.Transfer pricing is a matter of concern for businesses, but businesses often omit or do not know that they are required to declare and prepare documents related to transfer pricing.

in related transactions. Let’s review the formula firstly. EBITDA is equal to, Net profit from operations plus Loan interest expense plus Depreciation expense. EBITDA was born in 1980 in the United States with the purpose of searching enterprises that are in recession, but have overcome the recession, and survived. The researching experts found that enterprises could overcome the recession because they were able to pay 2 important compulsory debts in business, are government tax debt, and bank debt.

Determining deductible expenses when calculating corporate income tax is especially important, because it helps to reduce tax payable, limit the risk of tax arrears and penalties, and this is also a criterion for assessing the applicability of tax and accounting laws of accountants. The phrases “deductible expenses” or “reasonable and valid expense” used in corporate income tax calculation have the same meaning. The above phrases are very commonly used in the accounting profession.

For the beginning of this topic, let’s consider the following situation: A child takes money from his/her parents without asking permission. So what do we need to discuss here? Firstly, the parents let the money superficially, facilitating conditions for the child to get the money easily. Secondly, the parents have researched, discussed with the child, see specifically what the child needs to get money for, what the children wants. Are the child’s needs and wants justifiable?? Thirdly, how the upbringing, education from the family, school and living environment, has affected the child.

Chart of Accounts under the Vietnamese Accounting System (AS Auditing)

Residents and non-residents -at the very first step, it is necessary to determine whether the individual is a "resident or non-resident".

In the audit profession, everyone must know about the audit program, each audit firm will have its own audit programs, but all of them are based on a general program, then further developed, called is the “Sample Audit Program” The universities that have trained audit major in Vietnam, currently, for various reasons, there are some schools teaching their students the Sample Audit Program or not.

A good detective must have a rich imagination and think realistically hypothesize scenarios that occur in reality. The hypothetical scenario is Company A is the parent of Company B. A's headquarters has a corporate income tax rate of ten percent, and B's headquarters has a corporate income tax rate of twenty percent. In the relationship of group A-B, how to make profit at A as much as possible, and B as little as possible.