IDENTIFYING FIXED ASSETS IN MINING ENTERPRISES IN VIETNAM

Abstract

Researching on the development process of Vietnam's accounting system over time, the
authors found that although the current fixed asset accounting system has had many changes, it
is much more complete. Compared with the accounting regime of previous periods, there are still
limitations that have not been overcome. Mining is a specific industry, so mining enterprises in
Vietnam also have specialized assets such as mining rights, exploration costs, environmental
restoration costs, etc. Therefore, the standard for identification of these specific fixed assets should
also be different from the standards of other common fixed assets used for production and
business. Using qualitative research methods, the research team assessed the current status of
fixed asset identification in mining enterprises in Vietnam, evaluated and proposed some solutions
to improve the identification standards of fixed assets in mining enterprises. This enterprise.