{"id":213,"date":"2020-01-30T16:22:00","date_gmt":"2020-01-30T07:22:00","guid":{"rendered":"http:\/\/suzuki-global.com\/vietnam-accounting\/?p=213"},"modified":"2021-12-18T21:30:51","modified_gmt":"2021-12-18T12:30:51","slug":"difference-between-vas-and-ifrs","status":"publish","type":"post","link":"https:\/\/suzuki-global.com\/en\/difference-between-vas-and-ifrs\/","title":{"rendered":"Difference between VAS and IFRS: Introducing the characteristics of accounting standards in Vietnam (display of financial statements and account code)"},"content":{"rendered":"
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Difference between VAS and IFRS: Introducing the characteristics of Vietnamese accounting standards<\/span><\/h2>\n

Vietnam Accounting Standard<\/span><\/a>(VAS) isInternational Financial Reporting Standards (IFRS)<\/span><\/a>Has been adopted as the basis. International Financial Reporting Standards IFRS is a global accounting standard issued and regulated by the International Accounting Standards Board (IASB), which describes the preparation and presentation of financial reports.<\/span><\/p>\n

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\u21d2Comparison table of VAS and IFRS<\/strong><\/span><\/a><\/p>
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There are important differences between VAS and IFRS, and here are some of them.<\/span><\/p>\n

Vietnam government based on IFRSVAS<\/span><\/a>Is issued. To provide guidance to Vietnamese local and foreign companies on these standards, the Ministry of Finance has issued a Circular, No 200\/2014\/TT-BTC and No. 202\/2014\/TT, which will increase the comparability and transparency of companies. -Issuing BTC.<\/span><\/p>\n

Difference between VAS and IFRS: Presentation of financial statements<\/span><\/h2>\n

The financial statements under IFRS mainly consist of:<\/span><\/p>\n