VI How should the report on final settlement of operating expenses of the unit using the state budget be prepared? Which subjects must prepare a report on final settlement of operating expenses for the amount of state budget funds allocated? What are the prohibited acts in accounting activities? Let’s find out more with Pham Consult!
How should the report on final settlement of operating expenses of the unit using the state budget be prepared?
Pursuant to Point a, Clause 3, Article 8 of Circular 24/2024/TT-BTC, the following provisions are made:
Regulations on operating expense settlement reports
- Principles and requirements for preparing operating expense settlement reports
- a) The unit’s operating expense settlement report must be prepared based on accounting data after closing the accounting books.
- b) Regarding domestic state budget settlement data:
– State budget settlement data includes the funds the unit has actually received and actually used in the budget year, including data arising during the settlement adjustment period according to the provisions of the law on the state budget.
– The unit’s state budget settlement data in the budget year must be compared and confirmed to match the data of the state treasury where the transaction is made according to regulations.
– The amount of state budget actually used in the proposed budget year is the amount of budget that the unit has spent and the State Treasury has confirmed the actual accounting of state budget expenditures in the budget year according to regulations.
Based on the above regulations, the report on the finalization of operating expenses of the unit using the state budget must be prepared based on accounting data after closing the accounting books.
Which subjects must prepare a report on the finalization of operating expenses for the amount of state budget funds allocated?
Pursuant to Point a, Clause 1, Article 8 of Circular 24/2024/TT-BTC, it is clearly stated that:
Regulations on reporting on the final settlement of operating expenses
- Subjects of preparing the final settlement report on operating expenses
- a) Units using the state budget must prepare a final settlement report on operating expenses for the amount of state budget funds allocated (including domestic budget funds allocated from regular expenditures, foreign aid funds, and funds borrowed from foreign sponsors according to the project for which the unit is assigned a budget) in accordance with the law on state budget and the form prescribed in this Circular.
- b) In case the unit has revenues and expenditures from deductible fees, retained according to the law on fees and charges; professional operating expenses that the competent authority stipulates must be reported on the final settlement of the amount used according to the state budget index, it must prepare a final settlement report on operating expenses according to the form prescribed in this Circular.
Thus, based on the above provisions, the entity that must prepare a report on the settlement of operating expenses for the amount of state budget funds allocated (including domestic budget funds allocated from regular expenditures, foreign aid funds, and loans from foreign sponsors according to the project for which the unit is assigned a budget) according to the provisions of law on state budget and the form prescribed in Circular 24/2024/TT-BTC is the unit using the state budget.
What are the prohibited acts in accounting activities?
According to Article 13 of the 2015 Accounting Law, the prohibited acts in accounting activities include:
(1) Forging, falsifying or agreeing to, forcing others to forge, falsify, or erase accounting vouchers or other accounting documents.
(2) Intentionally, agreeing to, or forcing others to provide or confirm false accounting information or data.
(3) Leaving out of the accounting books assets and liabilities of the accounting unit or related to the accounting unit.
(4) Destroying or intentionally damaging accounting documents before the end of the retention period specified in Article 41 of the 2015 Accounting Law.
(5) Issuing or promulgating accounting standards and accounting regimes without proper authority.
(6) Bribing, threatening, bullying, or forcing accountants to perform accounting work that is not in accordance with the provisions of the 2015 Accounting Law.
(7) A person responsible for managing and operating an accounting unit concurrently works as an accountant, storekeeper, or cashier, except for private enterprises and limited liability companies owned by an individual.
(8) Arranging or hiring an accountant or chief accountant who does not meet the standards and conditions specified in Article 51 of the 2015 Accounting Law and Article 54 of the 2015 Accounting Law.
(9) Renting, borrowing, leasing, or lending an accountant’s certificate or a certificate of registration to practice accounting services in any form.
(10) Establishing two or more financial accounting systems or providing and publishing financial reports with inconsistent data in the same accounting period.
(11) Providing accounting services without being granted a Certificate of eligibility to provide accounting services or practicing accounting services without ensuring the conditions prescribed by the 2015 Accounting Law.
(12) Using the phrase “accounting services” in the name of an enterprise if it has been more than 06 months since the date of being granted a Certificate of Business Registration but the enterprise has not been granted a Certificate of eligibility to provide accounting services or the enterprise has ceased providing accounting services.
(13) Hiring individuals or organizations that do not meet the conditions to practice or conduct accounting services to provide accounting services for their unit.
(14) Practicing accountants and accounting service enterprises collude with customers to provide and confirm false accounting information and data.
(15) Other prohibited acts according to the provisions of the law on preventing and combating corruption in accounting activities.
