Internal management reporting and consolidated financial statements

Establishing a comprehensive internal management reporting system and preparing consolidated financial statements in accordance with IFRS standards plays a vital role in enhancing corporate governance, increasing financial transparency, and laying the groundwork for fundraising, IPOs, or reporting to overseas parent companies. Complying with IFRS not only helps enterprises align with international standards but also provides a more accurate reflection of their real market value.

Consult now

OUR SCOPE OF SERVICES

Consulting on management reporting system design

Designing a management reporting system tailored to the enterprise governance model (e.g., cost center, profit center), including revenue, expense, and profit reports by each department, project, region, or product.

Developing a set of indicators and reporting templates

Providing templates and guidance for organizing accounting and financial data to support management needs—enabling real-time tracking of cash flow, profitability, operational performance, and cost control.

Financial statement conversion

Adjusting and converting data from Vietnamese Accounting Standards (VAS) to International Financial Reporting Standards (IFRS), including revaluation of line items such as assets, liabilities, revenue, and unrealized profits.

Preparation of consolidated financial statements under IFRS

Consolidating data from subsidiaries and dependent units—both domestic and international—to prepare IFRS-compliant consolidated financial statements. This includes eliminating intercompany transactions, adjusting goodwill, and applying consolidated currency translations.

Coordination with parent company - international auditing

Working directly with the financial departments of parent companies or international audit firms to ensure IFRS-compliant reports are accurate, consistent, and submitted on time.

Consulting on IFRS adoption and transition

Accompanying enterprises throughout the transition from VAS to IFRS, including staff training, development of new accounting policies, support in software implementation, and establishing internal controls in accordance with international standards.

BENEFITS OF ENGAGING OUR SERVICES

Selecting the appropriate partner is paramount; it not only ensures corporate compliance but also enables the enterprise to achieve sustained advancement. At CFT, we are dedicated to generating substantive value and providing management depth, thereby facilitating transparent, secure, and sustainable operations for businesses operating in Vietnam.

contact us

HOW WE DO IT

LET'S GET STARTED WITH US

We guarantee that every step of your business deployment in Vietnam adheres to strict standards, regulatory compliance, and accuracy, ensuring outcomes that deliver both legal correctness and genuine economic value.

Send now

OUR COMMITMENTS

Other services

At CFT, we provide a diverse portfolio of services tailored precisely to meet the specific requirements and operational phases of your enterprise.

OUR ECOSYSTEM

OUR TEAM

Our Clients

Clients' success reflects the value we deliver

CONTACT CFT

Confused? Would you like to discuss your issue in more detail, let us help you, please fill in the form below and send it to us. A free consultation email or 45 minute meeting will be arranged to help you understand your accounting issue better.

    SEND CONSULTATION REQUEST





    Publication