Sinlarat (2011) studied factors which influence the development of Thai education and found relationships between Educational Development and Ethics, Knowledge, Capability, Relationships and Responsibility, as well as with issues relating to Analysis, Communication, and Technical Skills. This finding is consistent with the standards set by the Thai Minister of Education in 2010 for undergraduate study to develop and improve the quality of education and students in the five areas of Ethics; Knowledge; Capability; Relationships and Responsibility; and Analysis, Communication and Technical Skills. Kunklaw (2014) also found a positive relationship between Thai accounting professionals’ readiness for the AEC and their Capability competency, but found no relationship with other competencies.