This research assesses the relationship between the level of environmental financial accounting practices (EFAP) and corporate financial risk (CFR). Data was collected from companies listed on Vietnam's securities market for five years from 2013 to 2017. The sample included two groups of companies: one, which followed EFAP and second which did not follow these practices. Based on quantitative research method, this study measured the relationship between levels of EFAP and CFR. The results reveal a close relationship between the EFAP and CFR levels of the current year and that of the following years(s). In addition, the results also point out that, there is a difference in financial risk between both the groups. The study recommends that enterprises should strengthen the environmental financial accounting practices to prevent financial risks in order to gain competitive advantage. Contribution/Originality: This research has examined the impact of the level of EFAP on CFR and found out that the level of EFAP in any current year can avoid the financial risk of not only that year but also prevents the financial risk of the following year.

This study aimed to investigate the nexus between the level of environmental financial accounting practices (EFAP) and cost of capital. The population of this study is 1.188 firm-year observations. However, we excluded 408 firm-year with less than 2 years of information to calculate EFAP, 73 firm-year without sufficient financial accounting information to calculate the cost of capital and 35 firm-year without sufficient financial accounting information to calculate control variables. Finally, this paper used a sample of 672 firm-year observations of listed companies on the Vietnam stock market for 5 years from 2013 to 2017. Two-stage regressions with the lag term are adopted to address econometric issues and to improve the accuracy of the regression coefficients. The results show that Vietnamese firms with higher EFAP performance can rapidly reduce their cost of capital. The findings also indicate that capital structure does not play a moderating role to evaluate the relationship between EFAP and the cost of capital.

The research is conducted for assessing factors affecting the implementation of Strategic Management Accounting (SMA) of medium - sized enterprises in Vietnam. Data was collected from 235 medium - sized enterprises of Vietnam for the period from 2019 to 2021. Based on quantitative research methods, the implementation of Strategic Management (SMA) and factors affecting this implementation were scrutinized. The results indicate that the implementation of Strategic Management (SMA) of medium - sized enterprises in Vietnam is influenced by factors: Technology level, Quality of accountants, Competitive level, Business strategy, and Business risk. Through findings, some recommendations are given for improving the implementation of SMA of medium – sized to satisfy the demand for information of the stakeholder in the context of integration.