Circular 107/2014/tt-Btc: The Accounting Guidance Applies To Oil And Gas Operators

Original Language Title: Thông tư 107/2014/TT-BTC: Hướng dẫn kế toán áp dụng cho Người điều hành dầu khí

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Circulars applicable accounting for oil and gas operators _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ accounting Law base on 17 June 2003;
Pursuant to the Petroleum Act June 7, 1993 and the law amending and supplementing a number of articles of the law of oil and gas in 2000, the law on amendments and supplements to some articles of the law of oil and gas in 2008;
Pursuant to Decree No. 129/2004/ND-CP 31tháng 5, 2004 of the Government detailing and guiding the implementation of some articles of the law of accounting in business activities;
Based on the Decree 33/2013/ND-CP on April 22, 2013 of the Government issued the contract model of oil and gas production sharing contracts;
Pursuant to Decree No. 215/2013/ND-CP on December 23, 2013 of government functions, tasks, powers and organizational structure of the Ministry of finance;
Pursuant to decision No. 40/2007/QD-TTg dated 21 March 2007 by the Prime Minister on the tidy fixed constructions, equipment and facilities to serve the oil and gas activities;
At the suggestion of the Director of audit and accounting regime, the Minister of Finance issued circulars applicable accounting for oil and gas operators.
Chapter I GENERAL PROVISIONS article 1. Scope, application object 1. Scope-this circular the provisions of accounting for oil and gas operators. The content is not specified in this circular, the oil and gas Executive made in accordance with the accounting Law and the text of the guidance law of accounting; Enterprise Accounting mode issued decision No. 15/2006/QD-BTC dated 20/3/2006 of the Minister of finance, circular No. 244/2009/TT-BTC on December 31, 2009 and the revised guidance documents, supplements, alternative modes of business accounting (hereinafter referred to as the accounting mode existing business).
-Oil and gas operators apply the prescribed account system in accounting mode and the existing business account modification, addition of this circular to accounting consistent with operational characteristics and regulatory requirements.
2. Subjects of application this circular apply to oil and gas operator, joint operating company (collectively referred to as The petroleum operating) representing the parties to the contract to conduct oil and gas search, exploration and exploitation of oil and gas in Vietnam.
Article 2. Explain the words oil and gas Executive Who is the Organization, individuals representing the party engaged in petroleum contracts, operating activities in authorized range.
The acronym JOC, POC and PSC in this circular are interpreted as follows: 1. The JOC: is the company General operating form. According to oil and gas contracts the parties contractors agree to establish a joint operating company, acting as agents representing parties to the contract to conduct the activities of exploration, search, development, exploitation of oil and gas in an area of contracts, operate as a single operator on behalf of the contractor performing parties rights and obligations within is authorized under general operating agreement and in accordance with the decisions of the Management Committee.
2. the PSC: the Division is the product by which the parties had sent out a moderator for the contract, executives will on behalf of the parties involved, which made the exploration, search, due diligence, development and exploitation of oil and gas under the powers Agreement and according to the provisions of the contract product division.
3. POC: is the form of the contract which the parties joint operating contractor agreed to establish a petroleum operating company due to the Vietnam oil and gas Corporation's representative to Vietnam (PVN) stands out as the operator.
Article 3. The handwriting used in accounting 1. The case of the petroleum contract regulating the use of writing as a foreign language, then follow the regulation of oil and gas contracts and must be translated into Vietnamese when there are specific requirements of State administration.
2. in case of non-regulated oil and gas contracts the handwriting used in writing the use of accounting on accounting, accounting and financial reporting in Vietnam is Vietnamese. If you need to use a foreign language must be used simultaneously both Vietnamese and foreign languages.
Article 4. The currency used in accounting 1. The case of the petroleum contract has provisions on the currency used in accounting shall follow the provisions of the petroleum contracts.
2. in case of oil and gas contracts did not rule on the currency used in accounting, the unit of currency used in accounting and be subject to the provisions of the law on accounting and accounting Law Guide text.
Chapter II the ACCOUNTING GUIDANCE APPLIES to OIL and GAS OPERATORS article 5. Account accounting system 1. Oil and gas operators apply accounting account system issued under the accounting mode current business with this modification, the addition of a number of accounts, rename some accounts following accounting: a) 246-account supplement "costs of search, exploration, amount of due diligence". This account is used to reflect the cost of search, exploration, oil and gas jurisdiction and settlement situation the cost of search, exploration, oil and gas jurisdiction. The cost of the search, exploration, jurors in the oil and gas contracts are monitored in detail each oil and gas contracts.
b) 247-account supplement "costs of developing the mine". This account is used to reflect the cost of developing oil and gas deposits and settlement situation investment value of mining development in the oil and gas contracts.
c) 248-account supplement "extraction costs". This account is used to reflect the costs incurred in oil and gas exploration phase of each oil and gas contracts.
d) 249-account supplement "costs are not recovered": this user account to reflect the costs incurred in the search phase, exploration, beauty salons; the mine development phase and the phase of exploitation but are not allowed to recover under the provisions of the petroleum contracts and the costs of crashes, eliminated in the course of the audit report audit of the Vietnam oil and gas Corporation.
additional account) 251-"costs had recovered": this account reflects the cost was recovered through a cost recovery oil on the basis of the genus before the previous recall under regulations of the oil and gas contracts.
e) 341-account name changed to "long term Loan" into "the capital of the other contractors-party": this user account to reflect the amount of money contributed by the parties to the other contractors are not the mother-company executives to the contract under the provisions of the petroleum contracts. 341 account-capital of the other contractors in the party is open to two-level accounts are as follows:-3411-capital accounts of the other contractors-party: this user account to reflect the number of contractors involved parties to contract under the provisions of the petroleum contracts.
-3412-account recovery capital of the other contractors-party: this user account to reflect the amount of capital contributed by the parties to the contract bidders has been recovered through the oil cost recovery on the basis of the genus before the previous recall.
g) 411-account name Change "business capital" into "the capital of the parent company-Executive". This account reflects the existing situation and the situation of increase and decrease of capital's parent company-operated in accordance with petroleum contracts. 411 account-capital of the parent company-moderator is open to two-level accounts are as follows:-4111-account "capital of the parent company-Executive": this user account to reflect the parent company's capital – executives donate to under the provisions of the petroleum contracts.
-4112-account "to revoke capital of the parent company-Executive": this user account to reflect the amount of capital contributed by the mother-company executive Who has been recovered through the oil cost recovery on the basis of the genus before the previous recall.
h) 642-account name Change "cost management" to "General administrative expenses". This account reflects the cost of the Administration, the administration of oil and gas operators arising in the period.
2. Accounting accounts system apply to petroleum Executive with the amendment, the above mentioned supplements issued in annex No. 1 attached to this circular. The oil and gas Executive cases have arisen in other economic activities, the related account is used outside the system account is specified in this circular but is located in the account system of accounting prescribed in accounting mode current business does not need the Finance Ministry proposal approved.
Article 6. Cost accounting search, exploration, amount due diligence 1.246-account costs, exploration, search appeals amount to reflect the cost of search, exploration, oil and gas jurisdiction arises in the course of the search, exploration, oil and gas jurisdiction. The cost of the search, exploration, oil and gas jurisdiction be monitored in detail each oil and gas contracts.
