Accounting circulars made six (6) accounting standards promulgated by decision No. 234/2003/QD-BTC dated December 30, 2003 by the Minister of finance pursuant to decision No. 234/2003/QD-BTC dated December 30, 2003 by the Minister of finance regarding the issuance and publication of six (6) Vietnam accounting standards (3);
 
Based business accounting regime issued decision No. 1141/TC-QD-CĐKT on November 1, 1995 and the revised circular, dietary supplement business accounting of the Ministry of finance;
The Ministry of finance accounting instructions made six (6) application of accounting standards for enterprises in the sector, the economic sectors in the country.
I. ACCOUNTING STANDARDS GUIDE "INVESTMENT PROPERTY" 1. Changed into a standard number 05-investment property (issued decision No. 234/2003/QD-BTC dated December 30, 2003 by the Minister of Finance): the term "turnover" of paragraph 28 and the phrase "revenues from the sale" of paragraph 29 is replaced by the phrase "sale price".
2. investment property and the case record 2.1. Real estate investment real estate (REAL ESTATE) investment is real estate, including: land use; Home, or a part of your home, or both the House and the land; The infrastructure caused by the owner or the person who rented the property under financial lease, holding aims to profit from the lease or wait for price increases that are not to: a) used in the manufacture, supply of goods or services or used for management purposes; or: b) Sold in normal business operations.
2.2. The cases are recorded as investment property a) land use (due to business buyers back) hold in the long run to wait for price increases;
b) land use (due to business buyers) holds that not clearly identify the purpose of use in the future;
c) Home owned by the enterprise (or due to financial lease business) and rent under one or more of the lease active;
d) being kept Home to rent by one or more of the lease active;
e) infrastructure is being kept to for rent by one or more active lease.
2.3. special cases are recorded as investment property a) with respect to the property which a business part holding aims to profit from the lease operation or wait for price increases and in part used for the production, supply of goods, services or to manage then if the assets to be sold separately (or leased separately under a active lease or more), the business will use assets accounting to rent or wait for the price increase is the real estate investment and property management and production are accounting is tangible or intangible LOAN LOAN.
The case of real property not sold separately and used for trading or for management is not significant, then the account is investment property. For example, businesses have a building with 80% of the professional activity and 20% rental area used as corporate offices, the building of which was property accounting for investment.
b) business case to provide related services to people who use property owned by enterprises is a relatively small part of the entire agreement, then the business will account for this property is investment property. For example, the business owned the building for other units in the Office rental (rental operation) at the same time providing maintenance and security services for this rental building.
c) case, a subsidiary to the parent company or other subsidiaries of the same parent company, rent or use and holding a property, then that property is real estate accounting is investing on the financial statements of the company's own property or separate financial statements of the parent if the parent company for companies the rent (if it meets the definition of investment property), but not reflected as investment property in consolidated financial statements.
3. real estate investment accountant 3.1. Real estate investment accountant needs to respect certain rules: 1. A real estate investment are recorded as assets must satisfy the following two conditions simultaneously: a) certainly obtained economic benefits in the future;
b) reviews of investment property must be determined in a reliable manner.
2. investment property must be determined according to the original initial value. Raw reviews of investment property including the transaction costs directly related to the original.
3. The costs relating to investment property incurred after the original record to be recorded as production costs, business in the States, unless these costs are likely to be sure to make real estate investments create economic benefits in the future more than work assessment originally was recorded an increase in real estate prices of investment resources.
4. After the initial recognition, in the holding period, active rental investment property is determined according to the original, the number of accumulated depreciation and residual value.
5. Transfer from investment property to the property owner or use inventory and vice versa is only done when there is a change of purpose of use as the following: real estate investment move to the property owner to use when the owner started using this property;
Investment property transferred to inventories when the owner started the repair work, improvement and upgrades needed for the purpose of sale;
Property owners use switch to investment property when the owner of the end use of that property;
Inventory transfer to investment property when the owner started other active rental party;
Construction property transferred to investment property at the end of the construction phase, handover brought in investment (in the phase of construction must adhere to accounting standards no. 03-"tangible fixed assets").
6. When a business decides to sell an investment property without the period of repair, improvement and upgrade, business continues as investment property until the investment property that is sold without moving into inventory.
7. The revenue from the sale of investment property is recorded as whole sale price (sale price not have VAT for business case to apply the method of calculating VAT according to tax deduction method).
The case of the sale of real estate investment according to the deferred method, the turnover is determined according to the sale price charged now (sale price not have VAT for business case to apply the method of calculating VAT according to tax deduction method). The difference between the sale price and the selling price charged now and VAT are recorded as interest revenue has not made in accordance with the accounting standards no. 14-"revenue and other income".
8. for the business unit real estate are accounting according to the following cases:-for the purchase of real estate has clearly define the purpose for sale in accounting is the accounting standards no. 2 "inventories";
-For the purchase of real estate has not yet been identified for future use or purchase on to active rental specialist (satisfy the conditions noted REAL ESTATE investment) are accounting standards accounting number 05 "investment property".
9. with regard to Private enterprises as banks, credit institutions and other financial institutions, the REAL ESTATE investment accountant are instructions in a separate text that does not apply under the provisions of this circular.
3.2. Accounting for investment property 3.2.1. Accounting accounts using (1) additional TK 217-investment property

This account is used to reflect the existing situation and number fluctuations increase, decrease of investment property under business reviews.
TK 217 accounting-investment property need to respect some provisions after 1. This account is used to reflect the value of a property qualifies as investment property. This account does not reflect the value of buying real estate for sale in normal business operations or building to sell in the near future, property owners, property used in the build process is not yet completed with the intent to use in the future in the form of real estate investment.
2. investment property is recorded on this account according to the original. Raw price of real estate investing: Is the whole of the costs (cash or cash equivalents) that business dropped off or the value of the other accounts given in Exchange to get investment property as of the time of purchase or build complete real estate investing.
a) depending on each case, the price of the investment property is defined as follows:-the price of purchased investment property comprises the purchase price and the costs directly related to the purchase, such as consulting services on the relevant law, stamp tax and other related transaction costs ...-where to buy investment property payments under the deferred method, the price of the investment property being reflected according to the purchase price paid immediately at the time of purchase. The difference between the purchase price and the purchase price paid immediately into the financial cost accounting according to maturity, unless the number of variances that are included in the price of real estate investing resources in accordance with the accounting standards no. 16-"travel cost loans";
-The price of real estate investments self build is the actual price and the associated costs of direct real estate investing until the completion of the construction work;
-The case of financial lease property with the intent to rent standard satisfying activity recorded as investment property, the property's original investment at the time it began hiring is done according to the provisions of accounting standards no. 6-"asset Rental".
b) The following costs are not included in the price of raw property investment:-costs incurred (unless the costs are needed to put real estate investing into a ready to use);
-The costs when putting new investment property into operation for the first investment property before reaching normal operating status as expected;
-The costs are not normally of materials, labour or other resources in the process of building real estate investment.
3. In the process of holding wait gain, or to conduct operations for rental depreciation of investment property. Depreciation of investment property is recorded as cost of sales in the period. Businesses can rely on the property owner to use the same type to estimate the useful time use and determine the method of depreciation of investment property.
4. With regard to the investment property was purchased on but must proceed to build, renovate, upgrade before using for investment purposes, then the value of THIS PROPERTY, shopping costs and costs for the process of building, renovate, upgrade investment property is reflected on the TK 241 "the building essentially unfinished." When the process of building, renovate, upgrade complete is identifying resources investment property prices to complete the transfer on TK 217 "investment property".
5. Notes the reduction of investment property in the case of:-switch the purpose of use from investment property to inventories or property owner to use;
-Sale of real estate investment;
-Real estate investment liquidation;
-Financial lease expiry REAL ESTATE investment return for the lease.
6. investment property is tracked in detail under each object record investment in real estate "real estate as investment" similar LOAN.
The structure and content of the reflection of TK 217-Debt Party investment real estate: investment property prices rose in the period.
Parties: raw reviews real estate investments decreased in the period.
The balance of the debt side: raw reviews real estate investments of the last business period.
Accounting methods a primary economic activity number 1. The accounting profession and buy real estate investment according to the method of pay immediately:-the business case to apply the method of calculating VAT according to tax deduction method, write: TK-217 real estate Debt investing Debt TK 133-VAT is deducted (1332) Have the TK 111, 112, 331.
-The business case to apply the method of calculating VAT according to the direct method on VALUE ADDED, noting: TK 217-real estate Debt investing Have the TK 111, 112, 131, 331.
2. professional accounting buy investment property deferred manner: 2.1. Business computer case filed under the VAT deduction method, write: TK Debt investment property-217 (ex-prices-according to the purchase price paid now not have VAT) Owed TK 242-long-term prepaid expenses (interest deferred portion of the amount of the difference between the total amount paid minus (-) the purchase price paid immediately and the input VAT) Owed TK 133-VAT is deducted (1332) Are TK 331- Are charged to the seller.
2.2. business case computer filed VAT according to the direct method, write: TK Debt investment property-217 (ex-prices-according to the purchase price paid immediately had the VAT) Owed TK 242-long-term prepaid expenses (interest deferred portion of the amount of the difference between the total amount to be paid (-) minus the purchase price charged now had the VAT) Are TK 331-are charged to the seller.
2.3. Portfolio, and the allocation of interest is charged on the purchase of real estate investment according to the deferred method, write: TK-635 Debt financing costs Have TK 242-long-term prepaid expenses.
2.4. Upon payment to seller, record: 331-TK Debt payable to seller TK financial revenue-515 (payment discount Part entitled by the payment before the deadline-If available) contains the TK 111, 112, ...
3. real estate investment case formed by building a complete hand-over: 3.1. When construction costs incurred for property investment, based on the documents and the relevant vouchers, accounting costs to the parties Owe TK 241-XDCB unfinished as specified in circular No. 89/2002/TT-BTC on 09/10/2002 accounting instructor made four (4) accounting standards (1) accounting standards guide part number 03 "tangible LOAN".
3.2. When XDCB investment stage finished handing moved into property investment investment property, based on the accounting records, recording console: debt TK 217-property investments-241 XDCB TK unfinished.
4. When moved from the property owner to use the property for investment, based on the transformation profile used, the record: TK 217-Debt investment property LOAN-211 tangible, TK or TK 213-LOAN invisible.
At the same time the transfer of accumulated depreciation (against the property owner to use the depreciation has), scoring: 2141, or TK 2143 Debt Have TK 2147-investment property depreciation.
5. When transferred from the inventory of real property investment, based on the transformation profile used, the record: TK 217-real estate Debt investing Have TK 156-goods (1567-property goods).
6. When a financial lease with the intent to hire according to one or more active, rental contract if the property rent that satisfy the criteria as investment property, based on financial lease and related documents, record: TK 217-real estate Debt investing Have the TK 111 , 112, 315, 342.

(Accounting and payment of rent when financial rental invoice be done according as specified in circular No. 105/2003/TT-BTC dated 04/11/2003 accounting instructor made six (6) accounting standards (2) accounting standards guide part number 06 "asset Rental").
7. When the financial asset lease expires-If the return on investment real estate financial lease are classified as investment property, write: TK-2147 Debt depreciation of real estate Debt investment TK 632-Reviews of capital wholesale (disparity between resources price and rental of investment PROPERTIES depreciation accumulated) Have TK 217-property investment (original).
-If the acquisition of investment property are classified as financial lease real estate investments to continue investing, recorded an increase in the raw number of investment property prices are charged more, write: TK-217 real estate Debt investing Have the TK 111, 112, ...-If the acquisition of the real estate financial lease are classified as investment property converted into property owners use , record: 211-LOAN debt-TK tangible, or TK-213 invisible LOAN Debt Have TK 217-investment property contains the TK 111, 112 (additional amount).
At the same time the transfer of accumulated depreciation, Debt record: TK 2147-investment property depreciation Have TK 2141 or 2143.
8. Accounting for investment property sale 8.1. Record sale of investment REAL ESTATE:-for business application of the method of calculating VAT according to tax deduction method, recording the TK 112, 111: debt, 131 (the total price paid) Have TK 511-sales and service providers (5117-revenue property investment business) (sale price not have VAT) Are TK 3331-VAT (33311).
-For business application of the method of calculating VAT according to the direct method on VALUE ADDED, noting: the Debt 112, 111, 131 of TK (the total price paid) Have TK 511-sales and service providers (5117-revenue property investment business) (the total price paid) 8.2. Accounting record falling raw reviews and remaining value investment REAL ESTATE was sold, record: 214-TK wear Debt LOAN (2147-investment REAL ESTATE depreciation) 632-price equity for TK Debt sales (the value of the remaining PROPERTY investment) Has 217-real estate investment TK (REAL ESTATE's original investment) 9. Accounting investment real estate transfer into inventory or the property owner to use: the conversion of the purpose of use between investment property with property owner uses or inventory does not change the value of the log property was transferred and do not alter the price of REAL ESTATE investing resources in determining log values or financial reporting.
9.1. in case of real estate investments turn into inventory when the owner has decided to repair, improvement and upgrades for sale:-When a decision is made to repair, renovate, upgrade investment REAL ESTATE for sale in accounting proceed the remaining value transfer of real estate to invest TK 156 "goods" TK-156: debt, record the goods (1567-REAL ESTATE-goods TK value rest of investment REAL ESTATE) 214-TK wear Debt LOAN (2147) (accumulated depreciation) Are TK 217-property investment (original).
-When the cost of repair, renovate, upgrade the deployed for the purpose of selling, write: TK 154 Debt-cost of production, business operation Owed TK 133-VAT deductible (If any) Have the TK 111, 112, 152, 334, 335, ...-at the end of the period of repair, renovate, upgrade the deployed for the purpose of sale , the entire switch costs recorded an increase in the original price of the goods pending real estate sell, write: TK 156 Debt-goods (1567) Are TK 154-production costs, business unfinished 9.2. The case moved into investment real estate property owner use, record: 211 or 213 Had TK TK Debt 217-property investment;
At the same time, record: TK 2147 Debt-investment property depreciation Have TK 2141 or 2143.
(2) additional TK 2147-investment property depreciation this account reflects the value depreciation of investment property in the process of holding wait gain, renting business activities.
The structure and content of the reflection of TK 2147-wear Debt Party investment property: value of investment property depreciation reduced.
Parties: the value of investment property depreciation increases due to depreciation or transfer of accumulated depreciation the property owner to use the property for investment.
Lateral balance: the value of the depreciation of the existing investment property of the business.
(3) additional TK 5117-sales of business property investment account 511-sales and provide additional service-level account TK 5117-revenue property investment business.
This account is used to reflect the sales of real estate investment business of the business. Revenue-real estate investing business is reflected in this account consists of:-the sales operations for rental of investment property is calculated according to the rental amount States reports;
-Sale of real estate investment is the purchase price of a REAL ESTATE investment.
The structure and content of the reflection of TK 5117-sales investment property business Debt: Party-VAT number must be filed by the direct method (if any);
-The transfer of revenue investment property business to TK 911 "identify results".
Stakeholders: business sales investment property arising in the period.
This account does not have the balance.
(4) additional TK 1567-goods account for this user property to reflect the value of the existing situation and the volatility of real estate goods of enterprises do not specialize in the real estate business.
Real estate goods, including:-the right to use the land, House or land use rights, buildings and infrastructure, buying to sell in the normal business operations;
-Real estate investments turn into inventory when the owner started for the purpose of sale.
The structure and content of the reflection of TK 1567-Debt Party property goods:-the actual value of the goods purchased to sell real estate;
-The remaining value of the real estate investments turn into the inventory;
-Costs of repair, renovate, upgrade the deployed for the purpose of selling the original price recorded an increase of goods sale pending real estate-the real value of the goods surplus property discovered when inventory.
Parties:-the value of real estate goods for sale in the States, or turn into real estate investment;
-The actual value of goods or property discovered when lack of inventory.
The party balance of the debt: the actual value of the goods the last remaining property.
(5) additional content reflection of TK 241-XDCB unfinished Debt Side:-the costs of purchasing real estate investments (case should have the first stage construction);
-Investment costs of building real estate investment;
-Costs of repair, upgrade, improvement was recorded an increase in the price of real estate investing resources.
Parties:-reflect property values form the investment through construction was completed;
-The transfer of the cost of upgrading, renovating the Yuan recorded an increase in real estate prices.
The balance of the debt side:-the value of investment property are unfinished construction.
-Costs of repair, upgrade, improvement, unfinished final (6) additional content reflection of TK 632-Reviews of capital wholesale Debt Side:-the number of REAL ESTATE investment depreciation deductions in States;
-Costs of repair, upgrade, improvement and investment PROPERTIES do not qualify on raw reviews REAL ESTATE investment;
-Costs arising from the rental business REAL ESTATE investment activity in the States;
-The value of the investment PROPERTIES remaining for sale, liquidation during the period;
-The cost of REAL ESTATE liquidation sales, professional investment incurred in the period.
Parties: The transfer of the entire REAL ESTATE investment business costs arising in the period to determine the results of business activities.
3.2.2. Additional instructions some accounting method related to REAL ESTATE investment: (1) accounting depreciation of investment property 1. Periodically, the depreciation of investment property holding pending price increases, are active rental, write: debt capital Sales Price-632 of TK (the REAL ESTATE investing business expenses) Are TK 2147-investment property depreciation.

At the same time, records the party Owed TK 009-depreciation LOAN capital (the investment REAL ESTATE depreciation).
2. in case of falling real estate prices, the investment simultaneously with the reduction of resource record investment property prices keep rising in value accumulated depreciation of investment property (see TK accounting guide 217).
(2) accounting basic construction investment property 1. When buying real estate is about to put into construction, record: 241-TK XDCB unfinished Debt Owed TK 133-VAT is deducted (1332) Have the TK 111, 112, 331, ...
2. When incurred the costs of investing in real estate investment, record: 241-TK Debt XDCB Debt unfinished TK 133-VAT is deducted (1332) Have the TK 111, 112, 152, 153, 141, 142, 242, 336, ...
3. Once the basic construction investment property handover complete, write: TK 217-property Debt investment (If qualify as investment property) Owed 156 TK-goods (1567-REAL ESTATE goods) (If not qualified to form a REAL ESTATE investment) Has 241-TK XDCB unfinished.
4. Accounting the costs related to the investment property after the initial acknowledgement: 4.1. When incurred costs related to the REAL ESTATE investing after the original record, if it deems the cost of that uncertainty makes real estate investments create economic benefits in the future more than the initial assessment activities are or are not included in the obligation of the enterprise to bear the necessary costs will arise to take the next available status property ready to operate shall be noted on the cost of the investment in the REAL ESTATE business, long-term prepaid expenses, write: debt capital Wholesale Price-632 of TK (the cost of REAL ESTATE investment business), or TK 242 Debt-long-term prepaid expenses (If large-value costs) Have the TK 111 , 112, 152, 153, 334, ...
4.2. When incurred costs to upgrade, renovate that deems it likely costs certainly make property investments create economic benefits in the future more than the initial assessment activities or included in the obligation of the enterprise to bear the necessary costs will arise to take investment property to the status ready for action the recorded increase in resources investment property prices: a) collection costs to upgrade, renovate the actual investment in real estate, the record: 241-TK XDCB unfinished Debt Owed TK 133-VAT is deducted (1332) Have the TK 111, 112, 152, 153, 331, ... b) at the end of the upgrade operation property improvement, investment, handing recorded an increase in the price of real estate investing resources, record: TK 217-real estate Debt investing Have TK 241-XDCB unfinished.
(3) accounting for rental property investing activities 1. Reflects revenues for rental real estate investment activities 1.1. The case for rental property investment activity cash before many States, rental revenue of accounting period is determined by the total amount of active rental investment property was divided by the number of States collect money in advance for active rental investment property.
a) for unit tax according to tax deduction method.
-When the pay of prepaid customers on the operations for rental property investment activity for many States, record: 111, 112 TK Debt (total amount received) Are TK 3387-sales not yet done (according to price TVA) Have TK 333-tax and accounts payable (3337).
-At the same time, the computer and the transfer of revenue accounting period made, write: debt revenue-3387 TK not TK make 5117-business sales investment property.
-To the next accounting period, and the transfer of the sales of the following accounting period, records: 3387-revenue debt-TK not TK make 5117-business revenue real estate investment (sales of the accounting period).
-The right amount charged back to customers as the contracts offer rental of real estate investment activities not implemented (if any), write: TK-3387 Debt sales have not made (Price not yet included VAT) Owed TK 531-wholesale bounce back (case has recorded sales in the US by price VAT) Owed TK 3331-tax (the VAT amount of activity property rental is not done) that TK 111, 112, 331. (Total return).
b) for unit tax by direct method:-When the pay of prepaid customers on active rental operations of real estate investing for many years, record: 111, 112 TK the Debt ... (Total amount received)
There are TK 3387-sales not yet performed (total amount received).
At the same time, the computer and the transfer of revenue accounting period, records: 3387-revenue debt-TK not TK make 5117-business sales investment property.
-To the following accounting period, and the transfer of the sales of the following accounting period, records: 3387-revenue debt-TK not TK make 5117-business revenue real estate investment (sales of the accounting period).
-At the end of each accounting period, and reflects the number of tax under the direct method, write: debt-trading revenue 5117 TK real estate investing Have TK 3331-tax.
-The amount is charged back to the client because the contract provides services of operational rental of investment property not taken (if any), write: TK-3387 Debt sales have yet to make TK Debt sales bounced back-531 (recorded revenue in case States) Have the TK 111, 112 ... (Total return).
1.2. in case of operational leasing investment property and rents works according to each States: a) for unit tax according to tax deduction method:-the release of the money bills for rent real estate investment activity, record: 131-TK's receivable Debt customers have the TK trading revenue-5117 real estate investing Have TK 3331-tax RATES payable.
-When the currency is money, record: 111, 112 Have debt-the TK TK 131-receivable of the client.
b) for unit tax by direct method:-When issue invoices for services investment property rental (operational leasing), record: 131-TK's receivable Debt customers have the TK trading revenue-5117 real estate investment.
-When the currency is money, record: 111, 112 Have debt-the TK TK 131-receivable of the client.
-End of the accounting period, and reflects the number of tax under the direct method, write: debt-trading revenue 5117 TK real estate investing Have TK 3331-tax.
2. Periodically calculate depreciation, LOAN is investment property for rental activities, write: debt capital Wholesale Price-632 of TK (the REAL ESTATE investing business expenses) Are TK 2147-investment property depreciation.
At the same time, records the party Owed TK 009-depreciation LOAN capital (the investment REAL ESTATE depreciation).
3. The charges related to real estate operations for rental investment, record: a) If charges are not great, write: debt capital Wholesale Price-632 of TK (the cost of REAL ESTATE investment business) Owes TK 133-VAT deductible (If any) Have the TK 111, 112, 331, 334 , ... b) If costs incurred much and need to calculate the cost of rental of investment property shall follow the accounting guide property rental is leasing activities (Section D of part I-circular No. 105/2003/TT-BTC dated 04/11/2003 about the accounting guide made six (6) accounting standards promulgated by decision No. 165/2002/QD-BTC dated 31/12/2002 of The Minister of Finance).
(4) accounting for sale, investment property liquidation 1. For business computer tax deduction method, write: 111, 112, 131 TK Debt (the total price paid) have the TK trading revenue-5117 real estate investment (the purchase price not have VAT) Are TK 3331-VAT (33311-output Vat).
2. For business computer tax under the direct method, the record: 111, 112, 131 TK Debt (the total price paid) have the TK trading revenue-5117 real estate investing 3. The case of the sale of real estate investment according to the method of installment, deferred: 3.1. For business tax calculated according to the method of deduction:

