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.