vaa officially implements international financial reporting standards

VAA officially implements International Financial Reporting Standards

The Vietnam Federation of Accountants and Auditors (VAA), PwC Vietnam, and the Institute of Chartered Accountants in England and Wales (ICAEW) signed a cooperation agreement on the implementation of International Financial Reporting Standards (IFRS) on October 16.
business transparency to be improved through ifrs

Business transparency to be improved through IFRS

Adopting globally used financial reporting standards will help businesses enhance transparency and increase the chances of pulling in new funding.
imexpharm and deloitte vietnam launch flagship project on resource management

Imexpharm and Deloitte Vietnam launch flagship project on resource management

Imexpharm Pharmaceuticals JSC and Deloitte Vietnam celebrated the launch of a project to upgrade its enterprise resource planning system leveraging flagship SAP S/4HANA solution on July 3 at Imexpharm's headquarters in Dong Thap province.
forvis mazars tax ifrs dialogue connects businesses

Forvis Mazars Tax & IFRS Dialogue connects businesses

The Forvis Mazars office in Hanoi continues its monthly Dialogue series, creating opportunities for experts and businesses to meet, exchange ideas, and update important knowledge in finance, auditing, and business consulting
acca partners with vinasme to empower businesses in nghe an province

ACCA partners with VINASME to empower businesses in Nghe An province

The Association of Chartered Certified Accountants (ACCA) joined forces with the Vietnam Association of Small and Medium Enterprises (VINASME) on January 13 to organise comprehensive workshops in Vinh city, Nghe An province, a locality near the northernmost part of Vietnam’s north central coastal region.
nam a bank and ey vietnam collaborate to elevate ifrs project

Nam A Bank and EY Vietnam collaborate to elevate IFRS project

Nam A Bank, in partnership with Ernst & Young Vietnam (EY Vietnam), successfully completed the implementation of its International Financial Reporting Standards (IFRS) project on October 19.
pvi expedites ifrs compliance journey with accelerator solution

PVI expedites IFRS compliance journey with accelerator solution

Insurers worldwide are under intensifying time pressure to implement International Financial Reporting Standard 17 (IFRS17) Insurance Contracts. Facing its own January 2023 compliance deadline for group reporting, Hanoi-based PVI – majority owned by German insurance giant HDI Global – has deployed a fast-track IFRS 17 solution – KPMG IFRS 17 Express – fusing KPMG’s industry acumen and SAS analytics.
businesses lining up for ifrs conversion

Businesses lining up for IFRS conversion

Vietnamese businesses’ conversion and adoption of the International Financial Reporting Standards are among the most significant measures towards pushing for greater transparency, particularly for publicly traded entities, according to a number of senior executives.
which banks lead international risk management standards

Which banks lead international risk management standards?

Besides Basel II, many banks have also applied Basel III and IFRS 9. These international standards help banks improve risk management and competitiveness compared with their peers, which also contributes to the effective and sustainable development of the credit institution system.
major boost for finance and accounting students

Major boost for finance and accounting students

During March and April, the Vietnam Association of Certified Public Accountants (VACPA) and a number of universities signed cooperation agreements to offer the International Financial Reporting Coordination Certificate (IFRS) course to students majoring in Finance and Accounting.
business leaders meet to discuss the changing nature of finance

Business leaders meet to discuss the changing nature of finance

A conference was held on April 6 at Lotte Hotel, Saigon to discuss the transformation journeys of organisations, the need to be more forward-thinking, and how to focus on value-added activities to remain relevant in a changing world.
training and cooperation at heart of ifrs compliance

Training and cooperation at heart of IFRS compliance

Preparation for the conversion to and adoption of International Financial Reporting Standards (IFRS) by Vietnam-based companies is one of the most important steps towards propelling economic development with greater transparency. However, various challenges still colour the landscape.
vietnam on cusp of financial reporting standards upgrade

Vietnam on cusp of financial reporting standards upgrade

The Ministry of Finance has taken a major step forward in its efforts to raise the bar for the country’s financial status with the future integration of International Financial Reporting Standards – the most widely-used accounting language across the globe.
kpmg in vietnam signs mou with the association of chartered certified accountants

KPMG in Vietnam signs MoU with The Association of Chartered Certified Accountants

KPMG in Vietnam and the Association of Chartered Certified Accountants (ACCA Vietnam) signed an MoU, sealing their agreement to collaborate in promoting the application of IFRS and the development of the accounting profession in Vietnam.
tailored ifrs training for state securities commission employees

Tailored IFRS training for State Securities Commission employees

The State Securities Commission of Vietnam, in collaboration with leading auditing firm KPMG Vietnam, has recently hosted a training programme on International Financial Reporting Standards (IFRS) for employees working at the commission (SSC), Hanoi Stock Exchange (HNX), Ho Chi Minh City Stock Exchange (HSX), and Vietnam Securities Depository (VSD).