The Impact of Profession Accounting Competency and Potential Development on the Quality of works of Accountants in Bangkok and Metropolitan Area

Abstract

The objectives of this research are: 1) to study the impact of accounting professionals' potential, which includes knowledge and abilities in the accounting profession, on the quality of work performance in various aspects of accountants' work, and 2) to study the impact of the development of accountants' potential on the quality of work performance in various aspects. This research is conducted as a quantitative study. Data collection was carried out using questionnaires completed by accountants who are registered under Thai law or with the Federation of Accounting Professions (FAP) with active status, focusing on the potential in the accounting profession that impacts the quality of work performance of accountants in Bangkok and the metropolitan area.

Primary data includes information from the questionnaires, which gauge the opinions of accountants registered under Thai law or with the FAP in Bangkok and the metropolitan area. Secondary data includes academic books, journal articles, research reports, publications, and related website information, which were used as references for this research. The population for this study consists of Thai accountants registered with the FAP according to the latest statistics in the 2021 annual report of the Federation, which lists a total of 88,550 accountants. Using Taro Yamane’s table, with a 95% confidence level and a 5% margin of error, and based on the number of accountants in Bangkok and the metropolitan area, the calculated sample size for this research is 396. To further reduce error, the researcher set a sample size of 400 to ensure greater reliability.

The research results show that the impact of accounting potential and the development of potential on the quality of work performance of accountants in Bangkok and the metropolitan area is significant in all aspects, with correlation coefficients ranging from 0.705 to 0.921. The tolerance values range between 0.129 and 0.544, and the Variance Inflation Factor (VIF) for the variables is at a maximum of 7.780, which is within the acceptable range. The statistical analysis of Durbin-Watson values stands at 1.722, indicating that the independent variables are not interrelated. Therefore, the study passes the criteria for multiple regression testing, as it falls within the range of 1.50 to 2.50. Hence, the multiple regression analysis can be conducted.