15-06 Issuance of The Business Accounting System - English

MINISTRY OF FINANCE SOCIALIST REPUBLIC OF VIETNAM
Independence – Freedom - Happiness

No:15/2006/QD-BTC
Hanoi, 20 March 2006
D E C IS ION
on issuance of the business accounting system
MINISTER OF FINANCE
- Pursuant to the Law on Accounting No. 03/2003/QH11 dated 17 June 2003 and
Government Decree No.129/2004/ND-CP dated 31 May 2004, making detailed regulations and
providing guidelines for implementation of a number of Articles of the Law on Accounting in
business activities;
- Pursuant to Government Decree No.77/2003/ND-CP dated 1 July 2003, stipulating
functions, duties, powers and organisational structure of the Ministry of Finance;
Following the proposal by the Director of the Accounting System and Auditing
Department and the Office Manager of the Ministry of Finance,
DECIDES:
Article 1: To issue “the business accounting system” applicable to all enterprises in all fields
and all economic sectors throughout the country. The business accounting system shall
include four parts:
Part I: Bookkeeping Account System ;
Part II: Financial Statement System ;
Part III: System of Accounting Documents;
Part IV: Syustem of accounting Books.
Article 2: Enterprises, companies and corporations shall, based on “the business

accounting system”, carry out research, concretize and formulate the accounting system
and specific regulations on its contents, and the method of application of such accounting
system, which are appropriate to business chracteristics and management requirements in
each industry, each operational field and each economic sector. Where there is an
amendment or addition to class-1 or class-2 accounts or an amendment to financial
statements, a written agreement by the Ministry of Finance must be obtained.
Within the scope regulated in the business accounting system and in implementing
documents issued by superior administration bodies, enterprises shall study and apply the list
of accounts, source documents and accounting books, and select the form of accounting
appriopriate to their business and production characteristics, management requirements and
accouting work.
Article 3: This Decision shall have full force and effectafter 15 days fronm the date on which
it is published in the official gazette. In particular, the regulations on “preparation of mid-year
consolidated financial statements” in point 4, and “responsibility for preparation and
presentation of financial statements” in Section A.I, Part II sghall be implemented as from
2008.
This Decision shall replace Decision No.1141 TC/QD/CDKT dated 1 November 1995 of the
Minister of Finance, issuing “the business accounting system”; Decision No.167/2000/QD-
BTC dated 25 October 2000 of the Minister of Finance, issuing “the regime of business
financial statements”, Circular No.10 TC/CDKT dated 20 march 1997, providing “guidelines
on amendment and addition to the business accouting system”; Circular No.33/1998/TT-BTC
dated 17 March 1998, providing “guidelines on accouting for, appropriating and using
provisions for reduction in prices of inventory, for bad debts and for recduction in prices of
securities at State enterprises”; Circular No.77/1998/TT-BTC dated 6 June 1998, providing
“guidelines on exchange rates for conversion of foreign currencies into Vietnamese dong,
used for accounting treatment by enterprises”; Circular No.100/1998/TT-BTC dated 15 July
1998, providing “guidelines on accounting for VAT and Business Income Tax (BIT)”; Circular
No.180/1998/TT-BTC dated 26 December 1998, providing “additional guidelines on
accounting for VAT”; Circular No.186/1998/TT-BTC dated 28 December 1998, providing
“guidelines on accounting for export-import duties and special sales tax”; Circular
No.107/1999/TT-BTC dated 1 September 1999, providing “guidelines on accounting for VAT
on finance lease activities”; Circular No.120/1999/TT-BTC dated 7 October 1999, providing
“guidelines on amendment and addition to the business accounting system”; Circular
No.54/2000/TT-BTC dated 7 June 2000, providing “guidelines on accounting for business
establishments’ goods sold by their affiliated units located in other provinces and cities and
practicing dependent cost accounting, and by their agents for commission”.
Article 4: The contents specified in Decisions issuing accounting standards and in Circulars
providing guidelines on application of accounting standards issued from stage 1 to stage 5,
which are not contrary to those specified in this Decision, shall still be valid.
Article 5: The ministries, ministerial equivalent bodies, people’s committees of provinces and
cities under central authotrity shall be responsible for instructing units under their
administration to apply “the business accounting system” issued together with this Decision.
Article 6: The Director of the Accounting System and Auditing Department, the Ministry of
Finance’s Office Manager, the Director of the Corporate Finance Department, the General
Director of Taxation, and heads of relevant units under the Ministry of Finance shall be
responsible for guiding and examining the implementation of this Decision.
Recipients: FOR MINISTER

- Thủ tướng, các Phó Thủ tướng DEPUTY MINISTER
Chính phủ (để báo cáo);
- Văn phòng Chính phủ;
2
- Văn phòng Quốc hội;
- Văn phòng Chủ tịch nước;
(signed)
- Văn phòng TW Đảng;
- Các Bộ, cơ quan ngang Bộ
cơ quan thuộc Chính phủ; Tran Van Ta
- Toà án nhân dân tối cao;
- Viện kiểm sát nhân dân tối cao;
- UBND, Sở Tài chính, Cục thuế các tỉnh,
TP trực thuộc TW;
- Cục kiểm tra văn bản (Bộ Tư pháp);
- Hội Kế toán và Kiểm toán Việt Nam;
- Hội Kiểm toán viên hành nghề Việt Nam;
- Các Công ty kế toán, kiểm toán;
- Công báo;
- Các đơn vị thuộc Bộ Tài chính;
- Vụ Pháp chế (Bộ Tài chính);
- Lưu VT (2 bản), Vụ CĐKT &KT.
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PART I
BOOKKEEPING ACCOUNT SYSTEM
I- GENERAL PROVISIONS
1- Bookkeeping accounts are used to classify and systematize economic

and financial transactions according to their economic targets.
The business bookkeeping account system includes class-1 accounts, class-2

accounts, balance shhet accounts and off balance sheet accounts in
accordance with the provisions in this Decision.
2- Enterprises, companies and corporations shall, based on the bookkeeping

account system, carry out research on and make use of a detailed bookkeeping
account system which is appropriate to their business and production
chracteristics and management requiremnets, but such a detailed bookkeeping
account system must conform to the content and structure of, and the
accounting methods in, corresponding general bookkeeping accounts.
3- Where enterprises, companies or corporations need to add class-1 or class-2

accounts or amend class-1 or class-2 accounts in relation to name, sign and
contents of, or methods of accounting for particular economic transactions, they
must obtain a written approval from the Ministry of Finance before making such
an addition or amendment.
4- Enterprises, companies or corporations may further set up class-2 or class-3

accounts for the accounts whose class-2 or class-3 acount is not stated in the
list of business bookkeeping account system issued together with this Decision
in order to serve their management requirements, and they shall not be required
to obtain an approval from the Ministry of Finance.
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II- LIST OF BUSINESS BOOKKEEPING ACCOUNT SYSTEM
No Serial Account
Number
Class Class NAME OF ACCOUNT REMARK
1 2
1 2 3 4 5
TYPE OF ACCOUNT 1
SHORT-TERM ASSETS
01 111 Cash
1111 Vietnamese currency
1112 Foreign currency
1113 Gold, silver, precious metals, gemstones
02 112 Deposits Detailing each bank

1123 Gold, silver, precious metals, gemstones
03 113 Cash in transit

04 121 In vestment in short-term securities

1211 Bonds
1212 Ordinary bonds, treasury bonds, term bonds
05 128 Other short-term investments

1281 Term deposits
1288 Other short-term investments
06 129 Provisions for reduction in prices of short-term

investments
07 131 Accounts receivable from customers Detailing each

entity
08 133 Deductible VAT

1331 Deductible VAT on goods or services
1332 Deductible VAT on fixed assets
09 136 Internal receivables
1361 Business capital at affiliated units
1368 Other internal receivables
10 138 Other receivables

1381 Insufficient assets awaiting handling
1 2 3 4 5
1385 Receivables from equitisation
1388 Other receivables
5
11 139 Provisions for bad debts
12 141 Advances Detailing each
entity
13 142 Short-term prepaid expenses

14 144 Short-term mortgages, deposits or collateral
15 151 Purchases in transit
16 152 Raw materials, materials Detailing by
management
requirements
17 153 Tools, instruments
18 154 Expenses of work in progress
19 155 Finished products
20 156 Goods
1561 Purchase prices of goods
1562 Costs of purchases
1567 Property
21 157 Goods on consignment
22 158 Goods in bobded warehouse Exporter or importer
permitted to esatblish
bonded warehouse
23 159 Provisions for reduction in prices of inventory
24 161 Adminmistrative payments
1611 Administrative payments in previous year
1612 Administrative payments in this year
TYPE OF ACCOUNT 2
LONG-TERM ASSETS
25 211 Tangible fixed assets

2111 Buildings, architectural structures
2112 Machinery or equipment
2113 Means of transport or transmission
2114 Equipment or devices used for management
2115 Perennial plants, animals working and giving products
2118 Other fixed assets
26 212 Fixed assets under a finance leace
27 213 Intangible fixed assets
2131 Land use right
2132 Distribution right
2133 Copyright, patent
2134 Trademarks of goods
2135 Computer software
2136 Licence and franchising licence
2138 Other intangible fixed assets
28 214 Wear and tear of fixed assets
2141 Wear and tear of tangible fixed assets
2142 Wear and tear of financially-leased fixed assets
1 2 3 4 5
2143 Wear and tear of intangible fixed assets
2147 Wear and tear of invested property
29 217 Invested property
30 221 Investment in subsidiaries
31 222 Capital contribution to a joint venture enterprise
32 223 Investment in an associated company
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33 228 Other long-term investments
2281 Shares
2282 Bonds
2288 Other long-term investments
34 229 Provisions for reduction in long-term investments
35 241 Capital construction in progress
2411 Procurement of fixed assets
2412 Capital construction
2413 Major repair to fixed assets
36 242 Long-term prepaid expenses
37 243 Assets on which income tax is postponed
38 244 Long-term deposit or collateral
TYPE OF ACCOUNT 3
ACCOUNTS PAYABLE
39 311 Short-term loan
40 315 Long-term debt falling due
41 331 Accounts payable to sellers Detailing each
entity
42 333 Taxes and charges payable to the State
3331 VAT payable
33311 Output VAT
33312 VAT on imports
3332 Special Sales Tax
3333 Export/Import Duties
3334 Business Income Tax (BIT)
3335 Personal Income Tax (PIT)
3336 Natural resources tax
3337 Housing and land tax, land rental
3338 Oother types of tax
3339 Fess, charges and other items of payment
43 334 Payables to employees
3341 Payables to government officials and employees
3348 Payables to other employees
44 335 Expenses payable
45 336 Internal payables
46 337 Payments for completed work under a construction Construction
contract company makes
payments for
completed work
47 338 Other payables
3381 Suplus assets awaiting handling
3382 Labour union budget
1 2 3 4 5
3383 Social insurance
3384 Medical insurance
3385 Payables for equitisation
3386 Receipt of short-term deposit or collateral
3387 Unrealized revenue
3388 Other payables
48 341 Long-term loan
49 342 Long-term debts
50 343 Issued bonds
3431 Par value of bonds
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3432 Discount on bonds
3433 Excesses over bonds
51 344 Rceipt of long-term deposit or collateral
52 347 Postponed income tax payable
53 351 Contingency fund for loss-of-employment
allowances
54 352 Provisions that must be returned
LOẠI TK 4
OWNERS’ EQUITY
55 411 Source of business capital

4111 Owners’ investment capital
4112 Surplus of shareholders’ equity Shareholding
company
4118 Other capital
56 412 Difference in property revaluation
57 413 Foreign exchange differences
4131 Difference in revaluation of foreign exchange gains or
losses at the closing of a financial year
4132 Foreign exchnage differences in the stage of investment
in capital construction
58 414 Development investment fund
59 415 Financial contingency fund
60 418 Other funds founded from owners’ equity
61 419 Fund’s shares Shareholding
company
62 421 Undistributed profits
4211 Undistributed profit in the previous year
4212 Undistributed profit in this year
63 431 Reward or welfare fund
4311 Reward fund
4312 Welfare fund
4313 Welfare fund forming fixed asset
64 441 Source of capital invested in capital construction Applicable to State
enterprises
65 461 Source of administrative budget Used for
4611 Source of administrative budget in the previous year companies or
corporations
4612 Source of administrative budget in this year with source of
busget
66 466 Source of budget forming fixed asset
1 2 3 4 5
TYPE OF ACCOUNT 5
REVENUE
67 511 Revenue from sale of goods and provision of
services
5111 Revenue from sale of goods
5112 Revenue from sale of finished products Detailing by
5113 Revenue from provision of services management
5114 Revenue from allowances or price subsidies requirements
5117 Revenue from trade in invested property
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68 512 Revenue from internal sales Applicable to
5121 Revenue from sale of goods Internal sales
5122 Revenue from sale of finished products
5123 Revenue from provision of services
69 515 Revenue from financial operations

