Internal Control System Effectiveness of Thai-Listed Companies: An Empirical Research of Its Antecedents and Consequences

The Factors Affecting Financial Reporting Reliability: An Empirical Research of Public Listed Companies in Thailand

“…The basic objective of financial reporting is concerned with providing useful information for economic decision-making. Financial reporting reliability is defined as the published financial statements that are being prepared reliably in order to provide information useful to users in making economic decisions (Tontiset & Kaiwinit, 2015;Socea, 2012;Shahwan, 2008;Marriner & Nuseiben, 2004). For this research, we focus on financial reporting reliability in seven dimensions that are based on the qualitative characteristics of financial statement in conceptual framework for financial reporting including predictive value, confirmative value, entity-specific material, completeness, neutrality, free from error, and verifiability (Ogundana et al, 2017;International Accounting Standards Board [IASB], 2015;Yurisandi & Puspitasari, 2015;Hasan, Abdullah, & Hossain, 2014).…”

“…Audit committee effectiveness refers to that audit committee team has strong abilities, knowledge, and experience in both corporate governance and the Committee of Sponsoring Organizations of the Treadway Commission (COSO) that can enhance financial reporting quality (Tontiset & Kaiwinit, 2015;Johnson, Lowensohn, & Reck, 2012;Kennedy & Dresser, 2005). Corporate governance plays an important role in enhancing the financial reporting process (Suttipun, 2018;Cohen, Krishnamoorthy, & Wright, 2004).…”

“…Dependent variable. Financial reporting reliability refers to the published financial statements that are being prepared reliably in order to provide useful information to users in making economic decisions (Tontiset & Kaiwinit, 2015;Socea, 2012;Shahwan, 2008). Moreover, financial reporting reliability implies that accounting information can be measured using the appropriate method which is based on Generally Accepted Accounting Principles (GAAP), i.e., International Financial Reporting Standards (IFRS) (Socea, 2012;Berger, 2011).…”

Analysis of the Factors Affecting Successful Accounting Information of Listed Companies in the Stock Exchange of Thailand

“…Successful accounting information refers to the attribute of accounting data in financial report that is useful to users in making economic decision and it can be effective communication, planning, and efficient controlling (Williams et al, 2012;Horngren & Harrison, 2008). Thus, successful accounting information has three dimensions including effective planning, efficient controlling, and promoting decision and communication (Tontiset & Kaiwinit, 2015;Socea, 2012;Horngren & Harrison, 2008;Garrison et al, 2008). Successful accounting information is measured using three-item scale modified from Tontiset and Kaiwinit (2015) and Horngren and Harrison (2008).…”

“…Thus, successful accounting information has three dimensions including effective planning, efficient controlling, and promoting decision and communication (Tontiset & Kaiwinit, 2015;Socea, 2012;Horngren & Harrison, 2008;Garrison et al, 2008). Successful accounting information is measured using three-item scale modified from Tontiset and Kaiwinit (2015) and Horngren and Harrison (2008).…”