What are audit reports of State Audit Office of Vietnam used for?
Hello Lawnet. I want to ask this following question. What are audit reports of State Audit Office of Vietnam used for? Thank you!
Pursuant to Clause 2 Article 7 of the Law on State Audit Office of Vietnam in 2015, audit reports of SAV are the basis for:
- The National Assembly to use during the process of considering, deciding, and supervising: the implementation of long-term and annual socio-economic development policies and objectives; policies on investment in National target programs and projects of national importance; basic policies on national finance; imposition, adjustment, or cancellation of taxes; decision on dividing revenues and obligatory expenditures between central government budget and local government budgets; limits on safety limits of national debt, public debts, government debts; making of state budget estimate and allocation of central government budget; approval for state budget statements;
- The Government, regulatory agencies, other agencies and organizations of the State to use during their managerial tasks and performance of their duties and entitlements;
- The People’s Councils to use during the process of considering, deciding estimates and allocation of local government budgets; approving local government budget statements; supervising the management and use of public finance and/or public property; performance of their duties and entitlements;
- Audited units to exercise their right to lodge complaints.
Above are regulations on legal validity of audit reports in Vietnam.
Best regards!
