Problems and Solutions to the Problem of Accounting for Corporate Income Tax and Value Added Tax of Accountantsin The Accounting Service Office KhonKaen Province

Abstract

          The purposes of this study were: 1) to study current situation of accountants 2) to study important factors affecting accounting problems 3) to propose solutions in solving accounting problems in order to pay corporate income tax and value-added tax of accountants in accounting service offices, Khon Kaen province. A questionnaire was used to collect the data from 194 accountants in accounting service offices. The sample size was derived from Taro Yamane. Percentage, mean, standard deviation and exploratory factor analysis were employed to analyze the collected data. The results revealed that accountants in accounting service offices were young. In addition, they had low experiences and did not understand the accounting principles and tax accounting principles. As results, 8accounting problems had been found, including 1) recording of  revenue from hire-purchase contracts in the period of unpaid 2) recoding of costs of loan 3) recording of rents of private cars and omnibuses, which have no more than 10 seats 4) recording educational supporting expenses 5) recognition of service revenues 6) recognition of input tax lists of businesses that are in the value-added tax system and not in the value-added tax system 7) recording of entertainment expenses 8) recording of assessment of new assets. Consequently, accountants should be supported and created knowledge about related account principles and tax accounting principles.