70 521 Trade discount
71 531 Returned sales
72 532 Reduction in prices of goods sold
TYPE OF ACCOUNT 6
PRODUCTION OR BUSINESS COSTS
73 611 Purchase of goods Application of

6111 Purchase of raw materials or materials the method of
6112 Purchase of goods periodical inventory
74 621 Costs of raw materials or materials directly used

75 622 Costs of direct employees
76 623 Costs for use of construction machinery Applicable to
6231 Costs of employees construction
company
6232 Costs of materials
6233 Costs of production instruments
6234 Cost of amortization of construction machinery
6237 Costs of hired services
6238 Other costs in cash
77 627 General production costs
6271 Costs of workshops’ employees
6272 Costs of materials
6273 Costs of production instruments
6274 Costs of amortization of fixed assets
6277 Cost of hired services
78 631 Cost of production Method of
periodical inventory
79 632 Historical cost of goods sold
80 635 Financial costs
81 641 Costs of sale
6411 Costs of employees
6412 Costs of materials or packing
1 2 3 4 5
6413 Costs of instruments or appliances
6415 Costs of warranty
82 642 Costs of business management
6421 Costs of managers
6422 Costs of managed materials
6423 Costs of stationery
6425 Taxes, fees and charges
6426 Provisions
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TYPE OF ACCOUNT 7
OTHER INCOMES
83 711 Other incomes Detailing by

operations
TYPE OF ACCOUNT 8
OTHER COSTS
84 811 Other costs Detailing by
operations
85 821 BIT costs
8211 Current BIT costs
8212 Postponed BIT costs
TYPE OF ACCOUNT 9
DETERMINATION OF BUSINESS RESULTS
86 911 Determination of business results
TYPE OF ACCOUNT 0
OFF BALANCE SHEET ACCOUNTS
001 Hired assets
002 Materials or goods held on behalf of other entities, Detailing by

or received for processing
management
requirements
003 Goods received for sale on behalf of other entities,
or taken as goods on consignment or mortgages
004 Bad debts written off
007 Foreig currencies
008 Estimate for administrative or project costs
PART II
FINANCIAL STATEMENT SYSTEM
I/ GENERAL PROVISIONS
A. Annual and mid-year financial statements
1. Purposes of financial statements

Financial statements are used for the objective of providing information about the financial
position, performance and cash flows of an enterprise, which meets management requirements of the
enterprise’s owner and State bodies, and is useful to a wide range of users in making economic
decisions. The financial statements must provide information about an enterprise’s:
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a/ assets;
b/ liabilities and owners’ equity;
c/ revenue, other income, operating expenses and other costs;
d/ gains and losses, and distribution of operating results;
đ/ Taxes and charges payable to the State;
e/ Other assets relating to the enterprise;
g/ Cash flows.
Apart from the above information, an enterprise shall still be required to include other
information in the “notes to the financial statements” in order to give further explanation of the
items shown on its general financial statements and the accounting policies that it has
applied to recognise the economic transactions, and prepare and present the financial
statements.
2- Objects of application
The annual financial statement system shall be applied to enterprises of all types in all
industries and economic sectors. In particular, medium and small businersses shall still be
required to comply with general provisions in this Part and specific provisions appropriate to
medium and small businesses, specified in the accounting system for medium and small
businesses.
The preparation and presentation of financial statements by banks or similar financial
organisations are additionally stipulated in the Accounting Standard No.22 “Additional
representation of financial statements by banks and similar financial organisations” and in
specific documents.
The preparation and presentation of financial statements by enterprises in a particular
branch shall comply with the provisions specified in the accounting system issued by the
Ministry of Finance, or by the branch with the Ministry of Finance’s approval.
A parent company or group that prepares its consolidated financial statements must
comply with the provisions in the Accounting Standard “Consolidated financial statements
and accounting for investments in subsidiary companies”.
A company with its affiliated accounting units or a State corporation operating in the
form of having no subsidiary companies must prepare its consolidated financial statements in
accordance with the provisions in Circular providing guidelines for applying the Accounting
Standard No.25 “Consolidated financial statements and accounting for investments in
susidiary companies”.
The mid-year financial statement system (quarterly financial statements) shall be
applied to State enterprises, listed enterprises and other enterprises which voluntarily
prepare their mid-year financial statements.
3- The business financial statement system
The financial statement system shall include annual financial statements and mid-year
financial statements.
3.1. Annual financial statements
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The annual financial statements shall include:
- Balance sheet Form No. B 01 -

DN
- Income statement Form No. B 02 -
DN
- Cash flow statement Form No. B 03 -
DN
- Notes to financial statements Form No. B 09 -
DN
3.2. Mid-year Financial Statements
The mid-year financial statements shall include the mid-year financial

statements in full form and in summary form.
(1) The mid-year financial statements in full form shall include:
- Mid-year balance sheet (in full form): Form No. B 01a –

DN;
- Mid-year income statement
(in full fiorm): Form No. B 02a –
DN;
- Mid-year cash flow statement (in full form): Form No. B 03a –
DN;
- Selective notes to the financial statements: Form No. B 09a –
DN.
(2) The mid-year financial statements in summary form shall include:
- Mid-year balance sheet (in summary form): Form No. B 01b –

DN;
- Mid-year income statement
(in summary form): Form No. B 02b –
DN;
- Mid-year cash flow statement (in summary form): Form No. B 03b –
DN;
- Selective notes to the financial statements: Form No. B 09a –
DN.
4- Responsibilities for preparation and presentation of financial

statements
(1) All enterprises in all industries and economic sectors shall be required to prepare
and present their annual financial statements.
Companies and corporations with affiliated accounting units shall, apart from
preparation of their annual financial statements, be required to prepare their general financial
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statements or consolidated financial statements at the closing of the accounting period,
based on financial statements of their affiliated accounting units.
(2) State enterprises or listed enterprises shall still be required to prepare their mid-
year finacial statements in full form.
Other enterprises which voluntarily prepare their mid-year finacial statements shall be
permitted to select the full form or the summary form.
State corporations and State enterprises with affiliated accounting units shall still be
required to prepare their mid-year general financial statements or consolidated financial
statements (*).
(3) Parent companies and groups shall be required to prepare their mid-year consolidated
financial statements (*) and their consolidated financial statements at the closing of the
accounting year in accordance with the provisions in Government Decree No.129/2004/NĐ-CP
dated 31 May 2004. In addition, they shall still be required to prepare consolidated financial
statements after they have consolidated their business as regulated in the Accounting Standard
No.11 “Business consolidation”.
((*) The preparation of mid-year consolidated financial statements shall be made as from
2008)
5- Requirements for preparation and presentation of financial statements
The preparation and presentation of financial satements must comply with the
requirements specified in the Accounting Standard No.21 – Presentation of financial
statements. A fair presentation of financial statements requires:
- presenting information in a true and fair manner;
- selecting and applying accounting policies in accordance with the provisions of each
Accounting Standard in order to ensure that the financial statements provide
information that is relevant to the decision-making needs of users and reliable. To
achieve a fair presentation, financial statements must:
+ represent fairly the results and financial position of the enterprise;
+ reflect the economic substance of events and transactions and not merely the legal
form;
+ be neutral, that is free from bias;
+ be prudent;
+ be complete in all material respects.
The presentation of financial statements must be based on data existing after the
accounting books are closed. Financial statements must consist of full items, be prepared
methodically and presented consistently between accounting periods. Financial statements
13
must be signed by the person preparing them, the chief accountant and the legal
representative of the enterprise, and stamped with the enterprise’s seal.
6- Principles of preparation and presentation of financial statements

The preparation and presentation of financial statements must comply with six (06)
principles stipulated in the Accounting Standard No.21 – “Presenatation of financial
statements”: going concerns, accrual basis of accounting, consistency of presentation,
materiality and aggregation, offsetting and comparative information.
Notes to the financial statements must be based on requirements for presenting

information as stipulated in Accounting Standards. Material information must be explained to
help readers understand properly the finacial position of the enterprise.
7- Periods for preparation of financial statements
7.1 Period for preparation of annual financial statements
Enterprises are required to prepare financial statements for the accounting year which
is the calendar year or an accounting year with 12 full months after they notify such a year to
the tax body. In the special case, enterprises are permitted to change the closing date of an
accounting year, as a result, financial statements prepared for the first accounting year or the
last accounting year may be shorter or longer than 12 monts, but shall not be permitted to
exceed 15 months.
7.2 Period for preparation of mid-year financial statements
The period for preparation of mid-year financial statements shall be each

quarter of the financial year (not including Quarter IV).
7.3 Other periods for preparation of financial statements
Enterprises may prepare their financial statements for other accounting periods (such
as week, month, 6 months, 9 months,...) as required by law, by the parent company or the
owner.
An enterprise which is subject to a division, demerger, consolidation, meger,
conversion of ownership form, dissolution, termination of operation or bankruptcy must
prepare financial statements at the time when such an event occurs.
8. Time limit for submission of financial statements
8.1. With respect to State enterprises
a) Time limit for submission of quarterly financial statements:
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- An enterprise shall be required to submit its quarterly financial statements no later than
20 days from the date of closing the quarterly accounting period; with respect to a State
corporation, the above time limit shall be no later than 45 days;
- An affiliated accounting unit of a State corporation shall submit its quarterly

financial statements to the corporation within the time limit regulated by the corporation.
b) Time limit for submission of the annual financial statements:

- An enterprise shall be required to submit its annual financial statements no later than
30 days from the date of closing the accounting year; with respect to a State corporation, the
above time limit shall be no later than 90 days;
- An affiliated accounting unit of a State corporation shall submit its annual financial
statements to the corporation within the time limit regulated by the corporation.
8.2. With respect to other enterprises
a) An accounting unit being a private enterprise or a partnership firm must submit its
annual financial statements no later than 30 days from the date of closing the accounting
year; with respect to other accounting units , the above time limit shall be no later than 90
days;
b) An affiliated accounting unit shall submit its annual financial statements to its superior
accounting unit within the time limit regulated by the superior accounting unit.
9. Place where financial statements are received
Place where financial statements are received

TYPES OF ENTERPRISE Periods for Financial Tax body Statistical Superior Business
(4) preparation body (2) body enterprise registration
of financial (3) body
statements
1. State enterprises Quarter, x x x x x
Year (1)
2. Enterprises with Year x x x x x
foreign invested capital
3. Other types of Year x x x x
enterprise
(1) State enterprises located in a province or city under central authority shall be
required to prepare and submit their financial statements to the Finance Department of such
province of city. Central State enterprises shall also submit their financial statements to the
Ministry of Finance (the Business Finance Department).
- State enterprises such as commercial banks, lottery companies, credit institutions,
insurance companies, securities trading companies must submit their financial statements to
the Ministry of Finance (the Banking Finance Department). In particular, Securities Trading
Companies shall also submit their financial statements to the State Securities Commission.
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(2) Enterprises shall be required to submit their financial statements to local tax
bodies directly managing them. State corporations shall also submit their financial statements
to the Ministry of Finance (the General Department of Taxation).
(3) State enterprises which have the superior accounting unit must submit their
financial statements to such a superior accounting unit. Other enterprises which have the
superior accounting unit must submit their financial statements to such a superior accounting
unit in accordance with the regulations of the superior accounting unit.
(4) Enterprises whose financial statements are required by law to be audited shall
have their financial statements audited before such statements are submitted as regulated.
Audited financial statements of enterprises must be enclosed with audit reports when they
are submitted to State administration bodies and their superior enterprises.
B. Consolidated financial statements and general financial statements
1. Consolidated financial statements
A parent company or a group shall be responsible for preparing consolidated financial

statements to consolidate and present the overall conditions regarding its assets, liabilities,
owners’ equity at the time of preparation of financial statements; and its performance and
operating results in the reporting period.
The consolidated financial statement system shall include 4 reporting forms:
- Consolidated balance sheet Form No. B 01 – DN/HN

- Consolidated income statement Form No. B 02 – DN/HN
- Consolidated cash flow statement Form No. B 03 – DN/HN
- Consolidated notes to the financial statements Form No. B 09 – DN/HN
The contents and form of, the method of calculation in, and the time limit for
preparation, submission and disclosure of consolidated financial statements shall be carried
out in accordance with the provisions in Circular providing guidelines on the Accounting
Standard No.21 “Presentation of Financial statements” and the Accounting Standard No.25
“Consoliadted financial sattements and accounting for investments in subsidiary companies”,
and with Circualr providing guidelines on the Accounting Standard No.11 “Business
consolidation”.
2. General financial statements
An enterprise which has affiliated accounting units or a State corporation

established and operating in the form of having no subsidiary companies must
prepare its general financial statements to combine and present the overall conditions
regarding its assets, liabilities and owners’ equity at the time of preparation of financial
statements, and its performance and operating results in the operating period of the whole
enterprise or State corporation.
The general finacial statement system shall include 4 reporting forms:
- General balance sheet Form No. B 01-DN

