Tạp chí Khoa học & Công nghệ

INTERIM AUDITS AND THE AUDIT REPORTING LAG OF LISTED COMPANIES ON THE VIETNAMESE STOCK MARKET

Mon, 01 Apr 2024 06:00:16 +0700

In order to conduct research into the impact of intermediate auditing to
delayed audit reporting at listed companies in the Vietnamese stock market, in
this article, the group of authors carried out a quantitative analysis, applied a
variety of regression and verification models for the sample of 252 companies
listed on the HOSE and HNX stock exchange during the period affected by the
Covid-19 epidemic (phase 2020 - 2021). The results of the study show that the
implementation of interim audits helps reduce the delay in auditing reports in
listed companies in Vietnam. From there, the study suggests that final audits can
be completed more effectively when conducting intermediate audits.

FACTORS INFLUENCING STUDENTS’ ACCOUNTING CAREER PATHS AT THE UNIVERSITY OF PHAN THIET

Trần Thị Hồng Diễm, Nguyễn Thị Thu Hậu — Mon, 01 Apr 2024 06:04:46 +0700

This paper examines the factors influencing accounting students’ career paths at University of Phan Thiet. Research
data was collected through the survey of 1st, 2nd, and 3rd year accounting students at University of Phan Thiet with a
total of 150 observations. The research results show that all factors have a positive impact on the accounting students’
career paths at University of Phan Thiet. Career Exposure has the strongest impact on students' career paths.
Accordingly, when students know the existence of professional accounting organizations, experience practical
accounting lessons, etc., it will help students make better decisions about their careers. Intrinsic Motivation has the
second strongest impact on the career paths of accounting students; The result shows students' initiative in choosing
majors that suit their interests and spending time studying the targeted major. Extrinsic Motivation has the third
strongest impact on the career paths of accounting students. The students have information about job opportunities
and income they can receive from their major, they will be motivated to pursue career paths. Finally, the Influences of
Third Parties have the weakest impact on the career paths of accounting students.

INFLUENCE OF ORGANIZATIONAL CULTURE ON INTERNAL CONTROL STRUCTURE IN GENERAL INSURANCE BUSINESSES IN VIETNAM

Trịnh Viết Giang, Đỗ Đức Tài — Mon, 01 Apr 2024 06:10:24 +0700

The paper focuses on the influence of organizational culture on the internal
control (IC) structure in general insurance enterprises in Vietnam. The study is
based on an overview and stochastic theoretical framework in organizations, the
internal control framework of COSO 2013. The study uses research methodologies:
Cronbach's Alpha analysis, EFA, structural equations (SEM) to validate the model,
research hypothesis and the degree of influence of factors on IC structure. The
research results indicate that organizational culture directly impacts the IC
structure and indirectly impacts the IC usefulness through IC structure variables.
Thereby, authors propose some recommendations to improve IC in non-life
insurance enterprises in Vietnam.

RESEARCH ON FACTORS AFFECTING STUDENT’S TIME MANAGEMENT SKILLS: STUDY AT HANOI UNIVERSITY OF INDUSTRY

Mon, 01 Apr 2024 06:19:45 +0700

The study applies Ajzen's (1991) theory of planned behavior and Britton and
Tesser's (1991) model to measure students' time management skills and examine the
impact of various factors on students' time management skills of students in the
Accounting - Auditing department at Hanoi University of Industry are assessed using
a quantitative model with SPSS 25 software. The research results show that for the
dependent variable of time management skills evaluated through goal setting,
independent variables such as habits, self-awareness, and social networks have a
positive correlation. With the dependent variable of time management skill evaluated
through planning and implementation influenced positively by three factors: habit,
self-perception, and social network. On the basis of the research results, the research
team proposed recommendations for students and the university.

