Circular 77/2017/TT-BTC guiding the accounting regime of the State Budget and the operational activities of the State Treasury of Vietnam was issued on July 28, 2017. The units of measurement in accounting are prescribed as follows:
Lawnet respectfully introduces to our members all the documents intended for individuals and organizations wishing to practice and just beginning to practice accounting in Vietnam. The documents include:
On June 27, 2007, the Ministry of Finance issued Circular 72/2007/TT-BTC providing guidance on the registration and management of accounting practices in Vietnam.
As of the present time, the Ministry of Finance of Vietnam has issued 26 accounting standards and 01 code of ethics for the accounting profession. This article will assist esteemed readers in comprehending the entire System of the accounting standards and accounting ethics in Vietnam
There is just over 1 month left before businesses officially enter the Lunar New Year holiday in Vietnam. To support our Customers and Members in closing the year 2019 successfully and having a favorable start to the year 2020, Lawnet respectfully sends to our Customers, Members the accounting and human resources tasks that need to be done immediately before and after the Lunar New Year as follows:
Below are the functions and duties of the Tax Declaration and Accounting Department under the Tax Department of provinces and central-affiliated cities in Vietnam.
Hi LAWNET, I have just established a one-member limited liability company owned by myself, of which major is IT. There are currently no employees in the company. I want to develop the company stably for a while before recruiting more personnel, but I wonder if my company needs to have an accountant at the time of establishment?
In some cases, despite making mistakes related to invoices, accountants are not fined but are only punished in the form of warnings, including the following mistakes.
Violations against regulations on invoices shall be administratively handled according to Decree No. 109/2013/NĐ-CP, Decree No. 49/2016/NĐ-CP of Vietnam’s Government and Circular No. 10/2014/TT-BTC of the Ministry of Finance of Vietnam based on the severity of the violation.
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