Business areas
Bookkeeping, monthly close, VAS financial statements and IFRS conversion, payroll accounting and bilingual management reporting. A dedicated team owns your file from source documents to year-end statements.
- 9,000+
- accounting and tax files processed every year
- Day 7
- of each month for management reports to full-service clients
- 4
- reporting languages (VN, EN, JP, KR)
Accounting was Corvane's first service when the firm was founded in 2011, and it remains the foundation of every client relationship. Each year our teams process more than 9,000 accounting and tax files for foreign-invested enterprises, large domestic companies and small and medium-sized businesses, all to the same standard: figures that are correct, on time and explainable.
Who the service is for
- Foreign-invested enterprises that must report under VAS to local authorities while also reporting under IFRS or parent-company policies, in English, Japanese or Korean.
- Small and medium-sized businesses that do not yet want a full in-house finance function, or need back-up capacity when internal staffing changes.
- Groups and retail chains with several legal entities and many outlets that need consolidation and regular intercompany reconciliation.
Scope of work
- Bookkeeping, posting and electronic document archiving, with input invoices checked against the new e-invoicing rules.
- Monthly close, with reconciliation of receivables, payables, bank, inventory and fixed assets.
- Annual VAS financial statements, IFRS conversion or parallel IFRS reporting, and audit support packs for the independent auditor.
- Payroll accounting, social insurance and personal income tax for workforces of up to several thousand employees.
- Management reporting in the format required by your board or parent: revenue by channel, margin by product and a rolling 13-week cash flow.
How we work
Every client has a dedicated team: an engagement accountant, a team leader holding a Vietnamese CPA or ACCA qualification, and a Partner with final responsibility. In the first week we review the chart of accounts, document flow and opening balances, then agree in writing the closing calendar, the document checklist and the contact points on both sides. Documents are submitted and tracked through Corvane Portal, and every adjustment carries a note explaining why, so that clients and auditors can trace it later.
Deliverables and timelines
- A monthly management reporting pack delivered before the 7th of the following month, with commentary on any movement above 10%.
- Balance reconciliations and an open-items list updated every month.
- Annual financial statements and the audit support pack delivered to an agreed schedule, typically two to three weeks ahead of the statutory deadline.
Good books are not books without errors; they are books in which every figure can be traced back to a document and a reason.
Why Corvane
Corvane's accounting, tax and legal teams work on a single client file, so an unusual entry is passed straight to a tax specialist rather than waiting for year-end finalisation. Client data has been managed under an ISO 27001 system since 2019, with access restricted by team and logged. Our people work directly in Vietnamese, English, Japanese and Korean, so reports to the parent company do not need an extra translation step.
