Proposed solutions for efficient implementation road to IFRS in Vietnam

Abstract

The study addresses important standards related to the transition to IFRS in Vietnam, and outlines the steps to be taken when converting Vietnamese accounting standards to reporting standards. international financial statements. In addition, specifying a number of important standards and steps to implement each standard, reviewing the conversion issues in order to increase efficiency in the implementation of Decision No. 345/QD-BTC dated March 16, 2020 on the Scheme on the application of international financial reporting standards (IFRS) in Vietnam.