This is a significant content in Circular 202/2014/TT-BTC providing guidelines on methods for preparing and presenting consolidated financial statements in Vietnam, effective from February 27, 2015.
Circular 202: Basis for preparing the Consolidated Cash Flow Statement in Vietnam (illustrative image)
Under Circular 202/2014/TT-BTC, the Consolidated Cash Flow Statement is an integral part of the Consolidated Financial Statements system, providing useful information for users of Financial Statements about the Group's cash generation ability and liquidity. The Consolidated Cash Flow Statement in Vietnam is prepared based on:
- Consolidated Balance Sheet;
- Consolidated Income Statement;
- Explanatory Notes of the Consolidated Financial Statements;
- Previous period's Consolidated Cash Flow Statement;
- Cash Flow Statements of the parent company and each subsidiary, associated company, joint venture for the reporting period;
- Financial information on assets and liabilities of subsidiaries acquired or liquidated during the reporting period;
- Summary table of interests, dividends, and profits paid/received within the group for the reporting period; Summary data on dividends and profits distributed from joint ventures and associates for the reporting period;
- Summary table of investments, loans, and borrowings within the group for the reporting period; Summary table of internal group purchases and sales of inventories and fixed assets for the reporting period;
- Summary table of fixed assets' depreciation calculation and allocation, reassessment of fixed assets during the period, and other supplemental reports and summary tables.
Details may be found in Circular 202/2014/TT-BTC effective from February 27, 2015.
Ty Na
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | [email protected] |