Decision No. 94/2005/QD-BTC On the issuance of the "Accounting System for State Budget and Financial Affairs of Communes"

DECISION

Regarding the issuance of the "Budget Accounting and Financial Management System for Communes"

THE MINISTER OF FINANCE

Pursuant to the Accounting Law number 03/2003/QH11 dated June 17, 2003 and Decree number 128/2004/ND-CP dated May 31, 2004 of the Government detailing and guiding the implementation of certain provisions of the Accounting Law in the field of state accounting;

Pursuant to the State Budget Law number 01/2002/QH11 dated December 16, 2002 and Decree number 60/2003/NĐ-CP dated June 6, 2003 of the Government detailing and guiding the implementation of the State Budget Law;

Pursuant to Decree No. 77/2003/NĐ-CP dated July 1, 2003 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Finance;

At the proposal of the Director of the Department of Accounting Systems and Auditing, the Director of the Department of State Budget, and the Head of the Ministry of Finance's Office,

DECISION:

Article 1. Issued herewith is the "Budget Accounting and Financial Management System for Communes," consisting of five parts:

Part One - General Provisions;

Part Two - Accounting Documents System;

Part Three - Accounting Account System;

Part Four - Accounting Ledger System;

Part Five - Financial Reporting and Final Accounts Reporting System.

The Budget Accounting and Financial Management System for Communes shall apply to communes, wards, and towns (hereinafter referred to collectively as communes) within districts, counties, and provincial cities throughout the country.

Article 2. The Budget Accounting and Financial Management System for Communes shall take effect fifteen days from the date of publication in the Official Gazette and shall replace the Budget Accounting and Financial Management System for Communes issued together with Decision number 141/2001/QD-BTC dated December 21, 2001 and Decision number 208/2003/QD-BTC dated December 15, 2003 of the Minister of Finance amending and supplementing the Budget Accounting and Financial Management System for Communes issued pursuant to Decision number 141/2001/QD-BTC dated December 21, 2001.

Article 3. The Directors of the Provincial Finance Departments under the Central Government shall be responsible for implementing, guiding, and supervising the application of this Accounting System in communes, wards, and towns within their respective localities.

Article 4. For communes in mountainous areas at high altitudes with small budget revenues and expenditures and limited accounting staff capabilities, the Ministry of Finance authorizes the Directors of Provincial Finance Departments to consider and approve the application of the "simplified accounting method" or the selection of appropriate accounts.

The Chairpersons of Commune People's Committees must strictly comply with the provisions of this Accounting System.

Article 5. The Directors of the Department of Accounting Systems and Auditing, the Department of State Budget, the Director-General of the State Treasury, the Director-General of the Tax Administration, the Head of the Ministry of Finance's Office, and the Heads of relevant units under the Ministry of Finance shall be responsible for guiding, supervising, and enforcing this Decision./.

Article 6. The Director of the Accounting System and Audit Department, the Director of the State Budget Department, the Director General of the Central Treasury, the Commissioner of the Tax Administration, the Head of the Office of the Ministry of Finance, and the Heads of relevant units under the Ministry of Finance shall be responsible for guiding, inspecting, and implementing this Decision./.