-When selling investment PROPERTIES deferred installment, then recorded a turnover of investment REAL ESTATE business accounting period under the sale price charged now, the difference between the selling price charged slowly, with installment sale price charged now and VAT accounts recorded in the "revenue is not yet done," record: 111, 112 TK the Debt , 131 Have TK 5117-business REAL ESTATE investment sales (sale price charged right not have VAT) Have revenue-3387 TK not yet done (the difference between the selling price charged slowly, with installment sale price charged now and VAT) Have TK and Tax-333 to file state (3331-VAT).
-Periodically, computer, locate and move the selling interest revenue deferred investment REAL ESTATE, installment in the period, scoring: debt-3387 revenue yet TK make TK 515-financial operations revenue.
-When REAL ESTATE investment sales revenue actually deferred installment, which includes both the difference between sale price and installment, deferred sale price to pay right away, scoring the TK 112, 111: debt.
There are TK 131-receivable of the client.
3.2. for sale investment PROPERTIES deferred installment, not subject to VAT or liable to VAT calculated by the direct method:-When selling investment PROPERTIES deferred installment, then recorded a turnover of investment REAL ESTATE business accounting period under the sale price charged now, the difference between the selling price charged to slow installment, and the selling price charged right (including VAT) recorded as revenues have not yet made, write: the Debt 112, 111, 131 Had TK TK 5117-business REAL ESTATE investment sales (sale price charged now have both the TVA) Have revenue-3387 TK have not done (no difference between sale price and installment, deferred sale price charged now have the VAT).
-At the end, determine the number of tax calculated by the direct method, write: debt-trading revenue 5117 TK REAL ESTATE investing Have TK and Tax-333 to submit NN (3331-tax).
-Periodically, computer, locate and move the revenue deferred sales interest, installment Debt TK records: 3387-revenue has not done that TK 515-financial operations revenue.
-When the real money deferred sales, including installment sales interest deferred part, installment notes: debt the TK 112, 111 Have TK 131-receivable of the client.
3.3. the reduced resource accounting price and the value of investment PROPERTIES remaining for sale, liquidation, Debt record: TK 214-depreciation LOAN (2147-investment REAL ESTATE depreciation) 632-price equity for TK Debt sales (the value of the remaining PROPERTY investment) Has 217-real estate investment TK (REAL ESTATE's original investment) 3.4. The costs to sell (liquidate) the REAL ESTATE investment arises, inscribed: debt capital Wholesale Price-632 of TK (the cost of REAL ESTATE investment business) Owes TK 133-VAT deductible (If any) Have the TK 111, 112, 331.
II. ACCOUNTING STANDARDS GUIDE "accounting of INVESTMENTS in ASSOCIATED COMPANIES" 1. General provisions 1.1. Investors are considered to have significant direct investors: investors holding directly from 20% to below 50% of the voting rights in the receiving party's equity investments that do not have other agreements shall be considered to have significant influence on the investment side. The case of investors holding less than 20% of the voting rights in the receiving party's equity investment but there is agreement between the investment side and investors on the investors that have significant influence was that investment accounting under the provisions of this standard. The case of investors holding over 50% of the voting rights in the receiving party's equity investment but there is agreement on the investments which do not hold the power to control the investment side, the investor must account accounting in accordance with accounting standard no. 7-"accounting of investments in associated companies".
Indirect investors: investors hold indirectly through subsidiaries from 20% to below 50% of the voting rights of the investment side is not presented that investments on its own financial reports, which only the investments on the consolidated financial statements of the investor according to the equity method.
1.2. determination of the proportion of voting rights of investors in the equity of the investment (the affiliate company) a) case voting rate of investments in associated companies the right of capital by an investor in associated companies: the proportion of the voting rights in the company direct investment links = the total capital contributed by investors investment in associated companies--------------------------------------------------the total equity of associated companies x 100% voting percentage of indirect investments in associated companies = the total capital contributed by subsidiaries investments in associated companies--------------------------------------------------the total equity of associated companies x 100% b) where the rate of voting rights other than the rate of capital due to the agreement between the investor and the associate company, investor's voting rights are determined based on the minutes of the agreement between the investor and the company link.
1.3. The accounting method on investments in associated companies-original price: method + investors originally recorded on investments in associated companies under the original price.
+ After the investment, investors noted the dividend, profit is split into financial activities revenues according to the principle of automatic defragmentation.
+ Other items from affiliated companies that investors receive in addition to dividends and profits to be divided is considered part of the investment account and credited to the original discount investments. For example account dividends of States before investments are buying that investors get to keep the original discount investments.
+ Original price methods are applied in accounting terms investment in associated companies when establishing and presenting the financial statements of private investors.
-Equity method: + investments in affiliated companies are recorded initially as the original price.
+ Then, at the end of each fiscal year when the establishment and presentation of the consolidated financial statements, the logging value of investments is adjusted to increase or decrease respectively with the investor's ownership interest in the company's losses or following links on investment.
+ Dividends, profits are split from associated companies recorded log value reduction of investments in associated companies on the consolidated financial statements.
+ Logging values of investments in associated companies also must be adjusted when the interests of investors changes due to the change in equity of associated companies but are not reflected on the reported results of operations of the company. For example changes in equity of associated companies can include the account arising from the revaluation of investments and LOAN, the difference in the exchange rate of foreign currencies, and the adjustment of the difference arises when business (when buying investments).
+ The equity method is applied in accounting terms investment in associated companies when establishing and presenting the consolidated financial statements of the investor 1.4. Pursuant to the accounting logging, set up and presentation of financial statements of the investor 1.4.1. Pursuant to the accounting logging, and presents financial reports of investors own a) for investments into joint stock companies listed on the stock market, the number of investors is based on the actual amount paid when buying stocks including the costs directly related to the purchase of shares and the official announcement of the Center stock trading on the stocks of listed companies were in part owned by the investors.

b) for investments in the company not yet listed on the stock market, the logging is based on verification of ownership of stocks and paper money sold shares of the company are invested or vouchers to buy investments.
c) for investments in other types of businesses the logging is based on the capital contribution, interest thereon (or holes) by the parties to the agreement or the purchase vouchers, sale of investments.
d) investors on record profits to be divided from associated companies receiving official notification of the Board of associated companies of dividend entitlement or of profit to be divided in the States under the principle of automatic defragmentation.
1.4.2. Pursuant to the accounting logging, and establishment of the present consolidated financial statements of the investor a) for direct investments in associated companies, investors based on the financial statements of the company and the relevant documents when buying investments.
b) for indirect investments in affiliated companies through its subsidiaries, the investor based on the financial statements of the subsidiaries and the information document for the merge, the company's financial statements and related documents when companies buy the investment in associated companies.
c) In either case (direct investments in affiliated companies and investments in associated companies indirectly through subsidiaries), the end of each financial year, the investor based on the reported results of operations of the company to identify and acknowledge the interest section (or holes) in the company link on the consolidated financial statements. At the same time based on the balance Sheet of the company the link to determine and adjust to increase or decrease the value of logging investments corresponds with his own part in the change in equity of associated companies but are not reflected in the reported results of operations of the company.
d) case when buying investments, if the difference between the purchase price and investment value of net asset book record can identify the corresponding part of the investment was bought, at the time of purchase, accountants have to determine this difference into the following parts :-the difference between the value and the value of net asset book record can be determined to be the company's link, and part of this disparity must be determined for each factor, such as the difference between the value logical values and logging of the LOAN, of inventory, ...-the remaining disparity (the purchase price of the investment minus (-) the reasonable value of the net assets can determine, if any) are called commercial advantage (or commercial advantage).
* Investors do not have to reflect the difference between the purchase price and investment value of net asset book record can be determined by the company link on the account and accounting for financial reporting of private investors that only opens a detailed accounting to track and calculate the difference (if any) are allocated every year for consolidated financial reporting (if the investor to establish consolidated financial statements). As details of the difference lies in the accounting system serves for the preparation of consolidated financial statements.
2. Specific provisions 2.1. Accounting investments in associated companies when establishing and presenting the financial statements of the investor's own a) 223-account of additional investments in the company 223 account link "investments in associated companies" is used to reflect the value of the investment in the associated company and the situation fluctuates (rising , decrease) the value investments.
b) 223 account accounting need to respect certain rules:-accounting Work investments in associated companies when establishing and presenting the financial statements of the investor's own was made according to the method of the original price.
-Original price of investments in associated companies include shares or the actual purchase price of the investment plus (+) the cost (if any), such as brokerage, transaction costs, taxes, charges and fees ...-the case of capital contribution in associated companies by LOAN, materials, goods, then the original price on investments are recorded according to the value of the capital contribution valuation Unity Party. The difference between the value of its LOAN book records, materials, goods and value revaluation is recorded and processed as follows: + larger difference between price and value evaluation of logging supplies, goods are accounted on other income; The smaller the difference between the price revaluation and value of logging supplies, goods are accounted into the costs;
+ The larger the price difference between revaluation and the remaining value of the LOAN was the entire accounting on other income; The smaller the difference between the price revaluation and the remaining value of the LOAN was the entire accounting on costs;
-When accounting the investment in associated companies under the original price method, the value of investments has not been changed during the process of investment, unless investors buy more or bar l (whole or partial) investments or receive payment of benefits beyond the profits are divided.
-Accounting to open the detailed accounting to track the value investments to each affiliate company.
-From the moment investors are no longer considered to have significant influence with regard to associated companies, investors have to convert the value of the investment account, logging into the affiliate company to other account related.
The structure and content reflect the account's 223-investments in affiliated companies owe the Party: the original price of the investment is purchased;
Parties:-the original price discount investments due to currency benefits are in addition to the profits are divided;
-Original price reduced due to investments sold, the whole or part of my investment accounts;
The party balance of the debt: the original price of investments in associated companies are currently holding final exams.
Some accounting methods the primary economic services 1. When investments in associated companies in the form of shares or capital contribution with money, based on the actual amount spent, investor record: TK 223-Debt investments in associated companies Have the TK 111, 112.
2. where an investor has to hold an investment below 20% of the voting rights in a company determine, when investors buy more stocks or contribute more capital into the company to achieve conditions that significantly affect the investment side, investors Note: TK 223-Debt investments in associated companies Have long-term investment-228 of TK (the entire investments below 20%)
There are TK 111, 112, ...
3. When investing in affiliate company in the form of the transfer debt into equity (transfer of bonds that can be converted into loans or equity), based on the agreement between the investor and the company link on the real value of the debt was converted into equity , write: debt-invest 223 TK associated companies (worth of debt was converted into equity);
TK 635 debt-financing costs (If the value of debt is greater than the value of equity) Are TK 128-other short-term investment TK 228-other long-term investments Have TK 515-financial operation revenue (If the value of smaller debt equity).
4. When investing in affiliate company in the form of capital contribution by materials, goods, LOAN, based on the value evaluation of materials, goods, LOAN agreement between the investor and the company links, write: TK-invest 223 Debt the company Owed TK 214 links-wear Debt LOAN TK 811-other costs (if the price reviews of materials the smaller the LOAN, the value of logging supplies, goods, remaining value of the LOAN) has 152 153, 156, TK, 211, 213

There are 711-other income of TK (if the price reviews of materials, goods, LOAN is greater than the value of logging supplies, goods, remaining value of the LOAN).
5. Upon receipt of official notification of affiliate companies of dividends, profits are divided, investor record: 131-TK Debt receivable of the client (When the notice of affiliate company) Owed TK 223-investments in affiliated companies (if received dividends equal shares) Have active sales-515 TK finance.
When receiving money, record: 111, 112 Have debt-the TK TK 131-receivable of the client.
6. where to get the other account from the associated companies in addition to dividends, profits are split, investors reduced original price accounting investment, record: the Debt related TK TK 223-investments in affiliated companies.
7. When investors liquidated part investments or buy more investments in associated companies leads to no longer be considered to have significant influence for the affiliate company, the investors transferred the original price of the investments to the relevant accounts, record TK-221: debt investment in subsidiaries (If investors become the parent company) Owed TK 228-other long-term investment (If the investor only holds under 20% of the voting rights in the company link) TK 112, 111 Debt (if liquidated part investments) Are TK 223-investments in affiliated companies.
There are TK 111, 112 (If purchase more stake to become the parent company) 8. When liquidation, sale concessions on investments in associated companies, investors reduced investment account records and recorded income from the liquidation, sale concessions on investments: + case liquidate investments suffer losses, record: 111, 112, 131 TK Debt, ...
TK 635 debt-financing costs (price difference greater investments original sale price on investments) Are TK 223-investments in affiliated companies.
+ The case of liquidated the investment with interest, noting: the Debt 112, 111, 131, FL. ...
There are 515-TK financial operations revenue (sale price disparity greater than original price investments investments) Are TK 223-investments in affiliated companies.
+ Cost of liquidating investments, Debt record: TK 635-financial Debt cost TK 133-Are deductible Vat TK 111, 112, ...
9. in case the investor is obliged to pay instead of the affiliate company of debt that investors were guaranteed or pledged to pay, when determining the obligation and the amount actually pay in the period, scoring: TK 635-Debt financing costs Have TK 335-costs are charged.
2.2. In accounting terms investment in associated companies when establishing and presenting the consolidated financial statements of the investor, with the exception of the cases specified in paragraphs 9 and 11 of the standard number of 12 "accounting of investments in associated companies".
2.2.1. General principle a) In consolidated financial statements of the investor, the investment in the associated company accounting must be according to the equity method, except for the cases specified in paragraphs 9 and 11 of the standard number of 12 "accounting of investments in associated companies". Investors must prepare and present consolidated financial reports in case the investor has at least one subsidiary and to prepare and present consolidated financial statements in accordance with accounting standard no. 25-consolidated financial statements and accounting investments into subsidiaries.
b) end of each fiscal year, when the establishment and presentation of the consolidated financial statements of the investor, the value of the item "investments in associated companies, joint ventures" in the consolidated balance Sheet to be adjusted as follows: b1) adjust the portion of profits or losses in associated companies from following on investment and other adjustments have been recorded on the balance sheet the best math from the year before.
-Before adjusting the portion of profit or loss in the period of investments in associated companies and other regulators, investors must adjust the part profits or losses in part of his ownership in the company linked from after the date of investment and other regulators have noted and reflected in the consolidated balance Sheet of the previous year of adjacent to record and reflect on the item "investments in associated companies, joint ventures", the item "profit not distributed" and other related items in the balance sheet consolidated accounting year.
-The grounds for determining the portion of profit or loss in associated companies from following on the investment until the end of the previous year and the other adjustment accounts is accounting balance sheets of private investors and the balance Sheet incorporated years ago adjacent, the detailed accounting serves the combined financial statements.
B2) tuning part profits or losses in the period of investments in associated companies.
-The investor must determine and adjust to increase or decrease the value of investments in associated companies corresponding to the part of the investor in the profits or losses after tax of the affiliate company at the time of the end of each fiscal year when the establishment and presentation of the consolidated financial statements. Affiliate company is a joint stock company has preferred stock dividends held by outside shareholders, the investor must exclude the preferential dividends section before determining his ownership portion of profits or losses from affiliates, including when no official announcement on the dividend paid in the period.
-Case losses in associated companies that investors bear the brunt greater than the value of the investment account, logging on the consolidated financial statements, the notes only investors value investments in the consolidated financial statements until it otherwise (= 0).
-Where the investor is obliged to pay instead of the affiliate company of debt that investors have guarantee or commitment to pay then the greater disparity of losses in associated companies and logging values of investments are recorded as expenses are charged. If the company then associated works with interest, investors noted his ownership portion of interest that after the offset is part of net losses have not been accounted before. The equity method is applied in the accounting of investments in associated companies when establishing and presenting the consolidated financial statements of the investor.
B3) adjust the difference arises when buying investments in associated companies When buying investments in associated companies, if the difference between the purchase price of the investment and the investor's property according to the reasonable value of the net assets can be determined by the company at the time the links to purchase investments investors must determine that difference into parts as stated in point d item 1.3.2 above. At the same time the end of each fiscal year, when the consolidated financial reports, when determining the portion of profits or losses of the investments in associated companies, investors must make appropriate adjustments:-difference between allocation reasonable value and the value of net asset book record can be determined by associated companies;
-Allocated account commercial advantage (or commercial advantage).
B4) to adjust account dividends, profits are divided into: Account of dividends, profits are split from associated companies in the period to record the logging value reduction on investments in associated companies and the profits or losses from affiliate companies.

