Nguyen Thuy Vinh

Accounting Department, University of Labour and Social Affairs, Vietnam

Life insurance is increasingly close to the Vietnamese people and is likened to a provision financial solution against unexpected risks in life. The life insurance market in Vietnam continues to grow due to the recovery of the global economy and increased consumer demand for an asset and health protection. However, the insurance business is one of the most sensitive business areas. Therefore, information on a financial situation in general and business results provided by the accounting department has a great impact on customers and determines the existence and development of life insurance businesses. A rational accounting information system will make an important contribution to providing reliable accounting information, thereby improving the reputation of life insurance businesses in the market. In this article, the authors clarify the theoretical basis and situation of the accounting information system of Vietnamese life insurance businesses. From there, the authors propose solutions to improve the accounting information system to help improve the competitiveness of life insurance businesses.

Accounting information system, Life insurance businesses, accounting information, Life insurance market

1) Abu Khaddrah, Hussam Abdullah; Ashish, Samir (2008), " Accounting Information Systems", First Edition, Jordan, Amman, Arab Community Library for publishing and distributing.

2) American Accounting Association. "Accounting Information Systems (AIS) Mission Statement.", http://aaahq.org/AIS/About.”

3) James A. Hall. (2008). Accounting Information Systems, sixth edition, ISBN-13: 978-0-324-56089-3

4) Romney, M. & Steinbart, J.P. (2012). Accounting Information System. 12th edition. UK: Pearson Education Limited.

5) Taipalus, Toni. "A Notation for Planning SQL Queries," Journal of Information Systems Education, vol. 30, no. 3, 2019, pp. 160-166.

6) U.S. Congress. "Sarbanes-Oxley Act of 2002, https://www.congress.gov/107/plaws/publ204/PLAW-107publ204.pdf,” Pages 33-34 & 40-42.

7) https://en.wikipedia.org/wiki/Accounting_information_system

VOLUME 06 ISSUE 07 JULY 2023

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.