Vietnam: Instructions for signing accounting documents for person suffering from complete vision loss

17:01, 01/01/2017

This is an important content specified in Decree No. 174/2016/NĐ-CP of Vietnam’s Government on elaboration of some Article of the Law on Accounting of Vietnam.

According to Decree No. 174/2016/NĐ-CP of Vietnam’s Government, in the cases where a person suffering from complete vision loss has to sign an accounting record, the signing must be witnessed by a sighted person assigned by the accounting unit that issued such record. A person suffering from partial vision loss shall sign accounting records in accordance with provisions of the Law on Accounting of Vietnam.

Also according to Decree No. 174/2016/NĐ-CP of Vietnam’s Government, accounting records must be made in a clear, complete, timely, and accurate manner. To be specific:

- A business accounting unit may design its own accounting records as long as they are conformable with provisions of Clause 1 Article 16 of the Law on Accounting of Vietnam.

- Accounting units using electronic documents may use digital signatures in accounting.

- Primary contents of accounting records in foreign languages used for recording accounting books and preparing financial statements in Vietnam must be translated into Vietnamese language in accordance with Clause 1 Article 16 of the Law on Accounting of Vietnam.

View more details at Decree No. 174/2016/NĐ-CP of Vietnam’s Government, effective from January 01, 2017.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE

46 lượt xem

- The legal regulations in this article are according to Vietnamese Law;
- This English translation is for reference purposes only and not a definitive translation of the original Vietnamese texts;
- Articles may be compiled from a variety of sources;
- Applicable Terms may have expired at the time you are reading;
- If you have any questions about the copyright of the article, please contact us via email banquyen@lawnet.vn