B5) adjust the account changes in equity of associated companies: the case of the equity of associated companies has changed (but not reflected through reporting the results of operations in the period, such as the revaluation difference of assets, the difference in rates is not recorded as interest rates , hole in the States), based on the accounting Balance Sheet of the company the link to determine and record the part owned by investors in the value change in equity of associated companies. This account was recorded an increase (decrease) the value of investments in affiliated companies and the corresponding items of the equity investors;
c) portion of profits or losses in the period owned by investors in your affiliate company identified as prescribed in point b2, b3, b4 mentioned above must be recorded and presented as a separate item on the reported results of operations (in the item "profits or losses in associated companies the joint venture, ").
d) to cater to the consolidated financial statements, the Accounting Division merge to open the "detailed accounting to track investments to each affiliate company" and "Window track allocation difference arises when buying investments in associated companies".
D1) detailed accounting to track the investments in associated companies: this Book is part of a detailed accounting system serves for the preparation and presentation of consolidated financial statements in accordance with accounting standard no. 25-"consolidated financial statements and accounting investments in subsidiaries".
Accounting books detail the investments in associated companies must follow the following criteria: value logging investments in associated companies; Account adjustments at the end of each financial year corresponds to the part of the investor in the profits or losses of the associated companies; Tuning parts increase (decrease) the investment according to the value of the equity of associated companies but are not reflected in the reported results of the associated companies; Account adjustments due to the financial statements of the investor and the company was established on other links; Account adjustments by investors and affiliates do not apply uniform accounting policies.
* * * * * * * * * * * (see attachment no. 1) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * data base to write a detailed accounting of investments in associated companies is the table determine the portion of profits or losses in associated companies (No. 3), the documents other related documents when consolidated financial reporting for investments in associated companies.
D2) as the distribution difference arises when buying investments in associated companies.
This book is part of a detailed accounting system serves for the preparation and presentation of consolidated financial statements is used to track the process of allocating the difference arises when buying investments in associated companies (if any). As the allocation difference arises when buying investments in associated companies must follow the norms: content distribution, the total value of disparity arise when buying investments, depreciation time LOAN or distribution for commercial advantage, the value of the annual allocation.
* * * * * * * * * * * (see attachment 2) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * data base to track log allocation difference arises when buying investments in associated companies is the voucher-related buying investments, the document identifies the logical value of the net assets can be determined and commercial advantage (commercial advantage) (if available).
e) using the financial statements of the affiliated companies as consolidated financial reporting-when applying the equity method for presenting investments in associated companies in the consolidated financial statements, investors should use the financial statements of the affiliated companies created together with the financial statements of the investor. When can not have the same financial reports on the use of financial reports created on different days. This case when consolidated financial reporting must adjust the influence of the events and critical transactions between the investor and the associate company arising between reporting of financial investors and on financial reporting of the company links;
-Affiliate company applied accounting policy other than the investor for transactions and events in similar circumstances, the investor must make appropriate adjustments. The case that investors can't perform the adjustments that they must explain in A presentation of financial statements.
2.2.2. Methods to determine and record the tune when set up and presentation of the consolidated financial statements of the investor for the investments in affiliated companies under the equity method a) to identify and record the part profits or losses of the investments in associated companies and other adjustments to investments following on from last year to your the adjacent front main a1) identify the part profits or losses of the investments in associated companies and other adjustments were recorded from the year before.
Portion of profits or losses of investments in associated companies and other adjustments have been recorded since the end of the previous year's investment date is determined by the value of logging items "investments in associated companies, joint ventures" in the consolidated balance Sheet of the previous year minus the original price of adjacent items "investments in associated companies the joint venture, "in the balance Sheet in front of investors.
A2) noted the part profits or losses of the investments in associated companies and other adjustments after the investment last year prior to the date of adjacent to the consolidated accounting balance sheet this year.
-For the record, has recorded profits: increase the item "investments in associated companies, joint ventures" Increase "in profit items not yet in distribution".
-For the record, has recorded losses: reduced items "profit not distributed" Lose the item "investments in associated companies, joint ventures".
-For the adjusted increase (decrease) due to the revaluation of assets (if any), write: + If adjusted increase, record: Increase the item "investments in associated companies, joint ventures," Increase the item "difference of revaluation of assets".
+ If adjusted decrease, record: Reduce disparities "item revaluation of assets" to the item "investments in associated companies, joint ventures".
-For the adjusted increase (decrease) exchange rate difference: + If adjusted increase, record: Increase the item "investments in associated companies, joint ventures," Increase the item "exchange rate disparity".
+ If adjusted decrease, record: Reduce the items "exchange rate disparity" Reduce the item "investments in associated companies, joint ventures".
b) to identify and record the part profits or losses in the year of reporting of investments in affiliated companies under the equity method.
B1) determine the portion of profit or loss in the year of reporting of investments in associated companies.

When consolidated financial reporting, investor based on the reported results of operations of the company the link to determine the part of your profits or losses in the profit after tax of associated companies. Then, the investor based on the documents and vouchers when buying investments, figures about dividends, profits are split in order to determine the value for the current reporting year for the account: allocate the difference between reasonable value and LOAN logging values can be determined; Part allocation of commercial advantage (or commercial advantage); Profits, dividends are divided have get in the States. Detailed metrics logging value adjustment on investments in associated companies as part of profit or loss in associated companies is reflected in the "determine the portion of profits or losses in associated companies" (number 3) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * (see attachment 3) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * "Tables determine the portion of profits or losses in affiliated companies" is written on the base of column 5 of "ledger genus the investments in associated companies "(...) * determining the portion of profits or losses in affiliated companies according to the following principles: + investors determine the profits or losses of the part themselves in affiliated companies under the equity ratio (if invested in stocks, then according to the face value of common stock have voting rights) in equity of associated companies if male ratio of profit to be divided or rate the investor incurs losses equivalent to the rate of capital according to the formula below: the profits or losses of the direct investor in the company link = the total capital contributed by investors in your affiliate company-----------------------------------the total equity of associated companies 100% x x the total profit or loss in the period of the company links


 
 
 


Portion of profits or losses of the indirect investors in your affiliate company = the total capital contributed by subsidiaries investments in associated companies---------------------------------the total equity of associated companies 100% x x the total profit or loss in the period of the associated companies associated company * is a joint stock company When determining the portion of profits or losses of the investments in associated companies, investors identify shares in affiliated companies according to the face value of shares;
* No company is a joint stock company, when determining the portion of profits or losses of the investments in associated companies, investors identify shares in associated companies is the total value of capital has contributed (in money or property) until the time of the establishment of the consolidated FINANCIAL STATEMENT in the report.
Eg determine part profits or losses of the investments in associated companies (direct investors): In December 01/01/2004, company A company B of the investment in the form of buying common shares have voting rights (to buy 2,000 shares, par value is 10,000 USD , the purchase price is 11,000 USD). The total number of common shares have voting rights of company B was 8,000 shares (with the total face value is 80 million USD), profits have not yet accumulated distribution to the company's 2004 B is 20 million USD. The total profits of the company B in 2004 is 5 million USD. In late 2004, when the company established A consolidated financial report, the company is A part of his profits determined in affiliate company B as follows: the portion of A company's profits in the company B = 2000 x 10,000----------------------------------8,000 x x 100% x 10,000 + 20 million 5 million = 1.000.000 eg determine the portion of profits or losses of the investments in associated companies (in the case of indirect investors) : Company A is the parent company of the company b. At January 1st, 2004, the day the company B invest in company C in the form of capital contribution by the property. Raw price of property carried away which is 9 million USD, the value of the property revaluation brought capital contribution under the agreement of the company B with C company is 10 million USD. The total equity of the company C prior to receiving the company's capital is 40 million USD. The total profits of the company C in 2004 was 2,500,000 VND. In late 2004, when the company established A consolidated financial report, A company determines its profit in part the company link C as follows: the portion of A company's profits in the company C = 10 million------------------------------40 million + 10 million x 100% x = 2,500,000 500,000 + other capital rate case with the profits to be divided or losses incurred due to other deals between investors and associated companies, the profits or losses of the investments in associated companies is determined based on the minutes of the agreement between the investor and the company links;
+ When determining the account adjusted to "determine the portion of profit or loss in associated companies" shall be as follows: * of the allocation of a larger difference between the reasonable value and the value recorded by the logging of audio recording form in parentheses (* * *);
* The number of allocated a smaller difference between the reasonable value and the value recorded normal logging;
* Of the allocation of commercial advantage be recorded by acoustic number in the form given in parentheses (* * *);
* Number of allocation of sound commercial advantage be recorded normally.
B2)-noted clause tuning part profits or losses in the period of investments in associated companies in the consolidated financial statements of the investor-When consolidated financial reporting, based on the results determine the portion of profits or losses in the period in the company accounting records, link :-If the results determine account adjustment is with interest, noting: "item Increases investment in associated companies, joint ventures" Increase "in profit items not yet in distribution".
At the same time part of this profit was recorded an increase in the item "profit or loss in associated companies, joint ventures" in reporting the results of business activities incorporated-If results determine the adjusted loss, scoring: reduced items "profit not distributed (only burn steady until the account has a null value (= 0) Reduce the item" investments in associated companies , venture ".
At the same time this hole section is scored on the item "profit or loss in associated companies, joint ventures" in reporting the results of business activities consolidated form in parentheses (* * *).
c) When the equity of associated companies to change but not yet reflected on the reported results of operations in the period of the company links (such as the re-evaluation of LOAN and investment accounts, the difference in the exchange rate of Exchange), investors must adjust the value of the investment account, logging on to associated companies corresponding to its own section in the the equity of the company on the following link: c1) where the equity of associated companies increased, decreased due to the revaluation of assets, investors must determine its own part in the increases, reducing the disparity reassess property, burn:-If the equity of associated companies increased due to the revaluation of assets investors, adjust value increase logging investments in associated companies corresponding to its own section, write to: Increase the item "investments in associated companies, joint ventures," Increase the item "difference of revaluation of assets".
-If the equity of associated companies decreased due to the revaluation of assets, investors adjust logging value reduction on investments in associated companies corresponding to the part of its owners, record:

Reduce the disparity "item revaluation of assets" to the item "investments in associated companies, joint ventures".
C2) case the equity of associated companies increased, decreased due to the difference in the exchange rate of foreign currency, investors must determine its own part in the increases, reducing the disparity in rates, burn:-If there is interest, the difference in the exchange rate of foreign currencies, record: Increase the item "investments in associated companies the joint venture, "Increase the item" exchange rate disparity ".
-If there are holes, the difference in the exchange rate of foreign currency, recording "items: reduced disparity rates" Reduce the item "investments in associated companies, joint ventures".
d) value adjustments on investments due to the use of the financial statements of the affiliated companies are not created the same day as the financial statements of the investor d1) where the financial statements of the affiliated companies are not created the same day as the financial statements of the investor, when the consolidated financial reports investors must make adjustments for the effects of the events and critical transactions between the investor and the associate company arising between reporting of financial investors and on financial reporting of the company link. For example, investors who buy or sell the materials, goods, large-value LOAN or loan funding transactions for your affiliate company but not yet reflected on the financial statements of the company's own links.
-The case of critical transactions between the investor and the company links lead to increase the investor's property section in the profits or losses in associated companies, record: Increase the item "investments in associated companies, joint ventures" Increase "in profit items not yet in distribution".
-The case of critical transactions between investors and reduces the associated company part owned by investors in the profits or losses of the associated companies, write: reduced "profit items not yet distributed" Lose the item "investments in associated companies, joint ventures".
At the same time the part profits or losses must be recorded in the item "profit or loss in associated companies, joint ventures" in reporting the results of operations..
D2) cases could not determine the impact of these events and critical transactions between investors and affiliate company, the investor must present reasons and the explanation in A presentation of financial statements.
DD) adjust the value of investments by investors and companies use different accounting policies where there are differences in the application of accounting policies for similar transactions and events between investors and affiliates, investors must adjust the portion of your profits or losses in associated companies by converting the accounting policies of the company link on accounting policy of the investors. The difference arising from the conversion of the accounting policies are adjusted to the value of the investment, record: + If the differences in the application of accounting policies leading to increased profitability of investments in associated companies, record: Increase the item "investments in associated companies the joint venture, "Increase" in profit items not yet in distribution ".
+ If the difference in applying accounting policy led to a drop in profits of investments in associated companies, write: reduced "profit items not yet distributed" Lose the item "investments in associated companies, joint ventures".
At the same time, increase this profit must be reflected in the item "profit or loss in associated companies, joint ventures" in reporting the results of operations.
Example of identifying and acknowledging the part owned by investors in the profits or losses of the associated companies after the date of investment in consolidated financial statements.
On 01/06/2004, the company purchased A 40% stake of the company B (in this case A company is an investor has significant influence with company b. company B therefore are associated companies of the company A) price of 140,000 (thousand).
At the date of purchase, company B has the balance Sheet as follows: unit: 1,000 VND value reasonable Money value logging to the account receivable LOAN inventory (rest value) total assets liabilities equity total liabilities 10,000 40,000 80,000 190,000 320,000 70,000 250,000 320,000 10,000 40,000 80,000 270,000 400,000 70,000 330,000 400,000 at the date of purchase , A company must specify:-the original purchase price of the investment is: 140,000-log value of the net assets of 40% can be determined is: 40% x (320,000-70,000) = 100,000-difference: difference in 40,000 40,000 allocated for these items has the disparity between the value and the value logging : items have logging value disparity reasonable difference between logging value and reasonable value of 40% of the difference in fare between 190,000 270,000 80,000 32,000 LOAN: 32,000-40,000 = average 8,000 commercial advantage of investors incurred when buying the investments in associated companies. Or: the difference between the original purchase price of the investment (is 140,000) with 40% of the net assets can be determined according to a reasonable value ((400,000-70,000) x 40% = 132,000) is 8,000. This difference is the trade advantage.
The difference between the value of log with reasonable value of the LOAN and the commercial advantages identified at the time of purchase of investments need to be allocated and adjusted as determined and recorded the part profits or losses of the investments in associated companies as consolidated financial reports every year. The depreciation time LOAN or distribution trade advantage need to base on time use utility of each LOAN and the current rules on the allocation of commercial advantage.
Assume: LOAN amortization is 10 years;
Commercial advantage in 20 years.
Last year, when the consolidated financial reports, company A difference in distribution between the value and the value of its LOAN book and record distribution and commercial advantages as follows: as the allocation difference arises when buying investments in associated companies the content distribution of total depreciation time difference (allocate) 2004 2005 2006 ...-the difference between reasonable value and the value of logging LOAN-commercial advantage 32,000 8,000 10 years 3,200 400 3,200 400 3,200 400 20 years the total annual allocation 3,600 3,600 3,600 assumed in 2004, company B has a profit is 20,000, A company must reflect the portion of your profits or losses in associated companies on the consolidated financial statements as follows : the profits or losses of the company A in affiliated companies B in 2004 = 40% × 8,000 = 20,000 total adjusted increase profits not yet distributed the original price and the investments in associated companies A in 2004 = 8,000-3,600 = 4,400 Table defined part of profit or loss in associated companies associated companies B 2004 STT content adjusted year year ago 1




Part of profit or loss in associated companies allocated 8,000 2 difference between value and value LOAN logging (3,200) 3 allocation of commercial advantage (400) 4 profit, dividends are divided have gotten-5 Plus the adjusted 4,400-after determining the total adjusted increase profits not yet distributed the original price and the investment in the associated company A in the in 2004, the record: Increase the item "investments in associated companies, joint ventures": 4,400 items Increase "in profits not yet distributed": 4,400.
At the same time part of this profit was recorded an increase in the item "profit or loss in associated companies, joint ventures" in reporting the results of operations.
2.2.3. The presentation on investments in associated companies in the consolidated financial statements a) value of investments in associated companies are recorded according to the original price and adjusted at the end of each financial year and is reflected in the item "investments in associated companies, joint ventures"-code 252 in the "consolidated balance Sheet".
b) presentation In consolidated financial statements, investors are presented:-the list of companies associated with the information about the property and the percentage (%) voting rights, if this rate ratio (%) owned part;-accounting methods used in accounting to investments in associated companies in the consolidated financial statements.
III. ACCOUNTING STANDARDS GUIDE "FINANCIAL INFORMATION ABOUT the VENTURE CAPITAL ACCOUNT." Active-venture accounting in the form of business cooperation contract 1.1. The case of a joint venture in the form of business activities 1.1.1-controlled Council. General provisions a) business cooperation contract form business activities Control Board is operating venture established a new business establishments. The parties are obliged to venture and to enjoy the rights under the agreement in the contract. Activities of the joint venture agreement was the party had done the same with the other common business activities of each party.
b) business cooperation contract regulating the expenses incurred for business operations Committee by each side venture spent the party that incurred; For general expenses (if any) shall be based on the contractual agreement to divide for parties.
c) parties to the joint venture must open accounting books to record and reflected in its financial statements the following contents: + venture capital contribution and assets under the control of the parties to the venture capital contribution;
+ Pay debts incurred;
+ The revenue to be divided from sales or provide the services of the joint venture;
+ The costs incurred.
d) When the joint venture parties have incurred costs to General Ledger to open notes, gathering the entire general costs. Periodically based on the agreements in the joint venture agreement on the allocation of common costs, accounting and general costs allocation Table set (No. 4), the joint venture parties endorsed, delivered to each side to keep a (original). The Board to allocate general costs attached to the original document is legitimate grounds for each side venture Accountant General cost is allocated from the contract.
DD) where the contract stipulates production sharing ventures, according to the agreement in the joint venture agreement, the parties to the joint venture must establish the product division Table (No. 5) to the parties and the parties had confirmed the number, product specifications are divided from the contract, delivered to each side to keep a (original). Each product delivered, when the parties to the joint venture must establish delivery Slip product (or output votes) two copies, delivered to each party holds one copy. The vote is the base product delivery to the parties to the joint venture accounting logging, tracking and liquidation of contract base.
* * * * * * (see form No. 4 and no. 5 attached) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * e) where joint venture agreement provisions divided by revenue, according to each party's sales joint venture was given the responsibility to sell the product to other parties households must release the Bill for the whole of the contract product. Periodically, according to the agreement, the parties must establish sales revenue split Table (number 6) and was the party, entrusted to each side holding a primary. When getting the table split the revenue, the parties to the joint venture does not sell products are invoiced sales for vendors with products of the revenue from the contract. The Bill is for the parties to the joint venture accounting sales revenue from the contract.
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********* (xem Biểu mẫu số 6 đính kèm) *********
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1.1.2. The accounting method of the economic profession related to costs, revenues of the business functioning Control Board (1) accounting costs arising in each venture a) based on the Bills, vouchers, collection charges where the venture side incurred when taking control of copper trading activities , write: 621, 622, TK Debt 627, 641, 642 (details for the contract) TK 133-Debt Tax deductible (If any) Are 111, 112, TK 331, ... b the final transfer fee) incurred to set BUSINESS expenses of the joint venture agreement, record: 154-ANNUAL BUSINESS cost TK Debt unfinished (for the contract) have the TK 621 , 622 627, (the contract) c) accounting costs incurred by parties in private BUSINESS ventures in the case of production sharing contracts: c1) when the product is split from the joint venture contract warehousing, based on votes from products and delivery contracts, warehousing and votes the relavent TK-152: debt record, raw materials, material (if the product was divided not into final products) TK 155-Debt (If the product is divided into product) Debt-items go on sale 157 TK (If delivered products are divided then sold not through the repository) have the TK 154-unfinished BUSINESS costs (for the contract).
C2) when the product is divided from the contract and put to use immediately for the production, trading, based on votes from products and delivery contracts and the relevant vouchers, records: 621-TK Debt costs, direct material costs and PRODUCTION-154 TK Have unfinished (for the contract).
d) joint venture agreement case no rules divided into products that are delivered to a party of selling out, after the release of the Bill for the party selling the product, the cost of private transfer to the contract on the price of capital goods to sell, write: debt capital-632 sales TK Have TK 154-unfinished BUSINESS costs (for the contract).
(2) accounting common costs incurred by each of the parties to the venture suffered a) accounting in joint venture participants have incurred costs in common costs) when the a1 overall venture parties incurred, based on receipts, vouchers, records: TK Debt 621 , 622 627, 641, 642, (for the contract) Owed TK 133-VAT deductible (If any) Are 111, 112, TK 331, a2 ...) if the joint venture agreement provisions to divide costs last period, based on general rules of contracts, accounting establishment table of allocation of costs incurred for the capital contribution other venture party and after the party accepted venture , based on the allocated costs for parties to other venture capital contribution, scoring 138 TK-Debt receivable: other (details for each partner) Have TK 133-VAT deductible (If any) 621, 622, TK Has 627, 641, 642.
b) accounting in joint venture parties not general costs accounting for joint venture agreement based on the table of allocation of the cost of the joint venture agreement has been the parties accept joint venture capital contribution (by the side of the General cost accounting provides), record: 621, 622, 623 TK Debt, 641, 642 (details for the contract) TK 133-Debt Tax deductible (If any) Have to pay the other (338-TK Details for general costs accounting partners).

