ความพร้อมของสำนักงานสอบบัญชีในจังหวัดเชียงใหม่ต่อการนำมาตรฐานการควบคุมคุณภาพ ฉบับที่ 1 มาปฏิบัติ

Abstract

The purpose of this independent study aimed at analyzing The Readiness of Audit Firms in Chiang Mai Province Towards Implementing Thai Standard on Quality Control 1. Data collection were carried out by distributing questionnaires to 43 certified public accountants (CPAs) in Chiang Mai. Descriptive statistics such as frequency, percentage and mean were used to analyze the data. In addition, Cross-Tabulation analysis was applied in order to find out frequency and relationship between each group of variables. The study found that the majority of respondents were female, aged between 30 to 40 years old, master degree graduated, operated business between 11 to 20 years as a proprietor audit firm and have a certified public accountant. All respondents operated business for provide in the auditing of financial statement. Most of CPAs have 3 to 5 assistant auditors. The recruitment of assistant auditors was considered from academic record. For the acceptance and retention of clients, All CPAs considered based on audit fees. Most of CPAs know the Thai Standard on Quality Control 1 from Federation of Accounting Professions under the Royal Patronage of His Majesty the King. With regards to readiness for complying with the quality control for audit work, most audit firm owners and freelance auditors were at a high level of readiness to comply with the quality control for audit work in five elements of a system of quality control: relevant ethical requirements, acceptance and continuance of client relationships and specific engagements, human resources, engagement performance and monitoring also part of documentation of the system of quality control. Regarding the element in leadership responsibilities for quality control within the firm, most audit firm owners were at a high level of readiness but freelance auditors were at a medium level of readiness to comply with requirements. With regards to complying with the quality control for audit work, all audit firm owners and freelance auditors comply with the quality control for audit work about documentation of the system of quality control. Most of them comply with the requirements of five elements of a system of quality control: relevant ethical requirements, acceptance and continuance of client relationships and specific engagements, human resources, engagement performance and monitoring. Regarding the element in leadership responsibilities for quality control within the firm, most audit firm owners comply with the requirements but freelance auditors comply with requirements and disassociate in the same proportion. In summary, small audit firms that have a certified public accountant and freelance auditors that are ready to comply with the quality control for audit work less than an audit firms that have more than one CPA. Therefore, the related institutions should improve knowledge and understanding related to complying with the quality control for audit work by focusing on small audit firms and freelance auditors. It is a guideline to CPAs to practice in Thai Standard on Quality Control 1.