Understanding of Financial Reporting Standards and Corporate Income Tax of the Accountant in the Accounting Office Nonthaburi Province

Abstract

 A study on the understanding of financial reporting standards and corporate income tax aims to compare the level of understanding of financial reporting standards and corporate income tax aims of accountants in accounting offices, Nonthaburi Province, classified by personal background factors. The sample size was determined using Taro Yamane's method. The number of samples was 170 and simple random sampling was used. Data were analyzed using descriptive statistics, including frequency, percentage, mean, and standard deviation along with inferential statistics, comprising analysis of the difference of means between 3 or more sample groups using One-Way ANOVA and analysis of the difference between 2 independent sample groups using Independent-Sample t-test.

The study results found that accountants in accounting offices in Nonthaburi Province had a high level of understanding of financial reporting standards and a high level of understanding of corporate income tax, including understanding of each sub-issue at a high level. As for the hypothesis testing, it was found that personal basic factors, including gender, age, education level, current duties, and length of employment of accountants in accounting offices in Nonthaburi Province, did not affect the level of understanding of financial reporting standards and corporate income tax, but it was found that the average monthly income affected the level of understanding of financial reporting standards and corporate income tax, with the group with higher income having more understanding.