{"id":2086,"date":"2025-09-19T02:57:00","date_gmt":"2025-09-19T09:57:00","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2086"},"modified":"2026-01-09T01:59:50","modified_gmt":"2026-01-09T08:59:50","slug":"kiem-soat-noi-bo-giao-dich-lien-ket","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/","title":{"rendered":"Internal control procedures for related-party transactions in enterprises 2026"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Internal control of related-party transactions is the key for businesses to effectively manage tax risks. From identifying related-party transactions, analyzing independent market prices, to documenting and periodically monitoring, a standardized internal control process helps businesses comply with Decree 132\/2020\/ND-CP while applying OECD standards, ensuring transparency, optimizing costs and enhancing business reputation.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Kiem_soat_noi_bo_giao_dich_lien_ket_la_gi\" >What is internal control of related party transactions?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Tam_quan_trong_cua_kiem_soat_noi_bo_giao_dich_lien_ket_doi_voi_doanh_nghiep\" >The importance of internal control of related party transactions for businesses<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Vai_tro_cua_kiem_soat_noi_bo_giao_dich_lien_ket_trong_doanh_nghiep\" >The role of internal control of related-party transactions in enterprises<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Su_khac_biet_giua_kiem_toan_noi_bo_va_kiem_toan_noi_bo\" >Difference between internal audit and internal audit<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Quy_trinh_kiem_soat_noi_bo_giao_dich_lien_ket\" >Internal control process of related party transactions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Thach_thuc_va_giai_phap_doanh_nghiep_trong_kiem_soat_noi_bo_giao_dich_lien_ket\" >Challenges and solutions for businesses in internal control of related-party transactions<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Ket_luan\" >Conclude<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/kiem-soat-noi-bo-giao-dich-lien-ket\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Kiem_soat_noi_bo_giao_dich_lien_ket_la_gi\"><\/span><b>What is internal control of related party transactions?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Internal control <\/span><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/tong-quan-giao-dich-lien-ket-2025\/\"><span style=\"font-weight: 400;\">affiliate transactions<\/span><\/a><span style=\"font-weight: 400;\"> is a system of processes, policies and procedures established within an enterprise to ensure that all transactions between related parties (such as parent companies, subsidiaries, or companies in the same group) are conducted transparently, in compliance with the law and in accordance with the principles of independent market prices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Internal control of related-party transactions not only focuses on recording and reporting transactions but also includes tax risk analysis, transaction valuation, periodic monitoring and documentation. The goal is to limit the risk of tax assessment by tax authorities, avoid collection of corporate income tax (CIT) and related penalties, and protect the reputation and financial value of the enterprise.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Tam_quan_trong_cua_kiem_soat_noi_bo_giao_dich_lien_ket_doi_voi_doanh_nghiep\"><\/span><b>The importance of internal control of related party transactions for businesses<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Implementing internal control of related-party transactions plays an important role in protecting reputation, managing risks and optimizing tax costs for businesses. When related-party transactions are not strictly controlled, businesses are at risk of being charged corporate income tax (CIT) by tax authorities for many years, along with fines and late payment interest, seriously affecting their finances and reputation in the market.<\/span><\/p>\n<figure id=\"attachment_2090\" aria-describedby=\"caption-attachment-2090\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2090\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Tam-quan-trong-cua-kiem-soat-noi-bo-giao-dich-lien-ket.jpg\" alt=\"T\u1ea7m quan tr\u1ecdng c\u1ee7a ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Tam-quan-trong-cua-kiem-soat-noi-bo-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Tam-quan-trong-cua-kiem-soat-noi-bo-giao-dich-lien-ket-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Tam-quan-trong-cua-kiem-soat-noi-bo-giao-dich-lien-ket-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Tam-quan-trong-cua-kiem-soat-noi-bo-giao-dich-lien-ket-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Tam-quan-trong-cua-kiem-soat-noi-bo-giao-dich-lien-ket-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2090\" class=\"wp-caption-text\">The importance of internal control of related party transactions<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">An effective internal control system for related-party transactions helps businesses:\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Protecting business reputation: Ensuring all transactions between related parties are transparent and comply with the law, creating trust with management agencies, investors and partners.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax and legal risk management: Identify and mitigate risks related to transfer pricing, avoid price adjustments or tax arrears.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Save costs and optimize financial efficiency: Minimize the possibility of incurring additional charges, administrative fines and late payment interest, while optimizing pricing structure and profits.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Internal control of related-party transactions is also a strategy to help businesses predict risks, improve management processes and enhance sustainable competitiveness. Therefore, establishing and maintaining a standard internal control system for related-party transactions is not only a legal requirement but also a long-term solution to protect finances, reputation and develop businesses sustainably.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Vai_tro_cua_kiem_soat_noi_bo_giao_dich_lien_ket_trong_doanh_nghiep\"><\/span><b>The role of internal control of related-party transactions in enterprises<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Internal control of related-party transactions plays a strategic role in helping businesses prevent tax risks, ensure transparency and compliance with the law. In the context of tax authorities increasingly tightening the management of related-party transactions between parent companies, subsidiaries or companies in the same group, the lack of a systematic internal control system can lead to the risk of price adjustment, collection of corporate income tax for many years with fines and late payment interest, causing financial losses and affecting the reputation of the business.