TC6: Explanation for Explanation for auditor's notes in semi – annual financial statement 2013
On 21/08/2013, Vinacomin Coc Sau Coal JSC announces the explanation for auditor's notes in semi-annual financial statement 2013 as follows:
The company did not classify the up to date long term liability to “short term liabilities” item on the balance sheet because:
Follow the Correspondence no. 6437/Vinacomin-KT on 11/12/2012 about the instruction of financial statement 2012: The up to date long term liability: According to the regulations of accounting regime, the long-term debts must kept account entry, the long-term loans is not kept account entry and only explained this data in the notes to financial statement. Therefore the company did not classify the up to date long term liability on the balance sheet and recorded it in the description no.19 of the financial statement.
HNX
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