Can people register to practice auditing in Vietnam if they have a criminal record?

Can people register to practice auditing in Vietnam if they have a criminal record?

Pursuant to Article 16 of the Law on Independent Auditors 2011, the regulations on persons who are not registered to practice auditing are as follows:

1. Officials and public servants.

2. Those who are banned from practicing audit upon valid judgments and decisions of the courts; those who are being prosecuted for penal liability; those who have been convicted one of the crimes on economy, position relating to finance and accounting but not be remitted; those who are subject to administrative measures of education at communes, wards and towns, sending into medical facilities, educational institutions.

3. Persons who have criminal records on economic crimes from serious level or more.

4. Those that violate the law on finance, accounting, auditing and economic management are sanctioned for administrative violations within one year from the date of the sanction.

5. Those who are suspended to practice audit.

Thus, according to the above regulations, if you have a criminal record of serious economic crimes or higher, you will not be registered to practice auditing in Vietnam. If you have a criminal record that does not fall under the above regulations, you may register to practice auditing.

What are the regulations on right of auditors to practice in Vietnam?

Pursuant to Article 17 of this Law, when practicing at auditing enterprises or branches of foreign auditing enterprises in Vietnam, practicing auditors have the following rights:

When practicing in the auditing firms, branch of foreign auditing firms in Vietnam, practicing auditors have the following rights:

1. To practice audit in accordance with regulations of this Law;

2. To be independent on professional skill;

3. To request the audited unit to provide adequate and timely necessary information, documents and explain the issues related to the audit contents; to request inventory of assets, debt comparison of the audited unit related to the audit contents; to inspect all records and documents related to economic and financial activities of the audited unit inside and outside of the unit during the course of audit;

4. To inspect and confirm the economic, financial information related to the audited unit inside and outside of the unit during the course of audit.

5. To request the concerned organizations and individuals to provide necessary documents and information related to the contents of the audit through the audited unit.

6. Other rights in accordance with regulations of law.

Best Regards!