(3) product sales accounting in case a side venture sells goods and household Division revenue for the other partners a) accounting in the sellers products-When selling products under the provisions of the contract the seller must release Bill for all products sold out, at the same time reflects the total amount of sales of the joint venture activities , record: 111, 112, 131 TK Debt, ...
There are 338-other pay TK (for the contract) have the TK 3331-tax (If any).
-Based on the rule of joint venture agreement and the allocation of revenue reflects the revenue corresponding to the interests of the joint venture parties enjoy, scoring 338 for TK-pay Debt: other (details for the contract) have the TK 511-sales and provide services (benefits that the seller was entitled to under the agreement in the contract).
-Upon receipt of the invoice by the partner does not sell a product released under the number of the revenue that the partner it was entitled from the contract, record: 338-TK Debt to pay another (for the contract) Owed TK 3331-tax (33311-If both split the output VAT) 338-other pay TK Available (details for each partner)-When payment product sales by the partner not sell products, record: 338-TK Debt to pay another (details for each partner) Have TK 111, 112, ... b) accounting in the right not to sell products-venture non-participating Parties to sell the products of the joint venture based on the table of allocation of revenue were parties and confirmation by the relevant certificate from the seller of product offers , billed for the sellers product according to the number of sales that I enjoy, scoring 138-TK: debt receivable (including tax if both the output Vat, split details for the sale of products, partners).
There are TK 511-sales and provide services (details for the contract and according to the amount of money to be divided) Have TK 3331-tax (If divided both the output VAT).
-When the partner payment product sales, based on the actual amount received, record: 111, 112, TK Debt ... (The amount due to the contractual partner transferred).
There are 138-other receivable TK.
(4) accounting profits in case the contract provisions divided by profit before tax a) accountant accounting made side business partnership contract + When selling products under the provisions of the contract the accounting party must release Bill for all products sold out, at the same time reflects the total amount of sales of the joint venture activities , record: 111, 112, 131 TK Debt, ...
There are TK 511-sales and service providers (for the contract) have the TK 3331-tax (If any).
+ Based on the costs of production and business practice relating to business cooperation contracts, accounting and transfer costs to calculate the cost of production and business unfinished or finished goods warehousing (if available). When selling the product under the provisions of the contract price which defined accounting wholesale, write: debt capital-632 sales TK Have TK 154, 155 + after the transfer of revenues, capital cost and determine the results of operations, based on the accounting regulations of business cooperation contract and results Division profit before tax profit before tax, reflecting the corresponding benefits that subdivisions are entitled and are charged to the partner, write: the case of interest: TK-421 Debt not profits distribution (for the contract) Are not profit-421 TK distribution (Section entitled units) Have to pay the other (338-TK Part partners are entitled to , details for each partner): debt holes case TK 421-profit not distributed (most units suffered) Indebtedness TK 338-pay (Section partners suffered, details for each partner) have the TK 421-profit not distributed (for the contract) + When payment for the partner , record: 338-pay debt-TK (details for each partner) Have TK 111, 112, ... b) accounting in the party does not perform contract accounting HTKD + Side venture not involved selling the venture's products based on the results of Division pre-tax profit from the contract and the relevant vouchers by provider partners , record: 138-other receivable debt-TK (details for partners selling products).
There are 515-TK financial operations revenue (profits divided) + Once the partner payment product sales, based on the actual amount received, record: 111, 112, TK Debt ... (The amount due to the contractual partner transferred).
There are 138-other receivable TK.
1.2. in case of joint venture in the form of copper 1.2.1 control property. General provisions a) copper assets controlled by the parties to the venture capital contribution is the property to be contributed or because the parties to the joint venture purchase, used for the purpose of the joint venture and bring benefits to the parties to the joint venture pursuant to the joint venture agreement.
b) on each side of the venture is getting the product from using the same asset control and be a part of costs incurred according to the contract agreement.
c) venture parties to open the detailed accounting on accounting system to record and reflected in its financial statements the following contents: + shares on the same property control, are classified according to the nature of the property;
+ Pay debts incurred separately by each side venture capital contribution;
+ The part payable incurred collectively have to suffer along with other parties the venture capital contribution from the joint venture activities;
+ The earnings from the sale or use of the product are divided from the venture along with the costs incurred are divided from the operation of the joint venture;
+ The expenses incurred related to venture capital contribution.
d) cases arising costs, general revenues that the parties to the contract have to suffer or enjoy the JV parties to implement the provisions of accounting such as for business activities Control Board.
1.2.2. Accounting some content related to the property venture copper operation control a) venture side bring the case fixed assets of his capital contribution to the business cooperation contract in the form of assets, accounting control Board continued to track LOAN on TK 211 and only reflects the change of purpose where the use of fixed assets.
b) venture side case buy or bring other assets capital contribution goes into the business cooperation contract in the form of copper property control, based on the actual costs spent to get the same property control, record: 211, 213 TK Debt (the same property control in business cooperation contracts) Owed TK 133-VAT deductible (If any).
Have the TK 111, 112, ...
There are TK 331-are charged to the seller.
c) where the venture side alone or in collaboration with other partners in progress of construction investment to get the property Committee: c1) based on the actual cost of the venture, the parties spent record: 241-TK Debt construction unfinished (the business cooperation contract property Control Board) Owed TK 133-VAT deductible (If any).
There are 111, 112, 152 TK, 153, 155, 156, ...
There are TK 331, 341, ... c2) When XĐCB of investments put into use, settlement, accounting and asset valuation Committee formed through XDCB investment and the expenses are not browser (if any), write: 211-TK tangible LOAN Debt (the same asset control) 213-TK invisible LOAN Debt (the same asset control) 138-TK Debt Must other collectors (1388) (the cost of not browse to recall more details-if available) TK-152 Debt materials, materials with TK 241-XDCB unfinished.
C3) based on the sources of capital to invest, build assets, the accounting control board switched business capital under current rules.
C4) method of recording the economic profession related to cost accounting, revenue property venture that the Party Committee have to suffer or enjoy, as prescribed for cases of Operations Committee.
2. Accounting venture capital contribution in the form of established base Business Council control 2.1. General provisions

a fellow business establishments) of control established by the parties to the venture capital contribution (base Board of control) is the basis of the new business has operated like independent operation of a business, but still under the control of the parties to the venture capital contribution under the joint venture agreement. Base business Committee to oversee the Organization of separate accounting in accordance with the current law of accounting as other businesses. Base business Committee is responsible to control the assets, liabilities, revenue, other income and expenses in the unit. Each Party contributed capital enjoying a part of results of activity of Business Council under the control of the joint venture contract agreement.
b) The parties to the joint property or money to the venture. Shares must be recorded by this book and are reflected in the balance Sheet of the party is a joint venture of investment items on base Business Council control.
2.2. the venture capital accounting on the basis of business planning and Control Board presents financial statements donate party's own venture capital 2.2.1. Change account name "venture capital contribution 222" 222 "capital account" 222 user account to reflect the entire venture capital in the form of established base Business Council control and the situation of the venture capital back at the end of the joint venture contract.
Capital on the basis of Council control of the enterprise includes all the types of assets, supplies, funds which owned of the business including long-term loan used in the building.
TK 222 accounting-capital venture need to respect some provisions after 1. The value of capital contributions on the basis of the Business Committee reflect on this account must be the value which the parties to the venture consistent reviews and approved within minutes.
2. where the venture capital contribution by materials, goods:-If the price reviews of materials, goods is higher than the value recorded on the ledger at the time, then this difference is recorded in other income. Other income due to difference of evaluation materials, goods correspond to the interests of the parties to the venture capital contribution must be deferred and recognized as revenue is not yet done. When the base Business Council to control the sale of supplies of goods to a third party independent, revenues have not yet made the switch to other income.
-If the price reviews of materials, goods is lower than the value recorded on the ledger at the time, then this difference is recorded in other expenses.
3. where the venture capital contribution by fixed assets:-If the price reviews of LOAN is higher than the value recorded on the ledger at the time, then this difference is recorded in other income. Other income disparity re-evaluate LOAN corresponding to the shares of the parties to the venture capital contribution must be deferred and recognized as revenue is not yet done. Every year, the revenues have not yet made this (interest rate due to re-evaluate LOAN taken venture capital contribution) are allocated other income gradually over time using the expected utility of fixed assets taking venture capital contribution.
-If the price reviews of LOAN is lower than the value recorded on the ledger at the time of the capital contribution, the difference is recognised in other expenses in the period.
4. When withdrawing capital venture Department of the Business Committee, based on the value of supplies, property and money so ventures returned to reduce amount of capital has contributed. If a loss by not withdrawing enough capital, then the account losses are recorded as financial expenses. If higher recovery value of capital has contributed to this interest shall be recorded as revenue of the financial activity.
5. Gains from investment and venture capital contribution on the basis of the Committee's financial operations revenue account and be reflected on the account party 515 "financial operations revenue". Of profit share for the parties to the joint venture may be full payment or partial payment by each accounting period and may also hold additional capital to the venture if the parties to the venture approved.
The expenses of the joint venture activity arise are reflected in the Debt party TK 635 "financial costs".
6. The parties to the venture capital contribution on the basis of the Business Committee has the right to transfer the value of their shares in the joint venture. The case for higher transfer value of capital has contributed to the venture, the interest rate difference due to the transfer of capital is reflected in the party Have TK 515 "financial operations revenue". Conversely, if the transfer value is lower than the number which was the difference in the hole caused by the transfer of capital is reflected in the Debt party TK 635 "financial costs".
7. With respect to the copper base control, when the transfer parts of capital between the parties to the venture, the costs related to the transfer of the activities of the non-party accounting on accounting book of business that only track capital sources and details the procedure of converting the owner's name on the certificate of registration of business or investment licenses.
8. for other partners or joint venture parties acquired the shares of the other party within venture, reflecting shares in joint ventures according to actual purchase price (the price to buy shares can higher or lower than the value of the shares transferred at the time of execution of the transfer).
9. to open the accounting ledger details track the account equity joint venture on the basis of Business Council under the control of each of the partners, each time and each account which had recovered, the assignment.
The structure and content reflect the account's 222-Party venture capital fund: number of venture Debt has contributed to the Business Council of the increased control.
Parties: the capital to venture into business establishments reduced by the control Council had recovered, transfer.
The party balance of the debt: capital contributions to joint venture on the basis of the Business Council's control.
2.2.2. Methods of accounting the economic profession related to the capital on business establishments Committee (1) venture capital accounting on the basis of Council control a) When venture capital contribution by the funds on the basis of the Business Committee, write: debt capital-venture 222 TK Have TK 111-cash which TK 112-bank deposits.
b) When raising capital to venture into business establishments controlled by copper materials, merchandise, record: b1) When venture capital contribution on the basis of the Business Council of the control by using the materials, goods, items: debt capital-venture 222 TK (by price reviews back);
811-other costs TK debt (number of log value disparity greater than price reviews back);
There are 152, 153, 155, TK 156 (logging accounting value);
There are 711-other income of TK (the number of variances of smaller logging value price reviews back);
B2) cases of difference of price revaluation of supplies, goods greater than the value of logging supplies, commodities, capital contribution to joint venture parties reflect deferred other income section corresponds to the capital contribution rate of his unit in the venture, record: 711-other income debt-TK (income corresponds to the interests of the parties to the venture capital contribution) Are not revenue-3387 TK done (the disparity due to re-evaluate LOAN take away capital contribution on the basis of the Business Council of the control).
B3) As copper trading base of control of materials, selling goods that for independent third parties, on which the venture pass sales have not made on other income in the period, scoring: debt revenue-3387 TK not TK Has done other income-711 c) case which is equal to fixed assets : c1) When venture capital contribution on the basis of the Business Council controlled by fixed assets, recorded: debt-equity venture 222 TK (according to the actual value of the LOAN by the unity party reviews);
TK 214 debt-depreciation LOAN (no depreciation was quoted);

811-other costs TK debt (revaluation difference smaller than the remaining value of the LOAN);
There are 211-TK tangible LOAN (original); or TK 213-LOAN invisible (original);
There are 711-other income of TK (Of greater rank difference worth the rest of the LOAN).
C2) case of price difference re-evaluate LOAN is greater than the value of the remaining LOAN, venture capital contribution party must reflect deferred other income section corresponds to the capital contribution rate of his unit in the venture, record: 711-other income debt-TK (income corresponds to the interests of the parties to the venture capital contribution) Are TK 3387-sales not yet done (the difference due to re-evaluate LOAN take away capital contribution on the basis of the Business Council of the control).
C3) annually based on the time use of fixed assets provide capital contribution, accounting return allocation of revenue have not made on other income in the period, scoring: debt revenue-3387 TK not yet done (the disparity due to re-evaluate LOAN take away capital contribution on the basis of the Business Council of control);
There are 711-other income of TK (the unrealized revenue allocated for 1 year).
C4) where the joint venture agreement ends, or the parties transfer capital contribution shares to venture to the other partners, the transfer of the entire difference due to re-evaluate LOAN while the remaining capital contribution (currently reflected in the party Have TK 3387 "revenue is not yet done") to other income, accounting record TK: debt-3387 (the disparity due to re-evaluate LOAN taking capital contribution of the base business Committee);
There are 711-other income of TK.
d) Vietnam business case is State land to which joint venture with foreign companies by the value of land use, water, sea, after the State's decision to donate land to the venture and traffic procedures done for the venture, record: TK 222-Debt capital venture has the 411-business capital of TK (the State capital).
DD) where parties are split into venture capital contribution of profits but use the profit to be divided to contribute more capital into the venture, TK 222-Debt record: capital ventures Have TK 515-financial operations revenue.
(2) cost accounting for venture activity and profits received from joint venture: a) the expenses related to venture capital contribution activities arise in States (loan interest rates to which the land rent, other costs, ...), record: 635-TK Debt financing costs Owed TK 133-VAT deductible (If any) Are TK 111 , 112, 152, ... b) reflect the profits from the venture arising in the period when the notice about the profit numbers are divided or receiving money, burn:-upon receiving notice about the profit numbers are divided, record: 131-TK Debt receivable of the client (When getting venture's paper) has the TK active sales-515.
-When receiving money, record: 111, 112 TK-Debt (the amount received) Has 131-receivable of the client.
(3) accounting and recovery of capital on the basis of the Business Council to control the end joint venture agreement or contract basis to control the termination of operation a) When financial contributions on the basis of Council control, based on the delivery documents of the parties to the joint venture, TK Debt record: 111 , 112, 152, 153, 156, 211, 213, ...
There are TK 222-venture capital.
b) amount of capital not recovered due to unprofitable business venture is considered a damage deposit and are charged to the cost of financial operations, write: TK 635-Debt financing costs Have TK 222-venture capital.
c) recovery value exceeds the capital on the basis of the Control Board is considered income and are charged to financial operations revenue, record: 111, 112, 152 TK Debt, 153, 156, 211, 213, ...
There are 515-TK financial operations revenue.
(4) transfer of capital accounting on the basis of a control board business) for business equity ownership transfers on the basis of Council control, based on the reasonable value of the property received by the party of the assignee to payment, record: 111, 112, 152 TK Debt, 153, 156, 211, 213 ,...
TK 635 debt-financing costs (If the reasonable value of the property received a lower number of which had contributed) has a TK 222-venture capital Have TK 515-financial operation revenue (If the reasonable value of the property received the higher number of which had contributed).
b) Vietnam-party case is State land to join the venture, when the transfer of capital on the basis of the Business Committee for the foreign party and the return of land use right for the State, write: debt-trading capital 411 TK Have TK 222-venture capital.
If the partner paid for Vietnam party a sum of money as a compensation for the transfer (in this case the base Business Council control shifted to land rent), record: 111, 112, TK Debt ...
There are 515-TK financial operations revenue.
c) for business equity the assignee, if the partner to join the venture capital contribution after rising more ownership for the Business Council of the facility to control the aggregate amount of capital has contributed to and based on the percentage of voting rights to determine the investment on this basis is the investment in subsidiary or associated company investments links, write: TK-221 investments in Debt the company Owed TK 223-investments in affiliated companies Have TK 111, 112 (the amount paid to the contributions of the earlier venture capital to take ownership) Are TK 222-venture capital.
d) for business the assignee, if participating in the new venture to become parties to the venture capital contribution recorded account equity joint venture on the basis of the original record, price: 222-equity for TK Debt ventures Have the TK 111, 112 (amount already paid to have the right to participate in the venture capital contribution) Have the TK related to the other.
VND Vietnam party) where the transfer of shares to the foreign party in the same facility and return control of land use and land rental form. Copper base control to reduce land use records and recorded the rising business capital corresponds to the right to use the land. The keep or record capital increase depend on the subsequent investment of the owner. Land lease payment by this facility does not count on the equity that the production cost accounting, business under the States respectively.
(5) accounting manual transactions between the parties to the venture capital contribution and Business Council to control a) party case which is additional capital into the Joint Business Council controlled by the property.
In this case, the similar accounting when first capital contribution specified in point (1) of section 2.2.2 above.
b) where the party selling the property venture capital contribution for the Business Council of control: b1) When the party selling the property venture capital contribution for the same base control, based on the actual selling price of the property, accounting, revenue reflects record: 111, 112, 131 TK Debt, ... (Sale price of the property, goods for venture).
There are TK 511-sale of goods and supply of services (sale of goods) that 711-other income of TK (sell LOAN cases) Have TK 3331-tax.
B2) at the same time reflect the price of capital goods to sell, write: debt capital-632 sales TK (sale of goods) 811-other costs debt-TK (case sold fixed assets-residual value) Owed TK 214-depreciation of fixed assets (estimated depreciation of LOAN) Are TK 156-goods (sale of goods cases) Are TK 211-tangible fixed assets (the original LOAN).
B3) where the party had a joint venture selling fixed assets, goods for trading copper base control with interest but in the base business Committee has not yet sold the property to a third party, independent venture capital contribution party must reflect the delayed interest rate LOAN by selling parts, corresponding with the goods of his interests in Business Committee TK-421: debt, record profit not distributed There TK 3387-sales not yet done (the interest rate corresponds to its interests in joint ventures).
B4) When the base board to control the sale of assets purchased from the capital contribution to a third party, independent venture capital contribution party record:

TK-3387 debt sales have yet to make (the interest rate corresponds to its interests in joint ventures) TK 421-profits Have not yet distributed.
c) where the party had a joint venture to buy the assets of the Business Council of control: When purchasing property from the same business establishment control, the base invoice related accounting documents acknowledging property, goods bought on as purchases of other providers. However if in the States party to the joint venture, which has not sold the property to a third party independent of the parties to the venture capital contribution is not part of his interest in accounting to venture from this transaction when it established the consolidated financial statements under the equity method.
(6) handle the balance of the revaluation difference of assets when venture capital by contribution of assets to date are also reflected on the TK 412 "disparity reassess property" 1. The case surplus Have TK, TK 412 412 record: debt-asset revaluation difference Has 711 other income-TK (corresponding to the time of use of the property taken away, which is a joint venture) Have revenue-3387 TK have not made (corresponding period of using the remaining expected useful of LOAN taken venture capital contribution).
2. the outstanding case 412: debt record, TK TK 811-other expenses there are TK 412-disparity revaluation of assets.
2.3. capital account accounting on the basis of business planning and Control Board presents the consolidated financial reports of the parties to the venture capital contribution 2.3.1. General principle a) case side venture capital contributed at least a subsidiary venture party must establish consolidated financial reports. In the consolidated financial statements donate equity joint venture on the basis of the Business Committee must be in accounting according to the equity method (except the cases specified in paragraph 27 and paragraph 28 of the norm of 8 "financial information about the venture capital account". When consolidated financial reporting side venture capital contribution must adjust the value of the account logging venture capital corresponds to the portion of the profit (or loss) after tax in the interests of the party, which is in the results of operations of the bronze base of control. The principle and method of determination noted portion of profits (or losses) in the base business Committee and the other adjustment accounts according to the equity method be implemented similar regulations when consolidated financial reporting for investments in associated companies.
b) where the party had a joint venture to buy the assets of the joint venture and has not sold this property type for an independent third party, then the party which is not a joint accounting venture his interest rate corresponding to his interest in the venture in the consolidated financial statements under the equity method.
c) value portion of profits (or losses) of the venture capital contribution in party business Committee after identified, make adjustments to the consolidated accounting balance sheet and report the results of business activities.
d) for changes in equity sources of copper base control that has not yet been reflected on the reported results of operations of business accounting, Control Board must determine its own section corresponds with part of the benefits of venture capital contribution side to adjust the logging value investments on the basis of the Business Committee.
2.3.2. the accounting equity method contributed to the Business Council of the control when the consolidated financial reports of the parties, which is a joint venture under the equity method a) adjust the portion of profits (or losses) in the copper business base and control other adjustments were recorded on the consolidated balance Sheet from the previous year since the date of purchase account investment: a1) for the profit recorded, record: Increase the item "investments in associated companies, joint ventures" Increase "in profit items not yet distributed" a2) for the hole has recorded, record: Rising profit "items not yet distributed" Lose the item "investments in associated companies, joint ventures" a3) for the adjusted increase (decrease) due to the revaluation of assets (if any) record : + If adjusted increase, record: Increase the item "investments in associated companies, joint ventures," Increase the item "difference" + property reassessment If adjusted decrease, record: Reduce disparities "item revaluation of assets" to the item "investments in associated companies, joint ventures" a4) for the adjusted increase (decrease) exchange rate difference , record: + If adjusted increase, record: Increase the item "investments in associated companies, joint ventures," Increase the item "exchange rate disparity" + If adjusted decrease, record: Reduce the items "exchange rate disparity" Reduce the item "investments in associated companies, joint ventures" b) determine and adjust the portion of profits (or losses) in the reporting year correspond to the portion of the property, which is a joint venture in the copper business base control b1) determine the portion of profits (or losses) in the reporting year of venture capital contribution in party business Committee under the equity method:-based on the reported results of operations for the year report of the Business Council of control determine the portion of profits (or losses) in the interests of the parties to the venture capital contribution in the joint venture.
-The method of determining the portion of profit or loss in the year of the report in Committee business establishments be done similar to the rules for determining the portion of profit or loss in the period of investments in associated companies as consolidated financial reporting.
B2) recorded account adjusted portion of profits (or losses) in the copper business base and control other adjustments on consolidated financial statements: – where the Business Council active control with interest, based on the number of profit after the identified part of the benefit of the parties to the venture capital contribution accounting reflections: increase item "investments in associated companies, joint ventures" (part of the profits corresponding to the possession of the parties contributed capital) to increase profits "items not yet distributed" (in the consolidated accounting balance sheet) * at the same time part of the profits are recorded in the item "profits or losses in associated companies , "in reporting the results of business activities incorporated in the report.
-Base case copper trading loss activity control, based on the number of holes after the identified part of the benefit of the parties to the venture capital contribution, accounting reflection: Reduces the item "profit not distributed (in the consolidated accounting balance sheet) Reduce the item" investments in associated companies the joint venture, "(the holes corresponding to the property venture capital contribution party) * at the same time this hole section is scored on the item" profit or loss in associated companies, joint ventures "in reporting the results of operations.
c) determine and regulate the ownership of joint venture, which is party to the account change equity sources but are not reflected on the reported results of the Business Committee.
C1) where the equity of the Business Council of control increases, rising due to revaluation of assets:-If the equity of the Business Council to control rising due to the revaluation of assets, capital contribution side venture, record: Increase the item "investments in associated companies, joint ventures," Increase the item "difference of revaluation of assets"-If the owner of capital base the Business Council to control rising due to revaluation of assets, capital contribution side venture, record: Reduce disparities "item revaluation of assets" to the item "investments in associated companies, joint ventures" c2) case of the equity of the Business Council of the facility to control the increase, rising by reviews, the difference in the exchange rate :-If the equity of the Business Council of control increases due to the difference in exchange rates, capital contribution side venture, record:

Increase the item "investments in associated companies, joint ventures," Increase the item "exchange rate disparity"-If the equity of the Business Council of control decreases due to the difference in the exchange rate, on the record, venture capital contribution: reduction of the item "difference in exchange rates" Reduce the item "investments in associated companies the joint venture, "c3) cases where business establishments Committee applied accounting policy other than the accounting policies of the parties to the venture capital contribution for the transaction and similar events then before determining the portion of profits or losses in the interests of the parties in the venture business establishment Committee venture capital contribution, the party must make the appropriate adjustments to part of their profits or losses in the venture and reflect the values that need adjustment as follows:-where the account interest rate leads to adjustments of the base Business Council control, record: Increase the item "investments in associated companies the joint venture, ";
Increase in the item "profit not distributed" (in the consolidated balance Sheet).
-Adjust the case led to the hole of the base Business Council control, record: Rising profit "items not yet distributed (in the consolidated accounting balance sheet) Reduce the item" investments in associated companies, joint ventures "(in the consolidated accounting balance sheet) 2.3.3. The presentation account equity on the basis of the Business Committee in the consolidated financial statements a) capital value on the basis of the Business Committee are recorded according to the original price and adjusted at the end of each financial year is reflected in the item "investments in associated companies the joint venture, "-code 252 in the consolidated accounting balance sheet.
b) portion of profits or losses in copper trading base control identified at the end of each fiscal year, when applying the equity method are reflected in the item "profit or loss in associated companies, joint ventures" in reporting the results of operations.
c) In A presentation of financial statements, business must present: + "the total value of the debt at random", unless the possibility of holes is low and isolated existence with the value of the debts of other random, including random any debt that venture capital contribution party incurred related to the party capital venture capital contribution to joint ventures and the part that the party had suffered the same venture with venture capital contribution other parties from every random debts; Part of the debt of random venture that venture capital contribution parties responsible at random; Random debts incurred by the parties to the venture capital contribution must be responsible at random with respect to the debts of the parties contribute to other venture capital in the venture.
+ Separate presentation "Of the value of the" commitment of the following according to the shares in the joint venture, which is party to the account of another commitment: any commitment on any capital contributions to party funds venture capital related to the shares in the joint venture and the venture capital contribution incurred in capital funds commitment with the parties which other business ventures; part of the money committed party capital venture capital contribution in the venture.
+ Presentation details the account equity in the venture important that parties involved venture capital contribution.
d) venture capital contribution Side are reflected in the presentation of financial statements the following additional information:-a list of the joint venture company; attached to the information about the property and the percentage (%) voting rights, if this rate differs from the property; and – if the party venture capital contributed can't perform the adjustment the difference arising from the use of the financial statements of the joint venture company was formed on the other with the financial statements of the investor or investors and venture companies apply the different accounting policies for similar transactions and events to this presentation on a presentation of financial statements.
2.4. Accounting investments on the basis of the Business Committee in the financial statements of the investor 2.4.1. General principles – where investors contribute capital to the venture business establishments form the Control Board but do not have the same rights to control (hold below 20% of the voting rights in the joint venture) shares accounting to venture into TK 228 "other long-term investment," according to the original price.
-The case of investors capital contribution on the basis of the Business Council of control and significant influence (holds over 20% of voting rights) in the joint venture shall be accounted according to the accounting standards of 12 "accounting of investments in associated companies" and the instructions in part II of this circular.
2.4.2. Accounting shares in venture Business Council control but investors do not have the right to Council control and no significant influence a) account in accounting: accounting use shares on the basis of the Business Council of control but investors do not have control and do not have significant influence are reflected on account of long term investment "228 other ".
b) accounting methods of the account equity in venture investors:-When raising capital to venture investors, based on the actual amount of capital contributed, scoring: debt-long-term investment 228 TK others TK 111, 112,...-The costs incurred in the process of holding the account equity in joint ventures , write: 811-other costs TK Debt Owed TK 133-VAT was deductible Has 111, 112, TK 331, ...-dividends, profits are split from the venture, record: 111, 112, 131 TK Debt, ...
There are 515-TK financial operations revenue.
-When investors contribute more capital into the venture and became a party which has the same rights of control in business establishments, Control Board, investor record: TK 222 Debt-equity venture Have TK 111, 112, ...
There are 228-long-term investment of TK.
-When investors contribute more capital into the venture and has considerable influence in the copper business, investors control record: TK 223-Debt investments in associated companies Have TK 111, 112, ...
There are 228-long-term investment of TK.
-When investors liquidate shares of investment in base Business Council control.
+ Interest-liquidation case, record: 111, 112, TK Debt ...
There are TK long-term investment-228 others TK 515-financial operations revenue.
+ Loss liquidation case, record: 111, 112, TK Debt ...
TK 635 debt-financing costs Have TK 228-other long-term investments.
Examples of the consolidated accounting balance sheet for the account, capital venture (PC 1000): on 31/12/2004 at the production company Red Star cement has a financial situation as follows: assets liabilities Amount: 200,000 pay 300,000 sellers Must collect the customer : 400,000 Of accounts payable, other payable: 200,000 other short-term assets: 100,000 long-term Debt: 300,000 fixed assets investment of 1.000.000 of the owner: 1,200,000 invested in associated companies, joint ventures: 400,000 disparity rates: 20,000 other long-term assets: 300,000 profit not distributed: 180,000 other Fund : 200,000 total assets: total of 2,400,000 2,400,000 capital source: on 31/12/2004 at the joint venture produced packaging Dawn have the financial situation as follows: assets liabilities Amount: 100,000 sellers Must pay 100,000 currency customers: 50,000 The accounts payable, payable to another: 50,000 other short-term assets : 150,000




Long-term debt: 150,000 400,000 fixed assets investment of the owner: 500,000 other long-term assets: 300,000 disparity rates: 10,000 profit not distributed: 100,000 other equity Fund: a total of 90,000 assets: 1.000.000 total capital: 1.000.000 on 31/12/2004 in the export venture company Hong Mai cement imports, have the financial situation as follows: assets liabilities Amount: 50,000 50,000 sellers pay receivable customers: 50,000 The accounts payable, payable to another 100,000 short-term assets other other: long-term Debt: 150,000 50,000 fixed 300,000 property owner's capital: 300,000 other long-term assets : difference in rates: 10,000 50,000 profit not distributed: 50,000 other equity Funds: total assets: 40,000 total capital: 600,000 600,000 production company Red Star cement's investment in the copper base 2 control on the rate of share is 50%.
Additional information in 2004, as follows:-report the results of operations of the joint venture company produces packaging Dawn showed in 2004 the company has profit after tax is 90,000.
-Side venture capital contribution agreed share of profit in the year was 40,000 (each side is 20,000). Company Red Star cement production has accounted on financial activities income of 20,000 and receive the profits from the copper base control this is 10,000.
-Joint venture company produces packaging Dawn noted a difference in rate of 10,000 from economic transactions arising during the year.
-Report of the joint venture company export, import of cement Hong Mai dating back end accounting degrees before the production company Red Star cement is 6 months. In 2004 the company import-export joint-venture cement Hong Mai 40,000 with interest. In the time after the financial reporting 2 months, the company made a contract and gets 30,000 holes.
-The production company Red Star cement has an account invested in company shares concrete Work.
In this case, when reporting the best financial investment items in the associated companies, joint-stock company's cement production red star is adjusted as follows: 1. Determine the respective interests of joint-stock companies produce cement red star from the results of business activities in 2004 in a joint venture producing packaging Dawn is : 50% x 90,000 = 45,000 2. Minus the profit announced from venture: 20,000-45,000 = 25,000 3. Reflecting the profit in the copper business base control: + recorded an increase in the item "investments in associated companies, joint ventures": 25,000 + recorded an increase of items "profit not distributed": 25,000 4. Reflecting the part owner of the venture, which is party to the account change equity sources but are not reflected on the report business results: + Increase the item "investments in associated companies, joint ventures": 10,000 + Increase the item "exchange rate disparity": 10,000 5. Locate the corresponding benefit of the production company Red Star cement from the results of business activities in 2004 in a joint venture to export, import and cement Hong Mai is: 50% x 40,000 = 20,000 6. Reflecting the profit in the copper business base control: + recorded an increase in the item "investments in associated companies, joint ventures": 20,000 + recorded an increase of items "profit not distributed": 20,000 7. Adjust the influence due to the application of different accounting policies (the end of accounting period year earlier than 6 months) of the JV company, importing cement Hong Mai is: 50% x 30,000 = 15,000 + Recorded reduced profits "items not yet in distribution": 15,000 + Recorded falling items "investments in associated companies the joint venture, ": 15,000 result after adjustment: + investment items in the associated companies, joint ventures: 400,000 + 25,000 + 10,000 + 15,000 – 20,000 = 440,000.
+ Items, the difference in the exchange rate: 20,000 + 10,000 = 30,000.
+ Profit items not yet distributed: 25,000 + 20,000 + 180,000-210,000 = 15,000.
On December 31, 2004 consolidated financial statements by the company manufacturing cement Red Star set for investments in the joint venture are as follows (not considering investments into stock company concrete Work and other content): Money capital assets : seller must pay 200,000 300,000 400,000 customers: The receivable accounts payable, other payable: 200,000 other short-term assets: 100,000 long-term Debt: 300,000 fixed assets investment of 1.000.000 of the owner: 1,200,000 invested in associated companies, joint ventures: 440,000 disparity rates: 30,000 other long-term assets : 300,000 profit distribution: 210,000 other Funds not yet in equity: total assets: 200,000 2,440,000 total funding: 2,440,000 IV. ACCOUNTING STANDARDS GUIDE "presentation of FINANCIAL STATEMENTS" 1. General provisions 1.1. In this circular only regulations and guide the General requirements about the structure, content and principles of the establishment and presentation of the financial statements of the business related to the additional content, modifying standard no. 21 "presentation of financial statements", does not reiterate the issue was defined in decision No 167/2000/QD-BTC dated 25/10/2000 and circular No. 89/ 2002/TT-BTC on 09/10/2002 "accounting instructor made four (4) accounting standards promulgated by decision No. 149/2001/QD-BTC dated 31/12/2001 of the Minister of finance", and circular No. 105/2003/TT-BTC dated November 4, 2003 "Guide for accounting made six (6) accounting standards promulgated by decision No. 165/2002/QD-BTC dated 31/12/2002 of the Minister of finance" , which is not contrary to the provisions of accounting standards no. 21 and this circular.
1.2. These rules and guidelines to be applied for the establishment and presentation of the financial statements and the financial reporting year between levels full of all types of businesses. Particularly for small and medium enterprises still in compliance with the General provisions in this section and the regulations, the guidelines specifically tailored to the small and medium enterprise type.
This circular does not apply to the preparation and presentation of financial information summary between minors. The preparation and presentation of financial statements of banks and similar financial institutions are additional rules in accounting standards no. 22 "the additional presentation of financial statements of banks and similar financial institutions".
1.3. financial reporting system of the enterprise including:-Balance Sheet form B 01-DN-reported results of operations the denominator B 02-DN-cash flow reporting form B 03-DN-A financial statement presentation model No. B 09-DN 1.4. Responsible for establishing and presentation of financial statements

All enterprises in the industry, the economic component are to prepare and present the financial statements in accordance with the accounting Law, accounting standards no. 21, current accounting mode and guidance in this circular.
1.5. establish requirements and presentation of financial statements the preparation and presentation of financial statements business must comply with the requirements specified in accounting standards no. 21 "presentation of financial statements", including: + honest and reasonable;
+ Selecting and applying accounting policies in accordance with the provisions of each order to ensure that accounting standards provide information appropriate to the needs of the economic decisions of users and provide reliable information, when:-presenting honest, reasonable financial situation situation and business results of the enterprise;
-Properly reflect the economic nature of the transactions and events are not merely reflect the legal form;
-Presented objectively, without bias;
-Compliance with the principle of caution;
-Full presentation critical on every aspect.
1.6. The principle of establishment and presentation of the financial statements the preparation and presentation of financial statements must comply with the six (6) principles were defined in accounting standards no. 21-presentation of financial statements, including: a) continuous operation;
b) downwards base;
c) consistency;
d) and collection;
e) offset;
f) can compare.
The principles a, b, c, d are implemented as specified in the standard no. 21. This circular instruction principles e, f as follows: 1. principles of clearing a) offset assets and liabilities: While acknowledging the economic transactions and events to establish and present financial reports are not offset assets and public debt, which is presented separately all assets and debt-items on the financial statements.
b) offset by revenue, other income and expense: + are compensated according to the provisions in a different accounting standards;
+ Some transactions in addition to the normal business operations of the Enterprise shall be compensated unless recorded transactions and present financial statements, for example:-for active trading in the stock short: the interest rate (the hole) to sell stock stock-sale Price = root-stock for the business activities of Exchange : the interest rate (the hole) to buy, sell, Exchange foreign currency sale =-buy foreign currency items are compensated are presented: the amount of interest (or plain holes).
2. Principles can compare the principle of comparable between the accounting period, in the financial statements, such as balance Sheet, reported results of operations, cash flow reports are presented in the figures for comparison, specifically:.
-For balance sheet accounting: accounting balance sheet + years are presented according to each comparison metrics standards was established at the end of accounting period of the previous year (the first Number);
+ Balance Board you must compare each data presentation standards was created at the end of accounting period of the previous year (the first Number).
-For reporting results of operations: + report results in business operations are presented according to each comparison metric standards were established for the accounting period of the previous year (previous year);
+ Reporting results of operations established by accounting period you must present your report data and estimated number from the beginning of the year to quarterly financial reporting and can have comparative figures for each of the indicators report quarterly business results to the same period of the previous year (this quarter).
-For reporting cash flow: + cash flow reporting years are presented according to each comparison metric standards were established for the accounting period of the previous year (previous year);
+ Cash flow report you must present the number estimated from the beginning of the year to quarterly financial reporting and can have comparative data for each indicator of quarterly cash flow report in the same period a year ago (this quarter).
To ensure the principle of comparison, figures "years ago" in the reported results of operations, cash flow reports and A presentation of financial statements have to be adjusted back to the numbers in the following cases:-In the report apply accounting policies other than the year before;
-In the report the classification indicator reports the previous year;
-Accounting period "In report" length or shorter than the accounting period of the previous year.
Also, in A demonstration of financial statements must present clearly the reasons for the change over to the users understanding of the financial statements.
1.7. States reports-financial statements of all types of businesses must be created for each accounting period of the year. Particularly for enterprises on foreign financial statements in financial reports to you. Enterprises can also set up financial statements according to the accounting period as required by law, or of the parent company's owners.
-The business must establish financial statements according to the accounting period is the calendar year or accounting period of 12 months year round after informing tax authorities. Special cases, businesses are allowed to change the end of the accounting period in which led to the establishment of an annual financial report accounting degree may be longer or shorter than a calendar year but does not exceed 15 months. This business case is stated in section VII-other information "of A presentation of financial statements: + reasons to change the end of the accounting period;
+ The information compare: "first Number", "years ago" to for comparison are presented in the balance Sheet, reported results of operations, cash flow report and A financial report presentation concerned, in this case must be adjusted to suit the States annual reports reports be worth comparing. If can't ajust the previous year figures are not comparable with figures of annual reports.
2. Guide the establishment and presentation of the financial statements 2.1. The General information about the business In financial statements, the enterprise must present the following information: a) the name and address of the reporting enterprise;
b) stating this financial report is a financial report of private business or consolidated financial statements of the Group;
c) end date of accounting or an annual reporting period depending on the financial statements;
d) on financial reports;
DD) the currency used to create the financial statements.
2.2. the Establishment and presentation of the balance sheet accounting 2.2.1. Established principles and presents the balance Sheet as defined in standard no. 21 "presentation of financial statements" from paragraph 15 to paragraph 32, when created and presented the balance Sheet are in compliance with the General principles on the establishment and presentation of the financial statements, but are not applicable to "compensate" principle.
In addition, on the balance Sheet, items of assets and liabilities should be presented separately into short term and long term, depending on the duration of the normal business cycle of the business, specifically the following: a) for business have normal business cycles within 12 months , the assets and liabilities are classified into short and long term according to the following conditions: + assets and liabilities to be recovered or paid within the next 12 months from the date of the end of accounting period of the year, are classified as short;
+ Property and liabilities to be recovered or paid after 12 months since the end of the accounting period of the year, are classified as long-term.
b) for business have normal business cycle is longer than 12 months, the assets and liabilities are classified into short and long term according to the following conditions:

