Requirements for the Preparation and Presentation of Financial Statements of the Debt Repayment Accumulation Fund

At Article 20 of Circular 109/2018/TT-BTC, effective January 1, 2019, the regulation regarding the preparation and presentation of financial statements of the Debt Repayment Accumulation Fund is as follows:

- The preparation of financial statements must ensure honesty, objectivity, completeness, promptness, and accurately reflect the status of assets, liabilities, income, and expenditures of the Fund.

- The preparation of financial statements must be based on data after closing the accounting books. Financial statements must be prepared correctly in terms of content, method, and consistent presentation across reporting periods.

- Financial statements must be signed and stamped by the preparer, chief accountant, and the Director of the Department of Debt Management and External Financial Affairs before submission to the competent authority or public disclosure in accordance with the law.

Deadline for submission of financial statements:

- Quarterly financial statements must be submitted no later than the 10th day of the first month of the following quarter.

- Annual financial statements must be submitted no later than March 31 of the year following the reporting year.

The above is the regulation on the requirements for the preparation and presentation of financial statements of the Debt Repayment Accumulation Fund.

Respectfully!