Welcome to Vinasc
Audit – Tax – Advisory
Vinasc network is operating in 4 provinces, cities of VietNam with more than 100 staffs devotedly providing high quality auditing, accounting, tax consulting and legal advice services. Vinasc had a varied services, provide the most effective ways of organizing activities in Vietnam to clients. We are also provide early warning and support you to deal with risks.
Vinasc is established and operates under the Law on Enterprises of Vietnam. During operation, we are always comply with regulations and conditions on providing services and practice management of Ministry of Finance. Our services include:
If you are interested in Vinasc’s services, please contact us at the following information. We will send a letter of quotation to your company for your convenience.
First-time Adoption of International Financial Reporting Standards – IFRS 1 Objective IFRS 1 First-time Adoption of International Financial Reporting Standards sets out the procedures that an entity must follow when it adopts IFRSs for the first time as the basis for preparing its general purpose financial statements. Note: An entity that conducts rate-regulated activities and has recognised amounts in its previous GAAP financial statements that meet the definition of ‘regulatory deferral account balances’ (sometimes referred to ‘regulatory assets’ and ‘regulatory liabilities’) can [...]
Revenue from Contracts with Customers – IFRS 15 Objective The objective of IFRS 15 is to establish the principles that an entity shall apply to report useful information to users of financial statements about the nature, amount, timing, and uncertainty of revenue and cash flows arising from a contract with a customer. [IFRS 15:1] Application of the standard is mandatory for annual reporting periods starting from 1 January 2018 onwards. Earlier application is permitted. Scope IFRS 15 Revenue from Contracts with Customers applies [...]
Contents of the Certificate of eligibility for providing audit services A Certificate of eligibility for providing audit services contains the following information: a) Name of the audit firm in Vietnamese and foreign languages (if any); its abbreviated name (if any); and address of the head office; b) Full names of the legal representative and the Director of the audit firm (if the Director is not the legal representative); c) The number and date of issue of the Certificate of eligibility for providing audit [...]