The latest financial statement service in 2022

Create at: 18/01/2022 09:42

✨ You are a small and medium-sized business, you do not have an accountant or a fledgling accountant in the profession?

✨ You do not feel secure, do not believe in the accuracy of the financial statements prepared by the accounting department, the accounting staff of your own company.

✨ When your business needs financial statements to fulfill its tax finalization obligations, get a bank loan, and submit it to a state agency according to regulations?

✨ You want a professional accounting services firm to prepare financial statements on your behalf?

🍁 Don't worry, TASCO does everything for you, TASCO Tax Agent will help businesses limit the risks and unreasonable costs related to the preparation and submission of financial statements, providing optimal solutions. “FINANCIAL STATEMENT SERVICE”, helps businesses feel secure about accounting documents and focus on other business strategies of the enterprise.

What is financial statement?

🍀 Financial statement is an economic and financial information system of an accounting unit presented according to the form specified in accounting standards and accounting regime. According to regulations, all enterprises belonging to industries and economic sectors must prepare and submit annual financial statements. Financial statements must provide information about an enterprise about:

Asset;
Liabilities;
Equity;
Revenue, other income, production and business expenses and other expenses;
Profit, loss and distribution of business results;
Cash flows.

🍀 In addition to the above information, the enterprise must also provide other information in the "Notes to the Financial Statements" to further explain the criteria reflected in the financial statements and the accounting policies have been applied to recognize the transactions.

🍀 When starting a business, the important thing to know and control is its business performance every year, every quarter or even monthly. The best evidence to show the annual business results of that enterprise is through the preparation of financial statements.

Deadline for submission of financial statements

⭐ For state-owned enterprises, the accounting units must submit the annual financial statements within 30 days from the end of the annual accounting period; Specifically, for the annual accounting period from January 1 to December 31, the enterprise must submit financial statements before January 30 of the following year.

⭐ For companies, state corporations: the deadline for submitting annual financial statements is 90 days from the end of the fiscal year. Specifically, for the annual accounting period from January 1 to December 31, the enterprise must submit financial statements before March 30 of the following year.

⭐ Private enterprises, partnerships: the deadline for submitting annual financial statements is 30 days from the end of the fiscal year. Specifically, for the annual accounting period from January 1 to December 31, the enterprise must submit financial statements before January 30 of the following year.

⭐ Other enterprises: the deadline for submitting annual financial statements is 90 days from the end of the fiscal year. Specifically, for the annual accounting period from January 1 to December 31, enterprises must submit financial statements before March 30 of the following year.

⭐ Fine for late submission of financial statements

Violation contents	Fines rate
Late submission, late disclosure of financial statements less than 3 months compared with the prescribed time limit.	5,000,000 VND - 10,000,000 VND
Submitting financial statements with insufficient content as prescribed.
Accounting is not in accordance with regulations on accounting accounts.
Late payment, late disclosure of financial statements from 3 months or more than the prescribed time limit.	10,000,000 VND - 20,000,000 VND
Do not attach the audit report when submitting the financial statements and when disclosing the financial statements (for the specified cases).	10,000,000 VND - 20,000,000 VND
The published data of financial statements is not consistent with accounting data and accounting vouchers.	20,000,000 VND - 30,000,000 VND
Cases of agreement/coercion to provide accounting information and data that are incorrect or fake financial statements.	20,000,000 VND - 30,000,000 VND

TASCO's latest financial statements service implementation process:

✅ Step 1: Collect invoices, vouchers, bookkeeping of the enterprise, collect information about the accounting regime, the applied accounting form of the enterprise, the method of calculating the depreciation of fixed assets.

✅ Step 2: Survey the actual situation and operating process of the business.

✅ Step 3: Review and check vouchers, bookkeeping, classify and arrange vouchers.

✅ Step 4: Remove and edit inappropriate vouchers.

✅ Step 5: Make a table of allocation of tools, prepaid expenses, fees waiting for transfer.

✅ Step 6: Check the cost of salary, bonus, and insurance of employees.

✅ Step 7: Calculate and prepare depreciation tables for fixed assets.

✅ Step 8: Accounting on professional and accurate accounting software.

✅ Step 9: Consolidate and synthesize information to make accounting books, financial statements, business results reports, notes to financial statements.

✅ Step 10: Print financial statements and bookkeeping according to regulations.

✅Step 11: Consult and discuss with enterprises the relevant contents in the process of synthesizing information to prepare financial statements and take responsibility for the prepared financial statements.

Using TASCO's financial statements service, entrepreneurs will receive:

📌 The quality of financial statements and accounting books is guaranteed to be the best, in accordance with the provisions of law on accounting, tax, invoices and vouchers.

📌 There is always a TASCO expert to consult 24/7.

📌 Provide financial statements in a timely, accurate and prompt manner at any time when required by customers.

📌 Reasonable cost with perfect service quality. TASCO is committed to taking the highest responsibility for all services if the error is caused by our company.

Why should entrepreneurs choose TASCO's financial reporting service:

1️⃣ TASCO is committed to performing tax accounting operations on time, on schedule, providing complete bookkeeping and vouchers, and declaring tax on time.

2️⃣ TASCO commits to a package cost and does not incur additional costs.

3️⃣ TASCO is committed to being accountable to tax authorities for data and finalization records.

4️⃣ TASCO is committed to customer satisfaction when using the service.

5️⃣ Free consultation support before and after completion 24/7.

✨ TASCO Tax Agent is proud to be founded and led by CEOs who are experts in Finance - Accounting - Tax with more than 17 years of practical experience, along with a team of professional, dedicated and highly professional and always updated knowledge regularly. With the management policy "WHOLE-HEARTED - RESPONSIBILITY - PROFESSIONAL", TASCO is committed to providing customers with the best service quality and the most dedicated support.