Vietnamese Accounting Reform and International Convergence of Vietnamese Accounting Standards

Abstract

Due to the economic globalization, the international convergence of accounting standards is inevitable. But the level of economic globalization in among of countries are not the same. There are some differences in accounting environment in the countries. This paper studies international convergence of Vietnamese accounting standards. Firstly, the paper summarizes of the process of Vietnam's accounting reform, second analysis differences between Vietnamese accounting standards and International accounting standards. Finally, proposed strategy convergence of Vietnamese accounting standards and International accounting standards. [PUBLICATION ABSTRACT]