2. Accounting principles a) search costs, exploration, oil and gas jurisdiction is the costs incurred for the purpose of search engines, the oil and gas potential assessment, determine the existence and potential reserves of oil and gas extraction in the scope object (seams, formation) structural cluster, lot, or hot sediment include: preparing the work, geological survey, geophysical, geochemical and other surveys; the analysis and research, drilling, oil well closed; try the seams; completion of wells; repair of wells; destruction of wells; the planning appeals and other work. The cost of the search, exploration, amount of due diligence could include:-costs related to collecting material on geophysical, geochemical, geological, topographic and layer data collection processing including drilling, processing, analysis and intelligent data award;
-Labor costs, raw materials, supplies, fuel reserves, equipment and services used in the drilling of exploratory wells and wells appeals the amount;
-General administrative expenses are allocated to the activity search, exploration, oil and gas jurisdiction;
-Other costs directly related to the stage of the search, exploration, oil and gas jurisdiction.
b) where oil and gas contracts the regulations below are recorded reducing the cost of search, exploration, energy assessors then petroleum Executive made scoring reduces costs of search, exploration, energy assessors (after having to fulfill the obligations with the State budget according to the provisions of the law-if available) :

-Revenues from oil, gas exploitation, be used to offset the cost of the search, exploration, oil and gas jurisdiction;
-The revenues from insurance or compensation directly related to activity search, exploration, oil and gas jurisdiction;
-The revenue from the lease to a third party, use the property directly related to the activity search, exploration, oil and gas jurisdiction;
-Collect number from the liquidation of assets directly related to the activity search, exploration, oil and gas jurisdiction;
-Other revenues directly related to the activity search, exploration, oil and gas jurisdiction.
The case of the accounts receivable is stated on related activities and could not own dissection for each operation such as search, exploration, beauty salons; development activities and operations, the executives of oil and gas distribution of currency notes and reduce costs (including the cost of the search, exploration, appeals, cost of developing the mine and mining costs) according to the template suitable for every oil and gas contracts and operational characteristics of the oil and gas Executive.
c) When oil and gas contract expiry, who runs operations of oil and gas are all payment of the search fee, the amount and the number of jurors, exploration costs were recovered. Part of the difference between the cost of the search, exploration, provincial superior of the actual cost recovery recorded decreases in the shares of the parties.
d) petroleum Executive to gather and track details the costs of search, exploration, jurors can be recovered and costs were not recovered by the petroleum contracts. The oil and gas Executive who opened the account details, level 2, level 3 of 246 accounts-search costs, exploration, appeals the amount consistent with regulatory requirements.
3. The content, structure and methods of accounting account 246-search costs, exploration, appeals the amount Debt Party: the expenses related to the activity search, exploration, oil and gas jurisdiction arises in the States.
Parties:-other revenues are recorded reducing the cost of search, exploration, energy assessors.
-The transfer of the cost of the search, exploration, appeals the amount at the end of the oil contract.
The party balance of the debt: the cost of search, exploration, appeals the amount estimated at the time of the report.
4. cost accounting methods search, exploration, appeals the amount a) When incurred the costs of search, exploration, appeals the amount related to the oil and gas contract as cost of Geology-Geophysics; the cost of drilling, record: 246-TK Debt costs, exploration, search appeals the amount Owed TK 133-VAT was deductible has 111, 112 331, TK.
b) where under the provisions of the petroleum contracts, materials, tools and instruments buy about don't count always on search costs, exploration, energy assessors which recorded only costs when put to use for the purposes of search, exploration, oil and gas, the amount of due diligence when buying to do accounting and warehousing procedures under current rules. When I export the repository of materials, tools, and materials used for the search operation, exploration, appeals the amount, record: 246-TK Debt cost of search, exploration, energy assessors Have the TK 152.153.
c) periodic allocation of costs general administrative management on costs, probing search, due diligence, Debt record: 246-TK costs search, exploration, energy assessors Have TK 642-general administrative expenses.
d) accounting the proceeds from insurance or compensation claims related to the oil and gas activity, the revenue from the lease to a third party, use of property ownership, the account adjusted to receive from the vendor are related to poor quality materials, or not properly , which had previously been recorded on costs; currency from the liquidation, the assets which had previously been recorded on costs but no longer required for use in the oil and gas activities and other earnings are directly related to the activity search, exploration, oil and gas jurisdiction (after the implementation of the obligations under the provisions of the law-if available) recorded rising costs search , exploration, appeals the amount under the provisions of the petroleum contract, record: 111, 112 Have debt-the TK TK 246-search costs, exploration, appeals the amount (if recorded steady recovery costs) Are TK 338-pay, to be paid (If must return to the PVN) Have TK 33311-output Vat payable (if any) e) at the end of the petroleum contract The oil and gas Executive, made the move of the search costs, exploration, the amount has been recovered, scoring: 251-cost TK Debt had recovered Has 246-search costs for TK, exploration, energy assessors.
g) at the end of the petroleum contract, case costs, exploration, search appeals the amount incurred higher costs have been recovered, the variances are recorded reducing the capital of the party, write: debt the TK TK Has 246-4111, 3411 costs search, exploration, energy assessors.
Article 7. Mine development cost accounting 1.247 account-mine development costs are used to reflect the costs of development of oil, gas. Mine development costs are monitored in detail each oil and gas contracts.
2. Accounting principles a) mine development costs is the full direct costs and indirect costs related to development activities in one or more of the oil seams in a development area of each oil and gas contracts, including: – The costs related to the drilling and completion of development wells , such as: the cost of public geological survey Web server design, drilling wells and other costs related to the work of other drills in the development stage;
-The cost of building the mine development, such as the cost of crude design, mapping of mining technology, design and construction staging technology, piping systems, feasibility studies, design and technology, the costs related to the mine development phase;
-The costs, such as labor, consumables and services not worth the advantage again in the process of drilling and deep drilling more wells;
-General administrative expenses are allocated to the development of mining activities;
-Other costs directly related to the development of mining activities.
b) where oil and gas contracts the clause stated below are recorded reducing the development costs, the oil and gas Executive Who made the record decrease development costs according to the provisions of the petroleum contract (after full implementation of the obligations with the State budget according to the provisions of the law-if available) :-revenues from oil, gas exploitation, be used to offset the costs of developing the mine;
-The revenues from insurance or compensation directly related to mine development activities;
-The revenue from the lease to a third party, use the property directly related to mine development activities;
-Collect number from the liquidation of assets directly related to the development of mining activities;
-Other revenues directly related to the development of mining activities.
The case of the accounts receivable is stated on related activities and could not own dissection for each operation such as search, exploration and development activities, the provincial mines and mining activities in the oil and gas operators to allocate the number of currency and reduced record (including the cost of searching jurors, exploration, evaluation, development costs and the costs of extraction) as suitable to each petroleum contracts and operational characteristics of the oil and gas Executive.
c) When oil and gas contract expiry, who runs operations of oil and gas are all payment of development costs and the costs were recovered. Part of the difference between the cost of developing the mine is higher than the number of actual cost recovery recorded decreases in the shares of the parties.
d) petroleum Executive to gather and track details the costs of developing the mine can be recovered and costs were not recovered by the petroleum contracts. The oil and gas Executive who opened the account details, level 2, level 3 of 247 account-mine development costs match the asking of his management.
