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Home Library New Regulations Circular 228 - Guidance on provisions

Circular 228 - Guidance on provisions

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(Replace circular 13)

On 07 December 2009, The Ministry of Finance has issued Circular 228/2009/TT-BTC providing guidance on making and usage of provision for reduction in prices of inventory, provision for reduction of financial investments, provision for bed debts and provision for warranty of goods, products and construction works. This circular becomes effective after 45 working days since the date of issuance and will be applied for making all provisions in 2009.

 

 

Newsflash

From 15 Sep to 22 Sep, 2009, we have successfully carried out a training course for Vietnam Tobacco Corporation. The focal topics of the course are: cash flow statement preparation, advanced financial statement consolidation, financial statement analysis and financial planning. Besides slides and lecture notes, participants were provided with many excel templates to help them easily practice in their works. This training course was very much appreciated by all participants and the corporation's board.