- General income statement Form No. B 02-DN
- General cash flow statement Form No. B 03-DN
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- General notes to the financial statements Mẫu số B 09-DN
The contents and form of, and the time limit for preparation, submission and disclosure
of general financial statements shall be carried out in accordance with the provisions in
Circular providing guidelines on the Accounting Standard No.21 “Presentation of Financial
statements” and the Accounting Standard No.25 “Consoliadted financial sattements and
accounting for investments in subsidiary companies”.
A parent company or a group which has to prepare both general financial statements
and consolidated financial statements shall prepare its general financial statements first (the
preparation of general financial statement is based on types of operation: production and
trading, investment in capital construction, or non-business activities) and then prepare its
consolidated financial statements. While preparing general financial statements for its
production and trading units, the parent company or group may have had to implement the
provisions on consolidation of financial statements. Units which have to prepare both general
financial statements and consolidated financial statements must comply with the provisions
on preparation of general financial statements and consolidated financial statements.
II/ LIST AND FORMS OF FINANCIAL STATEMENTS
A. The list and forms of annual financial statements shall include:
- Balance sheet Form No. B 01 – DN

- Inconme statement Form No. B 02 – DN
- Cash flow statement Form No. B 03 - DN
- Notes to the financial statements Form No. B 09 – DN
1. Balance sheet
Company:……………….... Form No. B 01 – DN

Address:…………………………. (issued together with Decision No.15/2006/QD-BTC
dated 20 March 2006 of the Minister of Finance)
BALANCE SHEET
as at the date ...(1)
Unit:.............
Figures Figures
Code Expla- at the at the
ASSETS nation closing opening
of the of the
year (3) year
(3)
1 2 3 4 5
A– SHORT-TERM ASSETS (100=110+120+130+140+150) 100
I. Cash and cash equivalents 110
1. Cash 111 V.01
2. Cash equivalents 112
II. Short-term financial investments 120 V.02
1. Short-term investments 121
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2. Provisions for reduction in prices of short-term 129 (…) (…)
investments (*) (2)
III. Short-term receivables 130
1. Receivable from customers 131
2. Preapaid to sellers 132
3. Short-term internal receivables 133
4. Receivables from completed work under a construction 134
contract
5. Other receivables 135 V.03
6. Provisions for short-term receivables that are hard- 139 (…) (…)
recovered (*)
IV. Inventory 140
1. Inventory 141 V.04
2. Provisions for reduction in prices of inventory (*) 149 (…) (…)
V. Other short-term assets 150
1. Short-term prepaid expenses 151
2. Deductible VAT 152
3. Taxes and other charges that must be collected for the 154 V.05
State budget
1 2 3 4 5
5. Other short-term assets 158
B – LONG-TERM ASSETS (200 = 210 + 220 + 240 + 250 + 200
260)
I- Long-term receivables 210
1. Long-term receivables from customers 211
2. Business capital in affiliated units 212
3. Long-term internal receivables 213 V.06
4. Other long-term receivables 218 V.07
5. Provisions for long-term receivables that are hard- 219 (...) (...)
recovered (*)
II. Fixed assets 220
1. Tangible fixed assets 221 V.08
- Historical cost 222
- Accumulated value of wear and tear (*) 223 (…) (…)
2. Financially-leased fixed assets 224 V.09
3. Intangible fixed assets 227 V.10
4. Costs of capital construction in progress 230 V.11
III. Invested property 240 V.12
IV. Long-term financial investments 250
1. Investments in susidiary companies 251
2. Investments in associated or joint venture companies 252
3. Other long-term investments 258 V.13
4. Provisions for reduction in prices of long-term financial 259 (…) (…)
investments (*)
V. Other long-term assets 260
1. Long-term prepaid expenses 261 V.14
18
2. Assets on which income tax is postponed 262 V.21
3. Other long-term assets 268
TOTAL ASSETS (270 = 100 + 200) 270
SOURCE OF CAPITAL
A. LIABILITIES (300 = 310 + 330) 300
I. Short-term liabilities 310
1. Short-term borrowings and liabilities 311 V.15
2. Payable to sellers 312
3. Prepaid by purchasers 313
4. Taxes and charges payable to the State 314 V.16
5. Payable to employes 315
6. Costs payable 316 V.17
7. Internal payables 317
8. Payable for completed work under a construction 318
contract
9. Other short-term payables 319 V.18
10. Provisions for short-term payables 320
II. Long-term liabilities 330
1. Long-term payables to sellers 331
2. Long-term internal payables 332 V.19
3. Other long-term payables 333
4. Long-term borrowings and liabilities 334 V.20
1 2 3 4 5
5. Postponed income tax payable 335 V.21
6. Provisions for loss-of-employment allowances 336
7.Provisions for long-term payables 337
B – OWNERS’ EQUITY (400 = 410 + 430) 400

I. Owners’ equity 410 V.22
1. Owners’ invested capital 411
2. Surplus of shareholders’ equity 412
3. Owners’ other capital 413
4. Fund’s shares (*) 414 (...) (...)
5. Difference in property revaluation 415
6. Foreign exchange differences 416
7. Investment and development fund 417
8. Financial contingency fund 418
9. Other funds founded from owners’ equity 419
10. Undistributed net profits 420
11. Source of capital invested in capital construction 421
II. Other funds and source of budget 430
1. Reward fund, welfare fund 431
2. Source of budget 432 V.23
3. Source of budget forming fixed assets 433
TOTAL OF SOURCE OF CAPITAL (440 = 300 + 400) 440
OFF BALANCE SHEET ITEMS
19
ITEMS Explanation Figures at Figures at
the closing the opening
of the year of the year
(3) (3)
1. Hired assets 24
2. Materials or goods held on behalf of other entities, or
received for processing
3. Goods received for sale on behalf of other entities, or
taken as goods on consignment or mortgages
4. Bad debts written off
5. Foreign currencies
6. Estimate for administrative or project costs
Prepared on the date............
Prepared by Chief accountant Director

(Signature, full name) (Signature, full name) (Signature, full name, seal)
Notes:
(1) Figures may not be inserted into items where data are not available, but the ordinal
number of items and “code” still remain unchanged.
(2) Figures in items with the sign (*) are recorded in negative numbers within the bracket
(...).
(3) With respect to an enterprise whose accounting year is a calendar year (X), the
“figures at the closing of the year”may be recorded as “31.12.X“; the “figures at the
opening of the year” may be recorded as “01.01.X“.
2. Income statement
Company: ................. Form No. B 02 – DN
Address:…………............... (issued together with Decision No.15/2006/QD-BTC
INCOME STATEMENT
Year ………
Unit:............
Code Explanation This year Previous
ITEMS year
1 2 3 4 5
1. Revenue from sale of goods and provision 01 VI.25
of services
2. Reductions in revenue 02
3. Net revenue from sale of goods and 10
provision of services (10 = 01 - 02)
4. Historical cost of goods sold 11 VI.27
5. Gross profits from sale of goods and 20
provision of services (20 = 10 - 11)
20
6. Revenue from financial operation 21 VI.26
7. Financial expenses 22 VI.28
- of which: loan interest expenses 23
8. Expenses for sale 24
9. Business management expenses 25
10 Net profits from business activities 30
{30 = 20 + (21 - 22) - (24 + 25)}
11. Other incomes 31
12. Other expenses 32
13. Other profits (40 = 31 - 32) 40
14. Total of pre-tax profits 50
(50 = 30 + 40)
15. Current BIT expenses 51 VI.30
16. BIT expenses postponed 52 VI.30
17. After-BIT profits 60
(60 = 50 – 51 - 52)
18. Basic interest on shares (*) 70
Prepared on the date..........

Notes: (*) Thie item shall be applied only to shareholding companies.
3. Cash flow statement
Company:...................... Form No. B 03 – DN

Address:…………................. (issued together with Decision No.15/2006/QD-BTC
dated 20 March of the Moinister of Finance )
CASH FLOW STATEMENT

(under the direct method ) (*)
Year.
Unit: ...........
Items Code Explanation This Previous
year year
1 2 3 4 5
I. Cash flow from business activities
1. Revenue from sale of goods and provision of services and 01
other revenues
2. Payments to providers of goods and services 02
3. Payments to employes 03
4. Loan interest payments 04
5. BIT payments 05
6. Other revenues from business activities 06
7. Other payments for business activities 07
Net cash flow from business activities 20
II. Cash flow from investment activities

1.Payments for procurement and formation of fixed assets 21
and other long-term assets
21
2.Revenue from disposal or sale of fixed assets and other 22
long-term assets
3.Payments for borrowing or purchase of debt instruments 23
from other entity
4.Receipts from lending or re-sale of debt instruments to 24
other entity
5.Payments for investment in or capital contribution to other 25
entity
6.Receipts from investment in or capital contribution to other 26
entities
7.Receipts from loan interest, dividends and distributed 27
profits
Net cash flow from investment activities 30
III. Cash flow from financial operation

1.Revenue from issuance of shares, or from receipt of capital 31
contributed by owners
2.Payments for capital contributed by owners, or for 32
repurchase of issued shares of the enterprise
3.Short-term or long-term loans received 33
4.Payments for principal of loans 34
5.Payment for finance lease liabilities 35
6. Dividends or profits paid to owners 36
Net cash flow from financial operation 40
Net cash flow in the period (50 = 20+30+40) 50
Cash and cash equivalents at the opening of the period 60
Effects of changes in exchange rate on conversion of foreign 61
currencies
Cash ans cash equivalents at the closing of the period 70 VII.34
(70 = 50+60+61)
Lập, ngày ... tháng ... năm ...

Notes: Figures may not be inserted into items where data are not available, but the ordinal
Company:................... Form No. B 03 – DN

Address:……................ (issued together with Decision No.15/2006/QD-BTC
CASH FLOW STATEMENT

(under the indirect method) (*)
Year …..
Unit: ...........
Items Code Explanation This year Previous
year
1 2 3 4 5
1. Pre-tax profits 01
22
2. Adjustment in items
- Amortization of fixed assets 02
- Provisions 03
- Unrealized foreign exchange gains or losses 04
- Gains or losses from investment activities 05
- Loan interest expenses 06
3. Profits from business activities prior to 08
changes in current capital
- Increase or decrease in accounts payable 09
- Increase or decrease in inventory 10
- Increase or decrease in accounts payable 11
(exclusive of loan interest expenses payable,
BIT payable)
- Increase or decrease in prepaid expenses 12
- Loan interest expenses already paid 13
- BIT already paid 14
- Other receivables from business activities 15
- Other payments for business activities 16
Net cash flow from business activities 20
II. Cash flow from investment activities

1.Payments for procurement and formation of fixed 21
assets and other long-term assets
2.Revenue from disposal or sale of fixed assets 22
and other long-term assets
3.Payments for borrowing or purchase of debt 23
instruments from other entity
4.Revenue from lending or re-sale of debt 24
instruments to other entity
5.Payments for investment in or capital contribution 25
to other entity
6.Revenue from investment in or capital 26
contribution to other entity
7.Revenue from loan interest, dividends and 27
distributed profits
Net cash flow from investment activities 30
III. Cash flow from financial operations
1.Revenue from issuance of shares, or from receipt 31
of capital contributed by owners
2.Payments for capital contributed by owners, or 32
for re-purchase of issued shares of the
ernterprise
3.Short-term or long-term loans received 33
4.Payments for principal of loans 34
5.Payments for finance lease liabilities 35
6. Dividends or profits paid to owners 36
Net cash flow from financial operations 40
Net cash flow in the period (50 = 20+30+40) 50
Cash and cash equivalents at the opening of 60
the period
Effect of changes in exchange rates on conversion 61
of foreign currencies
Cash and cash equivalents at the closing of the 70 31
period (70 = 50+60+61)
23
Prepared on the date..........

