Accounting advisory
Professional – Optimized – Reliable
Services
General description of the service
With this service, our team of professionals supports clients in applying and complying with current accounting regulations, from fundamental matters to complex situations. Our Accounting advisory services cover a broad range of activities designed to help enterprises address accounting-related matters. These services include:
- Basic Accounting Advisory: Support the initial setup of accounting systems, provide advice on accounting software, develop fundamental accounting policies, establish financial reporting processes and address basic accounting matters.
- Advanced Accounting Advisory: Provide advice on significant transactions and matters such as converting financial statements from VAS to IFRS, corporate restructuring, securities issuance, financial statement analysis, accounting matters related to financial management.
The deliverables of this service include financial statements, detailed guidance on accounting processes and appropriate accounting solutions. The objective is to help enterprises not only ensure strict compliance with applicable regulations but also optimise accounting processes, enhance financial efficiency and protect clients’ legitimate interests. The service also helps enterprises strengthen competitiveness and financial transparency, thereby enhancing confidence among investors, business partners and regulatory authorities.
Service Usage Context
- Newly Established Enterprises: Require appropriate accounting systems and policies to be established from the outset, consistent accounting processes to be implemented and compliance with current regulations to be ensured.
- Small and Medium-sized Enterprises (SMEs): Require reviews of accounting data, improvements to accounting policies, support in handling accounting transactions and enhancement of financial reporting quality without relying entirely on internal resources.
- Large Enterprises and Multinational Companies: Require standardisation of accounting systems, conversion of financial statements from VAS to IFRS and compliance with reporting requirements of the group or other relevant stakeholders.
- Enterprises Undertaking Complex Transactions: Require accounting advisory support during restructuring, mergers and acquisitions, securities issuance or audit preparation to minimise risks and ensure that financial information is appropriately recognised and presented.
Service delivery process and timeline
Service process
- Hold detailed discussions with the client to understand its accounting-related issues, requirements and current circumstances.
- Identify the areas requiring advisory support, such as basic accounting and advanced accounting matters.
- Review current legal regulations, official guidance, precedents and relevant technical materials to establish an appropriate basis for the advisory work.
- Analyse the client’s specific requirements and issues to develop accurate and appropriate solutions.
- Advise the client on accounting-related matters, including accounting systems, accounting software and accounting processes.
- Provide solutions for both basic and advanced accounting matters, such as mergers and acquisitions, share issuances, restructuring, share transfers and other complex transactions.
- Support the client in implementing the recommended solutions, including setting up accounting systems, using accounting software, and handling invoices, supporting documents and other accounting records.
- Where necessary, assist the client in drafting official letters to the tax authorities to clarify accounting-related matters.
- Monitor the implementation of the recommended solutions and help ensure that the client follows the relevant accounting processes and applicable legal requirements.
- Provide updates on changes in accounting regulations and other legal developments that may affect the client’s operations.
- Provide reports on the work performed, together with improvement measures and recommendations to help the client optimise its accounting system.
- Recommend next steps to help the client maintain compliance and optimise accounting costs in the future.
Timeline for Service Delivery
The timeline for accounting advisory services depends significantly on the scope of work, as well as the client’s responsiveness and cooperation, including that of relevant parties such as tax authorities, suppliers, customers, lenders, investors or other professional advisers.
In practice, we typically perform and complete this service within 1 - 2 months for most engagements. For cases involving urgent deadlines, we may apply special measures, such as allocating additional resources, flexibly adjusting the relevant processes and procedures, and requesting active cooperation from the client and other relevant parties.
Quotation process and service fees
To prepare and send you a tailored quotation, we kindly request that you provide relevant information via our form and/or through an in-depth discussion. Based on the information collected, we will analyze your needs and specific requirements in order to:
- Assess the feasibility of service delivery: Determine whether we can provide the requested service appropriately and at a guaranteed quality level.
- Advise on optimal solutions: Recommend alternative solutions (if any) to help optimize efficiency and cost-effectiveness for your organization.
If we are able to support you, we will propose a reasonable fee based on:
- An estimated workload of the engagement;
- The level of professional expertise required from our team.
Estimated response time: The quotation process will be completed within 12 to 24 hours upon receiving your request.
