VI Compilation of financial report forms for small and medium-sized companies with accounting records for 2025 according to Circular 133? Download the full set? What principles must small and medium-sized companies adhere to when preparing their annual financial statements when changing the accounting currency? Let’s explore this further with Pham Consult!
Compilation of financial report forms for small and medium-sized companies with accounting records for 2025 according to Circular 133? Download the full set?
Based on the provisions of Clause 1, Article 71 of Circular 133/2016/TT-BTC, the following is stipulated:
Financial Reporting System
- The annual financial reporting system applicable to small and medium-sized enterprises (SMEs) meeting the going concern assumption includes:
- a) Mandatory reports:
– Statement of Financial Position
Form No. B01a – DNN
– Statement of Income
Form No. B02 – DNN
– Notes to the Financial Statements
Form No. B09 – DNN
Depending on the characteristics of operations and management requirements, enterprises may choose to prepare the Statement of Financial Position according to Form No. B01b – DNN instead of Form No. B01a – DNN.
Financial reports submitted to the tax authority must also include a Trial Balance (Form No. F01 – DNN).
- b) Non-mandatory but encouraged reports:
– Cash flow statement
Form No. B03 – DNN
Accordingly, the summary of financial reporting forms for 2025 of small and medium-sized enterprises (SMEs) that open accounting books according to Circular 133 includes:
– The annual financial reporting system applicable to SMEs that meet the going concern assumption includes:
+ Mandatory reports:
+ Form No. B01a – DNN Statement of Financial Position
+ Form No. B02 – DNN Statement of Business Results
+ Form No. B09 – DNN Notes to Financial Statements
Depending on the characteristics of operations and management requirements, enterprises may choose to prepare the Statement of Financial Position according to Form No. B01b – DNN instead of Form No. B01a – DNN.
In addition, the financial statements submitted to the tax authorities must also include a Trial Balance according to Form No. F01 – DNN.
Form F01 – DNN.
+ Reports not mandatory but encouraged:
+ Form B03-DNN Cash Flow Statement
– Annual financial reporting system applicable to small and medium-sized enterprises that do not meet the going concern assumption includes:
+ Mandatory reports:
+ Form B01 – DNNKLT Financial Statement
+ Form B02 – DNN Income Statement
+ Form B09 – DNNKLT Financial Statement Notes
+ Reports not mandatory but encouraged:
+ Form B03-DNN Cash Flow Statement
(The above forms are issued with Circular 133/2016/TT-BTC)
Note: Enterprises may prepare additional reports to serve the management, direction, and operation requirements of their production and business activities.
Compilation of financial reporting forms for 2025 for small and medium-sized enterprises (SMEs) opening accounting books according to Circular 133? Download the complete set? (Image from the internet)
When can SMEs choose a foreign currency as the accounting currency?
The selection of the accounting currency is regulated in Article 5 of Circular 133/2016/TT-BTC as follows:
Accounting Currency
“Accounting currency” is the Vietnamese Dong (national symbol “đ”; international symbol “VND”) used for recording accounting books, preparing and presenting the financial statements of the enterprise. If the accounting unit mainly receives and disburses in foreign currency, and meets the standards stipulated in Article 6 of this Circular, it may choose one type of foreign currency as the accounting currency.
Accordingly, in the case of small and medium-sized enterprises that primarily receive and disburse foreign currency, and meet the standards stipulated in Article 6 of Circular 133/2016/TT-BTC, they may choose one foreign currency as the accounting unit.
What principles must small and medium-sized enterprises (SMEs) adhere to when preparing annual financial statements after changing the accounting currency?
According to Article 79 of Circular 133/2016/TT-BTC, the principles for preparing annual financial statements when changing the accounting currency are as follows:
(1) When changing the accounting currency, in the first period after the change, the accountant shall convert the accounting book balances to the new accounting currency using the average transfer exchange rate of the commercial bank where the enterprise regularly conducts transactions at the time of the change in accounting currency.
(2) When presenting comparative information (previous period column) on the income statement and cash flow statement for the period in which the accounting currency changes, the entity shall apply the average transfer exchange rate of the period immediately preceding the period of change.
(3) When changing the accounting currency unit, the enterprise must clearly state in the Notes to the Financial Statements the reason for changing the accounting currency unit and the effects (if any) on the financial statements due to the change in the accounting currency unit.