3. The content, structure and 247 account accounting methods-Debt Party mine development expenses: the expenses related to the development of mining activities the petroleum contract arising in the period.
Parties:-The transfer of the cost of developing the mine when the gas oil contract ends;
-Other revenues are recorded reducing the cost of developing the mine.
The party balance of the debt: the mine development cost estimated at the time of the report.
4. cost accounting methods developed a mine) When incurred the costs directly related to the activities of mining and development record: 247-TK Debt costs of developing the mine Owed TK 133-VAT was deductible has 111, 112 331, TK.
b) where under the provisions of the petroleum contracts, materials, tools and instruments buy about don't count always on mine development expenses that are only recorded on costs when put to use, then buying back stock and import procedure to do accounting under current rules. When I export the repository of materials, tools, and materials for mine development activities, record: 247-TK Debt costs of developing the mine contains the TK 152.153.
c) periodic allocation of costs general administrative management on the cost of developing the mine, record: 247-TK Debt costs of developing the mine there are 642-TK costs general administrative management.
d) accounting the proceeds from insurance or compensation claims related to the oil and gas activity, the revenue from the lease to a third party, use of property ownership, the account adjusted to receive from the vendor are related to poor quality materials, or not properly , which had previously been recorded on costs; currency from the liquidation, the assets which had previously been recorded on costs but no longer required for use in the oil and gas activities and other earnings are directly related to the development of mining activities (after the implementation of the obligations under the provisions of the law-if available) recorded rising costs of mining development Notes: the Debt, 111, 112 Have TK TK 247-mine development costs (if credited the recovery cost) there are TK 338-pay, to be paid (If must return to the PVN) Have TK 33311-output Vat payable (if any) e) at the end of the oil contracts, oil and gas operators made the move of mine development cost has been recovered TK-251: debt, record the costs recovered Have TK 247-mine development costs.
f) at the end of the oil contract, the case of the mine development costs incurred higher costs have been recovered, the variances are recorded reducing the capital of the party, write: debt the TK TK Available 247-4111, 3411 development costs.

Article 8. Accounting period of exploitation 1. 248 account-the cost of extraction is used to reflect the costs incurred in oil and gas exploration stage.
2. Accounting principles a) costs of exploitation are all the direct and indirect costs are allocated, arising in the process of extraction of crude oil and natural gas in the oil and gas contracts include the general expenses and administrative costs can be allocated into the cost of exploitation according to the regulations of the oil and gas contracts. Mining costs can include:-the cost for the operation and maintenance of the facilities required and schedule, control;
-The cost of measurement, try seams and call line, collectors;
-The cost of handling, storing and transporting crude oil and natural gas from the oil tank to the delivery point;
-General administrative expenses are allocated to mining activities;
-The cost of clean up the mine;
-Other costs directly related to mining activities.
b) where oil and gas contracts the clause stated below are recorded reducing the costs of extraction, the oil and gas Executive Who made the record falling mining costs according to the provisions of the petroleum contract (after full implementation of the obligations with the State budget according to the provisions of the law-if available) :-revenues from oil, gas exploitation, be used to offset the costs of extraction;
-The revenues from insurance or compensation directly related to mining activities;
-The revenue from the lease to a third party, use the property directly related to mining activities;
-Collect number from the liquidation of assets directly related to mining activities;
-Other revenues directly related to mining activities.
The case of the accounts receivable is stated on related activities and could not own dissection for each activity, such as: search, exploration, beauty salons; development activities and operations, the executives of oil and gas distribution of currency notes and reduce costs (including the cost of the search, exploration, appeals, cost of developing the mine and mining costs) according to the template suitable for every oil and gas contracts and active characteristics of executives.
c) periodically, the oil and gas operators must pay a deposit for the host country (represented as Vietnam oil and gas Corporation-PVN) to extract funds guarantee financial obligations to clean up the mine, pay and is calculated on the cost of extraction. The case of the money extracted funds greater than the actual costs incurred related to the clean up the mine, the part of the Fund not expended are recorded reducing the costs of extraction (if not yet recovered most of the cost) or reflected as accounts payable to the parties in the oil and gas contracts.
d) When oil and gas contract expiry, who runs operations of oil and gas are all payment of costs and the number of mining costs have been recovered. Part of the difference between the cost of extraction is higher than the number of actual cost recovery recorded decreases in the shares of the parties.
oil and gas operators) must gather and track details the costs of extraction can be recovered by the petroleum contracts. The oil and gas Executive who opened the account details, level 2, level 3 of 248 account-mining costs match the asking of his management. The oil and gas executive-level account to track private capital charges and costs incurred in the period of the period of exploitation.
3. The content, structure and 248 account accounting methods-Debt Party mining costs: the expenses related to the extraction of oil and gas contracts arising in the period.
Parties:-The transfer of costs at the conclusion of the contract of tapping oil and gas;
-Other revenues are recorded reducing the costs of extraction.
The party balance of the debt: the extraction costs estimated at the time of the report.
4. cost accounting method of exploiting a) When incurred the expense directly related to mining activities, record: TK 248 Debt-Debt mining cost TK 133-VAT was deductible Has the TK 111, 112, 331.
b) where under the provisions of the petroleum contract of raw materials, the purchase of tools tools not included into the cost always harness that recorded only on costs when put to use when purchased on the importing procedure to do accounting and inventory under current rules. When I export the repository of materials, tools, and materials used for mining operations, record: TK 248-Debt costs of extraction Have the TK 152.153.
c) periodic allocation of costs general administrative management in mining costs, record: TK 248-Debt costs of extraction Have TK 642-general administrative expenses.
d) accounting the proceeds from insurance or compensation claims related to the oil and gas activities, the number of currency from the third party for the use of property ownership, the account adjusted to receive from the vendor are related to poor quality materials, or not properly , which had previously been recorded on costs; currency from the liquidation, the assets which had previously been recorded on costs but no longer required for use in the oil and gas activities and other earnings are directly related to mining activity (after the implementation of the obligations under the provisions of the law-if available) recorded rising mining costs Notes: the Debt, 111, 112 Have TK TK 248-costs of extraction (If recorded steady recovery costs) Are TK 338-pay, to be paid (if paying for the PVN) Have TK 33311-output Vat payable (if any) e) when establishing the financial obligations of guarantee Funds for the clean up of fixed constructions , equipment and facilities, record: TK 248-Debt costs of extraction Have TK 335-costs are charged.
f) at the end of the Pack, if the Fund ensure financial obligations not used up most of the remaining Funds will be treated as follows: – where the parties contractors not yet recovered most of the cost, the remaining Funds are recorded reducing the costs of extraction, burn: 335-TK Debt costs are charged Have TK 248-the cost of extraction.
