The application of international financial reporting standards for small and medium-sized enterprises (IFRS for SMEs) is an essential issue, thereby providing orientation for setting accounting standards for small and medium-sized enterprises in Vietnam. The objective of the study is to identify and measure the impact of factors within SMEs on IFRS application in Vietnam. The study was conducted on 157 survey samples at listed companies in Ho Chi Minh City. The research method combines qualitative and quantitative with the use of SPSS software. Analytical techniques include descriptive statistics, scale reliability testing, EFA analysis, linear regression. The research results show that 5 factors inside small and medium enterprises affect IFRS application in Vietnam: (1) Scale
(2) Accounting qualifications
(3) Manager's interest
(4) Cost benefit relationship
(5) Demand for information use.