THE EFFECT OF CONTEMPORARY MANAGEMENT ACCOUNTING PRACTICES ON FINANCIAL PERFORMANCE IN VIET NAM ENTERPRISES

Phạm Đình Tuấn, Đoàn Ngọc Phi Anh, Nguyễn Thành Cường — Mon, 01 Apr 2024 06:39:48 +0700

This study examines the association between contemporary management
accounting practices with financial performance in Vietnam enterprise. Data were
collected based on survey distributed to 247 medium and large sized enterprise in
Vietnam. The quantitative data collected was analyzed using the Partial Least
Squares Structural Equation Modeling (PLS-SEM) approach. Overall, the results
indicate that Vietnamese businesses use contemporary management accounting
practices (CMAP) relatively infrequently. However, the research results indicate that
CMAP have a positive impact on the financial performance in Vietnamese
enterprises. Therefore, enterprises should plan and implement suitable CMAP
according to their circumstances and current conditions to enhance their competitive
advantage and financial performance. Additionally, the study applies dynamic
capability theory to explain the impact of CMAP on financial performance.

A PATH MODEL EXPLAINING THE FRAUD AND ERROR IN ENTERPRISES: AN INTERNAL PERSPECTIVE

Phạm Trà Lam, Trần Anh Hoa, Nguyễn Phước Bảo Ấn — Mon, 01 Apr 2024 06:48:24 +0700

In the VUCA world, continuous fluctuations have made frauds and errors
more sophisticated and harder to detect. They are considered serious problems
to solve and are of interest to many parties including businesses, organizations,
and government agencies. This study was conducted to predict factors’ impact
on errors and fraud in Vietnamese enterprises from an internal perspective.
Data collected by survey method from 170 administrators and accountants are
analyzed by SmartPLS software. The research results show that the culture of
honesty and assessing internal control processes have significant influences on
the extent of errors and fraud. These findings have suggested a number of
governance implications for businesses and auditing firms as well as
government authorities in predicting corporate fraud in order to develop
control solutions.

FACTORS AFFECTING STUDENTS' DECISION TO CHOOSE ACCOUNTING MAJOR

Đậu Thị Kim Thoa, Nguyễn Huỳnh Như — Mon, 01 Apr 2024 08:32:57 +0700

In the digital era, the accounting profession is significantly affected by
automation, which requires accounting human resources to ensure high quality.
International integration also opened the wave of shifting accounting human
resources, making the labor market increasingly competitive. In this context,
many universities are currently opening the accounting major to meet the needs
of the labor market. Therefore, in order to have appropriate strategies for
attracting students to choose accounting discipline, universities should identify
the primary factors that affect students’ decision to choose accounting discipline.
This experimental research with a data sample of 498 students from a number of
universities in Vietnam, using Binary Logistic models and analyzing on SPSS 20
software has discovered 06 factors that considerably impact students’ decisions to
choose accounting discipline, including intrinsic motivation, extrinsic motivation,
social influence, perceived benefit-cost ratio, career exposure, and perception of
accounting education.

FACTORS AFFECTING THE DECISION OF CHOOSING AUDITING MAJOR OF STUDENTS AT UNIVERSITIES OF ECONOMICS

Lại Thị Thu Thủy, Nguyễn Thị Hồng Lam — Mon, 01 Apr 2024 08:37:33 +0700

The purpose of this study is to analyze the influence of factors on the decision to
choose an audit major of students at universities of economics, including: Job
opportunities, Reputation of the university, Personal Characteristics, Finances, and
Family and Social Influences. The research was carried out at universities of economics
in Hanoi. There were 500 survey questionnaires sent to students studying auditing
majors at universities of economics and 238 questionnaires were collected, reaching
47.6%. The analytical method of linear regression model is used to determine the
factors affecting the decision to choose the auditing major of students at universities
of economics. The analysis results show that: 1) Factors including: Job opportunities,
Reputation of the university, Personal Characteristics and Family and Social Influences
have influence on the decision to choose audit major of the students from universities
of economics; 2) Finances factor did not have a statistically significant influence on the
decision to choose audit major of students at universities of economics.

FACTORS RELATED TO INTERNAL AUDIT PERFORMANCE: RESEARCH IN VIETNAM

Nguyễn Thị Quế, Đặng Thu Hà, Phạm Thúy Hà, Nguyễn Thùy Dương, Hoàng Thị Việt Hà — Mon, 01 Apr 2024 08:42:45 +0700

The study examines the relationship between variables such as internal audit
quality, internal audit team capacity, internal audit independence, and leadership
support to audit effectiveness. internal. Data is collected through a survey of 203
questionnaires from joint stock companies in Vietnam. Quantitative research
methods are applied to evaluate the influence of factors on the effectiveness of
internal audits. The results indicate that the quality of the internal audit, the
capacity of the internal audit team, the independence of the internal audit, and
the support of the management have an influence on the effectiveness of the
internal audit. From there, the author proposes some recommendations to
enhance the effectiveness of internal audits in joint stock companies in Vietnam.

