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Thursday, 05/07/2012 11:26

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

PetroVietnam Securities Incorporated explained difference in financial statement 2011 before and after auditing as follows:

The difference in profit after tax in FS 2011 before and after auditing is only VND 1 due to rounding figures. The difference in profit after tax between FS Q4 2011 and FS 2011 is VND 11,969,927. The reason is we prepared the FS Q4 2011 and reported it to the exchange in January when we had not finished the FS 2011. In March, when we prepared the FS 2011 we already reviewed and accounted fully revenues and expenses in accordance with the law and was apporved by the auditing company.

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