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Specifically, the role of internal control of related-party transactions includes:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tax risk prevention: Internal control system for related-party transactions helps enterprises identify transactions at risk of price adjustment, thereby implementing preventive measures such as transfer price assessment, comparison with independent market prices, and application of OECD standard valuation methods.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensuring transaction transparency: Documenting, recording and reporting all transactions helps businesses demonstrate the validity of transactions and meet the audit and inspection requirements of tax authorities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Compliance with laws and international standards: The internal control system for related-party transactions helps businesses comply with the provisions of Decree 132\/2020\/ND-CP, guiding Circulars and OECD standards on transfer pricing, limiting legal risks.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Thus, internal control of related-party transactions is not only a tool for tax risk management, but also a mechanism to protect reputation, increase transparency and improve business management efficiency. Enterprises can proactively evaluate, monitor and continuously improve, ensuring that all related-party transactions are carried out safely, transparently and legally.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Understanding the strategic role of internal control of related-party transactions is a fundamental step for businesses to manage tax risks and make transactions transparent. However, many businesses still confuse internal audit and internal control, leading to ineffective implementation. To apply the process correctly and maximize the benefits, it is necessary to first clarify the fundamental difference between these two concepts.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Su_khac_biet_giua_kiem_toan_noi_bo_va_kiem_toan_noi_bo\"><\/span><b>Difference between internal audit and internal audit<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To effectively implement an internal control system for related-party transactions, businesses need to clearly understand the difference between internal control for related-party transactions and internal audit. Confusing these two concepts can lead to incorrect application of methods, reducing the effectiveness of risk management and transaction transparency. The table below summarizes the main differences, helping businesses identify the functions, scope and benefits of each management tool.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Board:<\/b><span style=\"font-weight: 400;\"> Comparison between internal control of related party transactions and internal audit.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Criteria<\/b><\/td>\n<td style=\"text-align: center;\"><b>Internal control of related party transactions<\/b><\/td>\n<td style=\"text-align: center;\"><b>Internal audit<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Define<\/span><\/td>\n<td><span style=\"font-weight: 400;\">A system of processes, policies and procedures to ensure that all related party transactions are conducted transparently, in compliance with the law and in accordance with the principles of independent market prices.\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Independent, objective assessment of the effectiveness, legality and compliance of an enterprise&#039;s processes, financial reporting and internal controls.\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Main objective<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Prevent tax risks, ensure transaction transparency, comply with Decree 132\/2020\/ND-CP and OECD standards.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Evaluate and improve operational performance, validate financial data, detect errors or fraud.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Scope of application<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Focus on related party transactions between parent companies, subsidiaries and related parties.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Covers all business operations, from finance, operations to compliance.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Nature<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Proactive, continuous, integrated into daily business operations.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Usually periodic inspection and evaluation, independent of the operating process.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Method<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Identify transactions, collect data, assess risks, create transparent records, and monitor periodically.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Review documents, reports, compare data, assess risk and compliance, and make recommendations for improvement.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Result<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Standardized control process, transparent transaction records, reducing the risk of tax imposition.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Internal audit reports, process improvement recommendations, error or fraud detection.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Impact on business<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Helps comply with laws, prevent tax risks, enhance reputation and optimize costs.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Improve governance efficiency, financial transparency, problem detection and control.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">A clear distinction between internal control of related-party transactions and internal audit helps businesses apply the right management tools, optimize risk prevention efficiency and ensure financial transparency. While internal control of related-party transactions focuses on risk prevention and compliance with daily related-party transactions, internal audit plays a role in independent assessment and process improvement.