Reasons Why You Do Not Agree With The State's Trend Of Allowing Enterprises To Build Their Own Enterprise Accounting Systems Similar To Those In The UK, US, etc. Under These Conditions

Other opinions: Many violations arise because enterprises deliberately prepare financial statements based on subjective ideas and issue accounting policies that benefit the enterprises. Universities will have to change their training methods. Accounting information will be more appropriate and reliable. Inspectors will have to be more professional. There is no difficulty. Difficulties in State management require the management team to have sufficient qualifications and capacity. Training costs are high.

1.8. According to you, with the current situation in Vietnam, if the State allows enterprises to build their own accounting systems to suit the specific business characteristics and management requirements of each enterprise on the basis of ensuring compliance with accounting standards and legal regulations related to the preparation and presentation of financial statements (similar to the UK, US,...), how can it be carried out:

Apply immediately, no preparation required 0 0% Need a specific roadmap, through necessary preparation steps 34 97% Other opinions 1 3%

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Other opinions: There needs to be a roadmap for preparation, especially training a team of accountants who are knowledgeable about accounting standards and legal regulations related to the preparation and presentation of financial statements. At the same time, there must be legal regulations to increase the scale and quality of enterprises providing accounting services to help enterprises build a suitable accounting system as is common practice in other countries. However, enterprises that do not have the capacity will still apply the guided accounting system. The accounting system issued by the Ministry of Finance at that time is still necessary but is only for guidance. Some can be applied immediately, some need a roadmap, and can even introduce an accounting system like the current one.

1.9. According to you, with the current situation in Vietnam, if the State allows enterprises to build their own accounting systems to suit the specific business characteristics and management requirements of each enterprise on the basis of ensuring compliance with accounting standards and legal regulations related to the preparation and presentation of financial statements (similar to the UK, US, etc.), the necessary implementation time is:

one year

0	0%
2 years	8	23%

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3 years

5	14%
4 years	1	3%
5 years	5	14%
> 5 years	14	40%
Other opinions	5	14%

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Other opinions: It is enough time for training and retraining. If applied in Vietnam, we must see if there are any shortcomings and difficulties. The first time should be tested for about 6 months, if there are no abnormalities, then the implementation time will be longer. It is impossible to know in advance. There needs to be a direction first, then a specific plan. Accounting standards need to be standardized, training time is needed. The time is fast or slow depending on many factors, it is difficult to give a specific number because it depends on the determination of related levels and related subjects.

1.10. According to you, with the current situation in Vietnam, in order for enterprises to build their own accounting systems to suit the specific business characteristics and management requirements of each enterprise on the basis of ensuring compliance with accounting standards and legal regulations related to the preparation and presentation of financial statements (similar to the UK, US,...), what conditions must be ensured as follows:

There must be general, unified guidelines from the State 24 67%

There needs to be a system of accounting standards that is fully and promptly updated to be consistent with international accounting standards and appropriate.

With the conditions of Vietnam, it is necessary to have a system of accounting standards with a differentiated scope of application suitable for small and medium enterprises, in accordance with international practices.

32 89%

Other opinions 3 8%

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Other opinion: There needs to be a system of reliable accounting standards that are consistent with the standards.

international accounting. Learn from other countries and do it yourself. The entire accounting legal system (Laws and standards must be changed and improved).

1.11. The reason why you do not agree with the trend of the State allowing enterprises to build their own enterprise accounting systems similar to those in the UK, the US, etc. in the current conditions of Vietnam is because:

Awareness level, economic development level 28 90% Habits, customs, culture of Vietnamese people 7 23% Other opinions 1 3%

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Other opinions: It is necessary to have a common enterprise accounting system suitable for current conditions in Vietnam to both create unity among enterprises and make the teaching of specialized accounting subjects more convenient.

1.12. Do you agree with the current method of building, promulgating, amending and supplementing the enterprise accounting system in particular and the enterprise accounting regime in general in Vietnam?

Yes 10 29%

No 20 57%

Other opinions 5 14%

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Other opinions: There should be specific regulations on how to build and issue a system of accounting records to suit the characteristics of each type. Agree at the present time. In the future, according to the trend, the legal system on accounting should only stop at the Accounting Standards System. There are some things that are agreed upon, some that are not agreed upon. In my opinion, Vietnam should only build a unified accounting system for all types of enterprises and all business fields. In my opinion, Vietnam should only build a unified accounting system for all types of enterprises.

1.13. Do you agree with the State's plan to regulate a unified system of business accounting, types and groups of accounting documents and to be "open" and applicable to all types of enterprises in all business fields regardless of size and type?

