IFRS Advisory & Financial Reporting
IFRS Advisory & Financial Reporting
In today’s global business environment, International Financial Reporting Standards (IFRS) have become the common financial language used by investors, multinational corporations, and capital markets worldwide. In Vietnam, the transition toward IFRS is also gaining momentum as regulators encourage greater transparency and alignment with international financial reporting practices.
For companies with foreign investors, multinational group reporting requirements, cross border transactions, or plans to access international capital markets, IFRS compliant financial reporting is increasingly essential.
W&A Consulting provides comprehensive advisory services to assist businesses in preparing, converting, and implementing IFRS based financial reporting, ensuring compliance with both international standards and local regulatory requirements.
Our Services Include
Preparation of IFRS Financial Statements
Assisting companies in preparing full sets of financial statements in accordance with IFRS for group reporting, investor requirements, financing purposes, or international transactions.
Conversion from VAS to IFRS
Performing detailed analysis of differences between Vietnamese Accounting Standards (VAS) and IFRS, and converting financial statements into IFRS compliant reports with appropriate adjustments and disclosures.
Conversion from IFRS to VAS
Supporting foreign invested enterprises and subsidiaries of multinational groups in converting IFRS based financial statements into VAS compliant reports for statutory filing in Vietnam.
IFRS Gap Assessment
Conducting comprehensive assessments to identify key differences between existing accounting practices and IFRS requirements, and developing a practical roadmap for IFRS adoption.
IFRS Implementation Advisory
Supporting businesses in developing accounting policies, upgrading reporting frameworks, and training finance teams to ensure a smooth and sustainable transition to IFRS.
Value for Your Business
Adopting IFRS provides more than regulatory compliance. It enables companies to:
-
Enhance financial transparency and comparability
-
Strengthen credibility with investors and international lenders
-
Support cross-border M&A transactions and capital raising
-
Align financial reporting with global best practices
With extensive experience in accounting, finance, and international advisory, W&A Consulting helps businesses navigate the complexities of IFRS adoption while ensuring practical and efficient implementation within Vietnam’s regulatory environment.