Generolo Jono Žemaičio Lietuvos karo akademija

Currently, Management Accounting has been interested many researchers, economists as well as Vietnamese enterprises. Management accounting provides useful information about such contents as cost classification and control, cost - volume - profit analysis, estimation, responsibility center analysis, information analysis, believe in making short and long term decisions, thereby helping internal managers make appropriate business decisions. Understand the importance of Management Accounting, the article presents some modern management tools used in management accounting such as: Cost-by-Activity (ABC) Determination, Balanced Scorecard (BSC), Cost accounting and cost management in a lean environment. Vietnam is on the way of applying International Financial Reporting Standards (IFRS) and the above issues of management accounting need to be considered. Through the view of manager awareness and external auditors. We use quantitative research methods based on synthesis analysis of available information from many various sources, interviews through questionnaires for 500 managers and auditors who are currently working in Vietnam in 2019. We figure out some factors influencing IFRS applying including but not limited to business features, accounting team ability, accounting framework, etc. Applying IFRS will need to go in parallel with enhancing management accounting practices in developing nations including Vietnam. There is not so much gap in perception of IFRS applicability among managers in enterprises and auditors, among different groups of people in working experience. Last but not least, this paper contributes to an overview of factors affecting the ability to apply the international accounting standards system in a developing country like Vietnam. At the same time demonstrate that this applicability is influenced by many different factors.

Transparency of financial accounting information in FDI firms will have certain impacts on enhancing responsibilities of FDI investments on society, income and environment. The research aimed to evaluate the association of disposable income and environmental pollution on the investments measured using FDI. The research was specific to the Vietnam compared to Indonesian economy. We use both qualitative and quantitative analysis. In Vietnam, qualitative analysis, synthesis, dialectical materialism and statistics explanation method were used. Then, The research was secondary quantitative and the data was accumulated from World Bank. The time frame considered for this study ranged from 1960 to 2018. For statistical analysis, descriptive statistics, stationarity testing, ARDL assessment and Granger Causality have been used. The results unveiled that both disposable income and environmental pollution are found to have significant effect on the FDI of Vietnam and Indonesia. Moreover, the higher transparency level of financial accounting information in FDI firms, the higher CSR in term of business environment and society for FDI firms. We also propose some recommendations for enhancing financial accounting information transparency in Vietnam. For instance, FDIs firms need to increase transparency in financial statements, internal and external investor financial accounting reports, income distribution, tax and stakeholder payment obligations, internal price transfer policy, etc. Lat bu not least, the research is limited to 2 above countries and no other country has been evaluated. Therefore, in future more countries can be considered for comparative analysis. In furtherance, more factors can be considered in future that affect Vietnam and Indonesian FDI.

The aim of this research is analyzing the audit expectation gap in Vietnam. The research result has identified that there are many differences between the auditors’ and the financial-statement users’ opinions about the auditors’ responsibilities. Most of research results about the auditors’ responsibilities show that the perception of financial-statement user regarding to auditors’ responsibilities has been higher than the auditors’, which is the reason for the wide audit expectation gap in Vietnam. Based on the research result, some reasons for the audit expectation gap are listed: the auditors have not fully performed their responsibilities based on the current regulations, the current standards on auditing have not been reasonable, and the most important reason is because the financial-statement users have high expectations (unrealistic expectations) of auditors’ responsibilities. Moreover, based on this research result, some related recommendations have been suggested and they are hoped to provide the useful references for the corporations, the government, auditors and fundraisers to enhance the quality of the financial statements and provide the useful information for the users.

The paper aims to test the impact of tax structure on economic growth in the localities of Vietnam. In the paper, it is assumed, that tax structure is measured through the annual growth rate of tax revenue of 63 provinces and cities of Vietnam in terms of three groups: consumption tax (CT), income tax (IT), and property tax (PT) during the period of 11 years from 2007 to 2017; the research data was collected from the General Department of Taxation of Vietnam. Economic growth is a dependent variable, represented by the annual growth rate of the gross domestic product of each locality with the data source from the General Statistics Office of Vietnam. With the regression analysis according to the GMM method, the research results showed that consumption tax (CT) and income tax (IT) had a positive impact on economic growth in the localities of Vietnam, and property tax (PT) was not statistically significant. In addition, the study has achieved great success by identifying the consumption tax components that had significantly positive impacts on economic growth (GDP), namely export and import taxes (CT1), value added tax (CT2); meanwhile, excise tax (CT3) had a negative effect on economic growth (GDP). For income tax, personal income tax (IT2) also had a positive effect on economic growth (GDP). The research results are the first empirical evidence in Vietnam on the impact of the tax structure on economic growth in the localities, which is important for the Government of Vietnam to have a basis to manage tax policies in order to stimulate economic growth in a sustainable manner

Modern corporate governance standards and principles is becoming vital issues in developing countries such as Vietnam, China, India, Indonesia, Myanmar, Bangladesh, etc. The 2006 Taiwan Conference on Corporate Governance showed current company system needs not only back-end CG solution such as “golden parachute” but also internal mechanisms. There are also a few researches which have been done in the field of international corporate governance standards. This paper chooses a different analytical analysis style and among its aims is to give some certain systematic conclusions on China corporate governance (CG) system. First, it separates China standards into two (2) groups: China 2001 and Taiwan 2002 CG principles covered in group 1 and, group 2, including corporate governance principles from Hong Kong conclusion paper and KPMG guides, while it uses OECD principles as reference. Next, it separated independent contents with analysis and identified differences between these above set of standards which are and have been encouraged to use as reference principles for many organizations. In addition to, it aims to build a selected China comparative set of standards for corporate governance system in the post-crisis and scandal time. Last but not least, this paper illustrates some ideas and policy suggestions in order to overcome obstacles in China corporate governance system such as: insider trading, false financial reporting and concentration of state ownership.