CMAS
Capital Markets & Complex Accounting Services
CARA · FAIR
About Us
About IPAS
Evidence-led. Risk-controlled. Implementation-focused. IPAS integrates financial data, legal contracts and operational reality into a single analytical framework that can be tested.
Practical structuring solutions built from the economic substance of the issue
IPAS – International Progressive Financial - Accounting and Tax Solutions Company Limited is a strategic advisory firm specializing in forensic accounting, corporate restructuring, family business governance, tax and transfer pricing.
Material issues often arise where financial data, legal contracts and operational reality intersect. IPAS integrates these layers into a single analytical framework that can be tested, documented and implemented.
We serve FDI groups, large private enterprises and family businesses in high-stakes situations: shareholder disputes, long-outstanding balances, pre-transaction remediation, generational succession and conflicts between customs, tax and transfer pricing.
Advisory value is proven by the ability to withstand independent scrutiny.
Our approach
Knowledge, discipline and a documented evidence base
IPAS brings financial, accounting and tax work together around the facts of each engagement. Our specialist teams establish the scope, reconcile the records and document the conclusions and next steps.
IPAS Thinking Model
Economic substance and evidence come before conclusions
Economic substance before form: establish economic facts and evidence before conclusions.
Facts
01
What actually happened? Who was involved? How did cash and documents move?
Economics
02
Who actually creates value, receives the economic benefit and bears the risk?
Evidence
03
What can be substantiated by contracts, bank records, ERP data, customs records, accounting and source documents?
Implementation
04
Which solution can be implemented, controlled and supported under independent scrutiny?
Apply substance over form rather than mechanical compliance.
How IPAS is organised
Organised by client context, delivered by specialist teams
Service Departments manage the client relationship and coordinate each engagement. Specialist Teams provide the technical work and are deployed across departments according to the subject matter.
- 4 Service Departments Client lead, scope, quality and coordination
- 6 Specialist Teams Technical capability, shared across departments
- Cross-practice reviews Special reviews, internal control and factual findings
CATA works across departments: through ISD for FDI engagements and through CATS for Vietnamese and general corporate clients.
ISD
International Services
IBA · TASC · CATA FDI
CATS
Corporate Accounting & Tax Services
CATA
GSA
Governance & Succession Advisory
FOSA
Knowledge & Professional Development
Professional capability is earned, not assumed.
At IPAS, learning is part of professional responsibility. Our people are expected to continuously deepen technical knowledge, pursue relevant professional and academic development, and test that knowledge against real client situations.
Experience becomes expertise when it is documented, challenged, reviewed and shared.
- Learn
- Apply
- Deepen
- Advise
- Lead
Why IPAS
Advisory value is proven by the ability to withstand independent scrutiny
Can the position still stand when someone else challenges it?
- 01
Facts before opinions
Establish facts and data before reaching conclusions.
- 02
Economics before form
Assess economic substance rather than relying on contract labels or accounting entries.
- 03
Evidence before conclusions
Material positions require source data, reconciliations and a documented review record.
- 04
Implementation before presentation
A solution must define ownership, required documentation, timing and residual risk.
Quality & Independence
Clear professional boundaries underpin credible advisory outcomes
- Scope is defined before work begins
- Conclusions are evidence-based and material assumptions are documented
- IAV is separately appointed where law or standards require
- Advisory coordination does not override professional judgment or reporting responsibility
Corporate Profile 2026
Open profile folder PDF · Google Drive
Read the IPAS corporate profile
Service Departments, Specialist Teams, methodology and selected experience – available in four languages.
- Vietnamese
- English
- Traditional Chinese
- Korean
Offices
Present in three economic hubs
Hanoi Office
5th Floor, IC Building, No. 82 Duy Tan Street, Cau Giay Ward, Hanoi City, Vietnam
View on mapHo Chi Minh City Office
L17-11, 17th Floor, Vincom Center Building, 72 Le Thanh Ton Street, Sai Gon Ward, Ho Chi Minh City, Vietnam
View on mapIndependent Audit & Valuation (IAV) and Trade, Logistics & Field Operations (YUHICHY) are separate legal entities in the IPAS Professional Network. Firms interested in working with IPAS: Strategic Alliance.