Frequently asked questions
1. Does Crowe’s accounting service ensure the confidentiality of enterprise information?
We are committed to maintaining the absolute confidentiality of all client information under a Non-Disclosure Agreement (NDA) and apply advanced data security measures to ensure information is protected.
2. When should an enterprise optimise its accounting processes?
- An enterprise should consider optimising its accounting processes when its operations expand, costs increase or financial reporting becomes less accurate.
- This is also important where risk controls or regulatory compliance are not sufficiently effective, or during digital transformation.
- In particular, before capital raising, listing or entering into international cooperation, a transparent and optimised accounting system can help strengthen the enterprise’s competitiveness.
3. Do small enterprises need to engage accounting services?
Yes. Regardless of size, accounting errors may still result in penalties or create difficulties as the enterprise expands. Using professional accounting services helps ensure regulatory compliance, minimise errors and legal risks, improve financial efficiency and reduce personnel costs, allowing the enterprise to focus its resources on core business activities.
4. Can an enterprise change its accounting outsourcing service provider?
Yes. Enterprises may change their accounting outsourcing service provider if the current service no longer meets their requirements. We support data migration, document handover and onboarding to help ensure a smooth transition.
Brand commitment
Crowe Vietnam is committed to building and delivering on its brand personality, with the goal of fostering trust and providing an exceptional experience throughout our journey with clients and partners.
High professional quality at a reasonable cost
Crowe Vietnam is committed to delivering high quality solutions and services at reasonable costs, ensuring an exceptional client experience. We consistently strive for differentiation and continuously enhance the professional capabilities of our team to best meet the evolving needs of our clients.
A portrait of our clients & business partners
We aspire to collaborate with clients and partners who are committed to:
Insights
News
Overview of Crowe Vietnam
Top 9
International brand in Audit, Accounting, Tax, and Business Advisory
Top 9
Audit service provider for FDI enterprises in Vietnam
Top 15
Audit and Advisory service providers in Vietnam
18+
Years of operation (since 2008)
200+
Personnel (350+ including personnel of Crowe’s business associates in Vietnam)
4
Offices
1000+
Clients (1500+ including clients of Crowe’s business associates in Vietnam)
Crowe Vietnam Introduction Video
Why choose us for this service?
Choosing the right service partner is a key factor in ensuring both effectiveness and peace of mind. Here’s why Crowe Vietnam is the trusted choice for you.
International Brand
Crowe Vietnam is a member of Crowe Global, one of the world’s top 10 networks in accounting, audit, tax and business advisory services. With a network of 798 offices across 150 countries, we are committed to delivering accounting services that meet international standards to all our clients.
Assured Expertise
With a highly qualified team holding professional qualifications such as CPA Vietnam, CTA, ACCA, CPA Australia and ICAEW, Crowe Vietnam delivers reliable, accurate and transparent accounting services in compliance with Vietnamese regulations and international standards.
Professional Services
We strictly comply with professional standards. Our clients also receive useful newsletters and publications, attend professional seminars with experienced specialists, and access practical support tools developed and continuously enhanced by Crowe Vietnam.
Strict Confidentiality
At Crowe Vietnam, client confidentiality is always a top priority. We apply rigorous internal controls systems and advanced security standards to ensure that all accounting and financial data is securely protected and information security risks are minimised.
Global Support
With direct support from the Crowe Global network, we provide comprehensive accounting advisory solutions that address clients’ needs in Vietnam and support international expansion, ensuring regulatory compliance and optimising business efficiency across multiple markets.
Reasonable Fees
We are committed to delivering services of a quality comparable to leading global firms at highly competitive fees, ensuring that clients receive optimal value and an appropriate balance between cost and quality when using our accounting services.
Senior Personnel
Nam Nguyen
Chairman & Managing PartnerFCCA, FCPA, CA (SGP), CTA
Lam Vu
General Director & Audit DirectorCPA VN, CPA AU, CTA, MA
Linh Nguyen
Partner, Tax & AdvisoryCPA VN, CPA Aust., CTA
Phat Tran
Partner, Audit & AssuranceFCCA, CIA, CPA VN, CTA