Circular 125: Accounting system to fund management company

Circular 125: Accounting system to fund management company 22/09/2011 03:17:00 1174

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On September 5th, 2011, Ministry of Finance issued Circular no 125/2011/TT-BTC guiding on accounting regime to fund management company.

 

Accordingly, to rename and supplement accounting account level 2 of account level 1 promulgated in enterprise accounting regime according to Decision 15/2006/QĐ-BTC. Specially, to rename account 511 to “revenue of professional activity and other service provision”; account 532 to “revenue deduction items”; account 631 to “cost for professional activities”; account 002 to “materials, worth certificates held under trust”; account 003 to “asset deposits received”.

 

Simultaneously, to supplement 3 accounts level 1 in accounting balance and 6 accounts outside accounting balance, including account 132 – receivables from professional activities; account 359 – provision fund of damage compensation for investors; account 637 – common direct costs; account 012 – deposited securities of fund management company; account 015 – non deposited securities of fund management company; account 021 – deposits of entrusted investors; account 022 – portfolio of entrusted investors; account 023 – receivables of entrusted investors; account 024 – payables of entrusted investors.

 

This circular takes effect since 01/01/2012.

 

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