LIST OF TABLES
Table 1. 1: Summary table of foreign studies 12
Table 1. 2: Summary table of domestic studies 25
Table 3.1: Summary table of factors influencing the choice of accounting policies based on previous studies 51
Table 3.2: Table of factors influencing the choice of accounting policies based on the theoretical foundation 52
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Table 3. 3: Summary table of measurement scales 55
Table 3.4: Survey results of experts 58
Table 4.1: Statistical table of the number of survey tables 63
Table 4.2: Statistical results table of survey sample 63
Table 4.3: Descriptive statistics results of Tax scale 64
Table 4. 4: Descriptive statistics results of the Information Needs scale 65
Table 4.5: Descriptive statistics results of the scale of Financial Statements Honesty and Reasonableness 65
Table 4.6: Descriptive statistics results of the scale of Accounting staff qualifications 65
Table 4.7: Descriptive statistics results of the Bonus Plan scale 66
Table 4.8: Descriptive statistics results of the Debt Level scale 66
Table 4.9: Descriptive statistics results of the Accounting Policy scale 66
Table 4.10: Cronbach's Alpha reliability coefficient results for tax factor scale 67
Table 4.11: Cronbach's Alpha reliability coefficient results for the information need factor scale 68
Table 4.12: Cronbach's Alpha reliability coefficient results of the scale measuring the factor of honesty and reasonableness of financial statements 69
Table 4.13: Cronbach's Alpha reliability coefficient results for the scale measuring the level of accounting staff 70
Table 4.14: Cronbach's Alpha reliability coefficient results of the compensation plan factor measurement scale 71
Table 4.15: Cronbach's Alpha reliability coefficient results of the debt level factor scale. 72
Table 4.16: Cronbach's Alpha reliability coefficient results of the dependent variable scale of the choice of financial services of FDI enterprises in Binh Duong province 72
Table 4.17: Summary of Cronbach's Alpha reliability coefficient test results 73
Table 4. 18: Results of KMO and Bartlett's Test 74
Table 4.19: Factor analysis - variance extracted for independent variables 75
Table 4.20: Rotated factor matrix of independent variables 76
Table 4.21: Summary of independent variable scales after EFA 77 exploratory analysis
Table 4. 22: Results of KMO coefficient and Bartlett's Test for dependent variable 80
Table 4.23: Factor analysis - variance extracted for dependent variable 80
Table 4.24: Factor analysis of dependent variable 81
Table 4.25: Correlation coefficient matrix 82
Table 4.26: Model fit test 83
Table 4.27: ANOVA test 84
Table 4.28: Results of multiple regression analysis 84
LIST OF FIGURES, DIAGRAMS, CHARTS
Figure 3.1: Description of the research process on accounting policy selection of FDI enterprises in Binh Duong province 48
Figure 3.2: Proposed research model 53
Figure 4.1: Research model results 87
Figure 4.2: Histogram 88
Figure 4. 3: QQ Plot 88
Figure 4. 4: Scatterplot 89
SUMMARY
The topic "Research on the choice of accounting policies of foreign-invested enterprises in Binh Duong province". The general objective of the topic is to research the choice of accounting policies of foreign-invested enterprises in Binh Duong province. From there, provide management implications and recommendations in the selection of appropriate accounting policies for foreign-invested enterprises in Binh Duong province.
The study presents an overview of previous domestic and foreign studies related to the choice of accounting policies of enterprises. The author inherits the results of previous studies to identify research gaps for the thesis. The study applies and develops models of previous studies and agency theory, information asymmetry theory, and useful information theory to complete the research model. The study contributes significantly to related studies in the field of accounting policy implementation on factors affecting accounting policies of foreign-invested enterprises.
The research uses a mixed research method, combining qualitative and quantitative research methods. The research results show that there are 03 factors affecting the choice of accounting policy: "Tax", "Financial statement fairness", "Reward plan". In which, the factor "Tax" (β = 0.489) has the strongest impact, the second is the factor "Financial statement fairness" (β = 0.295) and finally the factor "Reward plan" (β = 0.282). In addition, based on the research results, the author proposes management implications to help enterprises choose appropriate accounting policies for foreign-invested enterprises in Binh Duong province.
INTRODUCTION
1. Reason for choosing the topic
Accounting policies (CSKT) are specific accounting principles, bases and methods chosen by an enterprise to apply in the preparation and presentation of financial statements. CSKT is not only of interest to accountants but also to auditors, business administrators, business owners and investors. The concept of CSKT was formed and widely used when Vietnam issued and applied accounting standards (VAS 21, VAS 29).
