VietlawOnline

blue-check A dependent cost-accounting branch is not required to have its own chief accountant

Official letter No. 8025/BTC-QLKT dated August 12th, 2022 of the Ministry of Finance regarding appointment of chief accountant or person in charge of accounting at a dependent cost-accounting unit
Posted: 18/8/2022 8:07:29 AM | Latest updated: 23/8/2022 4:49:44 PM (GMT+7)
VietlawOnline

The Ministry of Finance assumes that a dependent cost-accounting branch of an enterprise is not a business accounting unit, therefore the branch is not required to organize the accounting apparatus and appoint the chief accountant according to the regulations at clause 2 Article 18, clause 1 Article 20 of Decree No. 174/2016/ND-CPstatus2 .

The organization of the accounting apparatus and appointment of chief accountant of a cost-accounting branch of the enterprise shall be decided by the legal representative of the enterprise based on its operation and management requirements.

Ms Phuong Thao (VietlawOnline.com)
Please tag VietlawOnline.com when reposting this article

Related documents

Not found

Penalty document

Unknown

Information

Effective date Unknown
Expired date Unknown

Files attachment

enflag pdficon CV8025-12082022BTC[VLO].pdf

Timeline

No data

Accounting

blue-check A dependent cost-accounting branch is not required to have its own chief accountant
blue-check New regulations on judicial expertise in the financial sector
blue-check From June 20th, 2022: It is not required to issue separate invoice for goods entitled to 2% VAT reduction
blue-check How to distribute value of imported software used for various machines, equipment
blue-check Regarding invoice upon withdrawal of capital by assets
blue-check All legal representatives of an accounting service provider must be accounting practitioners
blue-check Guidelines for regulations on financial management of Vietnam Development Bank
blue-check How to issue invoice when VAT is reduced from November 1st, 2021
blue-check 5 Vietnam public sector accounting standards on financial statements, cash, inventories, real estate and intangible assets
blue-check Assessment statement for ASEAN chartered professional accountant
blue-check From July 11th, 2021: The regulations on allowing the recording of the exchange differences shall be abrogated
blue-check It is still required to issue invoice in case items are constructed before stopping construction works
blue-check Guidelines for management of tax procedure services
blue-check Regulations on periodic inspection of accounting service providers
blue-check Guidelines relating to deductible loan interest cost according to new limitation level
blue-check Regarding tax incentives with regard to interests on bank deposits
blue-check It is not allowable to make provisions for losses of goods in the course of transport
blue-check Accounting guidelines for transport and hydraulic infrastructure
red-check New regulations on making provisions
blue-check Guidelines for financial regime with regard to non-governmental organizations