Accounting for Financial Investment Activities in Vietnam Life Insurance Enterprises
1Thi Huong Tram Le,2Thi Thanh Thuy Tran,3Thi The Vu
1,2,3Accounting Department, University of Labour and Social Affairs
https://doi.org/10.47191/jefms/v6-i4-46ABSTRACT:
This article provides an overview of the financial investment activities of life insurance companies in Vietnam, based on the legal basis for investment activities and the specific accounting regulations for life insurance companies. The article also discusses the changes in accounting regulations according to Circular 200/2014/TT-BTC on accounting regimes for enterprises issued by the Ministry of Finance and provides some notes on accounting practices for financial investment activities in Vietnam’s life insurance enterprises.
KEYWORDS:
Accounting, Financial Investment, Life Insurance, Vietnam.
REFERENCES:
1) Vietnam Insurance Association (2022), Vietnam Insurance Market Figures 2021, Hanoi
2) Ministry of Finance (2014), Circular No: 200/2014/TT-BTC guiding the corporate accounting regime. On December 22,
2014, Minister of Finance
3) Ministry of Finance, (2013-2022), Insurance Market Overview Report 2013-2022 Ministry of Finance, Hanoi, Vietnam
4) National Assembly, (2016), Decree 73/2016/ND-CP guiding the Law on Insurance Business and the Amended Law on
Insurance Business, National Assembly, Hanoi, Vietnam
5) Ministry of Finance, (2014), Circular 199/2014/TT-BTC on accounting applicable to life insurance enterprises and
reinsurance enterprises, Ministry of Finance.
