August 28, 2018

EY Vietnam supported the Ministry of Finance and ACCA to organize the second advanced IFRS training courses

This training paved the way for IFRS adoption in Vietnam and EY is committed to supporting the Ministry of Finance, the VAS Drafting Board and the business community on their way to success.

The second advanced IFRS training courses were recently held at the Head Office of the Ministry of Finance (MOF) in Hanoi (15-17/8) and the Ho Chi Minh City Stock Exchange (20-22/8). These events were co-hosted by MOF and ACCA, with support from EY Vietnam in both locations.

Training at the Head Office of the Ministry of Finance (MOF) in Hanoi (15-17/8)

Training at the Ho Chi Minh City Stock Exchange (20-22/8)

EY Vietnam shared in-depth knowledge of International Financial Reporting Standards (IFRS) theory as well as discussed real-life applications of IAS 36 – Impairment of Assets and IAS 23 – Borrowing Costs in Vietnam. We also addressed challenges and pointed out necessary preparations for effective application of these standards in Vietnam to the Ministry of Finance, the Vietnamese Accounting Standard (VAS) Drafting Board and the delegates.

The training received more than 400 delegates from the Ministry of Finance, the Securities and Exchange Commission, the VAS Drafting Board, representatives from banks, enterprises, lecturers from universities and related associations.

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