Guiding accounting for expenses incurred due to Covid19 pandemic

Official letter 10385/BTC-QLKT dated 10/9/2021 guiding accounting for expenses incurred due to Covid19 pandemic

1- For the purpose of preparation of the financial statements:

Only record to account 621 the costs of raw materials and auxiliary materials used directly for the production and services in the period, stated at the actual prices when they are used.

Account 811 is used for expenses related to the direct producing division during the cease of operation due to Covid19 pandemic and must be disclosed in the financial statements 

2- Tax obligations on expenses related to the direct producing division during the cease of operation due to Covid19 is in accordance with the tax law.

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Viet Australia Auditing Company is an independent auditing organization licensed and established in 2007 in the Socialist Republic of Vietnam.