The Effectiveness of Digital Accounting Practices on Goal Achievement for Thai Industrial Plants

Abstract

Manuscript type: Research paperResearch aims: This research examines the effects of digital accountingpractices efficiency on goal achievement at Thai industrial plants.Design/Methodology/Approach: A quantitative survey was conductedusing a structured questionnaire with 132 respondents. Data analysisemployed descriptive statistics and the PROCESS macro for SPSS.Research findings: The findings revealed that digital accounting practiceefficiency significantly enhances organisations value enhancement andfinancial information usefulness. These improvements, in turn, positivelyaffect goal achievement. Furthermore, organisational value enhancementand financial information usefulness serve as mediators in the relationshipbetween digital accounting efficiency and goal achievement.Theoretical contribution/Originality: Empirical evidence supports theresource-based theory, with relevance to Thai industrial plants.Practitioner/Policy implications: These findings underscore theimportance of digital accounting practice efficiency, organisational valueenhancement, and financial information usefulness in goal achievementfor industrial plants.Research limitation: The study’s focus on industrial plants in Thailand,which may restrict the generalizability of the findings