Notes: Figures may not be inserted into items where data are not available, but the ordinal
4. Notes to the financial statements
Company:............................ Form No. B 09 – DN

Address:..................................... (issed together with Decision No.15/2006/QD-BTC
NOTES TO THE FINANCIAL STATEMENTS

Year ....(1)
I- Operational characteristics of the enterprise

1- Form of capital ownership
2- Business sector
3- Line of business
4- Operational characteristics of the enterprise in the financial year, which affect the financial
statements.
II- Accounting period, monetary unit used in accounting

1- accounting year (commencing from ..../..../.... and closing on ..../..../...).
2- Monetary unit used in accounting.
III- Applicable accounting standards and system

1- Applicable accounting system
2- Proclamation of compliance with the accounting standards and system
3- Applicable accounting form
IV- Applicable accounting policies

1- Principle of recognition of amounts of cash and cash equivalents .
Method of converting other currencies into the currency used in accounting.
2- Principle of recognition of inventory:

- Principle of recognition of inventory;
- Method of calculating value of inventory;
- Method of accounting for incventory;
- Method of making provisions for reduction in prices of inventory.
3- Principle of recognition and amortization of fixed assets and invested property:

- Principle of recognition of fixed assets (tangible, intangible, finance lease);
- Method of amortization of fixed assets (tangible, intangible, finance lease).
4- Principle of recognition and amortization of invested property

- Principle of recognition of invested property;
- Principle of amortization of invested property.
24
5- Principle of recognition of financial investments:
- Investments in subsidiary companies or associated companies; capital contributed to jointly-
controlled business establishments;
- Short-term investments in securities;
- Other short-term or long-term investments;
- Method of making provisions for reduction in prices of short-term or long-term investments.
6- Principle of recognition and capitalization of borrowed expenses:

- Principle of recognition of borrowed expenses;
- Capitalization rate used to determine borrowed expenses which are capitalized in the period;
7- Principle of recognition and capitalization of other expenses:

- Prepaid expenses;
- Other expenses;
- Method of allocating prepaid exepnses;
- Method of and period for allocating the goodwill.
8- Principle of recognition of expenses payable.
9- Principle and method of recognizing provisions payable.
10- Principle of recognition of owners’ equity:

- Principle of recognizing owners’ invested capital, suplus of shareholders’s equity, and owners’
other capital.
- Principle of recognizing difference in property revaluation.
- Principle of recognizing foreign exchange differences.
- Principle of recognizing undistributed profits.
11- Principle and method of recognition of revenue:

- Revenue from sale of goods;
- Revenue from provision of services;
- Revenue from financial operations;
- Revenue from construction contracts.
12. Principle and method of recognition of financial expenses.
13. Principle and method of recognition of current BIT, and BIT expenses postponed.
14- Transactions of provision for foreign exchange risks.
15- Other accounting principles and methods.
V- Information added to items presented in the balance sheet

(Unit:......)
01- Cash At the closing At the
of the year opening of
the year
- Cash ... ...
- Deposit ... ...
- cash in transit ... ...
Total ... ...
02- Short-term financial investments: At the closing At the
- Short-term securities investments of the year opening of
- Other short-term investments ... the year
25
- Provisions for reduction in prices of short-term investments ... ...
... ...
...
Total ... ...

03- Other short-term receivables At the closing At the
the year
- Receivables from equitization ... ...
- Receivables from dividends and distributed profits ... ...
- Receivables employees ... ...
- Other receivables ... ...
Total ... ...
04- Inventory At the closing At the

the year
- Purchased goods in transit ... ...
- Raw materials, materials ... ...
- Tools, instruments ... ...
- Expenses of production and busness in progress ... ...
- Finished products ... ...
- Goods ... ...
- Goods on consignment ... ...
- Goods in bonded warehouses ... ...
- Property ... ...
Total of historical cost of inventory ... ...
* Net book value of inventory used as mortgages or collateral, or for guarantee of

liabilities:……....
* Recovered value of contingency reserves for reduction in prices of inventory in the
year:.…...
* Cases or events resulting in additionally advancing or recovering contingency
reserves for reduction in prices of inventory:….
05- Taxes and charges that must be collected for the State At the closing At the
the year
- BIT paid excessively ... ...
- ………………… ... ...
- Other charges that must be collected for the State : ... ...
Total ... ...
06- Long-term internal receivables
- Long-term internal loans ... ...
-... ... ...
- Other long-term internal receivables ... ...
Total … …
07- Other long-term receivables At the closing At the
the year
- Long-term deposits or collateral ... ...
- Sums received in trust ... ...
- Loans without interest ... ...
- Other long-term receivables ... ...
26
Total … …
08 – Increase or decrease in tangible fixed assets:
Buildings, Machinery Means of Other

Items architectural , transport or ... tangible Total
structures equipment transmission fixed
assets
Historical cost of tangible
fixed assets
Balance at the opening of the
year
- Purchased in the year
- Investments in completed
capital construction
- Other increases (...) (...) (...) (...) (...) (...)
- Converted into invested (...) (...) (...) (...) (...) (...)
property (...) (...) (...) (...) (...) (...)
- Disposed of, sold
- Other decreases
Số dư cuối năm
Accumulated value of
wear and tear
year
- Amortization in the year
- Other increases
- Converted into invested (...) (...) (...) (...) (...) (...)
property (...) (...) (...) (...) (...) (...)
- Disposed of, sold (...) (...) (...) (...) (...) (...)
- Other decreases
Balance at the closing of the
year
Net book value of tangible
fixed assets
- As at the opening date of the
year
- As at the closing date of the
year
- Net book value at the closing date of the year of tangible fixed assets which have been used as
mortgages or collateral, or for guarantee of loans
- Historical cost of fixed assets at the closing of the year, which have been depreciated completely
but still used:
- Historical cost of fixed assets at the colosing of the year, which are awating disposal:
- Commitments to purchase or sale of tangible fixed assets with large value in the future:
- Other changes in tangible fixed assets:
09- Increase or decrease in financially-leased fixed assets :

Buildings, Machinery Means of Other Intangible
Items architectural , transport or ... tangible fixed Total
structures equipment transmission fixed assets
assets
Historical cost of
27
financially-leased
fixed assets
Blance at the
opening of the year
- Financially-leased
fixed assets in the
year
- Repurchase of
financially-leased (...) (...) (...) (...) (...) (...) (...)
finxed assets
- Other increases (...) (...) (...) (...) (...) (...) (...)
- Return of
financially-leased
fixed assets
- Other decreases
Balance at the
closing of the year
Accumulated
value of wear and
tear
Balance at the
opening of the year
- Amortization of
fixed assets in the
year
- Repurchase of
financially-leased (...) (...) (...) (...) (...) (...) (...)
fixed assets
- Other increases (...) (...) (...) (...) (...) (...) (...)
- Return of
financially-leased
fixed assets
- Other decreases
Blance at the
closing of the year
Net book value of
financially-leased
fixed assets
- As at the opening
date of teh year
- As at the closing
date of the year
* Additionally-arising rents which are recognized as expenses of the year

* Bases for determination of additionally-arising rents:
* Articles regarding extension of the lease, or the right to purchase assets:
10- Increase or decrease in intangible fixed assets:
Land use Distribution Copyright, Other Total

Items right right patent ... intangible
fixed
assets
Historical cost of intangible
28
fixed assets
year
- Purchased in the year
- Created from inside the
enterprise
- Increased from business
consolidation
- Other increases
- Disposed of, sold (…) (…) (…) (…) (…) (…)
- Other decreases (…) (…) (…) (…) (…) (…)
year
Accumulated value of
wear and tear
year
- Amortized in the year
- Other increases
- Disposed of, sold (…) (…) (…) (…) (…) (…)
- Other decreases (…) (…) (…) (…) (…) (…)
year
Net book value of
intangible fixed assets
- As at the opening date of
the year
- As at the closing date of the
year
* Explanation of data and other explanations:

-
-
11- Expenses of capital construction in progress: At the At the opening
closing of of the year
the year
- Total expenses of capital construction in progress: ... ...
Of wich (major construction works):
+ Construction works………….. ... ...
+ Construction works ………….. ... ...
+…………………….… ... ...
12- Increase or decrease in invested property:
Figures at Increased in Decreased in Figures at
Items the the year the year the closing
opening of the year
of the
year
Historical cost of invested
property
- Land use right
- Buildings
- Buildings and land use right
- Infrastructure
29
Accumulated value of wear and
tear
- Land use right
- Buildings
- Infrastructure
Net book value of invested
property
- Land use right
- Buildings
- Infrastructure
* Explanation of data and other explanations:

-
-..............
13- Other long-term investments: At the At the

- Investments in shares closing of opening of
- Investments in bonds the year the year
- Investments in bills of exchange, treasury bonds ... ...
- Long-term loans ... ...
- Other long-term loans ... ...
... ...
Total ... ...
14- Long-term prepaid expenses At the At the
closing of opening of
the year the year
- Expenses prepaid for operational lease of fixed assets ... ...
- Expenses for establishment of the enterprise ... ...
- Expenses for reseach of great significance ... ...
- Expenses in the stage of initiating the project, unqualified to be ... ...
recognised as intangible fixed assets ... ...
- ...
Total ... ...
15- Short-term loans and liabilities At the At the
the year the year
- Short-term loans ... ...
- Long-term liabilities falling due ... ...
Total ... ...

16- Taxes and charges payable to the State At the At the
the year the year
- VAT ... ...
- Special Sales Tax (SST) ... ...
- Export/import duties ... ...
- Business Income Tax (BIT) ... ...
- Personal Income Tax (PIT) ... ...
- Natural Resources Tax ... ...
- Housing and land tax, and land rental ... ...
- Other taxes ... ...
30
- Fees, charges and other payables ... ...
Total ... ...
17- Expenses payable At the At the
the year the year
- Advances on salary during the period of taking leave ... ...
- Expenses for major repair to fixed assets ... ...
- Expenses during the period of cessation of business activities ... ...
-…
Total ... ...
18- Other short-term payables At the At the
the year the year
- Surplus assets awaiting handling ... ...
- Labour union budget ... ...
- Social insurance ... ...
- Medical insurance ... ...
- Payables regarding equitization ... ...
- Receipt of short-term deposits or collateral ... ...
- Unrealized revenue ... ...
- Other payables ... ...
Total ... ...
19- Long-term internal payables At the At the
the year the year
- Long-term internal loans ... ...
-...
- Other long-term internal payables ... ...
Total ... ...
20- Long-term loans and liabilities At the At the
the year the year
a – Long-term loans
- Bank loans ... ...
- Loans from other lenders ... ...
- Issued bonds
b – Long-term liabilities ... ...
- Financially leased liabilities ... ...
- Other long-term liabilities ... ...
Total ... ...
c- Financially leased liabilities
This year Previous year

Term Total amount Payment of Payment Total amount Payment Payment
of payments interest on of of payments of interest of principal
for financially financially principal for financially on of
leased leased of leased financially financially
liabilities liabilities financially liabilities leased leased
leased liabilities liabilities
liabilities
From 1 tear
or less
Over 1 year
31
to 5 years
Over 5
years
21- Assets on which income tax is postponed, and the postponed income tax payable
a- Assets on which income tax is postponed:
At the At the
closing of opening
the year of the
year
- Assets on which the postponed income tax is related to the … …
difference which is temporarily non-taxable.
taxable loss, which have not yet been used
taxable preferential project, which have not yet been used
- Assets on which the income tax is posponed, and of which … …
recovery has been recognized from previous years
Assets on which the income tax is postponed … …
b- Postponed income tax payable Cuối năm Đầu năm

- Postponed income tax payable, which arises from differences … …
temporarily taxable.
- Postponed income tax payable, of which recovery has been … …
recognized from previous years
- Postponed income tax payable … …
22- Owners’ equity
a- Table of collation of fluctuations in owners’ equity
Owners’ Surplus of Owners’ Fund Differenece in Foreign Source of

investment share- other shares revaluation of exchnage funds for
capital holders’ capital assets differences ... capital Total
equity construction
A 1 2 3 4 5 6 7 8 9
Balance at the
opening of the
previous year
- Increase in capital
in the previous
year
- Profits in the
previous year
- Other increases
- Decrease in
capital in previous
year
- Loss in previous
year
- Other decreases
Balance at the
closing of the
32
previous year /
Balance at the
opening of this
year
- Increase in capital
in this year
- Profits in this year
- Other increases
- Decrease in
capital in this year
- Loss in this year
- Other decreases
Balnace at the
closing of this
year
b- Details of owners’ investment capital At the At the

the year the year
- Capital contributed by the State ... ...
- Capital contributed by other entities ... ...
- ...
Total ... ...
* Value of bonds converted into shares in the year
* Amount of fund shares :
c- Capital transactions with owners, and distribution of dividends or This year Previous
profits year
- Owners’ investment capital ... ...
+ Contributed capital at the opening of the year ... ...
+ Contributed capital increased in the year ... ...
+ Contributed capital decreased in the year ... ...
+ Contributed capital at the closing of the year ... ...
- Dividends or profits distributed ... ...
d- Dividends
- Dividends published after the date of closing the accounting year:
+ Dividend published for ordinary shares:.................
+ Dividend published for preference shares:..................
- Preference shares’ accumulated dividends which have not been recognised:.......
đ- Shares At the At the

the year the year
- Number of shares registered for issuance ... ...
- Number of shares sold to the public ... ...
+ Ordinarty shares ... ...
+ Preference shares ... ...
- Number of shares repurchased ... ...
+ Ordinary shares ... ...
- Number of shares in circulation ... ...
+ Ordinary shares ... ...
33
... ...
* Par value of shares in circulation :..............................
e- Enterprise’s funds:
- Investment and development fund
- Financial contingency fund
- Other funds founded from owners’ equity
* Objectives of establishment and use of the enterprise’s funds
g- Revenues and expenses, gains or losses are directly recorded in owners’ equity in accordance
with provisions of the specific accounting standards.
-
-
23- Budget This year Previous
year
- Budget granted in the year ... ...
- Administrative expenditure (...) (...)
- Remaining budget at the closing of the year ... ...
24- Hired assets At the At the