THE IMPACT OF CAPITAL INTENSITY ON FINANCIAL PERFORMANCE O F MANUFACTURING ENTERPRISES LISTED IN VIETNAM

Nguyễn Thị Hồng, Nguyễn Thị Xuân Hồng, Phạm Đức Cường — Mon, 01 Apr 2024 08:48:06 +0700

This study was conducted to examine the relationship between capital intensity and financial performance of
230 manufacturing enterprises listed on two stock exchanges, HNX and HOSE, in the period 2015 - 2022 with 1,734
observations. The independent variable is capital intensity measured by the ratio between the total value of fixed
assets and the total net revenue of the enterprise. The dependent variable is financial performance measured
through the Tobin'Q indicator. In addition, control variables including enterprise size, financial leverage ratio, and
liquidity are also included in the research model. Using descriptive statistics, correlation testing and multivariate
regression analysis using OLS, FEM, REM models then comparing and finding the optimal model. Next, the authors
tested heteroscedasticity, autocorrelation and corrected it using the FGLS method to have a reliable model. The
results show that capital intensity, financial leverage, and liquidity have a negative relationship with financial
performance, while company size has a positive impact on financial performance. Through this research article, the
authors provide some recommendations for investors to have the right perspective when deciding to invest in
businesses.

RESEARCH OF FACTORS AFFECTING THE OUTPUT QUALITY OF ACCOUNTING AND AUDITING STUDENTS AT UNIVERSITIES IN HANOI CITY

Mon, 01 Apr 2024 08:53:56 +0700

This study determines the factors affecting the output quality of accounting and
auditing students at university in Hanoi city. The method used is qualitative research
combined with quantitative research. Data for the research was taken from a survey
sample of 323 alumni of Accounting and Auditing at universities in Hanoi. The study
used Cronbach’s Alpha test methods, Exploratory factor analysis (EFA), confirmatory
factor analysis (CFA), structural equation modeling analysis (SEM), regression and
correlation analysis. Research results show that there are 9 factors affecting the
output quality of Accounting and Auditing students, including: training program,
teaching staff, facilities, affiliate network, family conditions, students’ ability,
students attitude, media coverage and other factors. Therefore, the study proposed
some recommendations to improve the output quality of accounting and auditing
students in particular and students of other disciplines in general.

CORPORATE GOVERNANCE FACTORS AFFECTING EARNINGS MANAGEMENT AT NON-FINANCIAL ENTERPRISES LISTED ON VIETNAM STOCK EXCHANGE

Mon, 01 Apr 2024 09:01:04 +0700

This study determines the corporate governance factors aﬀecting the earnings management at 250 listed
companies on HOSE and HNX in Vietnam. Research data is collected from önancial statements and annual reports of
enterprises publicly disclosed on Vietstock for the period from 2019 to 2021. Based on collected data and research
model, we conduct regression estimation using the FEM model, at the same time test the model's defects and oﬀer
remedial measures to accurately determine the inøuence of corporate governance factors on the önancial
management. The results of the study show that the Audit Committee has a positive impact on the earnings
management and the size of the Board of Directors, while the proportion of independent members of the Board of
Directors, the number of meetings of the Board of Directors and the expertise of the Board of Directors are not
statistically signiöcant. The study contributes to providing more empirical evidence on the impact of corporate
governance factors on the earnings management of non-önancial örms, helping to provide a more objective view of
this phenomenon in the current context and orienting management policies to improve the quality of information
that enterprises publish.

