FACTORS AFFECTING THE QUALITY OF FINANCIAL STATEMENTS AT ADMINISTRATIVE AND NON-BUSINESS UNITS IN DUC HUE DISTRICT, LONG AN PROVINCE
Abstract
The paper studies the factors affecting the quality of financial statements at administrative and non-business units in Duc Hue district, Long An province. The research has used the methods of general analysis, survey, descriptive statistics and factor analysis. Cronbach’s Alpha reliability coefficient tools and EFA analysis are used to verify the scale in the official quantitative study with sample size 240. As a result, there are 7 factors affecting the quality of financial statements. Accordingly, all 7 factors have the same direction and are arranged in descending order: (1) Legal environment; (2) The accounting information system of the entity; (3) Economic environment; (4) Cultural environment; (5) The political environment; (6) Educational environment; (7) Training and retraining cadres and civil servants.