the year the year
(1)- Value of hired assets
- Hired fixed assets ... ...
- Other hired assets ... ...
(2)- Total of minimum future rents stated in the irrevocable contract
for operational lease of assets
- From 1 year or less ... ...
- Over 1 year to 5 years ... ...
- Over 5 years ... ...
VI- Information added to items represented in the income statement
(Unit:.............)
Thie year Previous
year
25- Total turnover from sale of goods and provision of services ... ...
(Code 01)
Of which: ... ...
- Turnover from sale of goods ... ...
- Turnover from provision of services
- Turnover of contruction contracts (for enterprises carrying out
construction and installation activities)
+ Construction contracts’ turnover recorded in the period; ... ...
+ Construction contracts’ accumulated turnover recorded as at
the time of preparation of the financial statements; ... ...
26- Turnover reductions (Code 02) ... ...
Of which:
- Trade discount ... ...
- Reductions in prices of goods sold ... ...
- Returned sales ... ...
- VAT payable (method of direct calculation on value added) ... ...
- Special sales tax (SST) ... ...
- Export duty ... ...
34
27- Net revenue from sale of goods and provision of services
(Code 10)
Of which: ... ...
- Net revenue from exchange of products or goods ... ...
- Net revenue from exchange of services
28- Historical cost of goods sold (Code 11) This year Previous
year
- Historical cost of goods sold ... ...
- Historical cost of finished products sold ... ...
- Historical cost of services provided ... ...
- Remaining value, and sale or disposal expenses of invested ... ...
properties which have been sold ... ...
- Trade expenses of invested properties ... ...
- Wear and tear or loss of inventory (...) (...)
- Items of excessive expenses ... ...
- Provisions for reduction in prices of inventory ... ...
Total ... ...
29- Turnover from financial operations (Code 21) This year Previous
year
- Interest on deposits or loans ... ...
-Return on investment in bonds, treasury bonds or bills ... ...
- Dividends or ptofits distributed ... ...
- Gains from sale of foreign currency ... ...
- Realized foreign exchange gains ... ...
- Unrealized foreign exchange gains ... ...
- Gains from sale of deferred payment goods ... ...
- Turnover from other finacial operations ... ...
Total ... ...
30- Financial expenses (Code 22) This year Previous

year
- Interest on loans ... ...
- Payment discount, gains from sale of deferred payment goods ... ...
- Loss from disposal of short-term or long-term investments ... ...
- Loss from sale of foreign currency ... ...
- Realised foreign exchange losses ... ...
- Unrealised foreign exchange losses ... ...
- Provisions for reduction in prices of short-term or long-term ... ...
investments ... ...
- Other financial expenses
Total ... ...
31- Current BIT expenses (Code 51) This year Previous

year
- BIT expenses calculated on taxable income of the current year … …
- Inclusion of BIT expenses of previous years in current BIT … …
expenses of this year
- Total of current BIT expenses … …
32- Postponed BIT expenses (Code 52) This year Previous

year
- Postponed BIT expenses arising from differences temporarily … …
35
taxable
- Posponed BIT expenses arising from recovery of assets on … …
which income tax is posponed
- Postponed BIT income arising from differences temporarily (…) (…)
deducted
- Posponed BIT income arising from taxable losses and unused (…) (…)
tax preferences
- Postponed BIT income arising from recovery of postponed (…) (…)
income tax which is payable
- Total of postponed BIT expenses … …
33- Business or production expenses classified by items This year Previous

year
- Expenses for raw materials, materials ... ...
- Expenses for employees ... ...
- Cost of amortization of fixed assets ... ...
- Expenses for hired services ... ...
- Other expenses in cash ... ...
Total ... ...
VII- Information added to items represented in the cash flow statement

(Đơn vị tính:……………..)
34- Non-cash transactions affecting the cash flow statement and amounts of money held by the
enterprise but not used
Năm nay Năm trước

a- Purchase of assets by receipt of debts directly relevant, or
through finace lease transactions:
- Purchase of an enterprise through issuance ofshares: … …
- Conversion of debts into owners’equity: … …
b- Purchase and liquidation of a subsidiary company or another
business entity in the reporting period.
- Total value from the purchase or liquidation; … …
- Portion of value from the purchase or liquidation, which is … …
paid in cash or cash equivalents;
- Amount of money or cash equivalents which really exist in … …
the subsidiary company or another business entity which is
purchhased or liquidated; … …
- Portion of value of assets (aggregated according to each
type of asset) and liabilities which are not cash and cash
equivalents in the subsidiary company or another business
entity which is purchased or liquidated in the period.
c- Present the value of large amounts of money and cash
equivalents held by the enterprise, and the reason why they
have not been used - the law’s restrictions? or other binding
terms that the enterprise must comply with?
VIII- Other information
1- Potential debts, commitments, and other financial information: ………………………

2- Events arising after the closing date of the accounting year: …………………………………………..
3- Information on related parties: ………………………………………………………………………..
36
4- Present assets, turnover, business results according to sectors (business sector or geographical
sector) in accordance with the regulations of the Accounting Standard No.28 “Report on sectors”
(2):. ………………...…
5- Comparative information (changes in information in financial statements of previous accounting
years): ……………………………………………………………………………………………...
6- Information on going concerns: ……………………………………...……………………………….
7- Other information. (3) ......................................................................................................................
Prepared on the date ... ...

(Signature, full (Signature, full name) (Signature, full name, seal)
name)
Notes:
(1) Figures will not be inserted into items where data are not available, but the ordinal
(2) Only applicable to listed companies.
(3) Enterprises are permitted to further present other information which deem to be
necessary for users of financial statements.
B. List and forms of mid-year financial statements
(1)List of mid-year financial statements (in full form):
- Mid-year balance sheet (in full form): Form B 01a – DN;

- Mid-year income statement (in full form): Form B 02a – DN;
- Mid-year cash flow statement (in full form): Form B 03a – DN;
- Selective notes to the financial statements Form B 09a – DN;
(2) Forms of mid-year financial statements (in full form)
1- Mid-year balance sheet (in full form)

Company:……………….... Form B 01a – DN
Address:…………………………. (issued together with Decision No.15/2006/QĐ-BTC
dated 20 March 2006 of the Minister of Finance )
MID-YEAR BALANCE SHEET

(in full form)
Quarter.... Year ...
As at the date ....
Unit:.............
ASSETS Code Explanation Amount Amount at the
at the opening of the
closing year
of the
quarter
1 2 3 4 5
a – SHORT-TERM ASSETS 100
(100)=110+120+130+140+150
37
1.Cash 111
... (*)
Note:(*) Items and codes in this mid-year balance sheet are similar to those of the annual balance
sheeet – Form B01-DN.
Prepared on the date ....
2- Mid-year income statement (in full form)
Company: ................. Form B 02a – DN

Address:…………............... (issued together with Decision No.15/2006/QĐ-BTC
MID-YEAR INCOME STATEMENT

(in full form)
Quarter ...Year...
Unit:............
Accumulated from
Code Explana- Quarter ... the opening of the
ITEMS tion year to the closing
of this quarter
This Previous This Previous
year year year year
1 2 3 4 5 6 7
1. Turnover from sale of goods and
provision of services
... (*)
Notes: (*) Items and codes in this mid-year income statement are similar to those of the annual
income statement – Form B02 – DN.
Prepared on the date . ...
(Signature, full name) (Signature, full name) (Signature, full name,
seal)
3- Mid-year cash flow statement (in full form)

MID-YEAR CASH FLOW STATEMENT

(in full form)
(under the direct method)
Quarter ...Year….
Unit: ...........
Accumulated from the
Items Codes Explanation opening of the year to the
closing of this quarter
38
This year Previous
year
1 2 3 4 5
1. Revenue from sale of goods and provision 01
of services, and other revenues
2. Payments made to providers of goods and 02
services
…(*)
Notes:(*) Items and codes in this mid-year cash flow statement are similar to those of the annual
cash flow statement – Form B03 –DN
Prepared on the date . ...

MID-YEAR CASH FLOW STATEMENT

(in full form)
(under the indirect method)
Quarter ...Year …..
Unit: ...........
Items Accumulated from the
Codes Explanation opening of the year to the
Thie year Previous
year
1 2 3 4 5
1. Pretax profits 01
2. Adjustments to items
- Amortization of fixed assets 02
… (*)
Notes: (*) Items and codes in this mid-year cash flow statement are similar to those of the annual
cash flow statement – Form B03 – DN.
Prepared on the date .....

4- Selective notes to the financial statements
Company: ................ Form B 09a - DN

Address: .............................. (issued together with Decision No.15/2006/QĐ-BTC
39
SELECTIVE NOTES TO THE FINANCIAL STATEMENTS
Quarter ... Year ...
I. Operational characteristics of the enterprise

1. Form of equity ownership.
2. Field of business.
3. Line of business.
4. Characteristics of the enterprise’s business activities in the accounting period, which
affect the financial statements.
II. Accounting period, currency unit used in the accounting
1. The accounting year (commencing from the date .../.../... and ending on the date
.../.../...).
2. Currency unit used in the accounting.
III. Accounting standards and system applied
1. The applicable accounting system.
2. Proclamation of compliance with the accounting standards and system.
3. The applicable accounting form.
IV. Applicable accounting policies
The enterprise must proclaims that the mid-year finacial statements and the annual
financial statements of the most recent year are prepared based on the same accounting
policies. Where there is any change in the accounting policies, the entetrprise is required to
describe such a change and specify its impacts.
VI. Material events or transactions in the mid-year accounting period
1. Explain the seasonal or cyclical nature of business activities in the mid-year
accounting period.
2. Present the nature and value of items affecting assets, liabilities, sources of owners’
equity, net income, or cash flows seen as abnormal factor due to the nature, size or impact of
such items.
3. Present movements in sources of owners’ equity and the accumulated value
calculated as at the date of preparing the mid-year financial statements, and notes to the mid-
year financial statements comparable to those of the most recent accounting year.
4. Nature and value of changes in accounting estamates, which have been reported in
the previous mid-year financial statements of the current accounting year, or changes in
accounting estimates which wetre reported in previous accounting years, if these changes
have had a material impact on the current mid-year accounting period.
5. Present the issuance, repurchase and return of debt securities and equity securities.
6. Dividends already paid (based on total shares or on each share) to ordinary shares
and preference shares (applicable to shareholding companies).
7. Present turnover and income from business activities of divisions in lines of
business and geographical regions, based on reports of divisions (applicable to listed
companies).
40
8. Present material events arising after the date of closing the mid-year accounting
period, which have not been represented in the mid-year financial statements.
9. Present changes in potential debts or assets from the date of closing the nearest
accounting year.
10. Other information.
Prepared on the date ...

(Signature, full (Signature, full name) (Signature, full name, seal)
name)
(3) List of mid-year financial statements (in summary form)
- Mid-year balance sheet (in summary form): Form B 01b –DN

- Mid-year income statement (in summary form): Form B 02b – DN
- Mid-year cash flow statement (in summary form): Form B 03b – DN
- Selective notes to the financial statements Form B 09a – DN
(4) Forms of mid-year financial statements (in summary form)
1. Mid-year balance sheet (in summary form)
Company:……………….... Form B 01b– DN

Address:…………………………. (issued together with Decision No.15/2006/QĐ-BTC
MID-YEAR BALANCE SHEET

(in summary form)
Quarter... Year ...
As at the date ...
Unit:.............
Codes Explana- Figues at Figures at
ASSETS tion the the opening
closing of the year
of the
quarter
1 2 3 4 5
A – SHORT-TERM ASSETS (100=110+120+130+140+150)
100
II. Short-term financial investments 120
III. Short-term accounts receivable 130
IV. Inventory 140
V. Other short-term assets 150
B – LONG-TERM ASSETS (200 = 210 + 220 + 240 + 250 + 200
260)
I- Long-term accounts receivable 210
II. Fixed assets 220
41
III. invested properties 240
IV. Long-term financial investments 250
V. Other long-term assets 260
TOTAL ASSETS (270 = 100 + 200) 270
SOURCES OF EQUITY
A – LIABILITIES (300 = 310+ 330) 300
I. Short-term liabilities 310
II. Long-term liabilities 330
B – OWNERS’ EQUITY (400 = 410 + 430) 400

I. Owners’ equity 410
II. Other budgets and funds 430
TOTAL SOURCES OF EQUITY (440 = 300 + 400) 440
Prepared on the date…

(Signature, full name) (Signatur, full name ) (Signature, full name, seal)
2. Mid-year income statement (in summary form)
Company: ................. Form B 02b – DN

MID-YEAR INCOME STATEMENT

(in summary form)
Quarter ...Year ...
Unit:............
Accumulated from
Quarter.... the opening of the
ITEMS Codes Explana- year to the closing
tion of this quarter
This Previous This Previous
year year year year
1 2 3 4 5 6 7
1. Turnover from sale of goods and 01
provision of services
2. Turnover from financial 31
operations and other revenues
3. Pretax profits 50
4. After-BIT profits 60

