Determinants of the Implementation of the Public-Sector Consolidated Financial Statements in Vietnam

Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis

Thanh Thi Cam Tran¹  Trang Cam Hoang²  Yen Thi Tran³ 

[1] Faculty of Economics and Accounting, Quy Nhon University, 170 An Duong Vuong, Quy Nhon city, Vietnam;Faculty of Finance and Banking, Ton Duc Thang University, 19 Nguyen Huu Tho Street, Tan Phong Ward, District 7, Ho Chi Minh City, Vietnam;School of Accounting, University of Economics Ho Chi Minh City, Vietnam, 59C Nguyen Dinh Chieu st., District 3, Ho Chi Minh City, Vietnam;

关键词: consolidated financial statements;    benefits;    challenges;    Decree No. 25/2017/ND-CP;    public sector;    Vietnam;   

DOI  :  10.11118/actaun202068050903

来源: DOAJ

【 摘 要 】

The purpose of this study is to identify factors that affect the implementation of the consolidated financial statements (CFS) of the public sector in Vietnam. The study also presented some of the benefits and challenges of implementing CFS in the view of some experts in Vietnam. The majority view of experts thought that the implementation of CFS in the public sector has many benefits, including a financial clarification of the public sector. Nevertheless, Vietnam will face difficulties when implementing CFS such as human resources, infrastructure, and financial resources. The results of the quantitative analysis showed that accrual accounting basis, accounting staff capacity, regulatory environment, and information technology significantly influenced the implementation of CFS of the public sector in Vietnam. The study contributes significantly to theory and practice as Vietnamese policy makers recently issued Decree No. 25/2017/ND-CP on CFS for the public sector. This Decree takes effect from January 1, 2018.

【 授权许可】

Unknown