Factors influencing public sector readiness to adopt Vietnamese Public Sector Accounting Standards (VPSAS)
Published: July 29, 2026
Abstract
In the context of ongoing public financial management reforms and progress toward international accounting convergence, the adoption of Vietnamese Public Sector Accounting Standards (VPSAS) has become essential to enhancing transparency, accountability, and efficiency in public resource management. This study investigates the factors influencing the readiness of public sector entities to adopt VPSAS. Using data from 217 survey responses and quantitative analysis performed in SPSS 26, the findings indicate that four factors, financial autonomy, accountants’ competence, awareness and managerial support, and information technology infrastructure, positively and significantly affect VPSAS adoption readiness. Based on these results, the study proposes several managerial implications aimed at strengthening institutional capacity and promoting the effective implementation of VPSAS across Vietnam’s public sector.
Keywords
Vietnamese Public Sector Accounting Standards (VPSAS)public sector accountingpublic sector
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