EFFECTS OF AUDIT ADAPTATION COMPETENCY ON AUDIT SURVIVAL OF TAX AUDITORS (TAs) IN THAILAND

Since the business globalization has increased the demand for high-quality financial reporting, the professional auditors should adapt themselves with continuing professional development in order to play a crucial governance role of protecting and serving public interest. The purpose of this research is to identify the relationships between audit adaptation competency and audit survival. This research uses Ordinary Least Squares (OLS) regression analysis to test all hypotheses with 205 tax auditors in Thailand. The results indicate that the significantly positive effect of three dimensions of audit adaptation competency on audit function efficiency, audit practice excellence, and audit procedure effectiveness, which resulting to audit quality and audit survival. This research will provide valuable information regarding superior audit quality and audit survival are possibly determined by audit adaptation competency.