Applying VAS 29 in practice: Changes in accounting policies, estimates and error corrections

Changes in accounting policies and estimates, as well as errors found in previous periods, require businesses to identify each case correctly and apply the right accounting treatment. This helps ensure consistency and reliability in financial statements.

Understanding Vietnamese Accounting Standard 29 (VAS 29) helps businesses follow accounting rules and improve the transparency and comparability of financial information across reporting periods.

Join RSM Vietnam’s webinar to learn about the key requirements of VAS 29 and how to apply them through practical examples.

Key takeaways:

• Why VAS 29 is critical for accurate financial reporting
• Understanding the core principles of VAS 29 
• Accounting for changes in accounting policies 
• Accounting for changes in accounting estimates 
• Correction of prior-period errors and their impact on financial statements
• Common challenges in distinguishing policies, estimates, and errors (through practical case studies) 
• Application of VAS 29 in the context of Circular No. 99/2025/TT-BTC
• Summary, key take away, and Q&A

This webinar is designed for finance and accounting professionals, as well as those responsible for preparing and reviewing financial statements, to strengthen their knowledge and improve their practical application of VAS 29.

Agenda

• 14:00: Guest reception
• 15:30: Webinar ends

RSVP
Contact Le Nguyen Bao Nguyen at email  nguyen.le@rsm.com.vn

Type: Webinar

Language: Vietnamese (document provided)

Speakers: 

Nguyen Thi Xuan Kieu, Director, Audit and assurance services

Le Hoang My Linh, Associate Director, Audit and assurance services