficiency. A quantitative research design was employed, using questionnaires as the data collection tool. In 2023, the population consisted of 65,000 registered juristic persons with the Department of Business Development. The sample included 400 accounting personnel working in SMEs with registered capital not exceeding 5,000,000 baht, annual revenue not exceeding 30,000,000 baht, at least 3 years of operation, and an accounting period from January 1 to December 31. Descriptive statistics (mean, percentage, standard deviation) and multiple regression analysis were applied.
Findings revealed that most respondents were female, aged 31-40 years, held a bachelor’s degree, earned an average monthly income of 20,001-25,000 baht, and had 3-6 years of accounting experience. Overall, respondents rated the factors affecting accounting efficiency highly, with human resources receiving the highest rating. Perceptions of accounting efficiency overall were also high. Hypothesis testing indicated that independent variables—human resources, accounting procedures, and regulatory agencies—significantly influenced accounting efficiency at the 0.05 level. The analysis yielded R = 0.432 and R Square = 0.554, suggesting that these independent variables explained 55.4% of the variance in accounting efficiency, with the remaining 44.6% attributed to unexamined factors.
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