Each enterprise's consistent selection and application of accounting policies has a significant impact on the financial data published internally and externally. In developed countries, the application and implementation of the enterprise's accounting policy selection is always a top priority because it is related to the investor's profit, the distribution of dividends to shareholders, and short-term and long-term cash flows in the use of debt. Accounting policies appropriate to the enterprise will help provide important economic and financial information to serve the needs of users. FDI enterprises are applying the accounting regime guidance according to Circular No. 200/2014/TT-BTC issued on December 22, 2014 and 26 Vietnamese Accounting Standards to select accounting policies, implement basic accounting principles and requirements, elements and record elements of the enterprise's financial statements to help enterprises record and prepare financial statements in accordance with the provisions of the Law in Vietnam in a unified manner and handle issues that have not been specifically regulated to ensure that the information on the financial statements reflects honestly and reasonably. On the other hand, FDI enterprises also implement and apply International Financial Reporting Standards (IFRS) for the presentation and preparation of financial statements between subsidiaries in Vietnam and parent companies abroad, multinational companies.
Currently, Vietnam has an open-door policy to attract foreign investment and Binh Duong is one of the provinces attracting large investment capital in the country. Foreign-invested enterprises (FDI) in Binh Duong play an important role in creating jobs, increasing income for workers, contributing to increasing budget revenue and implementing social security policies for the country. However, there are still some
FDI enterprises are not interested in choosing appropriate technical infrastructure but only in profit.
taking advantage of some local preferential policies and legal gaps to benefit enterprises. Likewise, FDI enterprises have not paid attention to the investment environment, tax obligations to state agencies or welfare policies for workers, but only to deal with the authorities.
From the reality of FDI enterprises, as well as the practicality of accounting policies for FDI enterprises. The thesis chooses the topic "Research on the choice of accounting policies of foreign invested enterprises in Binh Duong province" as the research topic.
2. Research objectives
2.1 General objectives
The general objective of the topic is to study the choice of accounting policies of FDI enterprises in Binh Duong province. From there, it provides implications and recommendations in choosing appropriate accounting policies for foreign invested enterprises in Binh Duong province.
2.2 Specific objectives
(1) Identify factors affecting the choice of economic policies of FDI enterprises in Binh Duong province.
(2) Measuring the level of influence of factors affecting the choice of economic infrastructure of FDI enterprises in Binh Duong province.
(3) Propose some implications and recommendations related to the research results.
3. Research questions
To achieve the objectives of the topic, the research content aims to answer the questions
after:
(1) What factors affect the choice of economic policies of FDI enterprises?
in Binh Duong province?
(2) What is the level of influence of factors on the choice of economic infrastructure of FDI enterprises in Binh Duong province?
(3) What implications and recommendations should be proposed to suit the choice of technical infrastructure of FDI enterprises in Binh Duong province?
4. Research object and scope
4.1. Research subjects
Factors affecting the choice of economic infrastructure of FDI enterprises in Binh Duong province.
4.2. Scope of research
About space: In Binh Duong province
About time: Research on factors affecting the choice of financial services of FDI enterprises in Binh Duong province in the 2020 financial reporting year.
Regarding content: The thesis only focuses on studying the choice of economic policies of FDI enterprises in Binh Duong province.
5. Research methods
5.1. Research methods.
The research process mainly uses mixed research methods,
specifically:
Qualitative research: Research that collects information directly by
Interviewing and collecting opinions from experts who are accountants, chief accountants, and directors at FDI enterprises in Binh Duong province, systematizing theoretical basis by synthesis and analysis methods. Conducting a survey of information to help select appropriate accounting policies for FDI enterprises in Binh Duong province.
Quantitative research: The study collects data through a survey after forming a questionnaire from the results of the qualitative research, building a linear regression model, then using SPSS software to evaluate the reliability of the Cronbach's alpha scale, EFA exploratory factor analysis, regression analysis, and testing the impact level of factors on the choice of financial services of FDI enterprises in Binh Duong province.
5.2. Data collection method
Primary data: Taken from survey forms conducted through collecting opinions based on prepared questionnaires of observation samples of accountants, chief accountants, and financial directors working at FDI enterprises in Binh Duong province.
Secondary data: Data collected during observation and survey of FDI enterprises in Binh Duong province from October 2021 to December 2021.
6. Scientific significance
6.1 Theoretical
The study applies and develops models from previous studies and agency theory, information asymmetry theory, and useful information theory to complete the research model. The study contributes significantly to related studies in the field of implementing economic policies on factors affecting economic policies of FDI enterprises.
6.2 In practice
Identifying factors affecting the choice of economic infrastructure of FDI enterprises in Binh Duong province. Through the survey, the study has reflected the current situation of economic infrastructure choice of FDI enterprises in Binh Duong province, at the same time measuring the level of impact and analyzing and evaluating the research results of factors affecting the choice of economic infrastructure of FDI enterprises in Binh Duong province.
The study helps FDI enterprises understand the importance of choosing appropriate accounting policies to ensure the honesty and reasonableness of financial statements. Through assessing the current situation of choosing accounting policies of FDI enterprises in Binh Duong province. The study proposes some implications and recommendations for choosing appropriate accounting policies for foreign-invested enterprises in Binh Duong province.
7. Structure of the topic
In addition to the introduction and general conclusion, references, appendixes, the thesis has 5 chapters.
Chapter 1: Overview of research Chapter 2: Theoretical basis
Chapter 3: Research methodology Chapter 4: Research results and discussion Chapter 5: Conclusion - Implications and recommendations.