Related parties and financial statement disclosures: Standards, risks and practical insights

In today’s business environment, transparency is critical. Companies are expected not only to follow accounting standards but also to present financial statements that build trust and credibility. One key area is the accurate disclosure of related parties, even small omissions can pose compliance risks and damage reputation.

Under VAS 26 – Related-party disclosures, businesses must define related parties clearly, distinguish them from transfer pricing relationships, and report fully and accurately. Doing so goes beyond compliance, it reflects strong governance and commitment to stakeholders.

Our webinar Related parties and financial statement disclosures: Standards, risks and practical insights, will explore these issues with practical case studies from Vietnam and abroad. Our experts will share how governance and internal controls can help companies reduce risks, ensure compliance, and improve reporting quality with strengthening both credibility and stakeholder confidence.

Key takeaways:

• Clear definition of related parties under VAS and distinction from transfer pricing entities
• Disclosure requirements under VAS 26 and consequences of incomplete or inaccurate information
• Common risks and real-life examples from domestic and international enterprises
• The role of corporate governance and internal control systems in ensuring compliance and building trust

Agenda:

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

RSVP:

Contact Nguyen Thi My Ngoc at email [email protected]

Type: Webinar

Language: Vietnamese (document provided)

Speakers:

Trinh Thanh Thanh, Partner, Audit & assurance services

Do Thanh Dat, Manager, Audit & assurance services