RESEARCH THE IMPACTS ON GROUP OF INTERNAL FACTORS TO OPERATING PERFORMANCE OF VIETNAMESE ENTERPRISES

Phạm Quang Huy, Mai Thị Hoàng Minh, Phan Thị Thúy Quỳnh — Mon, 01 Apr 2024 09:06:05 +0700

Production management is considered as a stage of production and business organization
activities, associated with factories and plants in any enterprises. Since then, the business
performance indicator of an enterprise reflects the quality of the organization's own production
and business actions and is an important factor for assessing competitiveness, helping to achieve
efficiency in the manufacture. During their operation, with the objective conditions of the
economy and other subjective properties and behaviors, there are many factors affecting the
business performance of those units. By mixed research method, through the survey results of
115 responders, the research results indicate that there are four internal factors of the
organization that affect production efficiency. Studies in the coming time can expand on
external factors to put into practice and administration in the near future in Vietnam.

STUDYING THE FACTORS AFFECTING THE SLOVENCY OF VIETNAM LISTED REAL ESTATE COMPANNY

Trần Thị Thu Huyền, Đào Thu Hà — Mon, 01 Apr 2024 09:13:57 +0700

This study was conducted to evaluate the factors that affect the solvency of
Viet Nam lised real estate companies. Date are collected from audited financial
statements of 80 real estate-related enterprises listed on Vietnam's stock market
from 2018 - 2022. In this paper, the solvency of enterprises is measured through
short-term solvency. SPSS20 software is used to measure factors including
company size, return on total assets (ROA), return on sale (ROS), return on equity
(ROE), debt ratio (DR), asset structure (AS), working capital ratio (WCR), GDP affect
the company's solvency. The results show that there are four factors that have a
positive impact on solvency, namely ROA, ROS, AS and WCR. On the basic of the
above research, the author gives some recommendations to increase the solvency
of the business now and in the future.

PROFITABILITY AND CORPORATE CARBON DISCLOSURE LEVELS

Mon, 01 Apr 2024 09:20:09 +0700

Climate change has become a big concern because of its bad eﬀects on nature
and our lives. A major reason for this situation may be due to carbon dioxide
emissions by companies. This may push actions from Governments to control the
emissions and clarify the related information disclosed by the companies. This
study focused on examining the relationship between proötability and carbon
disclosure levels via Carbon Disclosure Project (CDP) of companies operating in
developing countries in Asia. The result showed that companies who have higher
proötability may tend to disclose more carbon information. Therefore, the
Governments should have policies to encourage these companies because they
have enough resources and motivation to disclose more carbon information.

THE INFLUENCE OF LEADERSHIP COMPETENCY ON THE SUCCESS OF CORPORATE DIGITAL TRANSFORMATION

Nguyễn Thị Hải Ly — Mon, 01 Apr 2024 09:25:20 +0700

Digital transformation is an inevitable trend that implementing in business
and social life. Vietnamese firms are implementing digital transformation under
the impact of the Fourth revolution leading to the change in business models. To
successfully transform digitally, firm managers and leaders need to understand
and grasp global trends as well as improve strategic thinking and need to
accumulate experience and actively learn to build digital strategies for firms. This
study examines the influence of leadership competency on the success of digital
transformation in businesses. The research results show that leadership
competency can have a strong influence on the digital transformation of firms.
Firm mangers need to create a suitable working environment so employees can
learn and use new technology. If leaders have a clear and strong vision for
implementing digital transformation, and they make specific strategic plans and
implementation decisions, then firms will have many opportunities to succeed in
digital transformation.

FACTORS AFFECTING THE AUDITOR OPINION IN AUDIT OF FINANCIAL STATEMENTS - CASE STUDY AT COMPANIES LISTED ON HANOI STOCK EXCHANGE

Lương Thị Hồng Ngân, Trần Nguyễn Bích Hiền, Vũ Thị Thu Huyền — Mon, 01 Apr 2024 09:30:44 +0700

The study of audit opinions and factors affecting the opinion of independent auditors on the financial
statements of listed companies in general and companies listed on the Hanoi Stock Exchange, in particular, has
important implications not only for auditors but also for related parties in the use of audit results. With the desire to
find out the factors affecting the formation of audit opinions on financial statements, through the research process
of data collected from 325 enterprises listed on the Hanoi Stock Exchange (HNX) in the period 2019 - 2021, the
authors have found out the really meaningful variables in distinguishing audit opinions to include in the predictive
model. The results of the logistic binary analysis model have five factors that have a significant influence on the audit
opinion: the previous year's audit opinion (PO), the average return on total assets (X5), the listing time group (TIME),
the EBIT interest rate (X3) and the ratio of provision for doubtful receivables to total receivables (X9). These will be
factors to consider when forming audit opinions and using audit opinions for the parties.