-Where the parties contractors had recovered most of the cost, the remaining Fund after it has paid the interest for the host country are reflected as other accounts payable for the parties, according to each specific case: + If the petroleum operating on behalf of the party filed the State budget interest section hosts enjoy , write: debt-paying costs 335 TK Have TK 333-tax and accounts payable (interest section of the host country enjoy) 338-other pay TK Has.
+ If the PVN retained interest portion the host country enjoy, write: debt-paying costs 335 TK Have TK 244-escrow, signing of a bet (the interest rate of the host country enjoy) 338-other pay TK Has.
g) at the end of the oil contracts, oil and gas operators perform the transfer of mining costs have been recovered, scoring: 251-cost TK Debt had recovered Have TK 248-the cost of extraction.
h) at the end of the petroleum contract, case extraction costs incurred higher costs have been recovered, the variances are recorded reducing the capital of the party, write: debt the TK TK Has 248-4111, 3411 costs of extraction.
Article 9. Accounting costs not recovered 1. 249-account costs are not recovered is used to reflect the costs not recoverable under the provisions of the petroleum contracts and the costs of crashes, eliminated in the course of the audit report audit of the Vietnam oil and gas Corporation.
2. Accounting Principles The petroleum executives to gather and track details the costs not recovered by the search phase, exploration, beauty salons; stage of development, oil and gas exploration stage. The oil and gas Executive who opened the account details, level 2, level 3 of 249 account-costs not recovered fit his requirements.
3. The content, structure and methods of the accounts accounting 249-costs not recovered the Debt Party: the expenses are not recovered by the search phase, exploration, beauty salons; stage of development and oil and gas extraction stage arise in States.
Parties:-The costs not recovered enough to meet the conditions prescribed by the law and petroleum contracts and be re classified as recovery costs;
-Reduce costs not recovered when the petroleum contract ends.
The party balance of the debt: costs not recovered estimated at the time of the report.
4. cost accounting methods were not revoked a) When the costs in the exploration phase, jurors; the development phase, the exploitation phase is defined as the costs were not recovered, scored 249 – TK: debt costs not recovered Have the TK 248.246, 247,
b) When the expenses are not recovered enough to meet the conditions prescribed by the law and petroleum contracts was classified as recovery costs, record: 246, 247, 248 TK Debt Has not cost 249 – TK recovered.
c) at the end of the petroleum contracts, accounting records reduce costs not recovered and the amount of capital contributed by the parties, the TK 3411, Debt record: 4111 Have TK 249-costs are not recovered.
d) When liquidation of materials, tools and instruments remain unpublished inventory for the petroleum operations: – where the proceeds from the liquidation is under logging value of materials, tools, record: 111, 112, TK is the Debt of 131 ... The number of currency from the liquidation of the debt-cost 249 non-TK was recovered (the difference between the number of currency from the liquidation logging NVL value smaller, CC, DC liquidation) Have the TK 152, 153 (NVL logging values, CC, DC liquidation) Are TK output Vat-3331 to file (if available)-the case of the proceeds from the liquidation value greater than logging materials tool, instrument, record: 111, 112, TK is the Debt of 131 ... The number of currency from the liquidation Are the TK 152, 153 (NVL logging values, CC, DC liquidation) 249-no costs for TK Have been recovered (the difference between the number of currency from the liquidation value greater than logging NVL, CC, DC liquidation) Are TK output Vat-3331 to file (if any) article 10. Cost accounting had recovered 1.251-account costs recovered is used to reflect the costs of the search phase, exploration, beauty salons; the development stage and the stage of exploitation of oil and gas have been recovered through cost recovery oil allocated from the actual oil production (not including oil interest) in each quarter. Oil and gas activity costs are recovered on the basis of the genus before the previous recall.
2. Accounting Principles

Oil and gas executives to gather and track details the costs were recovered by the search phase, exploration, beauty salons; stage of development and oil and gas extraction phase. The oil and gas Executive who opened the account details, level 2, level 3 of 251-account costs recovered fit his requirements.
3. The content, structure and 251 account accounting methods-Debt Party had recovered costs: The transfer costs were recovered by the search phase, exploration, beauty salons; stage of development and oil and gas extraction phase when the petroleum contract ends.
Parties: the expenses were recovered by the search phase, exploration, beauty salons; stage of development and oil and gas extraction stage arise in States.
Lateral balance: the number of cost recovered at the time of the report.
4. cost accounting method had recovered a) When contractors cost recovery petroleum operations through cost recovery oil, burn: debt recovery Fund-3412 TK of the parties contractors Owed TK 4112-equity recovery of mother-company executives Have TK 251-costs were recovered.
b) at the end of the oil contracts, oil and gas operators perform the transfer of costs were recovered, scoring: 251-cost TK Debt had recovered has 246, 247, 248 TK.
Article 11. Business income tax accounting 1. Accounting principles a) oil and gas operators must fulfill the obligation of the enterprise income tax for the income account or the account are recorded reducing the costs arising in the period as prescribed by applicable law.
b) enterprise income tax (TNDN) must submit accounting is deductions on income arising in the period. As for the revenues are recorded reducing the cost of search, exploration, beauty salons; development costs and the costs of extraction in accordance with the contract of petroleum, the oil and gas Executive Who just made the record falling after the business-income tax (if the tax legislation stipulates that revenues in taxable object).
2. Methods of enterprise income tax accounting-When there arises the earnings subject to tax oil and gas Executive, reflecting tax payable, record: the Debt Has 711, 515 TK TK 3334-Cit to file.
-For revenues are recorded reducing the cost of search, exploration, appeals, development costs and the costs of extraction, after corporate income tax under the provisions of the law (if any), write: the Debt 112, 111, 131 TK, there are 138 TK 246 247 248 There, TK, 3334-Cit to file (if available).
-When submitting funds to the State budget, record: 3334-TK Debt Cit to file contains the TK 111, 112.
Article 12. Accounting tax deduction value (VALUE ADDED) in the extraction stage 1. In the extraction stage have the revenue from the sale of oil, gas, when the input VAT incurred are deducted, the oil and gas operators are deductible VAT number into the output to file. The case of the oil and gas Executive Who just make the tax declaration for the contractors but not directly submit the output VAT, based on the tax return, record: 138 other receivable debt-TK-TK Has 133-input Vat was deductible.
2. When there is a decision of the parties to the contractor about the record falling shares as capital contribution rate for deducting VAT number, write: debt capital-4111 TK of mother company-who runs the debt capital-3411 of TK the parties for other contractors TK other receivable-138.
3. The provisions relating to VAT accounting to comply with the provisions of accounting mode of current business.
Article 13. Accounting equity contributed by the side of the contractor 1. The principle of equity recorded a) oil and gas operators to track the account capital receive details for each contractor in each side of the oil and gas contracts on the basis of the actual capital contributed.
b) for oil and gas operators form a common operating company POC or be hired as executives of oil and gas (not to participate in the capital contribution contract oil and gas), the oil and gas Executive noted the account which of the parties into account contractors 341-capital of the parties to the other bidders.
c) for oil and gas operators operating under the provisions of the petroleum contract under the JOC and the PSC, the acknowledged capital of the parties are made according to the guidelines:-shares of parent-company executives to be recorded as the owner's capital and equity accounting contributions received to the account of the company's capital-411 parents-People operator.
