THE ROLE OF ACCOUNTANTS' KNOWLEDGE AND PROFESSIONAL STANDARDS IN INFLUENCING THE QUALITY OF FINANCIAL STATEMENTS IN EDUCATIONAL INSTITUTIONS UNDER THE OFFICE OF THE VOCATIONAL EDUCATION COMMISSION, CENTRAL REGION

Abstract

This study aimed to examine the knowledge, competencies, and professional standards of accountants that influence the quality of financial statements in educational institutions under the Office of the Vocational Education Commission in Thailand’s Central Region. Data were collected from 122 accounting personnel using a questionnaire. Descriptive statistics included frequency, percentage, mean, and standard deviation (SD), while multiple regression analysis was used for inferential statistics. The findings revealed that overall accountant competencies were rated at a high level, especially in professional ethics and attitudes, followed by professional knowledge and skills. Professional standards were also rated highly, with carefulness receiving the highest average score, followed by legal compliance and professional expertise. Regression analysis showed that professional ethics had the strongest influence on financial statement quality, followed by professional skills and knowledge, all with statistical significance. However, professional attitude had no significant effect. Regarding professional standards, expertise and legal compliance significantly influenced financial statement quality, while carefulness did not.