Nghiên cứu được thực hiện với mục đích kiểm định sự hài hòa giữa chuẩn mực kế toán Việt Nam và chuẩn mực kế toán quốc tế về bất động sản đầu tư trước khi Bộ Tài Chính ban hành Thông tư 200/2014/TT-BTC, được gọi là giai đoạn 1.This study deals with measuring the convergence between Vietnamese Accounting Standards (VAS) and International Accounting Standards (IAS) on investment real estate before the Ministry of Finance issued the Circular No. 200/2014/TT-BTC, which is known as the first period. The period after issuing this Circular is known as the second one. The analytical result shows that the overall level of convergence between VAS and IAS on investment real estate is still low, the index H represents for the level of convergence in the period 1 is 64 percent and in the period 2 is 66 percent. After the Circular is issued, the level of harmonisation has improved. However, the results of chi-squared test shows that the level of changing harmonisation before and after the enactment of Circular 200 does not have statistic meaning.