This Standard should be applied in accounting for investment property
This Standard should be applied in accounting for investment property, unless otherwise provided for under other VASs concerning an accounting method therefor.
03. This standard also prescribes determination and recognition of investment property disclosed in the financial statements of a lessee under a finance lease and calculation of investment property for lease presented in the financial statements of a lessor under operating lease.
This Standard does not deal with matters covered in VAS 06, Leases, including:
(a) classification of leases as finance leases or operating leases;
(b) recognition of lease income earned on investment property (see also VAS 14, Revenue and Other Income);
(c) measurement in a lessee’s financial statements of property held under an operating lease;
(d) measurement in a lessor’s financial statements of property leased out under a finance lease;
(e) accounting for sale and leaseback transactions; and
(f) disclosure about finance leases and operating leases.
04. This Standard does not apply to:
(a) biological assets attached to land related to agricultural activity; and
(b) mineral rights, the exploration for and extraction of minerals, oil, natural gas and similar non-regenerative resources.
05. The following terms are used in this Standard with the meanings specified:
Investment property is property being land-use rights or a building – or part of a building – or both, infrastructure held by the owner or by the lessee under a finance lease to earn rentals or for capital appreciation or both, rather than for:
(a) use in the production or supply of goods or services or for administrative purposes; or
(b) sale in the ordinary course of business.
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GIẤY PHÉP THÀNH LẬP VĂN PHÒNG ĐẠI DIỆN (TT)
The duration of authorization of each representative, including the beginning date;
Responsibilities of the enterprise’s legal representative
Reporting changes to information about the enterprise’s manager
Criteria, rights and obligations of social enterprises
Do accounting, make and submit truthful financial statements in a timely manner according to regulations of law on accounting and statistics.
State assurance about enterprises and owners of enterprises
Subsidiaries are related person of the parent company in the same group
Application of the Law on Enterprises and specialized laws
Acceptance of leased goods