4 stages of the transition from VAS to IFRS

The transition from VAS to IFRS in financial statements is an important step. This process not only requires a deep understanding of accounting standards but also requires careful preparation and implementation in specific stages.

IFRS financial reporting conversion solution for auditing

Accounting and auditing are constantly innovating, especially in the conversion of IFRS financial statements. Vietnamese accounting and auditing standards are also in the process of being completed and adjusted accordingly.

Digital Transformation Trends in IFRS: The Direction of Accounting

Nowadays, businesses are facing pressure to provide accurate and transparent accounting information. Therefore, IFRS has gradually shifted to applying digital technology to improve the quality of accounting information.

Challenges and trends in IFRS conversion of auditors

Nowadays, the application of international accounting standards (IFRS) is becoming increasingly necessary. However, the transition from national accounting standards (VAS) to IFRS is not easy, especially for the auditing industry.

IFRS Conversion Roadmap in Vietnam

The roadmap for applying IFRS in Vietnam is of interest to businesses and accountants. This is a widely applied standard, helping businesses create consistent and comparable financial statements globally.

What businesses need to consider when converting to IFRS

To ensure a smooth and effective transition, businesses need to carefully consider factors such as the scope of the transition, the impact on business processes, adjusting accounting systems and preparing staff.

The impact of digital transformation on IFRS conversion

Digital transformation is one of the undeniable trends of the modern business world. In this context, the application of International Financial Reporting Standards (IFRS) becomes more complex and challenging.

4 factors to help the financial reporting conversion process between VAS and IFRS succeed

Financial data allows investors and managers to evaluate the financial performance of a business or an industry through indicators.

Việt Nam to adopt IFRS by 2025

Việt Nam is expected to adopt International Financial Reporting Standards (IFRS) instead of the current Vietnamese accounting standards (VAS) by 2025 in its efforts to enhance comparability and improve transparency.

Solution for businesses converting from VAS to IFRS

Converting to IFRS is an important step, helping businesses standardize accounting and financial reporting processes, creating a common accounting language for effective communication and comparison in the international market.

Apply IFRS standards in financial reporting in Vietnam

IFRS is considered a common financial language, helping businesses communicate and do business with each other more conveniently and easily.

Challenges in reconciling intercompany transactions and debts: a persistent problem for large enterprises

Vietnamese enterprises prepare for IFRS financial statement conversion: Time is running out?

With the conversion of IFRS standard financial statements, businesses will have many changes in processes, procedures and software, leading to costly costs and time… whether businesses have prepared human resources, knowledge and solutions for applying this standard.

FPT revolutionizes corporate financial management with CFS

CFS – a “Made by FPT” solution that helps close books and consolidate comprehensive financial reports – opens up a superior management direction, fundamentally changing the work of closing books, preparing and consolidating financial reports, especially suitable for large-scale enterprises.

Signing of strategic cooperation agreement on AI, Cloud, Data between FPT Smart Cloud and Medlatec Group

FPT Smart Cloud will become a strategic partner in the digital transformation process of MEDLATEC Group.

Weapons to help businesses shape the future of Finance – CFO Summit 2023

The CFO Summit 2023 program attracted more than 200 senior leaders to attend. FPT Smart Cloud presented with the topic: Weapons to help businesses shape the future of Finance – CFO Summit 2023

Consolidated financial reporting solution that automates 99% of the process – FPT CFS

Workshop on Technology Application in implementing consolidated financial reporting took place: “Practice and Solutions”

Only One Accountant Is Enough To Consolidate The Financial Statements Of FPT Corporation

FPT Corporation only requires one accountant to consolidate the financial statements of all member companies. Furthermore, FPT was one of the earliest companies to submit financial reports in the VN30 list.

Tập đoàn Hải An triển khai dự án Hợp nhất Báo cáo Tài chính

Tập đoàn Hải An và FPT Smart Cloud cùng khởi động dự án hợp nhất Báo cáo tài chính FPT CFS, dự kiến ​​triển khai và đưa vào vận hành vào tháng 12/2023. Đánh dấu hoạt động chiến lược thúc đẩy chuyển đổi số toàn diện ứng dụng AI, Cloud và Data.

FPT Smart Cloud giới thiệu giải pháp hợp nhất báo cáo tài chính

FPT Smart Cloud đã giới thiệu giải pháp hợp nhất báo cáo tài chính FPT CFS giúp chuẩn hóa và tự động hóa việc lập Báo cáo tài chính hợp nhất của Doanh nghiệp, đáp ứng đầy đủ các yêu cầu về lập và trình bày Báo cáo tài chính theo Chuẩn mực VAS và IFRS,