The calibrated model comprises of 5 factors that have impact on the utilization of accounting legislation in Vietnamese SMEs, namely: factor no.1, which is referred to in our study as "Accounting infrastructure", with its rating scale relating to accountinginfrastructure and experience of accountants; factor no. 2 called "The legal framework itself"; factor no.3 called "Accountants"; factor no.4 called "mandatory compliance"; and the final factor called "Cost - benefit relationship".