SGH: Explanation for difference in financial statement Year 2011 before and after auditing
On
02/05/2012, SAIGON HOTEL CORPORATION explained difference in financial
statement 2012 before and after auditing as follows:
Profit
after tax after auditing decreased by VND 339,104,711 compared to that before
auditing.
Reasons:
-
Cost of goods sold decreased by VND
25,388,889 because of decrease of depreciation of fixed assets.
-
Management expenses increased by VND
319,073,600 because the Company accounted tool expenses.
-
Other expenses increased by VND 45,420,000
because the Company transferred VND 45,420,000 from management expenses to
other expenses.
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