On 26 August, 2016 the Ministry of Finance issued Circular No.133/2016/TT-BTC (“Circular 133”) which provides guidance on Vietnamese Accounting Systems for Small and Medium-sized Enterprises (“SMEs”). Circular 133 takes effect for fiscal years commencing on or after 1 January 2017. Circular 133 replaces the contents applied to SMEs of both Decision No.48/2006/QD-BTC (“Decision 48”) dated 14 September 2006 and Circular No. 138/2011/TT-BTC (“Circular 138”) dated 04 October 2011 as issued by the Ministry of Finance . The SMEs are authorized to proactively design and construct their accounting system in line with SMEs’ respective industries, management and decision-making purposes.

Please click here to download the document in English.
Please click here to download the document in Vietnamese.
Please click here to download the document in Korean.


OTHER NEWS ON THE AUSCHAM WEBSITE

In the toolbar of this website, click on “NEWS” for the drop down menu which includes: