SDP: Explanation for difference in financial statement Year 2011 before and after auditing

On 02/05/2012, Song Da Trading and Transport JSC explained difference in financial statement 2011 before and after auditing as follows:

Before auditing, the Income tax payable is VND4,862,619,239. However, following the Circular No. 154/2011/TT-BTC dated 11/11/2011, the Company is belong to the state of tax deduction with the rate is 30% of Income tax payable in 2011.

Therefore, the audited financial statement 2011 has adjusted Income tax payable is VND3,400,117,213 that causes the change in profit after tax of financial statement year 2011 before and after auditing.

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