-Shares received from the other party in the contract are recorded as liabilities and accounting into account which of the parties-341 other bidders.
d) at the end of the oil contracts, oil and gas operators must record the capital reduction of the parties with respect to the number of oil has cost recovery and cost have yet to be recovered.
2. Structure and content of the reflection of 341 accounts-capital of the other contractor side a). The structure and content reflect the account's equity-3411 of the Party on the other side of the contractors Owe: a capital contributed by the parties to the other contractors lose due to recovery of capital at the end of the oil contract.
Parties: the actual amount of the capital contribution by the parties of the other contractors arising in the period.
Lateral balance: actual amount capital contribution of the parties to the other contractors at the time of the report.
b) texture and content reflect the account's 3412-payback of the other contractors in the Debt Party: Party of the capital contributed by the parties to the other contractors are recovered through the oil recovery of costs incurred in the period.
Parties: The transfer of capital has recovered through cost recovery oil to reduce capital by parties other bidders at the end of the oil contract.
The party balance of the debt: amount of capital contributed by the parties to the other contractors are recovered through cost recovery oil until the time of the report.
3. The structure and content of the accounts reflect the 411-capital of the parent company-who runs a) structure and content reflect the account's equity-4111 of mother company-Debt Party Moderator: amount of capital contributed by the mother-company executives to reduce due to recovery of capital at the end of the oil contract.
Parties: real capital contribution amount of parent-company executives in States.
Lateral balance: actual amount capital contribution of the parent company--executives at the time of the report.
b) texture and content reflect the account's 3412-payback of the other contractors in the Debt Party party: the capital of the parent company-operator are recovered through the oil recovery of costs incurred in the period.
Parties: The transfer of capital has recovered through cost recovery oil to reduce the capital of the parent company-executives when petroleum contract ends.
The party balance of the debt: amount of capital contributed by the mother-company executives are recovered through cost recovery oil until the time of the report.
4. Method of accounting equity contributed by the parties to a) When oil and gas operators receive capital contribution of the parties in the oil and gas contracts:-the case of a participant which is specified and approved petroleum Executive on behalf of the contractor to perform the work and obligations under the provisions of the contract then, when the capital of the contractors, party record: TK 111.112 TK Have 3411 debt-equity of the other contractors-party (the respective shares of the parties to the contract contractor-details for each contractor in) 4111-equity for TK Have of mother company-executives (the respective shares of the parent company-operated in accordance with petroleum contracts).
-The case of the oil and gas Executive Who is general operating company was founded to represent the parties involved raising capital and parties, which together sent participants to the General Executive or executives of oil and gas are the parties involved had hired to run the search activities jurors, exploration, evaluation, development and oil and gas extraction activities, when the capital of the contractors, party record: 112-TK Debt bank deposits Have TK 3411-capital of the parties to the other bidders.
b) revenues from interest on deposits (after national service with the State budget) if the record capital increase contributed by the parties, the record: 515-TK Debt financial operations revenue Has equity-3411 TK of other bidders (the other parties are entitled to) have the TK of capital-4111 parent company-executives Have TK 333-tax and accounts payable.
c) where other revenues (revenues are recorded reducing the cost) as stipulated in the contract of oil and gas after national service with the State budget was recorded an increase of capital contributed by the parties, write: the Debt other income-711 TK TK 3411-capital of the parties other contractors Have TK equity of the company-4111 mother-Executives Have TK 333-tax and account payable to the State.
d) periodically recorded of which had recovered through cost recovery oil, burn: debt recovery Fund-3412 TK by the side of other contractors Owed TK 4112-equity recovery of mother-company executives Have TK 251-costs were recovered.
DD) during the period of exploitation revenues from the sale of oil, gas, when the input VAT incurred are deducted, the oil and gas operators are deductible VAT number into the output to file. When determining the tax in the period, oil and gas operator based on tax accounting record falling shares of the parties to the contractor according to capital contribution rate for deducting VAT number, write: debt capital-4111 TK of mother company-who runs the debt capital-3411 of TK the parties for other contractors TK 133-input Vat was deductible.
e) at the end of the petroleum contracts, accounting record falling equity contributed by the respective parties with capital contribution has been recovered, scoring: debt capital-3411 TK of the parties to the other contractors (the respective shares of the parties to the contract contractor-details for each contractor in) 4111-equity debt-TK of mother company-executives Have TK 3412-divestment of the other contractor side TK 4112-equity recovery of mother-company executives.
f) at the end of the petroleum contract, case costs of oil and gas activity has not been revoked, the person operating the oil and gas capital reduction record of the parties correspond to costs not yet recovered, scoring: debt capital-4111 TK of mother company-executives-3411 capital of TK Debt parties other contractors Have the TK 246 , 247, 248.

g) at the end of the petroleum contracts, accounting records reduce costs not recovered and the amount of capital contributed by the parties, the TK 3411, Debt record: 4111 Have TK 249-costs are not recovered.
h) When returning the money raising capital for parties, write: debt capital-3411 TK by the side of other contractors Owed TK 4111-capital of the parent company--executives Have TK 112-bank deposits.
Article 14. Asset liquidation accounting 1. Accounting principles a) oil and gas operators are responsible for the transfer of the asset to the Vietnam oil and gas group (PVN) after it has recovered most of that cost is no longer required for oil and gas activities. The case doesn't get this property, the PVN executives of oil and gas may be liquidated, all arising from the sale of these assets will be charged for the PVN.
b) where oil and gas operating expenses not yet recovered off but the property no longer required for oil and gas activities, subject to the approval of the PVN, petroleum operators can decide the property there. The number of currency from the liquidation, assignment of selling these assets are recorded reducing the cost recovery of oil and gas activities (after the implementation of the obligations under the provisions of tax legislation – if available).
c) where oil and gas contracts prescribed materials, tools are only calculated in the cost recovery when used for oil and gas activities, if the materials, tools and instruments not yet used for oil and gas activities also inventory that is no longer necessary to use for oil and gas activities , executives can liquidate (as required by the contractor), the difference between the proceeds from the liquidation than the logging value of raw materials, tools, instruments recorded costs are not recovered.
2. accounting method a) case costs have yet to be recovered, the number of currency from the liquidation of assets after deducting the expenses incurred for hefty processing operations, sell, and service to the State budget (if any), write: the Debt 112, 111 have TK TK 331 There are 333, 246, 247, 248 TK.
b) where oil and gas operating expenses has been recovered off the prescribed, number of currency from the liquidation of assets after deducting expenses incurred for hefty processing operations, sell and implement the obligations under the provisions of tax legislation (if any) are transferred to the PVN Notes: the Debt, TK 112, 111 Have the TK 331, 333-338, TK Had to submit (details are charged for PVN).
c) When liquidation of materials, tools and instruments remain unpublished inventory for the petroleum operations: – where the proceeds from the liquidation is under logging value of materials, tools, record: 111, 112, TK is the Debt of 131 ... The number of currency from the liquidation of the debt-cost 249 non-TK was recovered (the difference between the number of currency from the liquidation logging NVL value smaller, CC, DC liquidation) Have the TK 152, 153 (NVL logging values, CC, DC liquidation) Are TK output Vat-3331 to file (if available).
