The Current Situation of Cost Accounting and Costing for Higher Education Services at Training Institutions Under the Ministry of Finance of Vietnam

Purpose: This article surveys, analyzes, and evaluates the current practices of cost accounting and costing for higher education services at training institutions under the Ministry of Finance of Vietnam. Based on the findings, the study proposes scientific foundations to improve cost accounting practices and enhance financial management efficiency. Design/methodology/approach: The research is conducted by systematizing theoretical issues related to cost accounting and costing in public higher education. The author carries out field surveys at several training institutions affiliated with the Ministry of Finance of Vietnam, focusing on key aspects such as an overview of training services, legal regulations, cost classification, identification of cost accounting objects, accounting methods, and the provision of information for management purposes. Findings: The results indicate that cost accounting practices at these institutions still face many limitations: accounting methods lack consistency, and the information provided for management is insufficient. Conclusion: This study serves as a valuable reference for policymakers and educational institutions in refining financial management mechanisms to better align with the realities of public higher education institutions under the Ministry of Finance of Vietnam.