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.
IFRS for better financial reporting in Vietnam

IFRS for better financial reporting in Vietnam 1

The recent announcement of a roadmap for international financial reporting standards (IFRS) in Vietnam marks a key milestone on the path of improvement of financial reporting quality in the country.