Received: 04-06-2013 / Accepted: 15-08-2013
Errors and fraud reduce the efficacy in running business, especially in medium and small-sized enterprises (SMEs). Research hypothesis is that: are there factors of the accounting information system that associate with fraud and errors in SMEs. Research site focused on Hanoi since there is agreat numbers of SMEs in this area. The findings showed that application of information technology in accounting works; the frequency of inventory; the role of the managers in accounting information system and auditing works are the factors that have most impact to the frequencies of fraud and errors that occur in SMEs. From these findings, some lessons were drawn to minimize fraud and errors in small and medium-sized companiesy as well as to improve the role of accounting in business.
