The pricing of financial statement preparation services is becoming a major concern for many businesses as the 2025 tax season approaches. In the context of tax authorities increasing data control through Big Data and AI systems, an accurate set of financial statements not only helps businesses comply with the law but also minimizes the risk of tax arrears and penalties. This article will analyze in detail the pricing of financial statement preparation services for businesses of different sizes, while also warning about the risks of using cheap services and updating the trend of transitioning to IFRS standards.
Why should businesses pay special attention to financial statements during March?
Preparing the 2026 financial statements is no longer simply a periodic data summary, but has become a genuine "examination" of a company's legal compliance. This groundbreaking change in tax authority management methods, coupled with the roadmap for integration into international standards, is posing unprecedented challenges, specifically in the following key aspects:
The tightening of Big Data and AI systems by the General Department of Taxation.
By 2026, the Tax Authority will have completed a centralized electronic invoice database system. Cross-checking of data between buyers and sellers, reconciliation of bank cash flows, and accounting entries will be performed automatically using AI. Even a small error in expense classification or a discrepancy between the detailed ledger and the summary report will automatically trigger a notification requesting clarification.
Pressure from the latest tax policies
The 2025 fiscal year sees significant changes in tax policy, creating considerable pressure on financial statement presentation. Notably, the application of the Global Minimum Tax Rate (GMT) to large multinational corporations requires extremely complex calculations and declarations. Furthermore, regulations on electronic invoices generated from cash registers have been fully implemented in the service and retail sectors, requiring accountants to reconcile real-time data between cash registers and tax reports.
Furthermore, the extension or termination of value-added tax (VAT) reduction policies in stages requires accountants to accurately separate invoices subject to tax rates 8% and 10% to avoid errors in tax settlement. If the entity preparing financial statements does not promptly update the Circulars on related-party transactions or new regulations on managing interest expense (Decree 132/2020/ND-CP and Decree 20/2025/ND-CP (amended and supplemented from Decree 132) Circular 99/2025/TT-BTC (Replacing Circular 200/2014/TT-BTC), businesses can easily fall into a situation where they are subject to back taxes and late payment penalties amounting to huge sums.
Reference: Tax accounting services
Deadline for submitting the 2025 financial statements.
Financial statements for the previous year must be submitted no later than the 90th day after the end of the calendar year or fiscal year.
Accordingly, the 2025 financial report must be submitted no later than March 31, 2026.
Price list for financial statement preparation services
To help businesses easily choose a service package that suits their scale and specific operations, the price list for financial statement preparation services is usually categorized by industry group. Each field, such as consulting services, trading, or construction, will have different levels of complexity in terms of documentation, accounting procedures, and cost management. Therefore, service costs are also structured according to specific industry groups as follows.
Price list for financial statement preparation services in the consulting services field.
For businesses operating in the consulting services sector, the volume of accounting documents is typically determined based on the number of input and output invoices generated during the year. This is also an important basis for accounting units to determine the cost of providing services. Below is a sample price list for financial statement preparation services for the consulting services industry, structured according to different invoice quantities to help businesses easily choose a service package suitable for their scale of operations.
| Number of input and output invoices during the year | Fee (VNĐ) |
| No issues arose. | 2.500.000 |
| Under 20 | 4.800.000 |
| Under 40 | 7.600.000 |
| Under 60 | 8.900.000 |
| Under 80 | 10.200.000 |
| Under 100 | 10.800.000 |
| Below 130 | 13.200.000 |
| Under 150 | 14.000.000 |
| From 150 onwards | Contact MAN – Master Accountant Network |
The above is a price list for financial statement preparation services for the consulting services sector, based on the number of invoices generated during the year and the complexity of accounting records. In reality, service costs may vary depending on the status of documents, data review requirements, or the specific business operations of each company. Therefore, to receive the most accurate and optimal price list for financial statement preparation services, businesses should contact the service provider directly for a detailed survey and consultation.
Price list for financial statement preparation services in the commercial sector.
To help businesses easily estimate costs and choose a service package suitable for their scale of operations, below is a price list for financial statement preparation services for the trading sector, based on the number of invoices generated during the year and the specifics of import and export activities. Fees may vary depending on whether or not the business generates customs declarations, as import and export transactions often require more complex steps in document reconciliation, tax checks, and accounting.
