Vietnam: Guidelines for preparing, consolidating and submitting annual budget statements

11:54, 10/01/2018

On December 25, 2017, the Ministry of Finance of Vietnam issued Circular No. 137/2017/TT-BTC providing for inspection, appraisal, notification and consolidation of annual budget statements.

According to Circular No. 137/2017/TT-BTC of the Ministry of Finance of Vietnam, for each different unit, the preparation, consolidation and submission of annual budget statements will be different. Specifically, with regard to budget-using units:

- Annual budget statements for inspection and notification purpose and annual financial statements serving the purpose of comparison and inspection of other data and information shall be made and sent under regulations in Circular No. 107/2017/TT-BTC.

- Statements of national reserve expenditure and capital (if any) shall be made and sent under guidance on plans for national reserve and state budget expenditure on national reserve and national reserve accounting regulations provided by the Ministry of Finance;

- Statements of off-budget financial funds (if any) shall be made according to Form No.1 issued together with Circular No. 137/2017/TT-BTC.

View guidelines for preparing statements for other units at Circular No. 137/2017/TT-BTC of the Ministry of Finance of Vietnam, effective from February 10, 2018.

- Thanh Lam -

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