Can a preschool accountant in Vietnam be a treasurer?
I'm an accountant at a private kindergarten in Vietnam. Because my school is relatively small, is it possible for me to work as a treasurer too? Thank you.
According to Article 19 of Decree 174/2016/ND-CP, it is specified that people prohibited from practicing accounting, in particular:
1. The people specified in Clause 1 and Clause 2 Article 52 of the Law on Accounting.
2. Parents, adoptive parents, spouses, children, siblings of the legal representative, head, Director, General Director, deputies of the head, Deputy Director, Deputy General Director in charge of finance – accounting, and the chief accountant of the same accounting unit, except for sole proprietorships, single-member limited liability companies owned by individuals, other types of enterprises not funded by state budget and are extra-small enterprises defined in the law on provision of assistance for small and medium enterprises.
3. People holding the position of managers, executive officers, treasurers, warehouse-keepers, buyers or sellers of assets in the same accounting unit except for sole proprietorships, single-member limited liability companies owned by individuals, and other types of enterprises not funded by state budget and are extra-small enterprises defined in the law on provision of assistance for small and medium enterprises.
Thus, based on the above provisions, the person who is working as treasurer must not be an accountant. Therefore, it is also possible to understand that an accountant is also not allowed to be a treasurer if not a private enterprise or a single-member limited liability company owned by an individual or a extra-small enterprise without state budget.
Therefore, for the case of an accountant at a private kindergarten, it is not allowed to concurrently appoint a treasurer in Vietnam.
Best Regards!
