ICAEW and Ministry of Finance accounting department renew cooperation
The Ministry of Finance Department of Accounting and Audit Management and Supervision and the Institute of Chartered Accountants in England and Wales signed a renewed MoU on August 25 reaffirming their commitment to advancing Vietnam s accounting and auditing profession
The International Chartered Accountants Examination and Vietnam's Ministry of Finance have renewed their partnership in accounting and auditing. Director General Dang Quyet Tien of Vietnam's accounting department attended the signing ceremony alongside British Ambassador Iain Frew, ICAEW's Azlina Bulmer and regional director Elaine Hong.
The renewed memorandum of understanding (MoU) builds on past achievements and introduces a joint initiative to develop and implement an IFRS training and certification program in Vietnam. This step forward recognizes the importance of developing a strong pool of experts in IFRS application. The MoU also highlights cooperation in sharing international experience, enhancing professional education, and developing accounting and auditing talent.
The agreement places a new emphasis on the effective delivery of an IFRS training and certification program in Vietnam, supporting the development of high-quality talent and strengthening the implementation of IFRS.
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