THE MINISTRY OF FINANCE
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SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom - Happiness
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No: 165/2002/QD-BTC
Hanoi, December 31, 2002
 
DECISION
PROMULGATING AND PUBLICIZING SIX (06) VIETNAMESE ACCOUNTING STANDARDS (PHASE 2)
THE MINISTER OF FINANCE
Pursuant to the Accountancy and Statistics Ordinance promulgated under with Order No. 06-LCT/HDNN of May 20, 1998 of the State Council and the Charter of State Accountancy Organization, promulgated together with Decree No. 25-HDBT of the Council of Ministers (now the Government);
Pursuant to the Government’s Decree No. 86/2002/ND-CP of November 5, 2002 defining the functions, tasks, powers and organizational structures of the ministries and ministerial-level agencies;
Pursuant to the Government’s Decree No. 178/CP of October 28, 1994 on the tasks, powers and organizational apparatus of the Ministry of Finance;
In order to meet the requirements of renewal of the economic and financial management mechanisms, raise the quality of supplied accountancy information in the national economy and to supervise and control the quality of the accountancy work;
At the proposals of the director of the Accounting Regime Department and the director of the Office of the Ministry of Finance,
DECIDES:
Article 1.- To promulgate six (06) Vietnamese accounting standards (phase 2) with the following codes and names:
- Standard No. 01 - General standard;
- Standard No. 06 - Leases;
- Standard No. 10 - Effects of changes in foreign exchange rates;
- Standard No. 15 - Construction contracts;
- Standard No. 16 - Borrowing costs;
- Standard No. 24 - Cash flow statements;