Prepared Chief accountant Director
3. Mid-year cash flow statement (in summary form)
42
Company: ……………….. Mẫu số B 03b – DN
Address:………………………… (issued together with Decision No.15/2006/QĐ-BTC
CASH FLOW STATEMENT

(in summary form)
Quarter ...Year ...
Unit: ...........
Accumulated from the
Items Codes Explantion opening of the year to the
This year Previous
year
1 2 3 4 5
1. Net cash flow from business 20

activities
2. Net cash flow from investment 30

activities
3. Net cash flow from financial 40

operations
4. Net cash flow in the period 50

(50= 20+30+40)
5. Cash and cash equivalents at 60

the opening of the period
6/ Impact of changes in exchange 61

rate used for conversion of
foreign currencies
7/ Cash and cash equivalents at 70

the closing of the period
(70 = 50+60+61)

4. Selective notes to the financial statements (using Form B09a-DN)
43
PA R T III
S Y S TE M OF BU S IN E S S AC C OUN TIN G D OC U MEN TS
I/ GENERAL PROVISIONS
1. Items and forms of accounting documents
Accounting documents of enterprises must be prepared in accordance with the
provisions on preparation and signing of accounting documents, specified in the Law on
Accounting, Government Decree No. 129/2004/NĐ-CP dated 31 May 2004 and other legal
documents related to accounting documents, and with the provisions in this document.
Enterprises with particular economic or financial transactions for which forms of
documents have not been provided for in this document shall prepare accounting documents
in accordance with separate regulations on accounting documents and with other legal
documents, and such accounting documents must be approved by the Ministry of Finance.
2. System of accounting document forms
The system of accounting documents forms applicable to enterprises shall incclude:
- The accounting documents issued with this business accounting system, including 5
items:
+ Item relating to employees and salaries;
+ Item relating to inventory;
+ Item relating to sale of goods;
+ Item relating to currency ;
+ Item relating to fixed assets.
- The accounting documents issued with other legal documents (forms and guidelines
on their preparation shall comply with the issued documents).
3. Preparation of accounting documents
All economic and finacial transactions related to operation of an enterprise shall

require accounting documents. The accounting document shall only be prepared once for an
economic or financial transaction. The accounting document must contain full items and
present clearly and truthfully the economic or finacial transaction. Words written on the
document must be clear, not erased or abbreviated. The sum in words must tally with the
sum in numbers.
The accounting document must include full copies regulatedc for each type of
document. In respect of a document including many copies, all copies must be prepared one
time with the same content by using computers, typewriters or carbon-paper. In a special
44
case where all copies cannot be written one time, they can be written twice but the
consistency and legality of all copies of the document must be ensured.
Accounting documents prepared by computers must contain all items stipulated for the
accounting document.
4. Signing of accounting documents
To be valid, all accounting documents must bear full signatures of people whose
position is provided for on the accounting document. In particular, electronic documents must
bear electronic signatures in accordance with law. All signatures on theaccounting document
must be signed by pen or fountain-pen, and should not be signed in red ink or by pencil. With
respect to the accounting document for payment, each of its copy must besigned. The
signature of one person on the accounting must be consistent and identical to the signature
which has been registered as regulated. Where the signature is not registered, the signture in
the following times must be identical to signtures in previous times.
An enterprise which has no chief accountant must appoint a person to act as an accountant
to carry out transactions with customers or the bank, the signture of the chief accountant shall
be replaced with the signature of that accountant. The accountant shall have the duties,
responsibilities and right stipulated for the chief accountant.
The signatures of the head of an enterprise (general director, director or an authorised

person) and of the chief accountant (or an authorised person) and the seal stamped on the
accounting document must be identical with the specimen signatures and seal which is valid
and has been registered with the bank. The signature of an accountant on the accounting
document must be identical to the signature registered with the chief accountant.
The chief accountant (or an authorised person) shall not be permitted to sign “per pro” the
head of the enterprise. An authorised person shall not be allowed to delegate his authorised
power to another person.
Enterprises are required to open a register of specimen signatures of the treasurer,

storekeeper, accountants, chief accountant (and an authorised person), general director (and
an authorised person). The register of specimen signtures must be number on eachj page,
and the space between two consecutive pages must be stamped with a seal managed by the
head of the enterprise (or an authorised person). Each person must sign three specimen
signtures in the register.
Individuals who have the right or who are are authorised to sign accounting documents shall
not sign such documents when they are not recorded or are recorded incompletely.
The delegation of authority to sign accounting documents shall be stipulated by the (general)
director of the enterprise in accordance with the law and the management requrements to
ensure that assets are controlled tightly and safely.
45
5. Order of circulation and control of accounting documents
All accounting documents prepared by an enterprise or coming from outside must be
gathered in the accounting division of the enterprise. The accounting division shall examine
those accounting documents and only use them to make entries in the accounting book after
such accounting documents have been exemined and their legality is verified.
Order of circulation of accounting documents shall include the following steps:
- Prepare, receive and handle accounting documents;

- The accountant or chief accountant shall examine and sign accounting documents or
submit them to the enterprise’s director for signing of them;
- Classify, arrange accounting documents, and enter up in the accounting book;
- Store and preserve accounting documents.
Order of examination of accounting documents:
- Examine the clearness, truthfulness and adequacy of items and data recorded on
accounting documents;
- Examine the legality of economic or financial transactions recorded on accounting
documents, collate accounting documents with other relevant documents;
- Eaxmine the accuracy of data and information on accounting documents.
Upon examination of accounting documents, if discovering breaches of the State’s

policy and regulations on economic or financial management, the accounting division must
refuse to make payment or take goods out of the store, and must immediately notify such
breaches to the director of the enterprise for dealing with them in a timely manner in
accordance with the current law.
With respect to accounting documents which are prepared improperly or have unclear
numbers, the accountant responsible for examining them and making entries in the
accounting book must return them, requesting the person who prepares such accounting
documents to prepare again the accounting documents in accordance with the proper
procedures or to make adjustments in the accounting documents before using them as a
basis for making entries in the accounting book.
6. Translation of accounting documents into Vietnamese
Accounting documents in a foreign language must be translated into Vietnamese when

they are used for making entries in accounting books in Vietnam. Documents which are rarely
made out, or which are made out many times but their contents are not identical must be
translated wholly. Documents which are made out many times with identical contents shall be
translated wholly in respect of the first document, from the second document onward, only
the main items are translated, such as name of the document, name of the company and
person preparing the document, name of the company and person receiving the document,
position of the persons signing the document. The translator must sign, recording full name
on the Vietnamese version, and be responsible for the contents translated into Vietnamese.
The Vietnamese version must be enclosed with the original copy in foreign language.
7. Use, management, printing and issuance of accounting document forms

46
All enterprises are required to use uniform accounting document forms stipulated in
this accounting system. During the process of using accounting documents, enterprises are
not permitted to amend compulsory accounting document forms.
Printed accounting document forms must be preserved carrefully, and must not be left
damaged or rotten. Cheques and valauable papers must be managed like money.
Compulsory accounting document forms shall be printed and issued by the Ministry of
Finance or an entity aurthorised by the Ministry of Finance. The entity authorised to print and
issue compulsory accounting documents must print them according to the proper form and
quantity regulated for each type of accounting document, and must comply with the Ministry
of Finance’s provisions on management of printed matter.
In respect of instructional accounting document forms, enterprises may buy the printed
ones available in the market, or print such accounting document forms by themselves, but
must ensure that the accounting documents contain main items as stipulated in Article 17 of
the Law on Accounting.
8. Enterprises using electronic documents in their economic or financial activities, and
for making entries in accounting books must comply with the provisions of legal documents
on electronic documents.
II/ LIST OF ACCOUNTING DOCUMENTS
No Name of document Serial Nature

number
Compulsory Instructional
form (*) form (*)
A/ACCOUNTING DOCUMENTS ISSUED UNDER THIS DECISION
I/ Employees and salaries

1 Time-sheet 01a-LĐTL x
2 Overtime time-sheet 01b-LĐTL x
3 Payroll 02-LĐTL x
4 Statement of bonus payments 03-LĐTL x
5 Travel warrant 04-LĐTL x
6 Confirmation slip of finished products 05-LĐTL x
or completed work
7 Statement of overtime payments 06-LĐTL x
8 Statement of rent payments 07-LĐTL x
9 Piece-work contract 08-LĐTL x
10 Minutes on liquidation 09-LĐTL x
(commissioning) of piece-work
contract
11 Statement of items paid from salary 10-LĐTL x
12 Statement of allocation of salaries and 11-LĐTL x
social insurance contributions
II/ Inventory
1 Goods-received note 01-VT x
47
2 Goods-dispatched note 02-VT x
3 Minutes on testing materials, tools, 03-VT x
products, goods
4 Slip of materials left at the closing of 04-VT x
the period
5 Minutes on inventorying materials, 05-VT x
tools, products, goods
6 Statement of purchased goods 06-VT x
7 Statement of allocation of raw 07-VT x
materials, materials, tools,
instruments
III/ Sale of goods

1 Statement of payments for goods 01-BH x
supplied on a consignment basis
2 Counter cards 02-BH x
IV/ Currency
1 Note of receipts 01-TT x
2 Note of payments 02-TT x
3 Request for advance 03-TT x
4 Voucher for payment of advance 04-TT x
5 Request for payment 05-TT x
6 Receipt for collection of money 06-TT x
7 Statement of gold, silver, precious 07-TT x
metals, gemstones
8 Statement of fund inventory (used for 08a-TT x
VND)
9 Statement of fund inventory (used for 08b-TT x
foreign currencies, gold, silver...)
10 Statement of payments 09-TT x
V/ Fixed assets
1 Minutes on transfer and receipt of 01-TSCĐ x
fixed assets
2 Minutes on liquidation of fixed assets 02-TSCĐ x
3 Minutes on transfer of fixed asses to 03-TSCĐ x
which major repair is completed
4 Minutes on revaluation of fixed assets 04-TSCĐ x
5 Minutes on invetorying fixed assets 05-TSCĐ x
6 Statement of calculating and 06-TSCĐ x
allocating costs of amortization of
fixed assets
B/ DOCUMENTS ISSUED WITH OTHER LEGAL DOCUMENTS

1 Certificate of sick leave with an x
entitlement to social insurance benefits
48
2 List of people who are on leave and x
entitled to illness or maternity allowances
3 VAT invoice 01GTKT-3LL x
4 Ordinary sale invoice 02GTGT-3LL x
5 Goods dispatched note-cum-internal 03 PXK-3LL x
transport note
6 Goods dispatched note of goods 04 HDL-3LL x
provided to agents
7 Invoice for finance lease service 05 TTC-LL x
8 Statement of purchased goods without 04/GTGT x
invoices
9 ..........................
Ghi chú: (*) BB: Compulsory form