-The case of the proceeds from the liquidation value greater than the number of materials, tools, record: 111, 112, TK is the Debt of 131 ... The number of currency from the liquidation Are the TK 152, 153 (NVL logging values, CC, DC liquidation) 249-no costs for TK Have been recovered (the difference between the number of currency from the liquidation value greater than logging NVL, CC, DC liquidation) Are TK output Vat-3331 to file (if available).
-Where the parties the contractor decided to use the disparity between the number of currency from the log processing and value of the materials, tools and instruments to adjust the account equity, record: + case proceeds from the liquidation value greater than the number of materials, tools and instruments the accounting move, variances are noted in the costs not recovered to record the capital increase of the party: 249 – TK Debt costs not recovered Have the TK 3411, 4111.
+ The case proceeds from the liquidation is under logging value of materials, tools and instruments, the accounting move variances are noted in the costs not recovered to record the capital increase of the party: the debt the TK TK Has 249 4111, 3411-costs are not recovered.
Article 15. Other revenues accounting 1. Accounting principles a) revenues other than the provisions of the contract may include:-Currency deposit interest rates;
-Income gifts, gifts of the individual, the Organization donated;
-Other revenues.
b) other revenues are recorded as other income or turnover of the financial activity. After deducting the related expenses and service with State budget (if any), the revenues are increasing capital contributed by the parties to the oil and gas contractor unless the petroleum contract provisions are recorded reducing the operational costs of oil and gas.
2. accounting a method of accounting) interest on bank deposits – when incurred interest on bank deposits, write: the Debt 112, Had 138 TK TK 515-financial operations revenue.
-Reflect the tax payable (if any), write: debt TK 515-financial operations Had revenue of TK 3334-Cit to file.
-Noted the amount of capital contributed by the parties raises the interest rate corresponds to the number of bank deposits, record: 515-TK Debt financial operations revenue Has equity-4111 TK of mother company-executives Have 3411-capital of TK the parties to other contractors.
-The case of the petroleum contracts regulations interest rate bank deposits are recorded reducing the cost of oil and gas activity, record: 515-TK Debt financial operations Had revenue of 246, 247, 248 TK.
b) other revenues accounting-When other revenues arise in addition to the provisions of the petroleum contract as income gifts, gifts by the money of individual organizations, other earnings, record: the Debt 112, 131 Had TK TK 711-other income.
-Reflect the incurred costs related to the earnings, record: 811-other costs TK Debt Have the TK 112, 331.
-The transfer of other income and other expenses to determine the net income, record: 711-other income debt-TK TK 811-other costs There.
-Reflect the tax payable, record: TK-711 other income Debt Have TK 3334-Cit to file.
-Noted the amount of capital contributed by the parties increase corresponds to the number of other income, record: 711-other income debt-TK TK 4111-which Has of mother company-executives Have 3411-capital of TK the parties to other contractors.
-The case of the petroleum contract stipulates other earnings are recorded reducing the cost of oil and gas activity, record: 711-other income of TK Debt Have the TK 248.246, 247,
Article 16. Accounting exchange rate difference 1. The exchange rate a) case of the petroleum contract has specific provisions on the application of the exchange rate, the oil and gas Executive made under the provisions of the petroleum contracts. The case of the petroleum contract has no specific provisions on the application of the exchange rate, the oil and gas operators apply the actual transaction rate at the transaction date.
b) actual transaction rates in the case of specific defined as follows:-the actual transaction rate when buying and selling foreign currencies (currency purchase contracts for immediate delivery, futures contracts, futures contracts, swaps contracts): is the rate of signing of an agreement to buy, sell, exchange between commercial banks and enterprises.
-The actual transaction rate when receiving capital: foreign currency buying rates Is the Bank that investors transfer money raising capital in September.
-The case of the contract does not prescribe the rates of payment then the accounting logging units according to the principle: + actual transaction rate when recorded debt: is the rate of purchase of commercial banks where the unit specifies the client for payment at the time of the transaction;
+ Actual transaction rate when recorded liabilities: Is male the selling price of commercial banks where the expected transaction unit at the time of the transaction;
+ For the shops trading assets or expenses to be paid immediately in foreign currency (not through the accounts payable), rates of actual trading is the buying rate of the commercial banks where the unit made the payment.
-The actual transaction rate when assessing the original monetary items in foreign currencies at the time of establishment of the financial reporting: is the exchange rate announced by the Bank of Commerce where units frequently have transaction (unit self by choice) according to the principle: + actual transaction rate when assessing the original monetary items in foreign currencies be classified as property : Is the rate of foreign currency purchases of commercial banks at time of financial reporting. For the account of foreign currency bank rate of the fact when assessing your own purchase rates is the bank where the unit open foreign currency account;
+ Actual transaction rate when assessing the original monetary items in foreign currencies be classified as liabilities: foreign currency selling rate Is of commercial banks at time of financial reporting.
-The actual transaction rate when the currency change in accounting and exchange of assets and liabilities when converting financial statements created in Exchange Vietnam Dong out: Is the average purchase rate of a commercial bank by the unit itself selected at the time of the change in the monetary unit of accounting.
c) logging rates (actual logging rates or restrictive logging rate weighted average) in the case of specific defined as follows:-the real purpose of logging rate: is the rate of recovered the debt, the betting account, escrow or payment of liabilities in foreign currency is determined by the exchange rate at the time of the transaction of each object;
-Average logging rate is the weighted rates used in the account party money when paying in foreign currency, are determined on the basis of obtained total value is reflected in the Debt party money account divided by the number of Exchange actually has at the time of payment.
2. The original monetary items in foreign currencies Is the property was recovered in foreign currency or pay debts in foreign currency. The original monetary items in foreign currencies can include: a) in cash, cash equivalents, bank deposits (or non-term term) in foreign currency;
b) debts receivable, payable, origin except:

-The prepaid account for the seller and the prepaid expenses in foreign currency. The case at the time of reporting the evidence certainly about the seller cannot deliver the goods, services and units will have to get back the previous payments in foreign currency, the account is considered to be the original monetary items in foreign currencies.
-The buyer pays in advance and the revenue received in advance in foreign currency. The case at the time of reporting the evidence certainly about the unit cannot provide goods and services and will have to pay back the sum received in advance in foreign currency for the buyer, the account is considered to be the original monetary items in foreign currencies.
c) The deposit, escrow, bet with money or the equivalent in foreign currency to be entitled to receive; The account received deposits, escrow money bet, or the equivalent in foreign currency to repay.
3. Apply the exchange rate used to record accounting books, created and presented a financial report) When deriving the transactions in foreign currency, rates of actual transaction at the time the transaction was used to convert the amount recorded for the ledger accounts reflecting the property , liabilities, equity, cost, other income. A number of other cases are specified as follows:-the case of the buyer's money before receiving the income corresponding to the amount received before the applied Exchange rate at the time of receipt of the buyer;
-The case of prepaid expenses allocated to the relevant costs in the period, the costs are recorded according to the exchange rate at the time of prepayment;
-Property case, costs are related to the purchase of prepaid transaction for the seller, the property value corresponding to the prepaid amount is applicable the rate at the time of prepayment to the seller.
b) When deriving the transactions in foreign currency, the exchange rate target actual logging is used to list out the currency the accounting logging for the following account types:-parties have the TK must (except the transaction received before the buyer's money), the parties have signed the betting account reflects the TK , escrow, pre-paid expenses;
-Debt Party the TK is charged (except prepaid money transactions for the seller).
c) When making payments in foreign currency, the exchange rate weighted average logging is used to convert the amount recorded in the ledger side Have the TK money.