+ Property and liabilities to be recovered or paid within a normal business cycle, are classified as short;
+ Property and liabilities to be recovered or paid in the long run than a normal business cycle, are classified as long-term.
c) for the business due to the nature of activities could not rely on the business cycle in order to distinguish between the short term and the long term, the assets and liabilities are presented according to the descending liquidity.
2.2.2. The structure and content of the balance Sheet pursuant to the principles presented above, the balance Sheet consists of a minimum of items mostly and are sorted by texture specified in form B 01-DN attached to this circular.
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2.2.3. The content and method of setting up a number of additional targets and modified in the accounting balance sheet ASSET Section a. SHORT TERM ASSETS (code 100) short term asset is money, the cash equivalents and other assets that can be converted into money, or can sell or use within a year or a normal business cycle of the business.
Short-term assets reflects the total value of money, the cash equivalents and other short-term assets up to the time of the report, including: the money, the equivalent of money, the short term financial investments, receivables, inventory and other short-term assets.
100 code = code + 110 120 130 code + number + code 140 + 150 code i. Money and cash equivalents (code 110) this indicator reflects the full amount of the sum of existing business at the time of the report, including: cash, bank deposits, money transfers and payment of the equivalent of money.
Code = code 110 111 + 112 1 code. Money (111): is the aggregate indicators reflect the full amount of the enterprise's existing at the time of the report, including cash, bank deposits and money transfers.
Data to write to the target of "money" is the total balance of the account 111 "cash", "bank deposits" 112 and 113 "money transfers" on Ledger.
2. Payment of cash equivalents (code 112): this indicator reflects short-term investments revocation term or due date not more than 3 months have the ability to convert easily into a determined amount of money and not much risk in converting into money since buying the investments at the time of the report.
Data to write into this criteria is detailed to the last accounting period balance of account 121 "short-term securities investment" on the Ledger, including: details of bank credit, promissory notes Treasury ... may the time limit for withdrawal or maturity not exceeding 3 months from the date of purchase.
II. The short-term financial investments (code 120) Is a synthetic indicator reflects the total value of short-term financial investments (after deducting reserve discount of short-term investment securities), including short term investments, short-term loans and other short-term investments. Short term investments are reflected in this category is the term investment payback of under 1 year or during a business cycle, not including short-term investments revocation term or maturity not exceeding 3 months from the date of purchase that investments at the time of the report made on the target "The equivalents of money".
120 code = code + 121 codes 129 1. Short term investment (code 121): figures to burn to this indicator is the total balance of the account 121 "short-term securities investment" and other short term investments "128" on Ledger after minus short-term investments made on targets "The equivalents of money".
III. Receivables (code 130) Is a synthetic indicator reflects the full value of the accounts receivable customers, prepaid account to the seller, to internal revenue, receivable according to the progress of construction contract plans, and other receivables at the time of the revocation deadline report or payment of under 1 year or during a business cycle (after the minus contingency provision).
130 code = code + 131 132 133 code + number + code 134 + 138 + code code 139.
1. The accounts receivable (Item 138): this indicator reflects the other receivables from the related tựợng, the advance, the pledge, sign the bets, short-term deposit at the time of the report.
Data to write to the target of "other receivables" is the total balance of the account 138, 141, 144, 338, according to details of each object is currency on the accounting details.
IV. Inventory (code 140) Is a synthetic indicator reflects the full value of existing inventory types reserve for the production process, the business of business (after subtracting the discounted inventory backup) up to the time of the report.
140 code = code + 141 149 code.
1. Inventory (code 141) data to write to the target of "inventory" is the total balance of the account 151 "buy are going on the road," 152 "raw materials, materials," 153 "tool, the tool", 154 "costs of production, business operation," 155 "finished products", 156 "goods" and "go sell" items 157 on the Ledger.
V. other short term assets (code 150) Is a synthetic indicator reflects the total prepaid expenses, taxes receivable and other short-term assets at the time of the report.
150 code = code + 151 + 152 158 1 code codes. Taxes receivable (code 152): this indicator reflects the account VAT was deducted and overpaid taxes for the State at the time of the report.
Data to write to the target of "taxes receivable" based on the account balance 133 "tax deductible" and increase the detail of account balance 333 "and must pay a Tax to the State" on the Ledger.
2. other short term assets (158 codes) this indicator reflects the value of the property the lack of pending and other short-term assets at the time of the report.
Data to write to the target "other short term assets" based on the account balance 1381 "missing property pending" on Ledger.
B. LONG-TERM ASSETS this indicator reflects the value of the kind property is not reflected in short-term assets.
Long term assets reflects the total value of the accounts receivable, fixed assets, real estate investments and other long-term assets up to the time of the report, including: accounts receivable, fixed assets, real estate investment, the long-term financial investments and other long-term assets.
200 code = code 210 + 220 + code code 240 + 250 + code code 260 i. long-term receivables (code 210) Is a synthetic indicator reflects the full value of long-term receivables of the client, internal long-term receivable, and other long-term receivables at the time of the report the recovery or duration of payments on the 1 year (after the When subtracting the contingency provision).
1. a long-term receivable of the client (code 211): reflects the amount receivable of the client are classified as long-term assets at the time of the report.
Data to write to the target of "long term receivable of the client" based on the details of outstanding balance of accounts receivable of the client "131", open the details for each customer for the customer's accounts receivable are classified as long-term assets.
2. internal long-term receivable (code 212): reflects the business capital has been allocated to the units and the internal receivables other long term.
Data to write to the target "To other long-term internal revenue" is the outstanding balance of your account in the business capital of 1361 "subdivisions" on Ledger and details of outstanding balance of accounts receivable other internal "1368" for internal accounts receivable are classified as long-term assets.
3. other long-term receivable (code 213):

Reflecting the other receivables from related objects are classified as long-term assets, and the escrow account, sign the long-term bets.
Data to write to the target of "other long-term receivables" as details of outstanding balance of the account, 138, 244, 338 on the Ledger.
II. Fixed assets (Code 220) is the synthetic indicators reflect the entire remaining value (original value minus accumulated depreciation) of the types of fixed assets and investment property at the time of the report.
220 code = code + 221 224 code + 227 + 230 1 code codes. The cost of construction unfinished (code 230) reflects the full value of fixed assets are shopping, the cost of construction, major repairs cost LOAN unfinished or finished but not yet delivered or put into use.
Data to write to the target of basic construction costs "unfinished" is the account balance of 241 capital construction "unfinished" on Ledger.
III. investment property (code 240) Is a synthetic indicator reflects the full value of the investment properties at the time of the report.
240 code = code 241-242 1.1 code. Resources reviews (code 241) reflects the whole price of the type of investment property at the time of the report.
Figures to reflect on this criteria is the outstanding balance of the account 217 "investment property", on the Ledger.
1.2. The value accumulated depreciation (code 242) reflects the entire value has accumulated depreciation of investment property types at the time of the report. Data to write to the target are recorded by a negative number in the form given in parenthesis: (...).
Data to write to the target "value accumulated depreciation" is the balance of the account 2147 "wear and tear" investment property on the Ledger.
IV. long-term financial investments (code 250) Is a synthetic indicator reflects the total value of long-term financial investments at the time of the report such as: investments in subsidiaries investments in associated companies, joint ventures, other long-term investment ...
Code = code 250 251 + 252 + code + 258 259 1 code codes. Investments in subsidiaries (code 251) reflects the value of the investments in subsidiaries at the time of the report.
Data to write to the target of "investment in subsidiaries" account balance is 221 "investment in subsidiaries" on Ledger.
2. Investment in associated companies, joint ventures (code 252) Is a synthetic indicator reflects the value of investments in associated companies and venture capital in the form of established base business Committee at the time of the report.
Data to write to the target of "investments in associated companies, joint ventures" is the total balance of the account is invested in the company "223" link, and 222 "venture capital", on the Ledger.
V. other long-term assets (code 260) Is a synthetic indicator reflects the total cost of long-term prepaid but not yet allocated to the cost of production, trading to the end of the reporting period, deferred income tax assets and other long-term assets, at the time of the report.
260 code = code + the + 262 code 261 code 268 1. Deferred income tax assets (code 262): the content and the method of setting this indicator is made according to accounting standards and accounting implementation guide accounting standards 17 "corporate income Tax".
2. other long-term assets (code 270): reflection of the value of long-term assets other than long-term assets stated above.
A. CAPITAL portion PAYABLE (code 300) 300 code = code + 310 320 code i. short term Debt (code 310) Is a synthetic indicator reflects the total value of the debts have to be paid billing period under a year or under a business cycle, and the value of the expenses are charged excess property, pending, accepted the terms of the escrow, signing long-term bet at the time of the report.
Code = code + 310 311 312 313 code + number + code + 314 315 316 code + number + code + 317 318 319 1 code + number Code. The accounts payable, payable to another (Code No. 319) reflects the accounts payable, payable short-term external debts is charged has been reflected in previous norms, including the account receiving the funds, signed long-term bets and the superior's Management Fund.
Data to write to the target "The accounts payable, payable to another" is the overall balance of the accounts payable, payable "338", 138 "accounts receivable", "344 accounts Receive the signed escrow, long-term bets," 451 "account of superior Management Fund" on Ledger (not including accounts payable , payable are classified as long-term liabilities).
II. long-term Debt (code 320) Is a synthetic indicator reflects the total value of the long-term debt of the business including the term debt payment on one year or over a business cycle, accounts payable, pay seller internally, the other long-term accounts payable long-term debt and loans, and deferred income tax is charged at the time of the report.
320 code = code + 321 322 323 code + number + code + 324 325 1 code. Pay long term seller (code 305): reflects the amount due to the seller are classified as long-term debt at the time of the report.
Data to write to the target "pay long term seller" based on the details of the account balance 331 "is charged to the seller", opened by the seller for the account are charged to the seller are classified as long-term debt.
2. Pay the long-term internal (code 322): reflects the long-term liabilities, including equity, loans and their main units were the mutual debt loans between subsidiaries in the business.
Data to write to the target of long-term internal "pay" based on the details of the account balance 336 "pay" for the internal accounts payable are classified as long-term Debt.
3. deferred income tax is charged (code 310);
The content and the method of setting this target be made according to accounting standards and accounting implementation guide accounting standards 17 "corporate income Tax".
B. EQUITY (code 400) 400 410 code = code + 420 code i. owner's equity (code 410) 410 code = code + 411 412 413 code + number + code 414 + 415 + code code 416 + 417 + 418 Code code + 419 1 Code. The owner's investment capital (code 411) is the only goal that reflects the entire capital (capital) of the owner on business as capital of the State (for the companies); capital contributed by the shareholders (for the company), the capital of the joint venture parties, the capital contributed by the Member, the Member's capital limited liability company, the investment of private business owners, ...
Data to write to the target of "capital" is the owner of the account balance 411 "business capital" on Ledger 2. Equity surplus (code 410): this indicator reflects the difference between the total value of capital under the denomination of stock with stock prices.
Data to write to the target "equity surplus" is the balance of the surplus account "equity". If your account has a balance shall be credited by the negative number in the form given in parentheses (...).
3. Treasury Stock (code 413): Is only reflecting the actual value the acquisition of stock by the company of shares issued then was purchased by the company as treasury stock.
This indicator was scored by a negative number in the form given in parentheses (...).
Data to write to the target, "Treasury Stock" is the balance of Treasury Stock "account" on the Ledger.
4. other equity Fund (418) reflects the other funds in the equity of the enterprise was set up from profit after tax (in addition to the financial reserve fund and Development Fund) and the support fund and arrange in the SOE equitization Of State-owned companies (if any).
II. Funds and other funds (420)

Is a synthetic indicator reflects the total value of the reward Fund, welfare; the total cost of his career was to spend for external business activities after deducting expenditures by source of funds granted; the funds form the LOAN, at the time of the report.
420 code = code + 421 422 423 1 code + number Code. Funding source (code 422) reflects funding career level but not yet used up, or the number of genus greater career career funding sources.
Data to write to the target of "funding source" based on the balance of the account funds "461 career" after the account balance minus 161 "Spent his career" on the Ledger.
The case of "Genus" greater career "funding source" then this indicator was scored by a negative number in the form given in parentheses (...).
2.3. Establishment and presentation of the report results of operations 2.3.1. The structure and content of the report results of operations pursuant to the provisions of accounting standards no. 21 "presentation of financial statements", reported results of operations include the minimum items primarily and sorted the structure defined in the denominator B 02-DN attached to this circular.
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2.3.2. The content and the method of reporting the results of operations of the content and the method of establishing the indicators in the report the results of operations performed in accordance with circular No. 89/2002/TT-BTC on 09/10/2002 "accounting instructor made 4 accounting standards issued together with decision No. 149/2001/QD-BTC dated December 31, 2001 of the Ministry of finance".
2.4. the form cash flow report-form, the content and the method of establishing cash flow report is made in accordance with circular No. 105/2003/TT-BTC dated 04/11/2003 by the Ministry of finance "made accounting Tutorial 6 accounting standards issued together with decision No. 165/2002/QD-BTC dated 31/12/2002 of the Ministry of finance".
-Added Model number 03-DN "cash flow statements" column 3 "captions" to mark led to the presentation in section presentation of financial reports.
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2.5. Created and presented A financial report presentation 2.5.1. The structure and content of A presentation of financial reports based on the provisions of accounting standards no. 21 "presentation of financial statements", from paragraph 63 to 74, A demonstration of the financial reporting structure and content regulation in the form of B 09 – DN attached to this circular.
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2.5.2. The content and method of preparing the financial statement presentation – grounded in fact applied the system of Vietnam business accounting standards issued and systems of business accounting regimes applied in the unit in order to present the requested information in A financial statement presentation.
-The selection of data and information need to be presented in A presentation of financial statements made by key principles specified in standard no. 21-presentation of financial statements.
-Based on the provisions of the specific accounting standards, Enterprise General Ledger base and details to obtain data and information recorded on the appropriate section of A presentation of financial reports.
-The numbered captions from the balance Sheet, reported results of operations, cash flow report is changed back to suit the specific conditions of the business, but have to make requests and content information should be presented in the regulations this circular. In addition the enterprises may present additional information intended to help the user understand the financial statements of the business.
V. INSTRUCT ACCOUNTANT NORM "CONSOLIDATED FINANCIAL STATEMENTS and ACCOUNTING INVESTMENTS in SUBSIDIARIES" 1. General provisions on the consolidated financial report 1.1. The purpose of the consolidated financial statements 1. Synthesis and presents a comprehensive, general way the situation of the assets, liabilities, equity resources in the end of the financial year, the situation and the results of operations of the Group's financial year as an independent business is not up to the legal boundaries of the separate legal entity is the parent company or a subsidiary of the group.
2. Provide the information economy, essential for the assessment of the status of the financial situation and business situation of the Group during the financial year was over and predicted in the future. Information of consolidated financial reporting is an important base for the proposed decisions on management, business, operations or investment in the Group of the owner, of the investors, of the existing and future creditors, ...
1.2. scope of application 1. The end of the financial year of the Corporation, or of State companies to consolidated financial reports to reflect the financial situation and business situation of: (1) the Group: the group consists of the parent company and its subsidiaries; Or (2) the State Corporation.
The Corporation is the State enterprise operating under State Business Law including corporate investment decisions by the State and established by the Corporation, the companies themselves and the establishment in which the parent company of State control in other businesses.
The State Corporation consists of the Corporation and the Member companies of independent accounting state-company members, or members, of the State joint stock company and other units (business units, if available).
In this circular, the audience (1) and (2) are referred to as the group.
2. The State Corporation to consolidated financial reporting is the Corporation to establish and operate according to the model there are subsidiary. The State Corporation can own directly or indirectly owned subsidiaries through a subsidiary to another, except in the special case when clearly define the ownership is not associated with the control.
The State Corporation founded and operated by subsidiary no model only synthetic financial reporting instructions in section 4-part V-this circular.
3. The Group consolidated financial reporting must comply with provisions on the scope of consolidated financial reporting in paragraphs 8, 9, 10, 11 of the 25 standards "consolidated financial statements and accounting investments in subsidiaries".
1.3. content of the system consolidated financial statements 1. The system of consolidated financial reporting including form 4 reports:-balance sheet accounting consolidation model No. B 01-DN/HN-reported results, the best business model No. B 02-DN/HN-cash flow reporting consolidated form B 03-DN/HN-A demonstration Sample consolidated financial report of B 09-DN/HN in addition , to serve the requirements of economic management, finance, asking direction, executive producer, business corporations, the State Corporation, ... can set rules to add the consolidated financial report other details.
2. The content, methods of calculation, the form presents the indicators in each of the consolidated financial statements comply with the provisions of part IV-standard guidelines "presentation of financial statements" and the instructions in this circular and section 2.5 below "additional indicators within each consolidated financial reporting form" to be applied to the consolidated financial statements of the group, the State Corporation, another corporation.
In the process of adopting, if necessary the Corporation, the Corporation can supplement details the targets of consolidated financial statements in accordance with the characteristics of the Group's business activities, the Corporation. If there are additional amendments must be approved by the Ministry of finance documents.

1.4. The responsibilities, deadlines and submission of consolidated financial reporting 1.4.1. Responsibility for financial reporting the following units are made up of consolidated financial statements the group apart from its own financial reports this unit:-all the parent company holds over 50% of the voting rights in the company (the parent company can own subsidiary directly or indirectly owned subsidiaries through a subsidiary) as defined in paragraphs 9, 10 of 25 of accounting standards "consolidated financial statements and accounting of investments in subsidiaries" are created, and submitter publicly consolidated financial reports in accordance with the norm of 25 and guidance in this circular, except that the parent company is a subsidiary of another company owned in whole or in almost the whole and if the minority shareholders of the company approved the not set and presents consolidated financial statements.
-All State Corporation founded and operated under the model has to set up subsidiaries, consolidated financial reports filed under the provisions of the accounting Act, no. 25 accounting standards and guidance in this circular.
The parent company or State Corporation established and operated according to the model there is the subsidiary responsible for consolidated financial reporting is called the parent company in this circular.
1.4.2. The time limit set, submit and publicly reported consolidated financial-consolidated financial report is created and filed at the end of the accounting period financial year for State management agencies under the provisions of 90 days from the end of the accounting period financial year.
-Consolidated financial reports must be publicly available within 120 days of the end of accounting period of the year.
1.4.3. Where to get the best financial reporting object reporting consolidated financial reporting period where the receiving agency financial report, the Agency established the tax agency business statistics 1. The State Corporation (established and operated according to the model there are subsidiary) In, x (1) x (2) x 2. Business corporations have invested abroad In x (1) x (2) x 3. Other business corporations In x (1) x (2) x (1) for the State Corporation operating under the Laws of State enterprises by the provincial PEOPLE'S COMMITTEE established to submit consolidated financial report for the provincial financial Department. With respect to the Corporation by The State, the central authority, or the Prime Minister decided to submit the financial report for the Ministry of Finance (Department of Finance) and the central authorities, who decided to set up the Corporation.
(1) for corporations, the State company active in the fields of banking, investment, insurance, stockbroking must submit financial reports for the Ministry of Finance (banking, Financial Services, insurance, Corporate Finance Bureau). Particularly for corporations, the State Corporation has securities listed or corporations, the State Corporation has subsidiaries have listed securities have to file the financial reports for the Ministry of Finance (State Securities Committee).
(1) for corporations operating under the enterprise law, law on foreign investment in Vietnam, the submission of financial statements for business registration agency (Department of planning and investment-if by the planning and investment licensed investment or business registration certificate, or the Ministry of planning and investment, if due to the Ministry of planning and investment granted the investment license or business registration certificate).
(1) for corporations, the State Corporation has implemented audit consolidated financial statements, the audit report must be attached on the consolidated financial statements as filed financial reports for State management agencies, or public financial statements.
(2) in respect of the Corporation by The State, the central authority or the Prime Minister decided to submit the consolidated financial report for the Ministry of Finance (Tax Administration). With respect to corporations, other State corporations to file the financial reports for the local tax authorities.
(3) when the parent company filed and publicly available consolidated financial statements must be filed publicly both the financial statements of the subsidiary in accordance with the accounting Act and Decree No. 129/2004/ND-CP dated 31/5/2004, detailing and guiding the implementation of some articles of the law applied in accounting operations.
2. Specific provisions on the consolidated financial statements 2.1. Established principles and presents consolidated financial statements 1. The parent company when consolidated financial reporting is based on the financial statements of all companies in the country and abroad due to the parent company's control, except for the companies mentioned in paragraph 10 of the 25 standards, to make consolidated financial statements.
The control of the parent company to subsidiaries is determined when the parent company holds over 50% of the voting rights in the company (the parent company can own subsidiary directly or indirectly owned subsidiaries through a subsidiary) except the special case when clearly define the ownership is not associated with the control.
2. The parent company cannot be excluded out of the consolidated financial statements the financial statements of the subsidiaries that operate different business activities of all other subsidiaries in the group.
3. consolidated financial report was created and presented according to the principles of accounting and evaluation principles as the annual financial report of the independent business under the provisions of accounting standards no. 21 "presentation of financial statements" and regulations of the different accounting standards.
4. consolidated financial statements was established on the basis of the accounting policies applied to the transactions and events of the same kind in the same circumstances throughout the group.
-If the companies use different accounting policies the accounting policies applied in the subsidiary corporation must have appropriate adjustments to financial reports before use for the consolidated financial statements of the group.
-Case if companies can't use the accounting policy in a uniform manner affect its consolidated financial report of the Corporation must then explain about the items are accounted according to the different accounting policies in A presentation of financial statements.
5. The financial statements of the parent company and subsidiaries used to merge the financial statements must be set up for the same accounting period of the year.
The financial statements used for consolidation can be created in different times as long as the difference in time that does not exceed 3 months. If the end of the accounting period the year is different than 3 months, you have to set up companies to add a set of financial statements for consolidation purposes are accounting period coincides with the accounting period of the group.
6. The results of operations of subsidiaries will be put into the consolidated financial statements from the date of purchase of the company, is on the parent company really took control of the company under accounting standards "incorporated business".
Results of business activities of the company are being put into liquidation report, the best business results to liquidate subsidiary, is on the parent company really ended for control of the company.

Of the difference between the proceeds from the liquidation of a subsidiary and the value of the property remaining logging minus the liabilities of this company at the liquidation date is noted in the report, the best business results such as the profit and loss account the company liquidation.
To ensure the principle of comparison of financial reporting from this accounting degree to other accounting degree, adolescents need to provide additional information on the impact of the purchase and liquidation of subsidiaries to the financial situation at the reporting date, the results of reports and affect the corresponding item the previous year.
7. Investments in a business must follow accounting "accounting standards financial instruments", since the business is no longer a subsidiary and also not become an affiliate company as defined by the standard number of 7 "accounting investments in associated companies". The value of investments in logging on the business is no longer a subsidiary is accounted as the original price.
2.2. determination of the control and the interests of the parent company to subsidiaries 2.2.1. Determine the control of the parent company to subsidiaries a) control of the parent company to subsidiaries is determined when the parent company holds over 50% of the voting rights in the company (the parent company can own the company, directly or indirectly owned subsidiaries through a subsidiary).
A1) identify the direct control of the parent company with a subsidiary when the parent company invest capital directly into subsidiaries and the parent company holds over 50% of the voting rights in companies investing directly.
 