(*) HD: Instructional form
PA R T IV
S Y S TE M OF A CC OU N TIN G B OOK S A ND FOR MS OF A CC OU N TIN G
I- GENERAL PROVISIONS
1- Accounting books
Accounting books are used to record, systematize and store all economic and financial
transactions that happen chronologically and relate to the enterprise.
Enterprises are required to implement the regulations on accounting books in the
Accounting Law and Government Decree No. 129/2004/NĐ-CP dated 31/5/2005, making
detailed regulations and providing guidelines for implementation of a number of Articles of the
Accounting Law regarding the field of business, in the implementing documents and in this
accounting system.
2/ Types of accounting books
Each enterprise shall only use a system of accounting books for an accounting year.
The accounting books shall include the general accounting books and the detailed
accounting books.
The general accounting books shall include the journal and the ledger.
The detailed accounting books shall include the Detailed accounting books or cards.
The State makes mandatory regulations on forms and contents of accounting books,
and the method of recording on the ledger and journal; and makes instructional regulations
on Detailed accounting books or cards.
2.1. General accounting books
49
1/ The journal is used to record economic and financial transactions occuring
chronologically in each accounting period and in an accounting year, and corresponding
accounts of those transactions. The accounting figures on the journal show the total amounts
in the debit side and the credit side of all accounting accounts used by the enterprise.
The journal must show fully the following items:
- Date of making entries in the journal;
- Serial number and date of accounting documents serving as a basis for recording
the journal;
- Summary contents of the economic or financial transaction occurring;
- Amount of money of the economic or financial transaction occurring.
2/ The ledger is used to record economic or financial transactions occuring in each
accounting period and in an accounting year in conformity with the accounting accounts
stipulated in the system of accounting accounts applicable to enterprises. The accounting
figures on the ledger show the general condition of assets, sources of equity, business
activities and results of an enterprise.
The ledger must show fully the following items:
- Date of making entries in the ledger;
- Serial number and date of accounting documents serving as a basis for recording
the ledger;
- Summary contents of the economic or financial transaction occurring;
- Amount of money of the economic or financial transaction occurring, which is
recorded in the debit side or credit side of the account.
2.2 Detailed accounting books or cards
The detailed accounting books are used to record economic or financial transactions
related to accounting objects which need to be monitored in detail in accordance with the
management requirements. Figures on the detailed accounting books provide information
necessary for management of each type of asset, source of equity, turnover and expenses
which have not been shown on the journal and the ledger.
The number and structure of detailed accounting books are not stipulated
compulsively. Enterprises shall base on the State’s instructional regulations on detailed
accounting books and management requirements of enterprises to establish detailed
accounting books necessary and appropriate for them.
3. System of accounting books
Each accounting unit shall only use an official and sole system of accounting books for
an accounting year. An enterprise must, based on the system of accounting accounts applied
by the enterprise and its management requirements, establish general accounting books and
detailed accounting books which are necessary
4. Responsibilities of persons who keep and make entries in accounting books
Accounting books must be managed tightly by individuals who are appointed to keep
and make entries in such books. When accounting books are given to whichever employee,
that employee must be responsible for making entries in the books and keeping such books
during the period for which the accounting books are used.
When the employee keeping and making entries in accounting books is changed, the
chief accountant must organise the handover of responsibilities between the old and new
50
employees. The minutes on handover of responsibilities must be signed and certified by the
chief accountant
5. Making entries in accounting books by hand or by computer
An accounting unit is permitted to make entries in accounting books by hand or by
computer.
Where an accounting unit makes entries in accounting books by hand, it must comply
with the regulations on accounting forms and accounting books as stated in Section II-
“Accounting Forms”. The unit is permitted to further establish detailed accounting books
based on its management requirements.
Where an enterprise makes entries in accounting books by computer, it shall be
permitted to either purchase or construct itself an accounting form on computer accordingly.
The computer accounting form applied by the enterprise must ensure the following
requirements:
- Having necessary general accounting books and detailed accounting books to meet
the accounting requirements as regulated. General accounting books must contain full items
in accordance with the regulations on accounting books.
- Complying with the regulations on establishing, recording, closing and amending
books of account in accordance with the Accounting Law, the implementing documents and
the regulations in this accounting system.
- An enterprise must base on standards and conditions of the accounting software
stipulated by the Ministry of Finance in Circular No. 103/2005/TT-BTC dated 24 November
2005 to select an accounting software appropriate to its management requirements and
conditions
6. Establishing and recording books of account
6.1- Establishing books of account
Books of account must be opened at the opening of an accounting year. With respect
to a newly established enterprise, books of account must be opened from the date of its
establishment. The enterprise’s legal representative and chief accountant shall be
responsible for approving hand-recorded accounting books before thay are used, or
approving official accounting books after thet have been printed out from a computer.
Books of account must be the ones printed or prepared beforehand, and may be
bound into books or left in separate sheets. Having been used, such sheets must be bound
together into books for filing.
Before using books of account, an enterprise must complete the following procedures:
With respect to books of account in the form of books:
On the first page of such books, it is required to clearly record name of the enterrprise,
name of the book, date of opening the book, the accounting year, and the period for which
the book is recorded. The accounting books must contain full names and signatures of the
person keeping and recording them, the chief accountant and the legal representative of an
enterprise, the date of closing the books or the date of transferring the books to another
person
Books of account must be numbered from the first page to the last page; and the
space between two consecutive pages of the accounting books.
51
With respect to books of account in the form of loose sheets::
It is required to record on the top of each loose sheet the enterprise’s name, the
ordinal number of each loose sheet, the book’s name, the month in which the book is used,
and full name of the person keeping and recording the book. Before being used, loose sheets
must be signed and certified by the enterprise’s director or an authorised person, and
stamped with the enterprise’s seal. Loose sheets must be kept safely and arranged in order
so that they can be found easily.
6.2- Recording books
The recording on books of account must be based on audited accounting documents.
All data recorded on books of account must be supported by legal and valid accounting
documents.
6.3- Closure of books of account
At the closing of an accounting period, books of account must be closed before
financial statements are prepared. In addition, books of account must be closed in the case of
an inventory or in other cases as regulated by law.
7. Amendment to accounting books
7.1- Upon discovery that the hand-recorded books of account contain mistakes
in the process of recording books of account, an enterprise shall not be permitted to erase
such mistakes which cause a loss of falsely-recorded information or data, but shall make an
amendment based on one of the following methods:
(1)- Method of rectification:

This method is used to rectify mistakes by drawing a line to delete the falsely-recorded
data, howwever, it is required that the mistakes be seen clearly. Above the deleted data,
number or words shall be recorded in ordinary ink, and the signature of a chief accountant or
a person in charge of accounting is put besides the place of amendment. This method shall
be applied in the following cases:
- Mistakes in explanation, unrelated to the corresponding relation between accounts;
- Mistakes not affecting the otal sum.
(2)- Method of recording negative number (also called method of recording in red ink):
This method is used to amend mistakes by: recording in red ink or recording in
parentheses the falsely-made entries to cancel such entries. Recording properly-made
entries in ordinary ink to substitute for the falsely-made entries.
This method shall be applied in the following cases:
- Mistakes as to corresponding relation between accounts, resulted from falsely-made
entries which cannot be rectified by the method of rectification
- Discovery of mistakes after financial statements have been submitted to the competent
body.
In this case, amendment shall be made in the accounting book in the year in which
mistakes are discovered, based on the non-retroactive or retroactive method in accordance
with the regulations of the Accounting Standrad No.29 “Change in accounting policy,
accounting esttimates and mistakes”;
- Mistakes by which an entry is made in an account where the sum has been recorded
many times, or where the falesely-recorded number is larger than the properly-recorded
number.
52
When applying the method of recording negative numbers to rectify the mistake, an
enterprise must prepare a “rectification document” signed and certified by the chief accountant
(or by the person in charge of accounting).
(3)- Method of making additional entry:

This method shall be applied in the case where an accountant records properly the
corresponding relation between accounts but the sum entered up in books of account is
smaller than the one rcorded on documents, or where the accountant omits, not adding up all
the money recorded on documents. When making an amendment under this method, the
accountant must prepare “additional registration documents”, entering up in ordinary ink the
short money in the book of account.
7.2- Amendment in the case of recording the books of account by computer
(1)- Where mistakes are discovered before the annual financial statements are
submitted to the competent State body, the accountant must make a direct amendment on
computer accounting books of that year;
(2)- Where mistakes are discovered after the annual finacial statements are submitted
to the competent State body, the acountant must make a direct amendment on the computer
accounting book of the year in which mistakes are discovered, making a note on the last line
of that computer accounting book.
(3)- When making entries in the accounting book by computer, all amendments shall
be made under “the method of recording negative numbers” or “the method of making
additional entry” .
7.3- When the annual finalisation report is approved or when the inspection,
examination or audit is closed and official conclusions are made, if there is a decision by
which the finacial statements’ data related to those recorded on accounting books must be
amended, the accounting unit has to amend the accounting books and the balance of
relevant accounts based on the regulated method. The amendment shall be directly made on
accounting books of the year in which mistakes are discovered, and the accountant must
make a note on the last page (last line) of such accounting books in order to make it easy for
collation and examination.
8/ Adjustment in accounting books
Where, due to a change in the accounting policy or a discovery of material
misstatements in previous years, an accounting unit must make a retroactive amendment in
accordance with the regulations of the Accounting Standard No.29 “Changes in the
accounting policy, accounting estimates and mistakes”, the accountant must amend the
opening balance in relevant accounts on the general accounting books and detailed
accounting books.
9/ Forms of accounting books

(1)- An enterprise shall be permitted to apply one of the five following accounting
forms:
- Accounting form of general journal;
- Accounting form of Journal-Ledger;
- Accounting form of registration documents;
53
- Accounting form of Journal-Documents;
- Accounting form of computer accounting.
In each form of accounting books, there are specific regulations on number, structure,
form and order of accounting books, method of recording, and relations between accounting
books.
(2)- An enterprise shall, based on the size and characteristics of its business and
production activities, its management requirements, professional skills of its accountants and
its technical equipment, select an appropriate accounting form and must comply with the
regulations of that form of accounting books, including kinds of books and structure of such
books, collation and examination, order, and method of recording accounting books.
II. ACCOUNTING FORM

1. Accounting form of gneral journal
1.1 Principle and basic characteristics of the accounting form of general journal
Basic chracteristics of the accounting form of general journal: All economic and
financial transactions must be recorded choronologically in journals, especially the general
journal, based on economic content of such transactions. Afterward, data of each
transaction on journals shall be used to make entries in the ledger.
The accounting form of jeneral journal shall include the following main books:
- General journal, special journal;
- Ledger;
- Detailed accounting books or cards.
1.2 Order of the recording on accounting books which are in the form of a general
journal (Table No. 01)
(1) Every day, based on accounting documents which have been examined and are
used as a basis for recording the accounting book, an accountant shall, at first, enter up the
transactions in the general journal and then, based on data recorded on the general journal,
make entries in the ledger according to appropriate accounts. An accounting unit which
opens Detailed accounting books or cards shall, in addition to making entries in the general
journal, record transactions on relevant Detailed accounting books or cards.
Where an accounting unit opens special journals, it shall, on the daily basis and based
on documents used to make entries in the accounting book, record transactions on the
relevant special journal. On a periodical basis (of 3, 5, 10... days) or at the end of a month,
the accounting unit shall, depending on the number of transactions carried out, consolidate
data in each special journal and use consolidated data to make entries in appropriate
accounts of the ledger.
(2) At the end of a month, a quarter or a year, the accounting unit shall add up data on
the ledger and prepare the balance sheet.
After being examined and collated, data recorded on the ledger and the detailed listing
(prepared from Detailed accounting books or cards) shall be used to make out financial
statements.
54
In principle, the total debits and credits on the balance sheet must equal the total
debits and credits on the general journal (or the general journal and special journals after
rejecting the overlapped data on special journals) of the same period.
Table 1
ORDER OF MAKING ENTRIES IN THE ACCOUNTING BOOK WHICH IS IN THE ACCOUNTING FORM
OF A GENERAL JOURNAL
Accounting documents
Detailed accounting
Special GENERAL JOURNAL
books or cards
journal
đặc biệt
LEDGER detailed listing
Balance sheet
FINANCIAL STATEMENT
Note:
Record daily
Record in the late month or periodically
Collation and examination
2. Accounting form of Journal-Ledger

2.1. Basic characteristics of the accounting form of Journal-Ledger
Basic characteristics of the accounting form of Journal-Ledger: Economic and financial

transcations are rcorded chronologically, based on economic content (accounting accounts)
of such transactions, in the same sole general accounting book which is the Journal-Ledger.
The bases for making entries in the Journal-Ledger are accounting documents or or the
general listing of accounting documents of the same type.
The accounting form of Journal-Ledger shall include the following accounting books:
- Journal-Ledger;
55
2.2. Order of the recording on accounting books which are in the form of a Journal-
Ledger (Table No.2)
(1) Every day, based on accounting documents or the general list of accounting
documents of the same type, which have been examined and are used as a basis
for entering up in the accounting book, an accountant shall, at first, determine the
debit account and credit account to make entries in the Journal-Ledger. Data on
each documnet (or on the general listing of accounting documents of the same type)
are recorded on one line of both the Journal and the Ledger. The general listing of
accounting documents are prepared for documents of the same type (receipts
vouchers, payment vouchers, goods-dispatched notes, goods-received notes,,,,)
made out many times in a day or within a period of 1 to 3 days.
After being used to make entries in the Journal-Ledger, accounting documents and the
general listing of accounting documents of the same type shall be used for entering up in
relevant Detailed accounting books or cards.
(2) At the end of a month, after entering up all accounting documents made out in the
month in the Journal-Ledger and in Detailed accounting books or cards, the accountant shall
add up the column of arising numbers in the Journal, and the columns of debits and credits in
each account if the Ledger, and write on the line for the total number at the end of the month.
Based on the total numbers of previous months and the total numbers of this month, the
accountant shall calculate the accumulated numbersfrom the early quarter to the end of this
month. Based on the balance in the early month (early quarter) and the balance arising in the
month, the accountant shall calculate the balance in the late month (late quarter) in each
account of the Journal-Ledger.
(3) Upon examination and collation of the total number in the late month (late quarter)
in the Journal-Ledger, the following requirements must be ensured:
Total sum in the Total debits Total credits

column of
amounts arising in = of all = of all
the Journal accounts accounts
Total debits of all accounts = Total creditsof all accounts
(4) Detailed accounting books or cards must also be closed to add up debits and
credits and calculate balance in the late month of each item. Based on the closed data
of items, the accountant prepares “the detailed listing” for each account. Data on “the
detailed listing” shall be collated with debits, credits and balance in the late month of
each account in the Journal-Ledger.
The closed data on the Journal-Ledger and “the detailed listing”, after being examined
and collated, shall be used for making out financial statements.
56
Table No.2
ORDER OF MAKING ENTRIES IN THE ACCOUNTING BOOK WHICH IS IN THE ACCOUNTING FORM
OF A JOURNAL-LEDGER
Accounting documnets
Sæ, thÎ
Detailed
Cash-book General kÕ to¸n
accounting
listing of chi tiÕtor
books
accounting cards
documents of
the same type
Detailed
JOURNAL-LEDGER listing
FINANCIAL
STATEMENTS
Note:
Record daily
Record in the late month
Collation, examination
3. Accounting form of registration documents

