The Impact of Cloud-Based Accounting on Financial Reporting Quality in Traditional Chinese Medicine Clinics in Thailand

Abstract

This study aims to examine (1) the level of financial reporting quality of traditional Chinese medicine clinics, (2) the impact of cloud-based accounting systems on the financial reporting quality of such clinics, and (3) the impact of the professional skills of accountants on the financial reporting quality of traditional Chinese medicine clinics in Thailand. This quantitative study collected data from 265 accountants working in clinics nationwide through online questionnaires. The data were analyzed using multiple regression analysis. The results revealed that (1) the financial reporting quality of traditional Chinese medicine clinics was at a high level, particularly in the dimensions of verifiability and reliability. (2) The cloud-based accounting system had a statistically significant positive impact (p < 0.01) on the financial reporting quality of these clinics in all dimensions, including understandability, decision usefulness, reliability, comparability, timeliness, and verifiability. (3) The professional skills of accountants were not found to have a statistically significant impact (p > 0.01) on the financial reporting quality of traditional Chinese medicine clinics.