Abstract
This study analyzes the factors affecting the intention to apply the International Financial Reporting Standards (IFRS) and the willingness to apply IFRS in listed companies in Vietnam. The research team chose Theory of Planned Behavior (TPB), combined with Technology Acceptance Model (TAM) as conceptual frameworks. Based on previous studies, the authors build a model with a new moderator on the accountant's advice. The variables namely director's attitude, subjective norm, and perceived behavioral control are all broken down into smaller variables for further analysis throughout the study. This study systematizes the results of previous research, from which (1) develop a theoretical framework, (2) propose factors that affect the intention to apply (IFRS) of the enterprise, (3) measure and analyze the influence of the factors given on the intention to apply IFRS of listed companies and finally, (4) propose possible solutions to effectively and efficiently accelerate the application of IFRS, thereby helping Vietnamese listed enterprises to accomplish the scheme set out by the Ministry of Finance.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Doan, et al.: Factors affecting the application of IFRS through the perceptions of business managers and auditors in Vietnam. Prob. Perspect. Manag. 18(1), 371–384 (2020)
Clarkson, P.M., Hanna, J.D., Richardson, G.D., Thompson, R.: The impact of IFRS adoption on the value relevance of book value and earnings. J. Contemp. Account. Econ. 7(1), 1–17 (2011)
Chua, Y.L., Cheong, C.S., Gould, G.: The impact of mandatory IFRS adoption on accounting quality: evidence from Australia. J. Int. Account. Res. 11(1), 119–146 (2012)
Jermakowicz, E.K.: Effects of adoption of international financial reporting standards in Belgium: The evidence from BEL-20 companies. Acc. Eur. 1, 51–70 (2004)
Nguyen: The effects of the legal environment on the entire application of IFRS for small and mediumsized enterprises: The case of Vietnam. Accounting 7(6), 1463–1470 (2021)
Jermakowicz, E.K., Tomaszewski, G.: Implementing IFRS from the perspective of EU publicly traded companies. J. Int. Account. Audit. Tax. 15, 170–196 (2006)
Cuong, N.H.: The possibilities of adopting IAS/IFRS in Vietnam: an analysis. Corp. Ownersh. Control. 9(1), 161–171 (2011)
Diep, N.T.N.: Applicability of IFRS in Vietnam stock exchange listed companies: Perspective from Theory of Planned Behavior. Ho Chi Minh City Open Univ. J. Sci.-Econ. Bus. Admin. 11(1), 109–121 (2021)
Ajzen, I.: Nature and operation of attitudes. Annu. Rev. Psychol. 52(1), 27–58 (2001)
Davis, F.D.: Perceived usefulness, perceived ease of use, and user acceptance of Information Technology. MISmQuarterly 13(3), 319–340 (1989)
Brochet, F., Alan, D.J., Edward, J.R.: Mandatory IFRS adoption and financial statement comparability. Contemp. Account. Res. 30(4), 1373–1400 (2013)
Lee, G., Fargher, N.L.: Did the adoption of IFRS encourage cross-border investment? The Social Science Research Network
Yaacob, N.M., Che-Ahmad, A.: Audit fees after IFRS adoption: evidence from Malaysia. Eur. Bus. Rev. 2, 31–46 (2012)
Joshi, P.L., Bremser, W.G., Al-Ajmi, J.: Perceptions of accounting professionals in the adoption and implementation of a single set of global accounting standards: evidence from Bahrain. Adv. Account. 24(1), 41–48 (2008)
Bozkurt, O.: Öz, Y: Perceptions of professionals interested in accounting and auditing about acceptance and adaptation of global financial reporting standards. J. Econo. Finance Admin. Sci. 18(34), 16–23 (2013)
Cialdini, R.B., Reno, R.R., Kallgren, C.A.: A focus theory of normative conduct: recycling the concept of norms to reduce littering in public places. J. Pers. Soc. Psychol. 58(6), 1015–1026 (1990)
Yen Sun, S.E., Buss, M.: The convergence of IFRS in Indonesia accounting standard: do vocational schools need to change their curriculum? Int J. Inf. Technol. Bus. Manage. 2(1), 30–35 (2012)
Bandura, A.: Self-efficacy: The Exercise of Control, 1st edn. W. H. Freeman, United States (1997)
Samaha, K., Khlif, H.: Adoption of and compliance with IFRS in developing countries: a synthesis of theories and directions for future research. J. Acc. Emerg. Econ. 6(1), 33–49 (2016)
Abdul-Muhmin, A.G.: Explaining consumers’ willingness to be environmentally friendly. Int. J. Consum. Stud. 31(1), 237–247 (2007)
Hair, J.F., Black, W.C., Babin, B.J., Anderson, R.E., Tatham, R.L.: Multivariate Data Analysis (5th ed) Upper Saddle River 5(3), 207–219 (1998)
Joos, P.P., Leung, E.: Investor perceptions of potential IFRS adoption in the United States. Account. Rev. 88(2), 577–609 (2013)
Trinh, V.B.: Readiness Assessment on IFRS Adoption. Deloitte, Vietnam (2020)
Greenhalgh, C., Rogers, M.: Innovation, Intellectual Property, and Economic Growth, 1st edn. Princeton University Press, United States (2010)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2024 The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd.
About this paper
Cite this paper
Nguyen, T.T.H., Tran, N.M., Tran, T.M.A., Dong, T.A., Nguyen, D.T., Tran, Q.A.Q. (2024). Impacts of Bod’s Attitude, Subjective Norm and Perceived Behavioral Control on Intention of Applying IFRSs: Control Role of Accountant’s Consultancy in Vietnamese Listed Companies. In: Nguyen, T.H.N., Burrell, D.N., Solanki, V.K., Mai, N.A. (eds) Proceedings of the 4th International Conference on Research in Management and Technovation. ICRMAT 2023. Springer, Singapore. https://doi.org/10.1007/978-981-99-8472-5_37
Download citation
DOI: https://doi.org/10.1007/978-981-99-8472-5_37
Published:
Publisher Name: Springer, Singapore
Print ISBN: 978-981-99-8471-8
Online ISBN: 978-981-99-8472-5
eBook Packages: Business and ManagementBusiness and Management (R0)