3.1/ Basic characteristics of the accounting form of registration documents
Basic characteristics of the accounting form of registration documentrs: The direct

bases for making entries in general accunting books are “registration documents”. The
recording on general accounting books shall include:
+ Record chronologically on the Register of Registration Documents.
+ Record based on economic content on the Ledger.
Registration documents shall be prepared by the accountant on the basis of each
accounting document or the general listing of accounting documents of the same type and
economic content.
Registration documents are numbered continuously in each month or in the whole
year (based on ordinal numbers in the register of registration documents) and accompanied
with accounting documents, and approved by the chief accountant before they are used for
making entries in the accounting book.
The accounting form of registration documents shall include the following accounting
books:
57
- Registration documents;
- Register of registration documents;
- Ledger;
3.2/ Order of the recording on accounting books which are in the form of regitration
documents (Table No.3)
(1)- Every day, based on accounting documents or the general listing of accounting
documents of the same type which have been examined and are used for making entries in
accounting books, the accountant shall prepare registration documents. The accountant
shall, based on registration documents, enter up in the register of registration documents and
then make entries in the ledger. Having been used as a basis for preparing registration
documents, accounting documents shall be used for entering up in relevant Detailed
accounting books or cards.
. (2)- In the late month, the accountant must close accounting books and work out the
total sum of economic or financial transactions in the month on the register of registration
documents, and calculate the total debits and credits and the balance in each account on the
ledger. The acountant then shall base on the ledger to prepare the balance sheet.
(3)- Having been collated and considered to be proper, data recorded on the ledger
and the detailed listing (made out from Detailed accounting books or cards) shall be used for
preparation of financial statements.
The collation and examination must ensure that the total debits and credits in all accounts
of the balance sheet must be the same, and equal the total sum on the register of
registration documents. The total debits and credits in accounts on the balance sheet must
be the same, and the balance in each account on the balance sheet must be equal to the
balance in each corresponding account on the detailed listing.
58
Table No.3
ORDER OF THE RECORDING ON ACCOUNTING BOOKS WHICH ARE IN THE ACCOUNTING FORM
OF REGISTRATION DOCUMENTS
Cash-book General listing of Sæ, thÎ

Detailed
accounting kÕ to¸n
accounting
documents of the chibooks
tiÕtor
same type cards
Register of
REGISTRATION
registration
DOCUMENTS
documents
Ledger Detailed
listing
Balance sheet
FINANCIAL
STATEMENTS
Note:
Record daily
Record in the late month
4. Accounting form of Journal-Documents

4.1/ Basic characteristics of the accounting form of Journal-Documents)
- Gather and systematize economic transactions arising in the credit side of accounts,
and analyse such economic transactions in the corresponding debit accounts.
- Closely combine the recording of economic transactions carried out chronologically
and the systematization of such transactions based on their economic content (based on
accounts).
- Widely combine the genal accounting and detailed accounting on the same book of
account and in the same course of recording.
- Use books on which correspondinmg accounts, economic or financial management
items are already printed, and prepare financial statements.
The accounting form of Journal-Documents shall include the following books of account:
- Documentary journal;
- List;
- Ledger;
59
4.2/ Order of the recording on accounting books which are in the form of
Journal-Document (Table No.4)
(1). Every day, based on accounting documents which have been examined, the
accountant shall take data from those accounting documents and directly record them on the
Journal-Document or on the relevant list or detailed book.
With respect to production or business costs which are incurred many times or which
are alloccated, original documents shall at first be gathered and classified in tables of
allocation, afterward the accountant shall take resulting data from tables of allocation and
record them on the relevant lists and Journal-Documnet.
With respect to Journals-Documents on which the recording is based on the total data
on the lists or detailed books, the accountant shall, in the late month, transfer such data to
the Journals-Documents.
(2). In the late month, the accountant shall close books, add up data on Journals-
Documents, examine and collate data on Journals-Documents with those on detailed
accounting books or cards, and on the relavant detailed list, and shall take the total data from
Journals-Documents to directly enter them up in the ledager.
With respect to accounting documents related to detailed accounting books or cards,

data on such documents shall be directly recorded on relevant books or cards. In the late
month, the accountant shall add up data on detailed accounting books or cards and, based
on such detailed accounting books or cards, prepare the detailed listings for each account,
which are used to collate with the ledger.
The total data in the ledger and a number of detailed items in the Journal-Document, in
the list and the detailed listings shall be used to make out financial statements.
Table No.4
ORDER OF THE RECORDING ON ACCOUNTING BOOKS WHICH ARE IN THE ACCOUNTING FORM
OF JOURNAL-DOCUMENT
and tables of allocation
Detailed accounting
books or cards
List JOURNAL-
DOCUMENT
NHẬT KÝ
Detailed listing
Ledger
FINANCIAL
STATEMENTS60
Note;
Record daily
Rcord in the late month
5- Form of accounting on computer
5.1- Basic characteristics of the computer accounting form
Basic characteristics of the computer accounting form are that the accounting work is
done based on an accounting software on computer. The accounting software is designed in
the form of one of the four accounting forms, or in the form of a combination of the above
accounting forms. The accounting sofware shall not display fully the process of recording on
accounting books, but have to be capable of printing out full accounting books and financial
statements as regulated.
Kinds of book of the computer accounting form:
An accounting software designed in whichever accounting form shall have that

accounting form’s books which are not completely like accounting books in which entries are
made by hand
5.2- Order of the recording of accounting books wich are in the computer
accounting form (Table No.5)
(1) Every day, the accountant shall, based on accounting documents or the general
listing of accounting documents of the same type, which have been examined and are used
as a basis for making entries in accounting books, determine debit accounts and credit
accounts to input data in the computer, based on tables beforehand designed in the
accounting software.
According to the process of the accounting software, information shall automatically be

input in the general accounting books (the ledger or the Journal-Ledger...) and in relevant
detailed accounting books or cards.
(2) In the late month (or at any necessary time), the accountant shall perform the task
of closing books (adding up data in books) and preparing financial statements. The collation
of general data and detailed data shall be carried out automatically and ensured to be always
accurate and truthful in accordance with information input in the period. The accountant can
examine and collate data on accounting books with those on financial statements after such
accounting books and financial statements have been printed out.
The accountant shall manipulate to print out financial statements as regulated.
At the end of a month or a year, general accounting books and detailed accounting
books shall be printed out and bound in books, and the accountant shall carry out legal
procedures in accordance with the regulations on accounting books in which entries are
made by hand.
61
Table No.5
ORDER OF THE RECORDING ON ACCOUNTING BOOKS WHICH ARE IN
THE COMPUTER ACCOUNTING FORM
ACCOUNTING BOOKS
- General accounting
ACCOUNTING ACCOUNTING books
DOCUMENTS SOFTWARE - Detailed accounting
books
BẢNG TỔNG HỢP

CHỨNG TỪ KẾ - Financial statenments
TOÁN CÙNG LOẠI COMPUTER - Administration accounting
report
Note:
Input daily data
Print out books and reports at the end of month, year
III- LIST OF ACCOUNTING BOOKS APPLICABLE TO ENTERPRISES

Accounting form
Serial
No Name of books General Journal- Registration Journal-
number
journal Ledger documents Document
1 2 3 4 5 6 7
01 Journal-Ledger S01-DN - x - -
02 Registration documents S02a-DN - - X -
03 Register of registration documents S02b-DN - - X -
04 Ledger (used for the form of registration S02c1-DN - - x -

documents) S02c2-DN X
05 General journal S03a-DN X - - -
62
Accounting form
Serial
number
1 2 3 4 5 6 7
06 Cash receipt journal S03a1-DN X - - -

07 Cash payment journal S03a2-DN X - - -
08 Purchase journal S03a3-DN X - - -
09 Sales journal S03a4-DN X - - -
10 Ledger (used for the form of general S03b-DN X - - -
journal)
11 Journal-Document, Kinds of Journal- S04-DN - - - x
Document, List
Including: - Journal-Document No.1 to S04a-DN - - - x
No.10
S04b-DN - - - x
- List No.1 to No.11
12 Ledger (used for the form of Journal- S05-DN - - - x
Document)
13 Balance sheet S06-DN X - x -
14 Cash book S07-DN X x x -
15 Detailed accounting book of cash S07a-DN X x x -
16 Deposit book S08-DN X x x x
17 Detailed books of materials, instruments, S10-DN X x x x
products or goods
18 Detailed listing of materials, instruments, S11-DN X x x x
products or goods
19 Stock card (Stock book) S12-DN X x x x
20 Book of fixed assets S21-DN X x x x
21 Book for monitoring fixed assets and tools S22-DN X x x x

and instruments at the place where they
are used
22 Card of fixed assets S23-DN X x x x
23 Detailed book of payments to the S31-DN X x x x

purchaser (the seller)
24 Detailed book of payments to the S32-DN X x x x
purchaser (the seller) in foreign currency
25 Book for monitoring payments in foreign S33-DN X x x x
currency
26 Detailed book of loans S34-DN X x x x
27 Detailed book of sales S35-DN X x x x
28 Book of production and business costs S36-DN X x x x
29 Card of production costs of products or S37-DN X x x x
63
Accounting form
Serial
number
1 2 3 4 5 6 7
services
30 Detailed book of accounts S38-DN X x x x
31 Detailed accounting book for monitoring S41-DN X x x x

inverstments in associated companies
32 Book for monitoring differences allocated S42-DN X x x x

upon purchase of investments in
associated companies
33 Detailed book of issued shares S43-DN X x x x
34 Detaiiled book of fund shares S44-DN X x x x
35 Detailed book of securities investments S45-DN X x x x
36 Detailed book for monitoring source of S51-DN X x x x

trading capital
37 Books of construction expenses S52-DN X x x x
38 Book for monitoring VAT S61-DN X x x x
39 Detailed of of VAT refunded S62-DN X x x x
40 Detailed book of VAT exempted or S63-DN X x x x

reduced
Other detailed book according to the

enterprise’s management requirements
The order and method of making entries in accounting books, and the relation between
accounting books in each accounting form are stipulated in the above Section II “Accounting
Forms”.
* * *
64

15-06 Issuance of The Business Accounting System - English

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15-06 Issuance of The Business Accounting System - English

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MINISTRY OF FINANCE SOCIALIST REPUBLIC OF VIETNAM

Independence – Freedom - Happiness

Article 2: Enterprises, companies and corporations shall, based on “the business

Recipients: FOR MINISTER

1- Bookkeeping accounts are used to classify and systematize economic

The business bookkeeping account system includes class-1 accounts, class-2

2- Enterprises, companies and corporations shall, based on the bookkeeping

3- Where enterprises, companies or corporations need to add class-1 or class-2

4- Enterprises, companies or corporations may further set up class-2 or class-3

02 112 Deposits Detailing each bank

03 113 Cash in transit

04 121 In vestment in short-term securities

05 128 Other short-term investments

06 129 Provisions for reduction in prices of short-term

07 131 Accounts receivable from customers Detailing each

08 133 Deductible VAT

10 138 Other receivables

13 142 Short-term prepaid expenses

25 211 Tangible fixed assets

55 411 Source of business capital

66 466 Source of budget forming fixed asset

69 515 Revenue from financial operations

73 611 Purchase of goods Application of

74 621 Costs of raw materials or materials directly used

83 711 Other incomes Detailing by

001 Hired assets

002 Materials or goods held on behalf of other entities, Detailing by

004 Bad debts written off

007 Foreig currencies

008 Estimate for administrative or project costs

A. Annual and mid-year financial statements

1. Purposes of financial statements

3- The business financial statement system

3.1. Annual financial statements

- Balance sheet Form No. B 01 -

3.2. Mid-year Financial Statements

The mid-year financial statements shall include the mid-year financial

(1) The mid-year financial statements in full form shall include:

- Mid-year balance sheet (in full form): Form No. B 01a –

(2) The mid-year financial statements in summary form shall include:

- Mid-year balance sheet (in summary form): Form No. B 01b –

4- Responsibilities for preparation and presentation of financial

5- Requirements for preparation and presentation of financial statements

- presenting information in a true and fair manner;

+ represent fairly the results and financial position of the enterprise;

+ be neutral, that is free from bias;

+ be complete in all material respects.

6- Principles of preparation and presentation of financial statements

Notes to the financial statements must be based on requirements for presenting

7- Periods for preparation of financial statements

7.1 Period for preparation of annual financial statements

7.2 Period for preparation of mid-year financial statements

The period for preparation of mid-year financial statements shall be each

7.3 Other periods for preparation of financial statements

8. Time limit for submission of financial statements

8.1. With respect to State enterprises

a) Time limit for submission of quarterly financial statements:

- An affiliated accounting unit of a State corporation shall submit its quarterly

b) Time limit for submission of the annual financial statements:

8.2. With respect to other enterprises

9. Place where financial statements are received

Place where financial statements are received