Enterprise model; in which, enterprises are allowed to proactively build level 1 and level 2 accounts to suit business activities and management requirements on the basis of ensuring compliance with accounting standards and regulations of law on finance and tax related to the preparation and presentation of financial statements or not:

Yes 32 89%

No 4 11%

Other comments 0 0%

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Other opinions: Should build a system of accounts for enterprises and accounts for administrative units.

1.14. According to you, with the plan for the State to build a system of accounting records based on inheriting current regulations on types and groups of accounting records to create a unified legal framework for enterprises, with an "open" nature applicable to all enterprises in all business fields regardless of size and type of enterprise, the State needs to build detailed accounting records to what level (level):

General account (level 1) 24 71%

Analytical account (level 2) 6 18%

Analytical account (level 3) 5 15%

Other comments 0 0%

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Other opinions: I think: The State does not need to build specific accounts but only needs to orient a number of level 1 accounts in each type of account associated with collecting information to prepare financial reports.

1.15. Do you agree with the view that: The unified enterprise accounting system prescribed by the State should only be unified in terms of types of accounts in relation to financial statements and groups of accounts in each type, along with basic instructions on accounting methods in each type, groups of accounts in each type; and the symbols and names of accounting accounts are:

carried out by enterprises on the basis of ensuring compliance with accounting standards and general regulations on types and groups of accounts prescribed by the State:

Yes 21 58%

No 14 39%

Other comments 1 3%

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Other comments: Not suitable.

1.16. Do you agree with the view that: The unified enterprise accounting system that the State has built unifies the types of accounts, groups of accounts and allows enterprises to proactively build and provide detailed instructions for level 1, level 2, level 3 accounts, ... in each type and group of accounts to suit the specific business, meet management requirements and ensure compliance with accounting standards and legal regulations related to the preparation and presentation of financial statements:

Yes 21 58%

No 14 39%

Other comments 1 3%

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Other comments: Not suitable.

1.17. Your comments on the development of a unified accounting system applicable to manufacturing and trading enterprises in Vietnam:

A simple accounting system should be established for use and bring high efficiency in business. In my opinion, the State, whose direct agency is the Department of Accounting and Auditing Regime - Ministry of Finance, should only develop and promulgate an accounting system for each type (for example: Type 1 "Account reflecting short-term assets", Type 2 "Account reflecting long-term assets",...) along with necessary instructions on how to account for each type of account, while the symbols and names of the accounts are determined by each enterprise based on accounting standards and general regulations.

Part 2. Information about the respondent

Cao Thi Tho, Nguyen Quoc Thang, Nghiem Van Loi. Nguyen Thi Hoai Thu, Le Thi Nhu, I am a lecturer teaching specialized subjects, Le Thi Tu Oanh, Pham Thanh Long, Nguyen Van...

2.1. Your gender:

Male 22 39%

Female 35 61%

Users can select multiple checkboxes, so the percentage can add up to more than 100%.

2.2. Highest degree:

College

1	2%
Bachelor	8	14%
Master	20	36%
Dr.	27	48%

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2.3. Your age:

Under 26

3	5%
26-35	28	49%
36-45	22	39%
46-55	4	7%
56-65	0	0%
> 66	0	0%

Users can select multiple checkboxes, so the percentage can add up to more than 100%.

2.4. Main language you used at your highest degree:

Vietnamese 42 74%

English 21 37%

Other (specific) 2 4%

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2.5. Are you a member of any of the following professional associations:

VAA

8	17%
VACPA	4	9%
ACCA	0	0%
CPA Australia	1	2%
Other (specific)	0	0%
Are not	33	72%

Users can select multiple checkboxes, so the percentage can add up to more than 100%.

2.6. Number of years of experience working in the field of accounting - auditing - analysis & finance:

Under 1 year

0	0%
01-05 years	13	23%
06-10 years	11	19%
11-15 years	23	40%
16-20 years	7	12%
> 20 years	3	5%

Users can select multiple checkboxes, so the percentage can add up to more than 100%.

2.7. Please self-assess your knowledge of understanding and compliance with regulations on the enterprise accounting system (on a 10-point scale):

Good (9-10 points)

17	30%
Fair (7-8 points)	34	61%
Average (5-6 points)	4	7%
Weak (3-4 points)	1	2%
Too weak (1-2 points)	0	0%
Don't know (0 points)	0	0%

Users can select multiple checkboxes, so the percentage can add up to more than 100%.

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