RESEARCH OF FACTORS AFFECTING DIVIDEND POLICY - EVIDENCE FROM VIETNAM

Trương Thanh Hằng, Nguyễn Thị Quế, Đặng Thu Hà — Mon, 01 Apr 2024 09:35:44 +0700

This study aims to examine the influence of factors within a business on its
dividend payment policy through a sample of 264 firms listed on the Vietnam
Stock Exchange with 1584 observations over 6 years from 2015 to 2020. The
study measures the impact of five factors on a business's dividend payment
policy, including profitability, firm size, earnings per share ratio, firm risk, and
price-to-earnings ratio. The results show that the two factors profitability and
firm size have a negative impact on dividend payment policy, the factor
earnings per share and price to earnings ratio have a positive impact on
dividend payment policy. The variables in the research model explained 15.35%
of the impact on the company's dividend payment policy. Research results are
important evidence for managers in managing, operating, and mobilizing
capital for firms and for shareholders when making capital investment
decisions in the future.

IMPACT OF CAPITAL STRUCTURE ON FINANCIAL PERFORMANCE IN LISTED ENTERPRISES IN VIETNAM IN THE CONTEXT OF COVID-19

Nguyễn Thị Thanh Tâm — Mon, 01 Apr 2024 09:40:50 +0700

Enterprises need to find ways to improve financial efficiency in the current fierce competition
context. Therefore, it is necessary to understand the impact of capital structure on the financial
performance of enterprises in the COVID-19 pandemic. The article uses quantitative methods with data
from the financial statements of 702 businesses listed on the HNX and HOSE stock exchanges from 2015
to 2022 to analyze the influence of independent indicators. Capital structure includes the ratio of debt
to total assets (DTA), the ratio of equity to total assets (EQA), the ratio of long-term debt to total assets
(LDA) to financial performance indicators are also measured including return on assets (ROA), return on
equity (ROE), return on sales (ROS). In addition, the article uses the asset growth rate indicators
GROWTH and Size (SIZE) as two control variables in the model. The results show that the capital
structure of the enterprise has no impact on ROS. The variables LDA, SIZE and GROWTH have a positive
impact on ROA and ROS. There are differences in financial performance for manufacturing and non-
manufacturing industries as well as the negative impact of the Covid-19 pandemic.

EFFECT OF WORKING CAPITAL MANAGEMENT ON FIRM PROFITABILITY OF LISTED ENTERPRISES IN VIETNAM

Lê Thị Ngọc Mai — Mon, 01 Apr 2024 09:56:50 +0700

Improving firm profitability is the vital goal of an enterprise. Therefore,
studying about the factors affecting firm profitability is a necessary requirement
for businesses. Using a group of working capital management indicators to
measure the company's asset management effectiveness, assessing the
company's ability to use assets to generate profits, thereby, providing an
operational orientation to improve firm profitability of enterprises. The purpose
of the research is to establish a relationship between the practical goals of working
capital management and the firm performance of listed enterprises in Vietnam.
The article uses a quantitative research method to analyze the effects of
receivables turnover, inventory turnover, payables turnover, current assets
turnover, asset turnover, company size, and financial leverage that's affecting
firm profitability, by that, drawing appropriate conclusions and recommendations
to improve business results of the enterprise.

IMPACT OF INTERNAL AUDIT ON FIRM PERFORMANCE IN VIETNAM STEEL INDUSTRY - RESEARCH FINDINGS AND DISCUSSION

Lê Thị Thanh Mỹ, Lê Thị Thanh Nhật — Mon, 01 Apr 2024 10:02:52 +0700

It can be seen the number of empirical research on internal audit is limited in
Vietnam, especially research on the impact of internal audit activities on business
performance. In addition, in the context that businesses in general and steel
industry in particular in Vietnam are still hesitant about whether to establish
internal audit activities or not, conducting research to prove the effectiveness of
internal audit activities is very important. Therefore, this research uses
quantitative research method and the research sample is steel enterprises in
Vietnam having internal audit activities. The research findings show that internal
audit activities affect considerably firm performance in Vietnam steel industry.

