Overview of Research on Accounting Harmonization - Research Orientation in Vietnam

Abstract:

Facing the trend of economic globalization and deep integration in all fields, accounting is no exception. To suit the development of the economy and the requirements for integration with international accounting practices, on May 23, 2022, the Prime Minister issued Decision No. 633/QĐ-TTg on approving Vietnam’s accounting and auditing strategy until 2030, which emphasizes the need for high-level integration between the Vietnamese accounting system and other countries in the region and the world. Positive moves from management agencies as well as needs of accounting information users require researchers to expand the research topic on accounting harmonization. This article provides an overview of research streams on accounting harmonization, thereby opening up possible research directions in the Vietnamese context. Scholars can develop the topic of measuring the level of material harmonization in Vietnamese enterprises, or expand research on the level of accounting harmonization - formal and material harmonization - between Vietnam and other countries.