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After clearly identifying the difference between internal control of related-party transactions and internal audit, the next step is to implement a systematic and standardized internal control process of related-party transactions. This process helps businesses proactively monitor related-party transactions, ensure legal compliance, data transparency and effectively prevent tax risks. Below are detailed steps that businesses can apply.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Quy_trinh_kiem_soat_noi_bo_giao_dich_lien_ket\"><\/span><b>Internal control process of related party transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_2089\" aria-describedby=\"caption-attachment-2089\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2089\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Quy-trinh-thuc-hien-kiem-soat-noi-bo-giao-dich-lien-ket.jpg\" alt=\"Quy tr\u00ecnh th\u1ef1c hi\u1ec7n ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Quy-trinh-thuc-hien-kiem-soat-noi-bo-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Quy-trinh-thuc-hien-kiem-soat-noi-bo-giao-dich-lien-ket-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Quy-trinh-thuc-hien-kiem-soat-noi-bo-giao-dich-lien-ket-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Quy-trinh-thuc-hien-kiem-soat-noi-bo-giao-dich-lien-ket-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Quy-trinh-thuc-hien-kiem-soat-noi-bo-giao-dich-lien-ket-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2089\" class=\"wp-caption-text\">Procedure for implementing internal control of related-party transactions<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">To effectively implement an internal control system for related-party transactions, businesses need to apply a detailed, standardized process from identifying transactions, collecting data, to monitoring and periodically improving. The table below presents 6 basic steps in the internal control process for related-party transactions, helping businesses easily implement and manage risks in a transparent and effective manner.<\/span><span style=\"font-weight: 400;\">.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Board:<\/b><span style=\"font-weight: 400;\"> Internal control process of related party transactions.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>Step\u00a0<\/b><\/td>\n<td style=\"text-align: center;\"><b>Main activities\u00a0<\/b><\/td>\n<td style=\"text-align: center;\"><b>Target\u00a0<\/b><\/td>\n<td style=\"text-align: center;\"><b>Result<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Identify transactions and related parties<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Identify related parties (parent, subsidiary, group company) and type of transaction (goods, services, intangible assets, finance).<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Determine the scope and objects to be controlled.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Full list of related transactions, classified by risk level.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Data collection and standardization<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Collect contracts, financial reports, related documents; standardize data for analysis.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Ensure data is accurate, transparent and available for risk assessment.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Complete and standardized linked transaction data set.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Risk analysis and assessment<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Compare transaction value with the principle of independent market price; apply transfer pricing methods (CUP, TNMM, CPM...).<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Identify potential tax and legal risks.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Risk assessment reports identify transactions requiring special monitoring.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Establish control and approval mechanisms<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Assign responsibilities, establish contract approval processes, and monitor periodically.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Ensure all transactions are approved properly and with clear accountability.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Internal approval and monitoring processes are implemented.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Profiling and information transparency<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Prepare local file, master file and country-by-country reporting (CbCR) if applicable.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Meet legal requirements and demonstrate the reasonableness of the transaction.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Full transaction records, ready for inspection and audit.<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Periodic testing, evaluation and improvement<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Annual internal review, coordination of internal or independent audits; updating methods and data.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Improve control efficiency and promptly adjust arising risks.<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Periodic assessment reports, process improvement plans, tax risk mitigation.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">In general, the full implementation of the internal control process for related-party transactions helps businesses ensure transparency, comply with the law and effectively prevent tax risks. However, in reality, many businesses still face challenges in applying this process, from limitations in data, human resources to coordination between departments. Join MAN - Master Accountant Network to learn about common challenges and provide optimal solutions to help businesses effectively implement internal control for related-party transactions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thach_thuc_va_giai_phap_doanh_nghiep_trong_kiem_soat_noi_bo_giao_dich_lien_ket\"><\/span><b>Challenges and solutions for businesses in internal control of related-party transactions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_2088\" aria-describedby=\"caption-attachment-2088\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2088\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Nhung-thach-thuc-trong-viec-kiem-soat-noi-bo-giao-dich-lien-ket.jpg\" alt=\"Nh\u1eefng th\u00e1ch th\u1ee9c trong vi\u1ec7c ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Nhung-thach-thuc-trong-viec-kiem-soat-noi-bo-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Nhung-thach-thuc-trong-viec-kiem-soat-noi-bo-giao-dich-lien-ket-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Nhung-thach-thuc-trong-viec-kiem-soat-noi-bo-giao-dich-lien-ket-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Nhung-thach-thuc-trong-viec-kiem-soat-noi-bo-giao-dich-lien-ket-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/09\/Nhung-thach-thuc-trong-viec-kiem-soat-noi-bo-giao-dich-lien-ket-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2088\" class=\"wp-caption-text\">Challenges in internal control of related party transactions<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Although implementing an internal control process for related-party transactions helps businesses to make transactions transparent and minimize tax risks, in reality, there are still many difficulties in the application process. To help businesses easily visualize and handle effectively, the table below summarizes common challenges and proposed solutions to help improve the internal control system in a sustainable and effective way.