Circular 48/2019 - Guidance on accounting treatment for provisions

Circular No.48/2019/TT-BTC (Circular 48) dated 8thAugust 2019 by the Ministry of Finance guiding the treatment of provisions for devaluation of inventory, loss from financial investments, bad debts and warranties for products, goods, services, construction works at the enterprise. 

 

Circular 48 takes effect from 10 October 2019 and applies for the fiscal year 2019 going forward.

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