Transparency in finance and auditing will help Vietnamesefirms better manage risks in the international market-place, accordingto experts.
It would also help improve internal control, leading professionals weretold at a workshop organised on Oct. 21 by the French-VietnameseManagement Education Centre in collaboration with Vietnam Chamber ofCommerce and Industry and EuroCham.
The workshop intended to acquaint Vietnamese chief financial officersand controllers, managers and chief accountants, as well as auditorsand consultants, with international control and risk managementmechanisms.
Leading experts in the field including the founder of Hong Kong ’sInteraudit Asia, J Y Le Corre, and partner of Vietvalues auditing andconsulting company, Lim Chor Ghee, made presentations at the workshop.
They highlighted corporate governance and internal control challengesin Vietnam and presented some main tools and techniques for achievingefficiencies.
Discussions explored how internal control and risk practices could beimplemented in different cultures and environments based on theinternational best practices, and the challenges professional faces inthese areas. The case study of a public-listed Vietnamese companyVinamilk was used to illustrate the benefits of implementinginternational risk management mechanisms./.
It would also help improve internal control, leading professionals weretold at a workshop organised on Oct. 21 by the French-VietnameseManagement Education Centre in collaboration with Vietnam Chamber ofCommerce and Industry and EuroCham.
The workshop intended to acquaint Vietnamese chief financial officersand controllers, managers and chief accountants, as well as auditorsand consultants, with international control and risk managementmechanisms.
Leading experts in the field including the founder of Hong Kong ’sInteraudit Asia, J Y Le Corre, and partner of Vietvalues auditing andconsulting company, Lim Chor Ghee, made presentations at the workshop.
They highlighted corporate governance and internal control challengesin Vietnam and presented some main tools and techniques for achievingefficiencies.
Discussions explored how internal control and risk practices could beimplemented in different cultures and environments based on theinternational best practices, and the challenges professional faces inthese areas. The case study of a public-listed Vietnamese companyVinamilk was used to illustrate the benefits of implementinginternational risk management mechanisms./.
