BHV: Explanation for the difference between FS in brief QIV/2008 and AFS 2008
Viglacera BaHien JSC explained the difference between financial statement in brief QIV/2008 and audited financial statement 2008 as follows:
- Financial statement in brief IV/2008 was made in 02/2008. At this time, production expenses (specially fixed assets depreciation) according to plan is VND 4.2 billion. So, accumulated profit before tax according to the Company’s report is VND 8.432 billion
- However, when audited, fixed assets depreciation is adjusted according to circular 206/2003QD-BTC and the fixed assets depreciation is VND 2.24 billion. So, accumulated profit before tax after being audited is VND 10,262 billion.
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