FAQ
Accounting FAQ
(Please click on the questions below for more information)
Overview of accounting
- What are types of accounting functions in an enterprise? How are they different from financial functions and tax functions?
- What are the differences between financial accounting and management accounting?
- What standards and regulations that are used for accounting in Vietnam? What are the main contents?
- What are sanctions for violations in accounting field?
- What are the detailed works of an accounting department in an enterprise?
- How to organize an accounting department? What are functions and responsibilities?
- How is performance of the accounting functions internally and externally audited?
- What are the differences regarding accounting functions in enterprises of difference sizes?
- What are criteria to become a chief accountant? Functions and responsibilities of a chief accountant?
- Distinguish between a chief accountant and a chief financial officer?
- What are the crucial recruitment criteria for accountant positions?
- How to improve performance of accounting functions in enterprises?
Outsourcing accounting services
- Should enterprises outsource their accounting works?
- What are pros and cons of outsourcing accounting works? What types of enterprises that should consider outsourcing services? What are the works of outsourcing-service providers?
- What are criteria for recruiting outsourcing- service providers?
- What should be paid attention to when using outsourcing services for accounting works?
About accounting knowledges and skills
- What do accountants need to check at the end of month, quarter, year so as to avoid unnecessary errors?
- What should accountants do when noticing signals of frauds in the enterprise's activities?
- What are skills and tools useful for accountants?
- How to efficiently organize inventory / stock counts?
- What are methods to determine costs of inventories? How to use them properly?
- What are steps to efficiently close accounting books and prepare reports?
- What are the differences between Vietnamese Accounting Standards (VAS) and International Financial Reporting Standards (IFRS)?
At Crowe Vietnam, we offer a full range of tailor-made Accounting services that meet the exact requirements of each individual client.