Author(s): Sukrita Pumkaew, Jenta Kaewfai, Nantharat Namburi, Warawut Waranantakul, Sirichai Namburi, Jenwit Wareebor
Managing an organization to achieve the goal amidst the complicated and challenging environments is an administrative decision based on credible information. The accounting information is regarded as one of the data resources to help the administrators make a decision. Hence it is crucial in the current situation that our world is encountering extremely hard. For achieving the survival goal in such a situation, it is necessary to have accounting information reaching flexibility and being systematic. Thus, this research emphasizes the measurement model of the managerial accounting practice using Quantitative Methods. The study collected the data from the group of residence executives, a total of 109 samples. The instrument used is questionnaires. The data analysis used the Second Order Confirmatory Factor Analysis. The research result revealed that the study is harmonious with the empirical data and factor loading of the two levels that passed the criteria excellently. The result can rearrange from more to less of the second order as follows: Performance Evaluation (PE), Information for Decision-Making (ID), Strategic Analysis (SA), Budgeting (BU), and Cost System (CS). This result expresses that the business focuses on the managerial accounting practice that was accurate and credible. It makes the executives be able to view their organizations, as a whole image, until they can lead their organizations to deal with the changing situations of this current world properly at the maximum level.