Factors affecting the implementation of public accounting standards: a case study at non–business units in Vietnam

Abstract

Vietnam is in the process of completing the development of the Public Accounting Standards System (VPSAS) through the stages, to help information provided on the financial statements be more transparent and ensure comparability. The issue of putting public accounting standards into implementation in the units within the scope of application will be affected by many factors inside and outside the unit. Within the scope of the article, the authors identify the group of factors affecting the application of Public Accounting Standards through the perception of accountants at the collecting career unit including: Level of training and professionalism; Implementation costs; Information technology application; Supporting from consulting organizations and regulators. Finally, based on the empirical research results, the authors expect that the recommendations and conclusions will be useful to senior management agencies, management boards, and managers of non-business units in making appropriate policies and management to effectively implement Vietnamese public accounting standards.