Principles for Preparing Financial Statements of Project Management Units Using Public Investment Capital

Principles for preparing the financial statements of project management boards using public investment funds are specifically stipulated in Point a, Clause 3, Article 7 of Circular 79/2019/TT-BTC as follows:

Principles for preparing financial statements:

- Principles:

Financial statements must be based on accounting data after the accounting books are closed. The financial statements must be prepared according to the principles, content, and methods as stipulated and must be presented consistently between accounting periods. In instances where the financial statements are presented differently between accounting periods, the reasons must be clearly explained.

Financial statements must bear the signatures of the preparer, the chief accountant, and the head of the accounting unit. The individual signing the financial statements is responsible for the content of the report.

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