The control of the parent company are identified respectively with the mother company's voting rights in the company, for example, A capital investment company into a joint stock company B 2,600 to 5,000 shares of stock issued by the company B with the face value of the shares is 100,000 VND/1 stock. So A company holding voting rights at company B is: 2,600 to 5,000 shares of stock = 52% (or 2,600 CP x 100,000/5,000 CP x 100,000 = 52%).
Control of A company with respect to the company B is 52% (50%), so the company > B is a subsidiary of the company a. a2) determine the indirect control of the parent company through ownership of the company indirectly through a subsidiary.
The parent company owns indirectly a subsidiary when the parent company of indirect capital investment (including direct) into a subsidiary through a subsidiary and the parent company holds over 50% of the voting rights in indirect investment subsidiary.
 


The control of the parent company are determined by the total voting rights of the parent company in its subsidiaries and direct investment in subsidiaries investment indirectly through other subsidiaries, for example, company X's investment in Company Y stock/6,000 10,000 shares of Company Y with the value of the stock is 100,000 VND/1 neck the vote. So the X Corporation holding voting rights at Company Y is: 6,000 shares, 10,000 shares = 60% (or 6,000 CP x 100,000/10,000 CP x 100,000 = 60%).
Company Y Z company investment in capital is 400 million dong/4,000 m2 (total capital). X Investment Corporation to 200,000 VND/Z company 4,000 m2 (total capital) as such, determine the control of Corporation X with Z Corporation Limited as follows:-direct control of Corporation X to Z Ltd is: 200 million dong/4,000 m2 = 20%.
-Direct control of Company Y for Z Ltd. is: 400 million dong/4,000 m2 = 40%.
-Indirect control of Corporation X to Z Ltd is: 20% + 30% = 60%.
Control of company X for the company Z is: 60% (50%), Z company > is a subsidiary of company X. As such, the company's capital stock of X in Y Corporation are 60%(> 50%) and in Z Ltd. is 60% (50%), so two > companies are all subsidiaries under the control of Corporation x. b) special cases the control was done even if the parent company holds less than 50% of the voting rights in companies in the following cases:-The other investors for deals the parent company more than 50% of the voting rights;
The parent company has the right to govern the financial and operating policies under the agreement;
B1) the parent company has the right to appoint or dismiss a majority of the members of the management board or equivalent level of management;
B2) the parent company has the right to dismiss the majority of votes at meetings of the Board or management level equivalent.
For example, one member company limited air VINACO capital contribution into the joint stock company SAVI accounted for 40% of the Charter capital is also 2 other members a member constitute 55%, a 5% stake. But by VINACO Ltd., strong on customer, on executive management company should other shareholders in SAVI Corporation agreement over the control for the VINACO company limited by the resolution of the Board. So although VINACO co., Ltd. holding 40% less than 50% of the voting rights in the company SAVI but VINACO limited company is still the company's parent company SAVI.
2.2.2. Identifying the part of the parent company's interests for subsidiary a) defined benefit section of the parent company through direct ownership for subsidiary cases the parent company that owns the company directly, the rate of parent company interests in subsidiaries are determined proportionately with the control of the parent company.
 


Proportion (%) of the parent company's interests in the subsidiary direct investment = the percentage (%) control in direct investment subsidiary for example: D co., Ltd invested in company shares/stocks 4,000 E 7,000 shares of joint-stock companies with stock values of E is 100,000 VND/1 stock. So D Ltd. holding voting rights in the subsidiary E/7,000 stocks 4,000 was: stock = 57% (or 4,000 CP x 100,000/CP = 100,000 x 7,000 57%).
The control of D company for subsidiaries is 57% E and company's interests rate D for company E corresponds with the right alkalinity control is 57%.
b) defined benefit section of the parent company through indirect ownership companies through a subsidiary.
The case of the parent company indirectly owned subsidiary when the parent company invest capital indirectly through subsidiaries a subsidiary to another, the rate of the benefit of the parent company in indirect investment subsidiary to be determined: percentage (%) of parent company interests in subsidiaries of indirect investment ratio (%) =% interest in direct investment subsidiary x



The percentage (%) of interests in subsidiaries investment indirectly for example: JICO Corporation invested in company stock, 10,000 to 15,000 PICO shares of companies with stock values of PICO is 100,000 VND/1 stock. So JICO Corporation holds voting rights in the company the PICO is: 10,000/15,000 shares of stock = 67% (or 10,000 CP x 100,000/15,000 CP x 100,000 = 67%). PICO Corporation investing directly into the HAN capital Ltd. is 500 million dong/1.500.000.000 (total capital) has 33 percent voting rate at the HAN.
So, determine the portion of benefits with JICO Corporation co., Ltd. HAN is: percentage (%) of the total company benefits JICO HAN co., Ltd in indirect investment (subsidiary) = the percentage (%) of benefits in PICO Corporation (a subsidiary of direct investment) x rate (%) interest in the HAN co., Ltd. (a subsidiary of indirect investment) 22.11% = 67% 33% x co., Ltd. Han is a subsidiary of the Corporation and the national interests of the JICO Corporation JICO in HAN is 22.11%.

2.3. Sequence of consolidated financial reporting 2.3.1. The order established the consolidated accounting balance sheet (1) consolidated balance Sheet was established on the basis of the balance Sheet of the parent company and of the subsidiaries in the group under each item by adding the equivalent items of assets, liabilities , under the principle of equity:-with respect to the items of the balance Sheet is not adjustable, then be directly to determine the equivalent item of the consolidated accounting balance sheet;
-For those items are adjusted according to the principles and the appropriate adjustment method specified in section (3) below then new to merge this item and presented on the consolidated balance Sheet.
(2) The principal targets are adjusted in relation to the consolidated accounting balance sheet of the Group include:-investments of the parent company into the subsidiary;
-The interests of minority shareholders;
-Receivables, are charged internally between the units in the same group;
-The profit and loss account internally has not really arisen.
(3) principles and methods of correcting the target when setting accounting balance sheet consolidation.
a) adjusts the parent company's investments in subsidiaries a1) the principle of adjusting the value of the logging company's investment in each subsidiary and the parent company's stake in the equity of subsidiaries must be eradicated on the consolidated financial statements.
A2) journal entry to adjust tuning reduce the entire value of the item "investments in subsidiaries" of the parent company and its investment part owner that each of the subsidiaries of the parent company in the item "capital of the owner" of the company.
b) adjusted to determine the interests of minority shareholders b1) principles adjust-To determine the interests of minority shareholders in the net assets of consolidated subsidiaries. The interests of minority shareholders in the net assets of consolidated subsidiaries, including: + worth the interests of minority shareholders in the merged business day originally determined consistent with accounting standards "incorporated business".
The value of the interests of minority shareholders in early business days is determined on the basis of business capital contribution rate of minority shareholders with the equity of the subsidiary.
+ Benefits of minority shareholders in the volatility of equity since the date of business merger, including part of the minority interest in net income (profit) business income after tax of the Group during the reporting period are identified and eliminated out of the Corporation's income and benefits section in the volatility of the equity of the the delegation later on merged business;
-The interests of minority shareholders in the net income (profit) business income after tax in the reporting period is determined on the basis of business capital contribution rate of minority shareholders with the following income tax in subsidiaries in the reporting period.
-The interests of minority shareholders in the volatility of equity since the date of business is determined on the basis of business capital contribution rate of minority shareholders with the total value of the difference in revaluation of assets, exchange rate difference development investment fund, reserve fund, other funds in the financial equity, profit not distributed of this unit.
-The losses corresponding to the portion of minority shareholders in subsidiary was incorporated can be greater than their equity in the total equity of the subsidiary. Outstanding losses as well as any further losses would be reduced to the benefit of the majority of shareholders unless the minority shareholders have a binding obligation and are able to offset the losses. If the company then with interest, that interest will be distributed to the benefit of the majority shareholder until the previous hole part by majority shareholders suffer is reimbursed in full.
-The interests of minority shareholders in the net assets of the subsidiaries consolidated on the consolidated accounting balance sheet must be presented as a separate target separated from the liabilities and the equity of the shareholders of the parent company.
B2) journal entry adjustments to reflect the item "minority interests" in the net assets of the subsidiaries consolidated on the consolidated accounting balance sheet must perform the following adjustments:-journal entry adjustments reduce the equity of subsidiaries are part of minority shareholders (adjust decreasing the items "capital of the owner" , "Financial reserve fund", the "Development Fund", "distribution", yet profit ... of the related subsidiary) and recorded an increase in the item "minority interests" on the consolidated balance Sheet, notes: reduced items-the owner's investment Rising items-financial reserve fund Reduce items-Reduced investment Development Fund items – profit distribution ... yet.
Rising items-interests of minority shareholders.
-In case the company has accrued losses (profits not distributed: record (...) in equity, when determining the interests of minority shareholders in the net assets of consolidated subsidiaries are identified separately cumulative losses of minority shareholders in the company's cumulative losses and must reduce the item "profit not distributed" subsidiaries and reducing record the item "minority interests" on the consolidated balance Sheet. However journal entry recorded reduced item "minority interests" on the consolidated accounting balance sheet also corresponds to the maximum value of the interests section of the minority shareholders in the equity (just be written off to a value of 0 part of minority interests in subsidiary , do not create the value of the item "minority interests" on the consolidated balance Sheet).
c) adjusted receivable balance, pay between internal units in the same c1) Corporation principle adjusted receivable balance, pay between internal units in the same group must be eradicated.
C2) journal entry adjustment adjust the lowering items "receivable" item and "pay" for the relevant unit, write: reduced-pay items Reduced internal items-To the internal collection.
d) adjust the interest has not really arisen from internal transactions d1) the principle of adjusting The interest not yet made from the internal transaction lies in the value of its remaining assets such as inventory, LOAN, profit before corporate income tax should be excluded completely.
D2) journal entry adjustment adjust the rising internal interest lies in the item: "inventory," or "tangible fixed assets", "intangible fixed assets", ... and adjust the internal interest reduction is in the item "profit not distributed" in the unit are related to internal transactions not yet implemented in the parent company , a subsidiary of the Group and has created the internal interest not yet done this, write to: Reduce the items – profit distribution item Reduction yet-LOAN Reduce wear items-inventory Reduction items-LOAN tangible, or Reduce items-intangible LOAN.
e) adjustment of the losses has not really arisen from internal transactions e1) the principle of adjusting the losses haven't made arising from internal transactions are also eliminated unless costs create losses that could not be recovered.
E2) journal entry adjustment

Increase adjustment items: "inventory," or "tangible fixed assets", "intangible fixed assets", which ... and regulators increased the internal losses is in the item "profit not distributed" in the unit are related to internal transactions not yet done (parent company, subsidiary) in the Group and had created an internal losses yet to make this , record: Rising items-items Increasing inventory-LOAN tangible, or increase LOAN-items Increasing invisible items-wear-items Increasing LOAN profit not distributed f) time differences arise on corporate income tax aspects from the exclusion of the interest and the hole have not made internally handled consistent with accounting standards no. 17-income tax Enter the business.
(4) make the journal entry recorded capital link, a joint venture of the parent company, subsidiaries under the equity method the owner when the consolidated financial reports of the group.
When establishing the accounting balance sheet consolidation to adjust capital link, a joint venture by the original price is presented on the balance sheet of the parent company's own accounting, companies use to set up the balance Sheet of the group according to the equity method.
2.3.2. sequence reporting results of operations (1) report the results of business activities incorporated was established on the basis of the report the results of operations of the parent company and of the subsidiaries in the group under each item by adding an equivalent item of revenue other income, equity prices, wholesale, gross profit on sales and service providers, financial costs, ... According to the guidelines: – for the items you do not have to be directly adjusted to determine the equivalent items reported results, the best business activities;
-For those items are adjusted according to the principles established and presented results reporting, the best business practices to make the appropriate adjustments to the new merged then the item and presented on the reported results of operations.
(2) The principal targets are adjusted regarding the consolidated reporting of results of operations, including:-revenue, capital, interest in the sales price of the internal holes corporations;
-Internal profit has not really arisen;
-The interests of minority shareholders;
-Difference of the company liquidation;
-Corporate income tax.
(3) method of tuning targets when reporting results of operations incorporated a) turnover, equity prices, interest rates, wholesale internal hole must be excluded.
Journal entry to adjust the entire internal revenue Decrease was recorded in the item "sales and service providers" group and the sales group's internal capital recorded in the item "capital" at the wholesale price of the parent company, or in the subsidiary have internal revenue arising , write to: Reduce the item-sales and provide services (internal revenue) Falling-price capital items wholesale (internal capital Price) b) The profit and loss account internally has not really arisen from internal transactions must be eradicated unless costs create losses that could not be recovered.
Journal entry adjustment: increase and decrease entries "gross profit" and "accounting profit after corporate income tax" on interest rates, internal hole of the group parent company and its subsidiaries are related to the interest, the internal holes have not made arise from insider trading on reports the results of operations of the group.
c) minority interests in profit after corporate income tax of subsidiaries involved in the reporting period must be excluded before consolidation of financial statements of the parent company and its subsidiaries to determine profits (interest rates, or plain holes) on the reported results of operations of the parent company that owns the object.
Journal entry adjustment: Decrease the item "profit after corporate income tax" of companies, increase the item "minority interests" and is presented as a separate indicator on the report results of operations of the company.
d) minority interests in profit after corporate income tax of subsidiaries are consolidated are presented in a separate item on the reported results of operations.
Journal entry adjustment: Decrease the item "profit after tax profit" section belongs in the interests of the minority shareholders of the subsidiaries and increased adjustment items "minority interests" in the report the results of operations of the group, write to: Increase item-the interests of minority shareholders Reduced items-profit after tax.
DD) minority interests in profit after corporate income tax of the company when consolidated financial reporting is determined on the basis of based on the capital contribution rate of minority business and profit after tax income of the business units.
e) loss of business case belongs to the minority shareholders in the report the results of operations of the company's own parents and subsidiaries of bigger shares of the minority shareholders at the time of the establishment of the consolidated financial statements, the reports on the results of business activities consolidated only , distributed and presented according to the number of holes to allocate the maximum amount of capital contributed by minority shareholders in separate targets the interests of minority shareholders of the accounting balance sheets unless the minority shareholder has a binding obligation and are able to offset the losses.
If the company then with interest, that interest will be distributed to the benefit of the majority shareholder until the hole in the previous part of the interests of minority shareholders by the majority shareholders suffer is reimbursed in full.
So will not make journal entry to adjust the item "profit after tax" to increase the item "minority interests" as item (d) above.
g) Of the difference between the proceeds from the liquidation of a subsidiary and the value of the property remaining logging minus the liabilities of this company at the liquidation date is recorded in the reported results of operations consolidated profit and loss account as liquidated companies. To ensure the comparison of financial statements between the early degrees of need explain additional information in A presentation, the best financial report on the impact of the purchase and liquidation of subsidiaries to the financial situation at the reporting date and the results of the report, and influence the corresponding item the previous year.
h) if the company has preferred stock (type of preferential dividends) and have accumulated unpaid dividends being held by objects outside the group, the parent company of identified only part of your profit and loss outcomes after adjusting for dividends accumulated unpaid incentives of companies to pay dividends whether it was announced or not.
I) corporate income taxes due to the parent company or a subsidiary must file with the distribution of the profits of the subsidiary to the parent company are accounting according to the accounting standards of corporate income Tax 17.
2.3.3. The independent cash flow reporting consolidated cash flow report-consolidated was formed on the basis of consolidated cash flow statements of the parent company and of its subsidiaries according to each item by adding the equivalent items on this report.
-Cash flow report incorporated was established on the basis of consolidated cash flow statements of the parent company and of its subsidiaries are based on the unification of the whole of the method (the method of direct or indirect methods).
2.4. Accounting consolidation

(1) the parent company has the task of consolidated financial reporting and consolidated accounting in accordance with accounting standard no. 25 "consolidated financial statements and accounting investments in subsidiaries" and guidance in this circular.
Unified ledger accounting is used to record, and storing the entire system to the economic, financial services have made relevant to the process of consolidated financial reporting of the parent company and the subsidiaries in the parent company.
(2) consolidated accounting must specify the name of the accounting unit; the name window; day, month, year of establishment of the window; day, month, year closeout; the signature of the person who created the window, Chief Accountant and legal representative of the accounting unit; the page number; stamped.
(3) consolidated ledger must have the following principal contents: a) date of logging;
b) number and date of the accounting used for logging base;
c) summarizes the content of the economic, financial and professional implementation of merge;
d) the amount of the financial, economic, business incurred record in consolidated reporting items;
DD) the amount incurred in the period, last period balance.
(4) consolidated accounting consists of General Ledger and accounting details (accounting details are open depending on the detail of information needs, the best figures for each type of consolidated financial statements).
(5) Each accounting unit made consolidated financial statements only a consolidated accounting system for the accounting period of the year.
The best accounting book was open at the time of establishment of the consolidated financial statements.
(6) the parent company must be based on the financial statements of the parent company and subsidiaries and the journal entry adjustments to accounting records.
The best accounting to credited timely, clear, full according to the content of the window. Information, record data on consolidated accounting should be accurate, honest, true to the accounting logging base.
(7) accounting data base consolidation consolidated financial reporting.
(8) accounting (General, or details) use to reflect the economic profession merged to provide the data, the information presented on the consolidated financial statements.
(9) accounting Form incorporated: 9.1. General Ledger: ledger (see number 12-Sample of S01-SHN) a) log base consolidation: accounting-information from the financial statements of the parent company and the subsidiaries in the Group (accounting balance sheet, reported results of operations, cash flow reports and A presentation of financial statements);
-The accounting of votes recorded the journal entry to adjust according to the principles and method of adjusting the provisions in items 2.3.1, 2.3.2 above to make the financial statements of the Group of the parent company and its subsidiaries.
b) method, the best accounting logging * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * (see the 12th form attached) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 9.2. The best detailed accounting To credited the information, detailed data related to consolidated financial report may open the ledger details, such as: purchase situation, as merged enterprises; As investments in associated companies; As investment in the joint venture, ... The sample was opened at the request of information tracking unit.
2.5. additional indicators within each consolidated financial reporting 2.5.1. Additional indicators in the accounting balance sheet (form B 01-DN/HN) (1) complement the target V "commercial advantages"-code 260 in the "property" to reflect the commercial advantages arise in business transactions.
Changing V "other long-term assets"-code 260 into the item "other long-term assets VI"-code 270 (2) supplements category C "minority interests"-code 500 in the "resources" to reflect the value of the interests of minority shareholders.
2.5.2. additional indicators in the report the results of business activities consolidated (model No. B02-DN/HN) (1) supplements target 14 "portion of profits or losses in associated companies, joint ventures"-code 50 change the order number and the codes of the following criteria: 15-total accounting profit-60 16 code-corporate income Tax-code 61 17-profit after income tax Enter the business-code 70 (70 = 60-61) (2) supplements the norms: 17.1. The interests of minority shareholders 17.2. Net profit of the shareholders of the parent company 2.5.3. Additional information is presented in A presentation of financial statements (1) added after part I "active characteristics of" the information presented in A presentation, the best financial report as required by the accounting standards no. 25 "consolidated financial statements and accounting investments in subsidiaries" Standard No. 07, "accounting investments in associated companies" and the standard of 8 "financial information about the venture capital account", including: 1. The total number of companies + number of subsidiaries are consolidated + number of subsidiaries not consolidated. Explain the reason and the name, address, headquarters of its parent company has created and released the consolidated financial report.
2. A list of the important subsidiary was incorporated-company A:. Company name:. Address:. The rate of the benefit of the parent company:. Voting rights of the parent company:-company B:. Company name:. Address:. The rate of the benefit of the parent company:. Voting rights of the parent company: ....
3. Its subsidiaries were eliminated from the process. Explain the reason 4. The list of companies important links are reflected in the consolidated financial statements under the equity-method affiliate company headquarters address A + of + the + national ownership voting rights-linked company B + head office address + the + national ownership voting rights-company link C +........................................
5. The list of affiliate companies stop to apply or not to apply the equity method when consolidated financial reporting.
6. list the base Business Council the important control are reflected in the consolidated financial statements under the equity method-base Business Council control A headquarters address: + to + the + national ownership voting rights-basis trading control B Head Office address: + to + the + national ownership voting rights-basis trading control C:...................................................
7. list the base Business Council control to stop applying or not applying the equity method when consolidated financial reporting.
8. The events of important influence to the business activities of the Group during the reporting year for EXAMPLE: ESTABLISHMENT of the CONSOLIDATED ACCOUNTING BALANCE SHEET * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * (see appendix attached) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 3. Accounting Guide investment in subsidiaries 3.1. Modification, additional accounting account 3.1.1. The account reflects investments in subsidiaries (1) 136-accounts receivable-1361-account business Capital in subsidiaries: this account open only in the top level unit (independent business, Corporation) to reflect the investment of existing owners in these subdivisions due to the upper level directly or formed by other methods.
-This account does not reflect an investment that the parent company invest capital directly or indirectly in the subsidiary. The account of this investment is reflected in TK 221-investments in subsidiaries.
(2) account 221 – investment in subsidiaries a) 221 account name changed to "long-term" stock investment into accounts 221 "investment in subsidiaries".
b) content, texture, the accounting methods of the 221 account "investment in subsidiaries".
221 user account to reflect the current value and the volatility of capital investments into subsidiaries. Investments in subsidiaries include:

(1) the stock certificate is verified business capital of the parent company into the subsidiary operates according to the type of company shares. Shares can include shares, preferred stock.
The parent company is the owner of shares in the company have the right to participate in shareholder, can the nomination and election to the Board, have the right to vote on the important issue of editing, additional rules, business plans, divided according to the provisions in the Charter operations of the business. The parent company is the owner of the stock are entitled to dividends on the results of operations of the company, but at the same time the owner of the stock must also bear the risk of losses, the company dissolved (or bankruptcy) according to the Charter of the enterprise and the Enterprise Bankruptcy Law.
(2) capital investments into subsidiaries operating under the kind of State companies, a company member, State joint-stock company and other business types.
Account accounting 221 – investment in subsidiaries should respect a specified number (1). Investment capital into the subsidiaries must be reflected by the original price, including the purchase price plus (+) the cost (if any), such as: brokerage fees, transaction fees, banking costs and tax ...
(2) accounting to open the Windows account tracking details on each company according to the face value, the actual price of the stock purchase, the actual cost of investment in the subsidiary.
(3) To the full, timely accounting earnings from associated companies (interest rates, interest rate trading stocks) of the fiscal year on separate financial statements of the parent company. Dividends, profits are split from subsidiaries are accounted into revenues of financial operations of the parent company.
The structure and content reflect the account's 221-investment in subsidiary Debt Party: the actual value of the investments in subsidiaries.
Parties: the actual value of the investments in subsidiaries decreased.
Party Debt balance: actual value investments in existing subsidiaries of the parent company.
221-account investments in subsidiaries, are 2-level account: account-2211-investing in stocks: reflects the value of the existing situation and the volatility of the stock investment in subsidiaries of the parent company.
-2212-other investment account: reflects current values and volatility of the situation in the other investment types in the subsidiary of the parent company.
Accounting methods some economic activity mainly (1) When the parent company buy stocks or investing in companies with money as capital contribution in investment, commitment or buy the investments in subsidiaries, based on the actual amount invested in the company, record the TK-221: debt investments in subsidiaries Have TK 111-cash; or TK 112-bank deposits Have long term Loans-341 TK.
At the same time to open the details window in addition to the accounting balance sheets to keep track of each stock according to the denomination (if investment in the company by buying shares of a subsidiary).
(2) If there are charges, brokerage, information about buying, selling, in the process of buying stocks, or investing in subsidiaries, recorded: TK-221 investments in Debt companies Have the TK 111, 112, ...
(3) transfer case investments in associated companies, joint ventures, financial instruments into account investments in subsidiaries, recorded: TK 221-Debt investments in subsidiaries Have TK 222-venture capital, or TK 223-investments in affiliated companies Have TK long-term investment-228 others TK 121-other short-term securities investments.
(4) the financial year of the notice of dividend, interest, business or receive money on the interest is split from subsidiaries, recorded: 111, 112 TK TK Debt Debt 131-customer receivable; or TK 221-Debt investments in subsidiary companies (the case of interest is split to increase the investment in subsidiary-if available) there are TK activity revenue-515.
(5) when converting investments into subsidiaries into account investments in associated companies, or become the investment is financial instrument, record: TK 121 Debt-short term Debt securities investment TK 223-investments in affiliated companies Owe TK 228-other long-term investments Have TK 221-investments in subsidiaries.
(6) Upon recovery, liquidation of capital investment in subsidiaries, incurred losses of capital recovery, record: 111, 112 Owes debt to the TK TK 131-customer receivable Owed TK 635-financial costs (for the investment losses cannot be recovered) Are TK 221-investments in subsidiaries.
(7) Upon recovery, liquidation of capital investment in the subsidiaries, arising interest rate of recovery of capital investment, record: 111, 112 Owes debt to the TK TK-138 other receivable TK 221 – investment in subsidiaries Have TK 515-financial operation revenue (for the difference in interest rates investment recovered) 3.2. Modify, supplement the content reflect the account's 228 "other long-term investments"-228 accounts refers to reflect the value of the existing situation and the volatility of the kind of long-term financial investments other than investments in subsidiaries, associated companies, Business Council control. Other long-term investments include: capital investments in other units that business holds less than 20% of the voting rights; investment in bonds, loans, other investments, ... that the time limit for holding, the recovery or payment of over 1 year.
-Other long-term investments are divided into long-term stock investments and other long-term investments. Securities are financial instruments and commodities of the stock market. The stock market performs the function of capital leads those who have capital but do not have the opportunity or the investment capacity to those investment opportunities but lack of capital. Long-term securities are seeking funding with maturity of over 1 year.
Long-term securities include:-business shares is evidence of the owner's equity on active business or start. Stocks may have common stock, preferred stock.
Bond is a certificate of debt and term with interest by the State or the Enterprise release to mobilize capital for development investment. Includes bonds: Government bonds, Government-guaranteed bonds, local government bonds, corporate bonds.
The bond's interest rate can be fixed for the whole term of the bonds, fixed interest rate may be applied every year, the interest rate could be formed through the auction.
228 account accounting-other long-term investment needed to respect some provisions after 1. Long-term investment securities must be recorded as the original price (the actual price to buy securities) include: purchase price plus (+) the cost (if any), such as: brokerage fees, transaction fees, banking costs and tax ...
2. annual accounting degrees, if the End market value of long-term investment securities is reduced down to lower the original price, accounting was established discount investment reserve long term. The establishment of discount rooms to long-term investment in accordance with the accounting standards and financial management mechanisms.
3. Accounting must open the window details each track type bonds, stocks purchased under term and investment partner, accounting according to the face value, the actual purchase price of the shares, bonds. Hold all information of the stock market and have the correct decisions when investing.
4. Must calculate and timely payment of all interest on stocks, bonds as to duration. Interest rate stocks, bonds are income accounting financial activity of the enterprise.
5. When the loans have to track the details of each loan by loan, the loan method object, term and interest rate for the loan.
The structure and content reflect the account's 228-other long-term Debt Party: actual value other long-term investments increase.
Parties: actual value other long-term investments decreased.
Party Debt balance: actual value other long-term investments we have of your business.
228 account-other long-term investments, have 3 accounts level 3:

-2281-account stock: reflects the value of the existing situation and the volatility of the stock long-term investments or capital contribution that business holds less than 20% of the voting rights in other enterprises.
-2282-account bonds: reflects current values and volatility of the situation, the kind of long-term bonds business.
-2283 account-other long-term investment: reflecting the existing situation and value fluctuations of loan or other long-term investments of the business.
Accounting methods some economic activity primarily I. Investment Securities, which is 1. When businesses buy stock or capital contribution to other unit (holding below 20% voting rights in other enterprises), based on the evidence from spending money and bought stocks, record: 228-TK investment Debt other long-term Has the TK, 112, 111 ... at the same time to open the details window to track each type of stock , capital.
2. When buying bonds based on vouchers to spend money and bought bonds, record: 228-TK investment Debt long term other TK 111, 112, ...
3. in case of receiving interest on the bonds, periodic dividends, when received, dividends or profits determine of profits, dividends receivable, record: 111, 112 TK Debt; or TK 131-Debt receivable of the client (not yet collected money right) Owed TK other long-term investments-228 (case interest rates enter into capital) Have active sales-515 TK finance.
4. If there are charges for information, brokerage, trading, in the process of stock investing, record: 635-TK Debt financing costs Have TK 111, 112, ...
5. When payment is due, scoring bonds: debt TK 111, 112, ...
There are 228-long-term investment of TK (the original amount) Are TK 515-financial operation revenue (interest).
6. in case of need of capital, the business must pay the bonds before maturity is not retrieved or hefty interest rates on sale for enough recovery to the original capital, or loss, scored 111, 112 TK: debt (the proceeds) Owed TK 635-financial operating costs (price difference smaller price proceeds invested in securities); or record with 515 account "financial operations revenue" (the difference in price is greater than the proceeds invested in securities) Have long-term investment-228 of TK (the original amount).
7. When converting into long-term investment securities investment securities short, write: TK 121-Debt securities short-term investments Have TK long-term investment-228.
II. Activities for loans 1. As for the other units had recovered the term loan on a year, scoring 228-TK: debt other long-term investments Have TK 111, 112, ...
2. Periodically and currency interest rate for loans, Debt record: TK 111, 112, ...
TK 131-debt receivable of the customer (If not yet obtained money right) Have active sales-515 TK financial (details on the interest rate for loans).
3. loan recovery, record: 111, 112, TK Debt ... (The amount of principal and interest for loans)
There are 228-long-term investment of TK (the original amount) Are TK 515-financial operation revenue (Of interest rates).
4. General provisions on general financial report 4.1. The purpose of the aggregate financial statements 1. Synthesis and presents a comprehensive, general way the situation of the assets, liabilities, equity resources in the end of the financial year, the situation and the results of operations of the financial year of all units.
2. Provide the information economy, essential for the evaluation of status and financial situation business situation the financial year of all units. Information of the financial reports of the important bases for the decisions on the management of, the business operations of the superior unit, of the investors, the current owner and future and of the governing bodies of the competent State ,...
4.2. scope of application 1. The end of the financial year the accounting unit on the accounting units subordinated to or active State Corporation in the model does not have a subsidiary to general financial reports to reflect the financial situation and business situation of: (1) the whole of the units within the management of the superior unit includes superior and unit the subdivisions are independent or affiliated accounting; or (2) the State Corporation founded and operated by subsidiary no model.
In this circular objects (1) and (2) are referred to as the accounting unit.
4.3. The content of the financial reporting system General 1. The system of consolidated financial reporting including form 4 reports:-General Accounting balance sheet model No. B 01-DN-reported results of operations the denominator synthesis B 02-DN-cash flow report sum model No. B 03-DN-A demonstration of synthetic financial report form B 09-DN in addition , to serve the requirements of economic management, finance, leadership requirements of operating unit, the accounting unit on the upper level, the Corporation may establish regulations state additional aggregate financial report other details.
2. The content, the form presents the indicators in each of the aggregate financial statements be made according to the forms prescribed in the standards Guide No. 21 "presentation of financial statements".
In the process of adopting, if necessary the level of additional detail on possible indicators of aggregate financial statements to suit the characteristics of the business activity level on; If any amendments have to be approved by the Ministry of finance documents.
4.4. The responsibilities, deadlines and submit the financial report General 4.4.1. Financial reporting responsibilities General The following units must perform general financial reporting accounting unit on the outside of your own financial statement accounting unit on:-State Corporation founded and operated by subsidiary no model;
-Superior accounting unit: Is the unit of accounting accounting units subordinated to have financial reporting;
The superior unit must set up, filed and publicly available financial statements of General provisions of the law on accounting, accounting standards no. 21 "presentation of financial statements" and guidance in this circular.
4.4.2. The time limit set, submit the financial report publicly and General-General financial report must prepare and submit to the end of the accounting period financial year for State management agencies under the provisions of 90 days from the end of the accounting period of the year.
-Aggregate financial report must be public within 120 days of the end of accounting period of the year.
4.4.3. Where aggregate financial statements reporting object general financial reporting period where the receiving agency financial reports, business registration agency Tax Agency Statistics Agency 1. The State Corporation (founded and operated by subsidiary no model) year, x x x 2. Unit of accounting for other superior accounting unit directly under the year x x x 4.2. Specific provisions of 4.2.1 General financial report. Principles established and presented financial statements General 1. Accounting unit on when the aggregate financial reporting must be based on the financial statements of all the units directly under the accounting by units of the upper level management.
2. Once the target of each aggregate financial report is calculated by totalling the respective targets of all the financial statements of the subsidiaries.
3. superior accounting unit not be excluded out of the aggregate financial statements the financial statements of the subsidiaries that operate different business activities of all the other units in the units.

For superior accounting unit has the relationship of investment capital (equity level, basic construction investment capital, loans, ...) provide the services, products, mutual households ... between the superior accounting unit with the unit directly under or between the accounting unit which belongs together must make the journal entry to adjust each deductible only objectives of each respective financial statements. Principles and methods of reducing except be applied the principles and methods of regulation for the preparation and presentation of consolidated financial statements in this circular.
4. for special norms only in one or some of the subdivisions must also be presented on the financial statements of the general accounting unit.
5. General financial reports are created and presented according to the principles of accounting and evaluation principles as the annual financial report of independent businesses on the basis of compliance with accounting standards no. 21 "presentation of financial statements" and regulations of the different accounting standards.
6. financial report General was established on the basis of the accounting policy applied according to the principle of consistency for the transactions and events of the same kind in the same circumstances in whole units.
-If a units use different accounting policies the accounting policies applied uniformly in all units, the units must be adjusted to the appropriate financial statements before using for general financial report.
-Case if subsidiaries can not use accounting policies in a consistent way affect aggregate financial report must explain about the items are accounted according to different accounting policy during A presentation of the financial statements.
7. the financial statements of the subsidiaries used to aggregate financial reporting must be established for the same accounting period of the year.
Financial statements used to synthesize can be created in different times as long as the difference in time that does not exceed 3 months. If the end of the accounting period the year is different than 3, then the accounting unit which belongs to another set of financial statements for the purpose of contractual accounting period accounting period coincides with the year of the accounting unit.
8. The results of operations of the accounting unit subordinated to be put on general financial statements from the date the unit is a unit member of the accounting unit.
Results of operations of subsidiaries no longer governed by the superior unit not included in reported results of operations.
4.2.2. the financial reporting process (1) check the financial statements of each of the accounting unit, ensure the report was established in accordance with the provisions of the law on accounting and accounting standards as: must have enough individual financial statements; the financial statements are established in the same accounting period; the accounting policies for the financial statements is. .. If you need to adjust, then make adjustments before use to form the general financial report.
(2) classification of the accounting unit directly under each type of activities such as: business enterprise; investment in building and operating a career (if available). Each type of activity on the established aggregate financial report.
(3) for the target to reduce the aggregate index minus the journal entry adjustments and perform general calculations on that criteria.
(4) Establish general Panel report by individual financial statements (Balance Sheet, reported results of operations, cash flow reports and A presentation of financial statements) once the target of each report.
(5) the aggregate results based on the aggregate Table to report to general financial reports according to each report.
VI. ACCOUNTING STANDARDS GUIDE "for INFORMATION on RELATED PARTIES" 1. General provisions 1.1. Financial reporting (financial report presentation part) must present relationships with the related parties and transactions between related parties.
1.2. The following cases are considered stakeholders: a) The enterprise has the right to control, or are controlled directly or indirectly through one or more intermediary party, or under common control with, the reporting enterprise are:-the parent company;
-Subsidiary;
-Subsidiaries of the same Corporation;
-The parties to the venture;
-Base business is the Control Board.
b) The affiliate company c) individuals have the right to directly or indirectly voting in the businesses the report leads to considerable influence to this enterprise, including intimate members of the families of these individuals. Intimate family members of an individual are those who can govern or be governed by that person when dealing with business-like relationships: Father, mother, wife, husband, son, brother, sister.
d) key management personnel have the authority and responsibility for planning, management and control of the activities of the reporting enterprise, including the leaders, the management staff of the company and the members of the family for this individual;
DD) business due to the individuals listed in points (c) or (d) directly or indirectly holding voting rights or that person can have a significant impact to the business.
In consideration of each of the relationship of the parties concerned should pay attention to the nature of the relationship, not merely the legal form of the relationship.
1.3. The following cases are not considered stakeholders: a) the two companies shared a Director in the case of the Director that is hired has no affect the policies of both companies in the transaction.
b) organizations and individuals have normal relations with business, such as:-Organization, personal finance (such as loans);
-Political organizations, unions, social;
-Public service units;
-State Agency.
c) customer, supplier, Distributor, or general agent that business conduct a high volume of transactions even though the chance of economic dependence.
1.4. Are not presented in the consolidated financial statements for the Corporation's internal transaction.
1.5. Not presented transaction with related parties in the financial statements of the parent company, when this report was created and published together with the consolidated financial statements.
Case of financial statements of the parent company was formed and announced not with consolidated financial statements must be presented with related parties transactions in the financial statements of the parent company.
1.6. Not presented transaction with related parties in the financial statements of the subsidiary by the parent company that owns the whole if the parent company is well established in Vietnam and announced consolidated financial reporting in Vietnam.
The case of the parent company does not own the whole company or the parent company is established in a foreign country and not published consolidated financial reporting in Vietnam to present transactions with related parties in the financial statements of the subsidiary.
2. Specific guidelines implement the standard "information on the parties involved," 2.1. To determine the price of transactions between related parties may use the following principal methods:-not price control methods can be compared;
-Resale price method;
-Price method of capital plus interest.
a) controlled price method can be compared, determined by comparing the price of the goods sold on the market can compare to be economically that the seller has no relation with the buyer.

This method is often used in the case of goods and services provided in the transaction between the parties involved and the conditions of the sale as in the regular transaction. This method is also commonly used to determine the cost of the grants.
b) according to the resale price method, the transfer price for resellers is determined by deducting the resale price on a fare, reflecting the value which the seller wants to collect the cost of the her have reasonable interest rates. Here there are difficulties in the review to determine reasonable compensation for the expenses caused by the sale of donated back into the process.
This method is used in cases where goods are transferred between related parties before being sold to another party. This method is also used in the transfer of resources such as the ownership and service.
c) capital public interest price method is determined by adding up a consistent difference in the cost of the supply. Using this method has difficulty in identifying both the cost factor and difference. One of the standards of comparison can determine the transfer price is based on the rate of interest could compare was on turnover or on which the business of the same industry.
2.2. Financial statements must present some certain relationships between the stakeholders. The relationship is often noted is the transaction of the business leaders, especially in terms of salary and other terms of their loan, due to their important role for business. Besides the need to present the major trading company related nature and large investments balances with the group, with the associated companies and with the Board of Directors.
2.3. The principal transactions between related parties must also be presented in the financial report presentation of the business reported in the year in which the transactions which have influence, include:-the value of inventory is purchased or sold between the parties concerned;
-The value of fixed assets and other assets are bought or sold between the parties concerned;
-The value of services provided or received between the parties concerned;
-Value wholesale dealers offer between the parties concerned;
-Property rental transactions between related parties;
-Transfer of research and development;
-License agreement;
-The grants (including loans and equity contributions with money or in-kind);
-Guarantee and collateral;
-The management contract.
2.4. The relationship between the parties involved there exists the control must be presented in the financial statements, are transactions between the parties concerned or not.
2.5. The case of transactions between related parties, the reporting enterprise should present the nature of the relationship of the parties involved as well as the types of transactions and the elements of the transaction.
The elements of the transactions typically include:-the volume of transactions performed by value or percentage respectively;
-Value or the respective percentage of the unpaid items;
-Pricing policy.
2.6. The items of the same nature may be pooled except presentation the presentation separately is necessary to understand the effects of transactions between related parties with respect to the financial statements of the reporting enterprise. For example, the types of materials used for the manufacture of the product can present included into an item's "primary materials".
2.7. in the consolidated financial statements of the group is not necessary to present the transaction between members because this report stated up the information about the parent company and the subsidiary companies as a business report. Transactions with associated companies are accounted under the equity method was not excluded should therefore be presented separately as transactions with related parties.
VII. IMPLEMENTATION 1. This circular effect after 15 days from the date The report. The previous provisions contrary to this circular are repealed. The other accounting related section but no instructions in this circular shall follow the current accounting regime.
2. The provisions of accounting standards have different financial policy by the Ministry of Finance issued shall comply with the provisions of accounting standards and guidelines in this circular.
3. The Corporation, the company has a particular accounting regime that was approved by the Finance Ministry, is based on the accounting standards 6 (phase 3) issued decision No. 234/2003/QD-BTC dated December 30, 2003 and this circular to guide appropriate supplements.
4. The ministries, the people's Committee, the Department of finance, tax the Province, central cities are responsible for deployment guide enterprises implement this circular. In the process if there are obstacles to suggest reflection on the Ministry of finance to study the resolution./.