Decision No. 03-TC/TDT promulgates the accounting system for budgetary units

Decision No. 03-TC/TDT promulgates the Accounting System for Budgetary Units applicable to all central and local administrative agencies and public institutions, effective from January 1, 1973. Previous regulations on accounting for budgetary units are abolished.

Document No.03-TC/TDT
Document typeDecision
Issuing authorityMinistry of Finance
Signed byTrịnh Văn Bính — Thứ trưởng
Updated02/07/2026
SectorFinance
FieldFinancial Services and Funds Management
Issued date30/03/1972
Effective date01/01/1973
Expiry date
StatusIn effect
✦ Smart summary

Decision No. 03-TC/TDT promulgates the Accounting System for Budgetary Units applicable to all central and local administrative agencies and public institutions, effective from January 1, 1973. Previous regulations on accounting for budgetary units are abolished.

Scope of application

All central and local administrative agencies and public institutions

Key points

  • Central and local administrative agencies and public institutions → shall apply the Accounting System for Budgetary Units issued together with this decision.
  • This system shall be implemented from January 1, 1973. However, those agencies and units that have been thoroughly prepared according to Circular No. 159-TC/TDT dated November 22, 1971, of the Ministry of Finance shall implement it from the beginning of 1972.
  • Regulations on accounting for budgetary units previously issued by the Ministry of Finance that conflict with this decision are abolished.

🌐 Social impact of this document

  • To create a unified accounting system for agencies and public institutions, enhancing financial management.

❓ Frequently asked questions

When does the Accounting System for Budgetary Units take effect?

This system shall be implemented from January 1, 1973. However, those agencies and units that have been thoroughly prepared according to Circular No. 159-TC/TDT dated November 22, 1971, of the Ministry of Finance shall implement it from the beginning of 1972.

Are previous regulations on accounting for budgetary units still in effect?

Regulations on accounting for budgetary units previously issued by the Ministry of Finance that conflict with this decision are abolished.

Full text

MINISTRY OF FINANCE

SOCIALIST REPUBLIC OF VIET NAM
Independence – Freedom – Happiness

NUMBER: 03-TC/TDT

HA NOI, March 30, 1972

Pursuant to …;

ISSUING THE ACCOUNTING REGIME FOR BUDGETARY UNITS

________________________

THE MINISTER OF FINANCE

BASED ON Decree No. 197-CP dated November 7, 1961, stipulating the tasks, powers, and organizational structure of the Ministry of Finance;

BASED ON the State Accounting Organization Charter issued together with Decree No. 175-CP dated October 28, 1961,

Pursuant to …;

Clause 4 of Article 6- NOW ISSUES the Accounting Regime for Budgetary Units attached to this Decision, applicable to all central and local administrative agencies and public institutions.

Article 2.- THIS REGIME SHALL BE ENFORCED FROM January 1, 1973. Notwithstanding, agencies and units that have been adequately prepared according to Circular No. 159-TC/TDT dated November 22, 1971 of the Ministry of Finance shall enforce it from the beginning of 1972.

Article 3. - ALL PREVIOUS ACCOUNTING REGIMES FOR BUDGETARY UNITS ISSUED BY THE MINISTRY OF FINANCE THAT CONTRADICT THIS DECISION ARE ABROGATED.

Article 4.- THE SECRETARY OF THE OFFICE AND THE HEADS OF THE GENERAL BUDGET DEPARTMENT ARE RESPONSIBLE FOR IMPLEMENTING THIS DECISION.

MINISTRY OF AGRICULTURE AND RURAL DEVELOPMENT
DEPUTY MINISTER
(Signed)
Trinh Van Binh
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