What are the standards for internal audit personnel in the Ministry of National Defense in Vietnam? What are the ethical principles of the internal audit profession in Vietnam?
What are the standards for internal audit personnel in the Ministry of National Defense in Vietnam? What are the ethical principles of the internal audit profession in Vietnam?
What are the standards for internal audit personnel in the Ministry of National Defense in Vietnam?
Based on Article 10 of the Internal Audit Regulations of the Ministry of National Defense issued with Decision 1607/QD-BQP in 2022, the standards for internal audit personnel are as follows:
Standards for internal audit personnel:
1. Standards for internal audit personnel are as follows:
a) Hold a bachelor's degree or higher in relevant fields that meet the requirements of the Ministry of National Defense's internal audit tasks, possess sufficient knowledge, and stay updated on the areas assigned to perform internal audits.
b) Have a minimum of 5 years of work experience in the trained field or at least 3 years of work experience in accounting, auditing, or inspection in agencies or units under the Ministry of National Defense.
c) Possess knowledge and understanding of laws and the operations of the Ministry of National Defense; have the ability to collect, analyze, evaluate, and synthesize information; possess knowledge and skills in internal auditing.
d) Meet the requirements for qualities and competencies prescribed in Circular No. 142/2018/TT-BQP dated September 12, 2018, by the Minister of National Defense, which sets standards for positions of officials in the Ministry of National Defense's Office.
e) The Chief Auditor must meet the standards set in points a, b, c, and d of this clause; have in-depth knowledge, practical experience in financial management, auditing organization, and other related skills.
2. The Chief Auditor assesses the scale and complexity of internal audit activities to report to the Minister of National Defense and decide on the necessary human resources for the Ministry of National Defense's internal audit. If necessary, the Chief Auditor may propose hiring consultants specializing in certain fields beyond the professional capacity of the Ministry of National Defense's internal audit. They will be responsible for planning, reporting to the Minister of National Defense for approval, and taking responsibility for the results of hiring consultants.
So, the internal audit personnel of the Ministry of National Defense must meet the following conditions:
- Hold a bachelor's degree or higher in relevant fields that meet the requirements of the Ministry of National Defense's internal audit tasks, possess sufficient knowledge, and stay updated on the areas assigned to perform internal audits.
- Have a minimum of 5 years of work experience in the trained field or at least 3 years of work experience in accounting, auditing, or inspection in agencies or units under the Ministry of National Defense.
- Possess knowledge and understanding of laws and the operations of the Ministry of National Defense.
- Have the ability to collect, analyze, evaluate, and synthesize information.
- Possess knowledge and skills in internal auditing.
- Meet the requirements for qualities and competencies.
Additionally, the Chief Auditor must meet the above standards and have in-depth knowledge, practical experience in financial management, auditing organization, and other related skills.
What are the standards for internal audit personnel in the Ministry of National Defense in Vietnam? What are the ethical principles of the internal audit profession in Vietnam? - image from the internet
What are the ethical principles of the internal audit profession in Vietnam?
Based on Article 9 of the Internal Audit Regulations of the Ministry of National Defense issued with Decision 1607/QD-BQP in 2022, the ethical principles of the internal audit profession in Vietnam are as follows:
[1] Integrity:
- Internal audit personnel must perform their professional duties with honesty, caution, and a sense of responsibility.
- Internal audit personnel must adhere to the law and disclose necessary information as required by the law and the professional requirements of internal auditing.
- Internal audit personnel must not engage in illegal activities or activities that harm the professional reputation or reputation of the Ministry of National Defense.
[2] Objectivity:
- Internal audit personnel must ensure objectivity in collecting, evaluating, and exchanging information about the audited activities.
- Internal audit personnel must provide objective assessments of all related situations and not be influenced by their own interests or the interests of others in making their assessments and conclusions.
[3] Professional competence and diligence:
- Internal audit personnel must apply their knowledge, skills, and professional experience in internal auditing.
- Internal audit personnel must act diligently and in accordance with the applied professional and technical standards.
[4] Confidentiality:
- Internal audit personnel must respect the value and ownership rights of the provided information and not disclose this information without the permission of the competent authority, except in cases where the disclosure of information is within their professional responsibility or as required by law.
[5] Professional status:
- Internal audit personnel must comply with the law and relevant regulations of the Ministry of National Defense and must not engage in behaviors that violate the principles of professional ethics for internal auditing.
[6] The Chief Auditor must have measures to monitor, evaluate, and manage to ensure that the internal audit personnel comply with the principles of professional ethics for internal auditing.
What are powers of the internal audit of the Ministry of National Defense in Vietnam?
Based on Article 9 of the Internal Audit Regulations of the Ministry of National Defense issued with Decision 1607/QD-BQP in 2022, the powers of the internal audit of the Ministry of National Defense in Vietnam are as follows:
- Proactively carry out tasks according to the approved internal audit plan by the Minister of National Defense.
- Ensure the necessary resources are available to perform the tasks.
- Be provided with complete and timely information, documents, and records, such as budget planning, allocation, and budget accounting and settlement of units, to support planning and implementation of internal audits.
- Have access to and review all operational processes and assets of the audited unit during the internal audit.
- Have access to and interview all officials and employees of the audited unit regarding matters related to the audit content.
- Receive information, documents, meeting minutes from the Minister of National Defense and other relevant functional agencies regarding the audited activities according to the annual internal audit plan.
- Monitor, supervise, and evaluate the repair and remedial activities of the audited unit based on the approved recommendations of the Ministry of National Defense's internal audit.
- Be protected against any uncooperative actions taken by the audited unit.
- Receive training and professional development to enhance the capabilities of internal audit personnel.
