Relationship between Accounting Information Quality and Operating Results of Small and Medium-sized Businesses in Bangkok

Abstract

Background and Aims: Small and medium-sized businesses are important businesses as engines of the country's economy. that comes from the grassroots or the general public conducting business to conduct business efficiently and successfully Entrepreneurs need to rely on quality accounting information as a supporting tool in their operations to be able to achieve their stated objectives. Therefore, the objectives of this research are: 1) to study the level of opinions on the quality of accounting information of small and medium-sized businesses; in Bangkok 2) to study the level of opinions on the performance of small and medium-sized businesses in Bangkok and 3) to study the relationship between the quality of accounting information and the performance of small and medium-sized businesses in Bangkok.

Methodology: The sample group used in this research is small and medium-sized business executives. In Bangkok Using Taro Yamane's formula for 400 cases, a simple random sampling method was used. The tool used in the research was a questionnaire. The statistics used to analyze the data were descriptive statistics, including percentages and standard deviations. Inferential statistics include an analysis of the Peirson correlation coefficient. and multiple regression analysis.

Results: 1) Level of opinion regarding the quality of accounting information Overall it was at a high level. It was found that the aspects related to decision-making have the highest level of opinions, respectively. 2) level of opinions about operating results Overall it was at a high level. It was found that the customer side had the highest level of opinion. 3) Results of the test of the Pearson correlation coefficient of independent and dependent variables. Overall, the quality of accounting information is at a high level of relationship There is a correlation coefficient of r=0.896 with a statistical significance of 0.01. The results of the test of the relationship of the multiple regression coefficients found that the independent variables include the aspect related to decision-making. Ability to compare Ability to verify It has a relationship and has a positive impact on the performance of small and medium-sized businesses. In Bangkok Statistically significant at the 0.05 level.

Conclusion: Accounting data quality has a relationship and impact on small and medium-sized business operations. In Bangkok In carrying out the work, the executives must face various problems. Therefore, it is necessary to rely on accounting information to help in management. especially related to decision-making comparability and the ability to verify So that executives can use the information to forecast or plan operations to achieve good performance in developing and improving the organization.