<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><b>Board:<\/b><span style=\"font-weight: 400;\"> Synthesis of challenges and business solutions in internal control of related-party transactions.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><strong>Challenge\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Detailed description<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Proposed solution<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Lack of transparent data<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">It is difficult for businesses to collect complete, accurate and timely data on related-party transaction comparisons.<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Apply centralized data management system, standardize information and keep complete records.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Cost and limited resources<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Implementing an internal control system costs manpower, training and operation.<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Optimize processes, apply automation technology, and reasonably decentralize between departments.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Confusion with internal audit<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Some businesses use internal auditing instead of internal control, resulting in a lack of proactive monitoring.<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Clearly define the role, scope and methods of internal control of related-party transactions.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Risk of price adjustment and tax collection<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">If transactions are not transparent, businesses are at risk of being assessed taxes, administrative fines and late payment interest by tax authorities.<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Conduct periodic risk assessments, prepare independent market valuation documentation, and coordinate with consultants.<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Ineffective coordination between departments<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Lack of alignment between finance, legal and internal audit leads to uneven process implementation.<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Establish inter-departmental coordination mechanisms, regular meetings, and transparent data sharing.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span style=\"font-weight: 400;\">Clearly identifying the challenges in internal control of related-party transactions and applying appropriate solutions will help businesses minimize tax risks, increase transparency and optimize management efficiency. The combination of standardized processes, supporting technology and coordination between departments is the key to implementing internal control of related-party transactions in a sustainable manner.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Internal control of related-party transactions is not only a legal requirement but also an important strategy to help businesses prevent tax risks, make transactions transparent and protect reputation. A standardized internal control system, combined with supporting technology and smooth coordination between departments, will help businesses operate effectively, optimize costs and improve sustainable competitiveness.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To ensure that all related-party transactions are strictly controlled, businesses should consider building or reviewing internal control procedures and coordinate with consultants when necessary. With the support of MAN \u2013 Master Accountant Network, businesses can access in-depth solutions, practical experience and the latest legal updates, thereby optimizing internal control of related-party transactions effectively. Please contact MAN \u2013 Accountant Network for consulting support.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><a href=\"http:\/\/man.net.vn\" rel=\"nofollow noopener\" target=\"_blank\"><b>Contact information MAN \u2013 Master Accountant Network<\/b><\/a><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mobile \/ Zalo: 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">E-mail: <\/span><a href=\"mailto:man@man.net.vn\"><span style=\"font-weight: 400;\">man@man.net.vn<\/span><\/a><\/li>\n<\/ul>\n<p>Content production by: Mr.\u00a0<a href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" target=\"_blank\" rel=\"noopener nofollow\">Le Hoang Tuyen<\/a>\u00a0\u2013 Founder &amp; CEO MAN \u2013 Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/p>\n<p style=\"text-align: right;\"><b>Editorial Board: MAN \u2013 Master Accountant Network<\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>Ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 giao d\u1ecbch li\u00ean k\u1ebft l\u00e0 ch\u00eca kh\u00f3a \u0111\u1ec3 doanh nghi\u1ec7p qu\u1ea3n tr\u1ecb r\u1ee7i ro thu\u1ebf hi\u1ec7u qu\u1ea3. T\u1eeb x\u00e1c \u0111\u1ecbnh giao d\u1ecbch li\u00ean k\u1ebft, ph\u00e2n t\u00edch gi\u00e1 th\u1ecb tr\u01b0\u1eddng \u0111\u1ed9c l\u1eadp, \u0111\u1ebfn l\u1eadp h\u1ed3 s\u01a1 v\u00e0 gi\u00e1m s\u00e1t \u0111\u1ecbnh k\u1ef3, m\u1ed9t quy tr\u00ecnh ki\u1ec3m so\u00e1t n\u1ed9i b\u1ed9 chu\u1ea9n h\u00f3a gi\u00fap doanh [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2087,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=2086"}],"version-history":[{"count":3,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2086\/revisions"}],"predecessor-version":[{"id":2784,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2086\/revisions\/2784"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/2087"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}