Determinants of IFRS-Based Financial Statement Preparation: Evidence from Central and Central Highlands Vietnam
Vol. 134 No. 5B (2025), Original Article
Vol. 134 No. 5B (2025)

Determinants of IFRS-Based Financial Statement Preparation: Evidence from Central and Central Highlands Vietnam

Original Article
https://doi.org/10.26459/hueunijed.v134i5B.7905
Published 2025-06-30
Nguyen Hoang
University of Economics, Hue University, 99 Ho Dac Di St., Hue, Vietnam
Đo Song Huong
University of Economics, Hue University, 99 Ho Dac Di St., Hue, Vietnam

Abstract

This study investigates the factors influencing the preparation of financial statements in accordance with International Financial Reporting Standards (IFRS) among enterprises in the Central and Central Highlands regions of Vietnam. A survey was conducted on 130 companies using Google Forms, and the data were analyzed using exploratory factor analysis (EFA) and regression methods. The research findings indicate that, for businesses in the aforementioned regions, three factors affect the preparation of financial statements under IFRS, ranked in order of impact from highest to lowest: (i) the operational characteristics of the enterprise; (ii) the professional qualifications and awareness of accountants; and (iii) the accounting–financial regime and government regulations.

https://doi.org/10.26459/hueunijed.v134i5B.7905
PDF (Vietnamese)

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