Preparation of financial statements in accordance with Vietnamese Accounting Standards (VAS)

The accurate and complete preparation of financial statements in accordance with Vietnamese Accounting Standards (VAS) is not only a mandatory obligation for tax authorities and auditors, but also supports enterprises in analyzing business performance, assessing financial risks, and developing strategic plans. Particularly for enterprises with foreign investment, financial statements serve as a transparent basis for working with partners, investors, banks, or parent companies.

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OUR SCOPE OF SERVICES

Reviewing accounting documents and data

Verifying the completeness and validity of accounting documents and data to ensure that financial statements present a true and fair view of the enterprise’s financial position.

Data consolidation, classification, and adjustments

Classifying assets, liabilities, revenue, and expenses in accordance with VAS principles; performing adjustment entries and closing entries at the end of the period.

Preparation of a full set of financial statements

Preparing all required reports, including the balance sheet, income statement, cash flow statement, and notes to the financial statements.

Financial data analysis

Assisting enterprises in analyzing financial indicators (profit margins, asset turnover, liquidity ratios, etc.) to support management objectives or reporting to shareholders and partners.

Document review and coordination with auditors

Preparing relevant documents, providing data explanations, and delivering timely information to support the independent audit process or tax authority inspections.

Accounting compliance consulting

Providing recommendations to help enterprises improve their accounting systems, reporting procedures, and internal controls to enhance transparency and comply with Vietnamese accounting laws.

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.

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HOW WE DO IT

Clarify Objectives

We commence by accurately understanding the client's business objectives and desired outcomes. This allows us to precisely identify the core issue requiring resolution and mutually define the scope of work from the outset, ensuring every step is purposeful and adds measurable value for the client.

Define Input Data

We explicitly specify the necessary information required from the enterprise, adhering to the principle of minimalism and ease of preparation. We avoid requesting redundant or confusing information. Each document serves a distinct purpose, enabling the business to reduce administrative burden and enhance coordination efficiency.

Design Roadmap and Solution

We construct the most suitable solution tailored to each operational model, along with a transparent roadmap, specific timelines, and concrete costs, clearly established from the beginning. Our approach is 'intentional optimization' – ensuring clarity, logical coherence, and measurable value creation.

Implementation and Execution Coordination

Throughout the execution process, we proactively provide progress updates, manage potential risks, and handle emerging issues to ensure seamless implementation. The enterprise is relieved from the burden of coordinating multiple parties—all operational responsibilities are centralized to a single point of contact, guaranteeing efficiency and consistency.

Deliver Results and Ongoing Partnership

The outcomes are delivered on time with all necessary documentation, official records, and essential guidelines. Following the handover, we continue to monitor, support, and optimize operations in alignment with the real-world context—ensuring the service value extends beyond mere completion of administrative files.

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.

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OUR COMMITMENTS

Transparency

We are committed to absolute transparency regarding information, processes, and fees. All terms and conditions are clearly stipulated and mutually agreed upon from the outset – ensuring there are no ambiguities or unexpected charges.

Timeliness

Adherence to timelines is a core commitment. We execute all tasks according to the agreed-upon schedule and provide clear, consistent progress updates – relieving the business from having to wait or closely monitor every detail.

Partnership

Our engagement extends beyond the completion of a procedure. We provide continued support throughout the operational phase to ensure the enterprise maintains stable and efficient long-term operations.

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

Law Firm

  • 10+ Lawyers
  • 3+ Offices
  • 100+ Clients

Office for rent

  • 10+ Lawyers
  • 3+ Offices
  • 100+ Clients

Tax - Accounting

  • 10+ Lawyers
  • 3+ Offices
  • 100+ Clients

OUR TEAM

Phan Thi Chuc Y (Ms.)

Tax & Accounting Senior Manager
info@cft.vn
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Tran My Chau (Ms.)

Senior Accountant
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Le Ngoc Anh (Ms.)

Senior Accountant
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Majo George (Mr.)

Legal Councel
info@cft.vn
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Hoang Thi Lien (Ms.)

Lawyer
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Nguyen Thi Hoa (Ms.)

Lawyer
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Bui Minh Hoang (Mr.)

Lawyer
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Ngo Thi Thuy Dung (Ms.)

Head of Operation Department
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Nguyen Thi Phuong Dung (Ms.)

Administrator Officer
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Our Clients

Clients' success reflects the value we deliver

100+

Legal

100+

Tax

100+

Accouting

100+

Operation

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.

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