International Journal of

ADVANCED AND APPLIED SCIENCES

EISSN: 2313-3724, Print ISSN: 2313-626X

Frequency: 12

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 Volume 13, Issue 6 (June 2026), Pages: 144-152

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 Original Research Paper

Cash flow management efficiency in Vietnamese SMEs: The mediating role of accounting information quality

 Author(s): 

Huy Manh Dao 1, Mai Phuong Dang 2, *

 Affiliation(s):

1Faculty of Accounting, University of Labour and Social Affairs, Hanoi, Vietnam
2Faculty of Corporate Finance, Academy of Finance, Hanoi, Vietnam

 Full text

    Full Text - PDF

 * Corresponding Author. 

   Corresponding author's ORCID profile:  https://orcid.org/0009-0008-3323-5080

 Digital Object Identifier (DOI)

 
https://doi.org/10.21833/ijaas.2026.06.014

 Abstract

This study examines how accounting information systems and internal controls affect Cash Flow Management Efficiency. It integrates Contingency Theory, the Information Systems Success Model, and the Resource-Based View. Primary data were collected from August to November 2024 through surveys of 248 enterprises in Vietnam and analyzed using Partial Least Squares Structural Equation Modeling. The empirical results show that the proposed model explains 36.2% of the variance in information quality and 26.8% of the variance in Cash Flow Management Efficiency. Specifically, both technical system quality (β = 0.396) and Internal Control Effectiveness (β = 0.403) have strong positive effects on output information quality. Notably, Accounting Information Quality is identified as the main driver of cash flow efficiency (β = 0.476) and serves as an important mediator. Furthermore, the rejection of the moderating hypothesis (β = -0.043), together with the confirmation of the direct effect of Managerial Financial Literacy (β = 0.188), indicates that financial knowledge functions as an independent strategic resource rather than merely a moderating factor. These findings suggest that the integrated development of technological resources and human capital should be a key priority for optimizing corporate liquidity.

 © 2026 The Authors. Published by IASE.

 This is an open access article under the CC BY-NC-ND license (https://creativecommons.org/licenses/by-nc-nd/4.0/).

 Keywords

Accounting information systems, Internal controls, Information quality, Cash flow management, Financial literacy

 Article history

Received 4 February 2026, Received in revised form 10 June 2026, Accepted 15 June 2026

 Acknowledgment

No Acknowledgment. 

 Compliance with ethical standards

 Ethical considerations

This study involved the use of a questionnaire administered to human participants. All participants were fully informed about the purpose of the research and voluntarily provided their informed consent prior to completing the survey. Data were collected anonymously to ensure the privacy and confidentiality of the participants. 

 Conflict of interest: The author(s) declared no potential conflicts of interest with respect to the research, authorship, and/or publication of this article.

 Citation:

Dao HM and Dang MP (2026). Cash flow management efficiency in Vietnamese SMEs: The mediating role of accounting information quality. International Journal of Advanced and Applied Sciences, 13(6): 144-152

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