Businesses can refer to the detailed financial statement preparation service price list below to determine the appropriate cost based on invoice size and operational specifics.
| Invoice number | No customs declaration form | There is a customs declaration form. |
| No issues arose. | 2.500.000 | 2.500.000 |
| Under 20 | 4.000.000 | 5.800.000 |
| Under 40 | 5.800.000 | 7.800.000 |
| Under 70 | 7.800.000 | 10.200.000 |
| Under 100 | 10.200.000 | 12.000.000 |
| Below 130 | 12.000.000 | 13.800.000 |
| Under 150 | 13.500.000 | 15.700.000 |
| Under 180 | 14.900.000 | 17.000.000 |
| From 180 onwards | Contact MAN – Master Accountant Network | |
The above is a price list for financial statement preparation services for the trading sector, based on the number of invoices generated and the specific import/export activities of the business. Fees may vary depending on the state of accounting records, the number of bank accounts, and the complexity of accounting tasks during the fiscal year.
To receive the most detailed and accurate price list for financial statement preparation services tailored to your company's specific situation, please contact us directly so our team can provide a consultation, survey, and specific quote. Choosing a service provider is also important. professional accounting services Doing so from the outset will help businesses ensure data transparency, mitigate tax risks, and optimize costs during tax season.
Price list for financial statement preparation services in the construction sector.
For businesses operating in construction, interior design, manufacturing, processing, or installation, the volume of accounting tasks is often more complex due to the involvement of material costs, work-in-progress, and inventory management. Therefore, service fees will be determined based on the number of invoices generated during the year. Below is a sample price list for financial statement preparation services for this industry group, helping businesses easily estimate costs and choose a service package suitable for their scale of operations.
| Invoice number | Fee |
| No issues arose. | 2.500.000 |
| Under 10 | 5.000.000 |
| Under 20 | 7.900.000 |
| Under 40 | 11.900.000 |
| Under 60 | 14.900.000 |
| From 60 and above | Contact MAN – Master Accountant Network |
Above is a price list for financial statement preparation services for businesses in the construction, interior decoration, manufacturing, processing, restaurant, and installation sectors. Fees may vary depending on the actual number of invoices, the complexity of accounting tasks, and the company's accounting records. To receive a detailed and tailored price list for financial statement preparation services, businesses should contact MAN's CEO directly for a survey and consultation on the most cost-effective solution.
Risk Warning: The "Trap" of Cheap Financial Statement Preparation Services
Currently, social media and even Google Ads are flooded with advertisements promising "Complete financial statement preparation services for just a few hundred thousand dong" or "1 million dong for all sizes and industries." These are dangerous traps that businesses need to be aware of.
The situation of "abandoning one's child in the marketplace"
These unlicensed, "ghost" tax agency units often simply accept payment and superficially input data to produce a set of financial statements that "look good" enough to submit. However, when tax authorities conduct inspections or request explanations, these units often respond with "the number you are trying to reach is currently unavailable" or refuse responsibility due to the lack of a clear legal contract.
"Junk" data and its legal implications
Preparing low-cost financial statements often means omitting a two-stage audit process. Common mistakes include:
- Incorrect accounting of the nature of the transaction (for example, long-term investment expenses being recorded as expenses in the current period).
- The balances between the accounting accounts and the detailed ledgers do not match.
- No reconciliation of accounts payable and physical cash flow was performed.
As a result, businesses are subject to administrative penalties for accounting violations under Decree 125/2020/ND-CP, with fines potentially reaching hundreds of millions of VND if there are signs of tax evasion.
Data security breach
Financial data is the "lifeblood" of a business. Low-cost providers often lack secure storage systems, leading to the risk of business secrets being leaked and customer information lists being compromised.
Factors affecting the pricing of financial statement preparation services.
To provide an accurate price list for financial statement preparation services, service providers typically base their pricing on four key factors:
- Number of incoming/outgoing invoices: This is a direct measure of workload. The more invoices, the greater the time spent on data entry, reconciliation, and document archiving.
- Business Sectors: The Trade/Service sector has relatively simple processes, focusing on inventory reconciliation and accounts payable. Manufacturing/Construction/Processing: This is the most complex sector. Accountants must calculate material consumption standards, process work-in-progress costs (Account 154), calculate product costs, and track inventory in detail. Therefore, service fees are usually higher than those for 30% – 50%.
