A Study on Accounting Information Disclosure in Securities Firms

Vietnam's stock market has been operating for over 20 years. Through the ups and downs of the Vietnamese stock market, the profits of securities firms have also changed a lot. However, with the restructuring of securities firms from 2013 to present, the profits of securities firms have become more and more stable. Among the 25 securities firms listed on the Vietnam stock market (https://cophieu68.vn) [28], in addition to those with good profits, maintained for many years, and publishing full accounting information, there are still businesses with poor profits that have not disclosed complete accounting information. A securities firm is a type of conditional business company with a specific nature, placed under the direct management of a specialized management agency, the State Securities Commission. Securities firms provide information on the stock market. Accounting information plays an important role for users both inside and outside the firm. The state has regulations on accounting information disclosure for listed companies. However, the current status of information disclosure by firms to users still has certain shortcomings. The aim of this study is to discuss accounting information disclosure at securities firms listed on the Vietnamese stock market. The study uses qualitative research methods with techniques of synthesis, comparison, and expert interviews to analyze and discuss accounting information disclosure in securities firms listed on the Vietnamese stock market. Thereby, the study proposes some implications for accounting information disclosure in securities firms listed on the Vietnamese stock market.