ICFAA 2019: Contemporary issues in accounting, auditing, and finance

November 12, 2019 | 10:45
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National Economics University (NEU), in collaboration with the Institute of Chartered Accountants in England and Wales (ICAEW, the United Kingdom) and Cardiff Metropolitan University (the United Kingdom), have organised the second International Conference on Finance, Accounting and Auditing (ICFAA) under the theme “Contemporary Issues in Accounting, Auditing and Finance”.
icfaa 2019 contemporary issues in accounting auditing and finance
ICFAA 2019 was organised under the theme "Contemporary Issues in Accounting, Auditing and Finance”

Following the success of the first organisation in 2018, ICFAA 2019 is now an established event, attracting global participants around the world. The aim of the conference is to provide a forum for researchers, practitioners, and educators to present and discuss the most recent innovations, trends, experiences, and concerns in the field of accounting, auditing, and finance.

Speaking at this conference, Nguyen Thu Thuy, deputy director general of the Higher Education Department of the Ministry of Education and Training, shared, “Accounting, auditing, and finance have always been a very important sector of the economy, and of the education system as well. This sector has been rapidly changing around the world, together with the changes in technologies and governance structures. The new developments in this area have been serving the competitiveness of the whole economy.”

“From the Ministry of Education and Training’s point of view, we are looking for ideas, opinions, and recommendations concerning education and training in accounting, auditing, and finance in the context of international integration. We are very much interested in your contributions towards the implementation of Vietnam’s National Qualifications Framework, by your proposals and suggestions for building up the programme standards and learning outcomes for majors in accounting, auditing, and finance. Thereby, we together will contribute to enhancing the quality of higher education in Vietnam towards regional and international standards, to preparing our human resources for the changing markets in the new context,” she added.

Pham Hong Chuong, the rector of NEU, shared, “The second International Conference on Finance, Accounting, and Auditing (ICFAA 2019) under the theme 'Contemporary Issues in Accounting, Auditing and Finance' provides a wonderful chance for leaders, educators, experts, and scholars from all over the world to share and discuss ideas on crucial issues and current trends in the field of accounting, auditing, and finance. Economic growth and integration together with new concerns bring many challenges to the companies, practitioners, and government agencies alike. The implications of IT, especially AI, have not only provided effective tools but also great challenges for all of us. New practices require a new approach, new standards and our students, researchers, professors have to be prepared for those challenges. This workshop is to help us improve our research and our education programme.”

After the general session at the conference with the presentation titled "Blue Ocean in Accounting, Auditing and Finance Research", by Ho Yew Kee from Singapore Institute of Technology, another parallel session focusing on the three areas of accounting, auditing, and finance. This is a great opportunity for researchers to discuss and exchange, provide more scientific and practical arguments, solutions, and recommendations for government agencies, training institutions, companies, and others on contemporary issues in the fields of accounting, auditing, and finance.

In the context of accounting, auditing, and finance, which are the fields affected by digital technology in the Fourth Industrial Revolution, this international conference organised by the National Economics University in co-operation with international organisations is very practical and relevant to update and share information among researchers, practitioners, and educators, as well as international training organisations. Through the conference, the researchers and universities in Vietnam can grasp new trends in the world, so that they can formulate innovation strategies in order to catch up with the development of the region and the world.

By Minh Hai

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