- Revenue and total asset size: Large businesses have complex cash flows, multiple bank accounts, and financial investments requiring in-depth management.
- Current bookkeeping quality: If the business already has a good in-house accountant, the service provider only needs to review and prepare reports. Conversely, if the books are disorganized, the fee will include the "Accounting Bookkeeping Cleanup" service.
Specialized services for FDI enterprises and related-party transactions.
In 2026, the tax authorities will pay special attention to transfer pricing. Foreign-invested enterprises (FDI) that frequently transact with their parent companies or related parties face a very high risk of being subject to tax assessments.
- Preparation of transfer pricing documentation: Fees start from VND 20,000,000 (depending on the number of appendices and the nature of the transaction).
- Bilingual management reports: Assisting foreign business owners in understanding their financial situation in Vietnam. A fee of 20% is typically added to the basic financial reporting package.
Reference: Transfer pricing service quotation
The process for providing professional financial statement preparation services.
A reputable organization would never jump straight into data entry. Specifically, the process implemented by MAN – Master Accountant Network is as follows:
- Step 1 – Survey of the current situation: Receive the accounting records and documents. Conduct a preliminary assessment of outstanding risks from previous years.
- Step 2 – Collection and Review: Verify the validity of the 100% invoice on the General Department of Taxation's system. Immediately flag invoices belonging to businesses that have absconded or been dissolved.
- Step 3 – Transaction Processing: Perform closing entries, calculate cost of goods sold, allocate prepaid expenses, and depreciate fixed assets in accordance with Circular 45.
- Step 4 – Internal Control: The chief accountant reviews all reports, ensuring that financial indicators (such as gross profit margin, debt/equity ratio) are within safe limits for that industry.
- Step 5 – Report Submission and Handover: Support online submission, printing of ledgers and documents, and binding for handover to the business for archiving.
- Step 6 – After-sales support: We commit to providing explanations of data when requested by tax authorities, even after the contract has ended.
Key considerations for business owners when hiring financial statement preparation services.
To optimize costs and ensure safety, businesses should:
- Professional certification required: Only work with entities licensed by the Ministry of Finance. This is your insurance policy.
- Clear contract: The contract must clearly state the liability for compensation if errors occur that result in tax penalties.
- Don't leave things until the last minute: Sign the service contract in January or February to give the company time to thoroughly review it. Signing a contract close to March 31st often results in higher fees (rush fees) and compromised quality.
- Transparency in pricing for financial reporting services: Avoid vague pricing from providers that may later incur various additional "surcharges".
See details: Financial Reporting Services
Conclude
As can be seen, consulting a price list for financial statement preparation services not only helps businesses estimate costs reasonably but is also a crucial step in choosing a reputable accounting firm, ensuring transparent financial data and compliance with legal regulations. Especially for industries such as construction, interior decoration, manufacturing, and processing, where many complex accounting transactions occur, accurate financial statement preparation will help businesses mitigate tax risks and avoid unnecessary penalties.
In cases where a business has a large number of invoices or requires a review of its accounting system, the pricing for financial statement preparation services can be flexibly adjusted according to the actual workload. Therefore, to receive detailed advice and the most suitable quote for your company's operations, businesses should proactively contact MAN – Master Accountant Network for timely support before the financial statement submission deadline.
Contact information MAN – Master Accountant Network
- Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City
- Mobile/Zalo: 0903 963 163 – 0903 428 622
- E-mail: man@man.net.vn
Content production by: Mr. Le Hoang Tuyen – Founder & CEO MAN – Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.
Frequently Asked Questions about the Price List for Financial Statement Preparation Services
Yes. By regulation, even if no revenue or expenses are generated, businesses must still submit a blank set of financial statements and annual tax returns to maintain their legal operating status.
Typically, companies will separate the corporate income tax settlement fee (included in the financial statement package) and the personal income tax (calculated based on the number of employees). You should clarify this in the contract.
Yes. We offer accounting cleanup services to correct accumulated errors and ensure the opening balances for 2026 are accurate. Do newly established businesses that don't generate invoices need to prepare financial statements?
Does the price list for Financial Reporting services include the personal income tax settlement fee for employees?
If accounting data from previous years is incorrect, can the service provider handle it?
