Discussion about fixed asset accounting process in enterprises which use Vietnamese accounting standards

Discussion about fixed asset accounting process in enterprises which use Vietnamese accounting standards
Author: M.A Nguyễn Thị Hằng, Faculty of Accountancy - University of Economic and Technical Industries

The monitor of tangible fixed assets in order to reflect accurately the situation of these assets plays a key role in the work of accounting and management tangible fixed assets. The establishment of accounting work related to tangible fixed assets is not only to improve the quality of management and efficiency but also to support invest and manufacturing decision. This paper analyzes the differences between Vietnamese tangible fixed assets accounting standards and international accounting standards. Based on these differences, the paper makes some proposal to advance tangible fixed assets accounting process.

Key words: Tangible fixed assets, fixed assets