What is the latest form of enterprise audit report? What are the regulations on the preparation and submission of enterprise audit report in Vietnam?
What is the latest form of State-owned enterprise audit report in Vietnam?
The latest form of State-owned enterprise audit report is Form No. 01/BCKT-DN Table of contents issued together with Decision 01/2023/QD-KTNN.
Accordingly, this report form is applied to the audit of financial statements, and activities related to the management and use of public finance and public assets of enterprises.
The report is built with 02 main parts:
- Audit situation and results;
- Audit recommendations.
At the end of the report, the total number of pages and attached appendices should be clearly stated. These appendices are considered an integral part of the audit report.
Download the latest form of State-owned enterprise audit report here.
What is the latest form of enterprise audit report? What are the regulations on the preparation and submission of enterprise audit report in Vietnam? (Image from the Internet)
What are the regulations on the preparation and submission of enterprise audit report in Vietnam?
Pursuant to the provisions of Article 47 of the 2015 Law on State audit office of Vietnam, supplemented by Clause 7, Article 1 of the 2019 Law on amendments to some Articles of the Law on State Audit Office of Vietnam, amended as follows:
Making and sending the audit report
1. Within 30 days from the end of the audit at the audited unit, SAV shall complete the draft audit report and send it to the audited unit for opinions.
2. Within 10 days from the receipt of the draft audit report, the audited unit must send opinions in writing to SAV; if the audited unit does not express any opinions by the said deadline, it will be considered that the audited unit agrees with the draft audit report.
3. The audit report shall be sent by SAV to the audited unit and relevant agencies according to regulations of State Auditor General within 45 days from the end of the audit. This deadline may be extended up to 60 days form the end of the audit.
4. Reports on audit of local government budget statements shall be sent to deputies of the National Assembly, the People’s Councils and the People’s Committees at the same administrative level; reports on audit of provincial budget statements shall also be sent to the Ministry of Finance.
5. If the consolidated audit report includes results of audits carried out at audited units, SAV shall send an audit result notification specifying the auditor’s assessment, confirmation, conclusions and requests obtained from the consolidated audit report to each audited unit.
Thus, the preparation and submission of the audit report is carried out in accordance with the above provisions. Within 30 days from the end of the audit at the audited unit, SAV shall complete the draft audit report and send it to the audited unit for opinions.
Vietnam: When will the audit reports be published?
Article 50 of the 2015 Law on State audit office of Vietnam provides for the disclosure of audit reports as follows:
Publishing of audit reports
1. An audit report shall be published after its issuance, except for the contents considered state secrets as defined by law.
2. State Auditor General shall organize the publishing of audit results in one or some of the following manners:
a) Press conference;
b) Posting on Official Gazette and the media
c) Posting on websites and publications of SAV;
d) Posting at the office of audited unit.
Thus, according to the above regulations, an audit report shall be published after its issuance, except for the contents considered state secrets as defined by law.
Decision 01/2023/QD-KTNN will officially take effect from February 25, 2023.
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