Sanction of acts violating provisions on accounting vouchers

Article 7. Sanction of acts violating provisions on accounting vouchers

Dịch vụ kế toán

Dịch vụ kế toán

1. Warning for act of signing accounting vouchers inconsistently with provisions on position of signatures of titles for each type of accounting vouchers.

2. A fine of between VND 500,000 and 1,000,000 for any of the following acts:

a) Making accounting vouchers with insufficient principal details as prescribed by the accounting legislation;

b) Erasing, modifying accounting vouchers.

3. A fine of between VND 5,000,000 and 10,000,000 for any of the following acts:

a) Making accounting vouchers without the sufficient number of duplicate copies according to regulations on each type of accounting document;

b) Signing on accounting vouchers which are not fully filled in the contents falling under the signatories’ responsibility;

c) Signing accounting vouchers when having no competence or authorization to sign.

4. A fine of between VND 20,000,000 and 30,000,000 for any of the following acts:

a) Forging or making false statements in the accounting vouchers;

b) Reaching agreement with or compelling other persons to forge, or make false statements in, accounting vouchers;

c) Making accounting vouchers with duplicate copies containing different contents, for cases of making vouchers with more than one duplicate copy for one arisen economic or financial operation;

d) Failing to make accounting vouchers for arisen economic or financial operations;

dd) Making more than once accounting vouchers for one arisen economic or financial operation;

e) Destroying or deliberately damaging accounting vouchers.

5. Additional sanctions:

a) Confiscation of accounting vouchers for violations specified in points a, b Clause 4 of this Article;

b) Deprive of the right to use the accountancy practice certificates for persons practicing accountancy from 1 month to 3 months; suspension of provision of accounting service for organizations providing accounting service from 1 month to 3 months, in case of violation specified in Clause 4 of this Article.

6. Remedial measures:

Forcible destruction of accounting vouchers which have been made in an overlapping manner for an operation specified in point dd Clause 4 of this Article;

Article 8. Sanction of acts violating provisions on accounting books

1. A warning or a fine of between VND 500,000 and 1,000,000 for one of the following acts:

a) Making accounting books with insufficient contents according to regulations, such as no name of the accounting unit, no book name, no opening date of book; no closing date of book; no signature of the person making book, chief accountant and legal representative of accounting unit; no page number, no overlapping stamps on accounting book pages;

b) Making entries in accounting books with insufficient principal contents according to regulations;

c) Violating regulations on making entries in accounting books, such as making superimposed entries, making entries on every other line; failing to cross out the blank space of a page; failing to sum up figures at the end of a page; failing to transfer the sum in the previous page onto the top of the following page;

d) Failing to bind up separate books for each accounting period and complete legal formalities after printing out books on paper in case of computerized accounting.

2. A fine of between VND 3,000,000 and 5,000,000 for any of the following acts:

Dịch vụ kế toán

Dịch vụ kế toán

a) Opening accounting books not in accordance with general principles applicable to one of accounting book forms according to regulations;

b) Making entries in accounting books without using the method prescribed in the accounting standards and accounting regime;

c) Making entries in or closing accounting books not in time according to regulations;

d) Correcting errors in accounting books without using the prescribed method.

3. A fine of between VND 5,000,000 and 10,000,000 for any of the following acts:

a) Failing to open accounting books at the beginning of the annual accounting period or from the date of establishment of the accounting unit;

b) Failing to keep accounting vouchers evidencing information and figures recorded in accounting books or figures recorded in accounting books failing to match accounting vouchers;

c) Information, figures recorded in accounting books of the accounting year failing to succeed information and figures recorded in accounting books of the preceding year or failing to make continuous entries in accounting books from the time of opening to the time of closing;

d) Failing to close accounting books in cases where accounting books must be closed according to the accounting legislation;

dd) Failing to print out accounting books on paper after closing computerized books for types of book which must be printed according to regulation, or failing to have full signatures and seal according to regulation after printing out accounting books.

4. A fine of between VND 20,000,000 and 30,000,000 for any of the following acts:

a) Opening accounting books outside the system of official accounting books of the unit;

b) Forging accounting books;

c) Reaching agreement with or compelling other persons to forge accounting books;

d) Deliberately leaving out of accounting books property of, or related to, the unit;

dd) Destroying accounting books ahead of time or deliberately damaging them.

5. Additional sanctions:

a) Confiscation of accounting books for violations specified in points a, b, c Clause 4 of this Article;

b) Deprive of the right to use the accountancy practice certificates for persons practicing accountancy from 01 month to 03 months; suspension of provision of accounting service for organizations providing accounting service from 01 month to 03 months, in case of violation specified in Clause 4 of this Article.

6. Remedial measures:

Forcible restoration of accounting books, for violations prescribed at Point dd Clause 4 of this Article.