FACTORS AFFECTING THE CONTRUCTION OF MANAGEMENT ACCOUNTING SYSTEM AT SEAFOOD BUSINESS ENTERPRISES IN DA NANG CITY

Hồ Tuấn Vũ, Phan Thanh Hải , Lê Anh Tuấn — Mon, 01 Apr 2024 10:07:17 +0700

The purpose of the study is to determine the factors affecting the construction
of management accounting in seafood enterprises in Da Nang city and measure
the influence of each factor on the construction of management accounting. treat.
Through surveying 136 managers from more than 40 seafood enterprises in Da
Nang city and testing using regression models with SPSS 20 software, the authors
have identified 6 influencing factors to the contruction management accounting
at seafood enterprises in Da Nang city including: production technology, business
environment, organizational structure, people, legal regulations, dependence
between departments.

FACTORS AFFECTING THE QUALITY OF FINANCIAL REPORTING INFORMATION IN THE CONTEXT OF THE 4.0 ECONOMY OF SMALL AND MEDIUM ENTERPRISES IN HANOI

Đặng Thị Hồng Hà, Vương Thị Tuyên, Trần Thị Phương — Mon, 01 Apr 2024 10:11:26 +0700

The research was conducted to identify factors and measure the impact of factors on the quality of
information on financial reports of small and medium-sized enterprises in Hanoi in the context of the 4.0
economy. Based on the results of qualitative research on identifying influencing factors, the author
conducted a survey on a sample size of 218 accountants, managers and other relevant subjects working in
the industry. small and medium enterprises in Hanoi. With the quantitative research method, the article
processes data using SPSS 22.0 software, using a multivariate regression model after testing the Cronbach's
Alpha scale and EFA exploratory factor analysis. Research results show that there are two factors including
corporate culture and accounting staff qualifications that impact in the same direction on the quality of
financial reporting information in small and medium-sized enterprises in Hanoi. Finally, the study proposes
some recommendations to further improve the quality of financial reporting information of small and
medium-sized enterprises in Hanoi in the context of the 4.0 economy.

THE IMPACT OF INFORMATION TECHNOLOGY INFRASTRUCTURE ON THE PROFITABILITY OF VIETNAMESE COMMERCIAL BANKS

Bùi Thị Ngọc, Vũ Thị Huyền Trang — Mon, 01 Apr 2024 10:27:40 +0700

The paper analyzes the impact of information technology (IT) infrastructure
on the profitability of Vietnamese commercial banks. The study uses a random
effect model (REM) based on the sample of 30 Vietnamese commercial banks in
the period 2010 to 2020. The results reveal that the increase in IT infrastructure
would has positive effects on profitability of banks. Based on the findings, some
recommendations are suggested for Vietnamese commercial banks to invest in IT
infrastructure to improve the profitability of banks.

RESEARCH SOLUTIONS TO IMPROVE THE USEFULNESS IN FINANCIAL STATEMENTS INFORMATION OF VIETNAMESE ADMINISTRATIVE ENTITIES

Mai Thị Hoàng Minh, Phạm Quang Huy, Đoàn Thị Thảo Uyên, Lê Thị Cẩm Hồng — Mon, 01 Apr 2024 10:32:16 +0700

In order to assess the effectiveness in the operation and public sector
management of state administrative agencies on any regional or national scale, the
leaders of those units have mainly relied on financial information which provided by
the accounting reporting system. Therefore, the usefulness of information on the
public entity’s output statement is extremely important. By mixed research method,
the research results have identified the factors affecting the usefulness of the
information published in the financial statements with the research sample being
Vietnamese administrative agencies. The results have indicated that there are four
groups of factors including legal regulations, professional qualifications, workplace
conditions and supporting tools that will affect the information’s usefulness. The
highest level of influence is the level of expertise as well as other outputs that will be
the basis to confirm that the solutions discussed in the research are suitable for
Vietnam to apply in the near future.