INTERNATIONAL FINANCIAL REPORTING STANDARDS ON FINANCIAL ASSETS AND ACCOUNTING METHODS FOR INVESTMENT IN CORPORATE BONDS UNDER VIETNAM'S ACCOUNTING REGIME

Abstract

This study presents the provisions of International Financial Reporting
Standards (IFRS) on measuring, recording, presenting and disclosing financial
asset information. At the same time, these provisions are applied in measuring,
recording, presenting and disclosing investments in bonds in the firms. Thereby,
identifying similarities and inconsistencies in Vietnam's regulations on holding
financial instruments as bonds with the contents of IFRS on financial
instruments, particularly financial assets.