ACCOUNTING FOR ISSUED BONDS AT VIETNAMESE ENTERPRISES

Abstract

Issuing bonds is an effective channel for capital mobilization, applied by many Vietnamese enterprises. The Vietnamese accounting regime has regulations on accounting for issued bonds and enterprises have implemented them. In practice, there are some errors due to accountants have done not understand clearly or insufficient understanding in accounting, leading to incorrect or incomplete accounting information for issued bonds. This article provides an overview of the regulations on accounting for issued bonds in Vietnam and the results of a survey of 256 enterprises that have implemented bond issuance accounting, summarizes some contents that enterprises are not understanding and implementing correctly, and proposes solutions to improve the legal framework and improve human resource capacity to improve the quality of accounting for issued bonds in Vietnamese enterprises.