4. Accounting principles a) The difference in rates payment arising in the period and re-evaluation of the original monetary items in foreign currencies recorded final financial revenue (if interest rates) or financial costs (if the hole) and the switch to adjust the increase, rising costs of oil and gas activities (if is counted as cost recovery) or recorded as difference rates (on TK 413) of the accounting balance sheet (if not included in the cost recovery).
b) based on the decision of the authority or the contractor, the accounting, the difference in transfer rates (on TK 413) to reduce the shares of the parties or the costs were not recovered.
5. Method of accounting rate disparity a) difference in accounting rates arising from the payment in the period-When incurred interest, exchange rate losses, record: + noted interest rates: debt the TK relevant TK 515-financial operations revenue.
+ Recorded exchange rate losses: TK 635-Debt financing costs Have the TK related.
-Case profit and loss rates are calculated on cost recovery, accounting the profit and loss transfer rates to adjust costs in petroleum activities in the time of arising: + The transfer interest rates and reduce the cost of record oil and gas activities, record: 515-TK Debt revenue financial activities Have the TK 246 , 247, 248, 642.
+ The transfer rates and losses recorded an increase in the cost of oil and gas activities, recording the TK 246, 247: debt, 248, Had 642 TK 635-financial costs.
-Case profit and loss rates are not calculated into the cost recovery of the last accounting period, the transfer of profit and loss rates on TK 413-the difference in the exchange rate, The interest rate switch + record rates, record: 515-TK Debt financial operations Had revenue of TK 413-the difference in the exchange rate.
+ The shifting exchange rate losses, scoring 413-TK: debt, the difference in the exchange rate.
There are TK 635-financial costs.
-The case of the petroleum contract has other regulations made under the provisions of the petroleum contracts.
b) accounting reviews back to the original currency items of Exchange end-End, when assessing the monetary items having the root Exchange: + case arises interest, write: the Debt related TK TK 515-financial operations revenue.
+ Case incurred losses, record: 635-TK Debt financing costs Have the TK related.
-Depending on each case is calculated as the cost of withdrawing or not withdrawing, the difference in processing accounting rates as stipulated in art. 5 of this Article. The case of the petroleum contract has other regulations made under the provisions of the petroleum contracts.
c) When the parties contractor or authorized decision process variances estimated rates not calculated on cost recovery, accounting decision based on the record:-case of disparity rates are adjusted to the capital contributed by the parties: + The interest rates, record transfers: debt TK 413-the difference in the exchange rate Have the TK 3411 , 4111.
+ The transfer hole rates, recording the TK 3411, 4111: debt Have TK 413-the difference in the exchange rate.
-The case of disparity rates are adjusted directly on costs not recovered: + The interest rate move, scoring 413-TK: debt exchange rate disparity Has no-cost drug 249 TK recovered.
+ The transfer hole rates, record: 249-no cost TK Debt drug withdrawal.
There are TK 413-the difference in the exchange rate.
Article 17. Mining clean up costs accounting accounting principles a) oil and gas operator on behalf of the parties to the contract is responsible for petroleum clean up the mine, reimburse the premises under the provisions of the law after the end of the oil contract.
b) periodically, since started commercial mining, oil and gas operators must pay a deposit for the host country (represented as Vietnam oil and gas Corporation-PVN) to ensure financial obligations for the implementation of tidy fixed constructions, equipment and means of serving the oil and gas exploration activities in Vietnam.
c) When paid to the escrow account of the PVN, executives of oil and gas extracted at the same time guarantee funds and financial obligations are calculated into the cost of the extraction phase.
d) The excerpt creation, use and clean up the mine Fund settlement must be monitored in detail each oil and gas contracts.
DD) case of quoted Funds guarantee financial obligations greater than the number actually spent on the clean up the mine, then the remaining balance of the Fund was as follows:-If processing has recovered most of the cost, then the remaining balance of the Fund after national service with the State budget was divided again to the parties according to the principle of dividing the oil interest rates;
-If not yet recovered most of the cost, the remaining balance of the Fund are recorded reducing the cost of the extraction phase.
2. accounting methods a business number is mainly a) when establishing the Fund guarantee financial obligations (the cost of clean up mine), record: TK 248-Debt costs of extraction Have TK 335-costs are charged.
b) When oil and gas operators filed deposit to ensure financial obligations due to the PVN management, record: TK-244, margin Debt signed betting TK 112-bank deposits.
c) When incurred costs real packing, burn: 335-extract cost TK Debt before Having TK 331-are charged to the seller.
d) When receiving funds from PVN to pay Pack the mine incurred, record: TK 112-Debt bank deposits Have TK 244-escrow, signing the bet.
DD) payment of the cost of clean up mines has arisen, record: 331-TK Debt payable to seller TK 112-bank deposits.
e) at the end of the Pack, case of Guarantee Fund financial obligations not to use up the remaining balance of the Fund shall be treated as follows:-case not yet recovered most of the cost of oil and gas activities, record oil and gas executives to reduce costs with corresponding number of mining the remaining Funds not used , write: debt-paying costs 335 TK Have TK 248-the cost of extraction.
-The cases had recovered most of the cost of oil and gas activities in the oil and gas Executive, reflects the number of unused Funds all account is charged for the parties, according to the specific case as follows: + case oil and gas operators are on behalf of the parties to the paid contractors in the State budget for the interest rate of the host country enjoy : When get back funds from the PVN, TK-112: debt record bank deposit (escrow amount received from PVN yet except the number to submit GOVERNMENT EXCESSIVE) 244-escrow, TK Has signed.
When determining the amount of the State budget, write: debt-paying costs 335 TK Have TK 333-tax and accounts payable.
When real paid into the State budget, write: debt TK 333-tax and accounts payable (3339) Have TK 112-bank deposits.
+ Case PVN submitted instead of the petroleum Executive of the host country enjoy interest rates, when receiving funds from the PVN, TK-112: debt record bank deposit (escrow amount received back from the PVN was subtracted to pay GOVERNMENT EXCESSIVE) 335-TK Debt costs are charged Have TK 244-escrow, signing the bet.
-Number Fund ensure financial obligations not yet expended are recorded as accounts payable, payable to the contractor side after subtracting the amount of interest the host country enjoy, write: debt-paying costs 335 TK Have TK 338-pay must submit (details for each side of the contractor).
-When paying the amount distributed from the Fund ensure financial obligations for the parties or the parent company-contractor executives, record: 338-TK Debt to pay, to be paid otherwise (details for each contractor) Have TK 112-bank deposits.
