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Big4 of audit services EY, PwC, Deloitte and KPMG earned minors in main sector

Together with providing auditing service, Big Four also participates in other professional activities such as offering consultancy for investment procedures, tax, legal issue and other financial activities, which account for the major part of Big4’s revenue.

A state-owned conglomerate needs average US$10 million to adopt IFRS

According to World Bank expert, the application of international norms and standards in auditing and accounting will provide a framework to strengthen the domestic financial system, detect hidden weaknesses and increase transparency.

World Bank launched a report on accounting and auditing standards in Vietnam

A number of recommendations have been made to establish a sound financial reporting institutional framework and improve understanding of high quality corporate financial reporting and auditing.

Stock indexes
1,174.85 -18.16 -1.52
Volume: 1,070,536,473 Value: 23,702 (Billions VNĐ)
220.8 -5.4 -2.39
Volume: 129,457,431 Value: 2,598 (Billions VNĐ)
87.16 -0.99 -1.12
Volume: 70,805,195 Value: 739 (Billions VNĐ)
1,194.03 -16.71 -1.38
Volume: 316,713,075 Value: 9,620 (Billions VNĐ)