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http://dx.doi.org/10.13106/jafeb.2021.vol8.no11.0121

Digital Accounting Implementation and Audit Performance: An Empirical Research of Tax Auditors in Thailand  

LOHAPAN, Nutchajarin (Faculty of Interdisciplinary Studies, Khon Kaen University, Nongkhai Campus)
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.11, 2021 , pp. 121-131 More about this Journal
Abstract
This study aims at investigating the effects of digital accounting implementation on audit performance of tax auditors in Thailand through audit competency and audit report as the consequence. In addition, it examines the effects of audit learning, digital culture, and stakeholder expectation on digital accounting implementation. The key informants were Thailand's tax auditors. The data was collected using a questionnaire that was distributed to 349 tax auditors throughout Thailand. The response rate was 20.53%. The Ordinary Least Squares (OLS) is applied to test the research relationships. The results of this study show that digital accounting implementation has an important effect on its consequence, namely audit competency, audit report, and audit performance. Similarly, audit competency and audit report affect audit performance. Testing the antecedents of the research relationships, namely audit learning, digital culture, and stakeholder expectation, the result reveals that only digital culture affects digital accounting implementation. Accordingly, digital accounting implementation plays a vital role to enhance audit competency, audit report, and ultimately lead to attaining audit performance. Furthermore, the results are beneficial for the auditing practitioners and regulators, allowing them to draw on these results to develop training programs to enhance professional audit efficiency.
Keywords
Digital Accounting Implementation; Audit Competency; Audit Report; Audit Performance;
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