Article 18. Accounting costs general administrative management 1. Accounting principles a) General administrative expenses is the cost of operation of the oil and gas Executive Office for each oil and gas contracts. General administrative costs are indirect costs related to the activity search, exploration, beauty salons; development activities and oil and gas exploration activities. Recurring costs general administrative management allocated to the cost of exploration, development, due diligence; development costs and the costs of extraction in a manner consistent with the provisions of each contract oil and gas characteristics of oil and gas operator. General administrative costs might include:

-The cost of staff salaries Office executives of oil and gas;
-Cost to rent the property of oil and gas Executive Office;
-Costs of services purchased from outside the oil and gas Executive Office;
-Other administrative expenses of the Office of oil and gas operator.
b) oil and gas operators to gather and track details general management costs for each oil and gas contracts to service the budget settlement with the contractor the contract party. The oil and gas Executive cases accomplish many petroleum contracts that cannot separate the General administrative management costs for each contract shall be allocated according to official match with the provisions of the petroleum contracts and the parties to the contract bidders.
2. Method of accounting when calculating salary, allowances paid to employees of the oil and gas Executive, recorded: debt management costs-642 TK administration public TK 334-paying workers.
-When quoting the account insurance BHXH, BHTN computer costs general administrative management, record: TK-642 Debt costs general administrative management Have TK 338-pay, payable on the other.
-When purchasing supplies, tools, instruments used for the operation of the oil and gas Executive Office without entering the warehouse, TK-642: debt record costs general administrative management in Indebtedness TK 133-VAT was deductible has 111, 112 331, TK.
-When the material, tool, tools to use for the operation of oil and gas operators, write: debt management costs-642 TK administration the public TK 152, 153.
-The purchase of materials, tools and instruments to use for oil and gas operators by advance payment for employees, write: debt management costs-642 TK administration Debt TK 133-General Vat was deductible Has TK 141-advance Have the TK 111, 112.
-The expenses for services purchased from outside oil and gas operators as: money, money, water, phone, office rental costs, vehicle hire, other expenses, write: debt management costs-642 TK administration Debt TK 133-General Vat was deductible Has the TK 111, 112 , 331.
-Periodically, the oil and gas operators to allocate costs general administrative management on the cost of exploration, mine development costs, costs of extraction, recording the TK 246, 247: debt, 248 Have TK 642-general administrative expenses.
Article 19. Regulations on the establishment, filed financial statements 1. Common rules for the preparation and presentation of financial statements a) oil and gas operator and presents financial reports under the provisions of the petroleum contracts.
b) When set up and presentation of the balance Sheet The petroleum executives follow the form prescribed in annex 2 to this circular and additional indicators specified in the enterprise accounting mode when in need without the approval of the Ministry of finance. The content and the method of establishing the norms in the balance Sheet in accordance with the provisions of accounting mode the current business and the additional instructions in paragraph 2 of this Article. The guest was operating code for the target match the characteristics and operational situation.
c) where oil and gas contracts did not have specific regulations regarding the reporting of revenues and expenses during the period, oil and gas executives to manipulate the reported results of operations of the enterprise accounting mode current to reported revenues and expenses during the period. The method of establishing the norms of reporting currency, must conform with the provisions of accounting mode of current business.
d) petroleum operators use A presentation of financial statements of the enterprise accounting mode to create and present A presentation of its financial statements. In a financial report presentation, executives have to present details of the cost of the search, exploration, development and exploitation of audited PVN approved cost recovery and not approved is cost recovery. The content and the method of establishing the norms on a presentation of financial reports must conform to the Regulations Guide at the enterprise accounting mode current.
2. Guide the content and the method of establishing the norms in the accounting balance sheet supplement and guide the content and method of setting up a number of specific targets in the accounting balance sheets than enterprise accounting mode current. These indicators do not guide this circular petroleum operators follow specified accounting mode of current business.
a) search costs, exploration, appeals to this target user number to reflect the costs incurred in the process of searching, probing, appeals the amount until final report. Data to write to the target of "the cost of search, exploration, amount of due diligence" was based on the account balance 246 "search costs, exploration, amount of due diligence" on ledger or journal-ledger.
b) mine development cost targets is used to reflect the costs incurred in the process of developing oil and gas mines until the end of the reporting period. Data to write to the target of "development costs" is based on the account balance 247 "mine development costs" on ledger or journal-ledger.
c) extraction cost indicators is used to reflect the costs incurred in oil and gas exploration process until the end of the reporting period. Data to write to the target "extraction costs" is based on the account balance mining cost "248" on ledger or journal-ledger.
d) costs are not recovered to this target user to reflect costs not recoverable under the provisions of the petroleum contracts and the costs of crashes, eliminated in the course of the audit report audit of the Vietnam oil and gas Corporation to the end of the reporting period. Data to write to the target of "cost recovery" was not based on the account balance 249 "costs are not recovered" on ledger or journal-ledger.
DD) cost recovery targets were used to reflect costs were recovered by the search phase, exploration, beauty salons; the development stage of mining and oil and gas extraction stage through the oil cost recovery to the end of the reporting period. This indicator's data are recorded by the negative number in the form given in parentheses (...). Data to write to the target of "cost recovery" is based on the account balance 251 "cost recovery", on the ledger or journal-ledger.
e) which of the parties to the other contractors this indicator is used to reflect the amount of capital contributed by the parties to the other contractors are not the mother-company executives at the time of the report. Data to write to the target "which other contractors of the parties" is the balance of the account details which of the parties "3411 other bidders" on ledger account details 3411.
g) recovery of capital contributed by the other contractor side of the target is used to reflect the amount of capital contributed by the parties to the other bidders was recovered through a cost recovery of oil at the time of the report. This indicator's data are recorded by the negative number in the form given in parentheses (...). Data to write to the target "equity withdrawal of parties contractors" is the outstanding balance of your account details 3412 "divestment of the contractors" on the side of the ledger 3412 account details.
h) capital of the parent company-who runs this indicator is used to reflect the parent company's capital – who runs at the time of the report. Data to write to the target of "capital of the parent company-Executive" is the balance of the account details 4111 "capital of the parent company-Executive" on a detailed account ledger 4111.
k) withdrawal of capital's parent company-who runs this indicator is used to reflect the amount of capital contributed by the mother-company executives have been recovered through cost recovery of oil at the time of the report. This indicator's data are recorded by the negative number in the form given in parentheses (...). Data to write to the target "divestment of mother company-Executive" is the outstanding balance of your account details on 4112 "the recovery capital of the parent company-Executive" on a detailed account ledger 4112.
3. Where the submission of the report of the financial reporting of oil and gas operators must submit to the local tax Bureau, the Agency granted the investment license, the local Statistics Bureau and other agencies under the rules.
Chapter III IMPLEMENTATION article 20. Terms of implementation 1. This circular is effective as from 1/1/2015. The oil and gas Executive who was the Ministry of finance approved the application of accounting mode before this circular effect must move to comply with the provisions of this circular. The petroleum contract expired before 31/12/2016 petroleum operators are continuing to apply the accounting regime that was approved by the Finance Ministry.
2. oil and gas Executive, the Organization, the individual concerned is responsible for implementation of this circular. In the process of implementation if having difficulties and obstacles, the proposal reflects on the Finance Ministry to promptly resolve./.