Chapter XI
STANDARDS FOR ACCOUNTING AND STATISTICS
Article 86
1. The State of the Socialist Republic of Vietnam encourages enterprises with foreign owned capital to adopt the accounting and statistics standards provided for in the Ordinance on Accounting and Statistics dated 10 May 1988.
2. Enterprises with foreign owned capital may, subject to the control of Vietnam's financial and statistics bodies be permitted to adopt accounting and statistic standards which accord with those international principles and standards which are widely accepted and are recognized by the Ministry of finance and the General Department of Statistics of the Socialist Republic of Vietnam.
3. The foreign party to a business co-operation contract shall keep accounting records appropriate for the type of business co-operation concerned.
Article 87
1. The standard unit of measure used for the purposes of accounting and statistics shall be the official measures of Vietnam. All other units of measure must be converted into those official Vietnamese measures.
2. The monetary unit to be used in bookkeeping shall be the Vietnamese Dong. A foreign currency may, however, also be used for this purpose, provided that it is proposed by the enterprise, and approved by the Ministry of finance.
3. The books of accounts and statistics shall be kept in the Vietnamese language or in Vietnamese and a widely used foreign language which is stated in the charter of the enterprise and approved by the financial and statistics bodies of Vietnam.
Article 88
The financial year shall be in conformity with the tax year as prescribed in article 73 of this Decree.
Article 89
The statement of accounts of each enterprise with foreign owned capital and of the contracting parties shall, within three months of the close of its financial year, be submitted to the State Committee for Co-operation and Investment and the tax office of the Ministry of finance.
The statement of accounts shall be verified by an audit company before their submission. The audit company shall be legally responsible for the accuracy and objectiveness of the audit results.
Article 90
The audit company shall make a report on the results of its work, which report shall include the following main contents:
1. The status of the carrying out of the accounting work at the enterprise.
2. The accuracy of the accounting figures and statements of accounts.
3. The compliance with accounting standards and regulations.
4. Recommendations.
Tìm kiếm
Nghị định 18-CP (Bản Word)