What are conditions for registration of accounting practice in Vietnam?
I currently want to register for accounting practice, I have a university degree majoring in accounting, one year before graduation, I have worked in finance, accounting, up to now is 36 months. Am I eligible to be registered for accounting practice in Vietnam?
What are conditions for registration of accounting practice in Vietnam?
Conditions for registration of accounting practice are specified in Clause 1, Article 58 of the Law on Accounting 2015 as follows:
1. The holder of an accountant certificate or auditor certificate according to the Law on Independent audit may register his/her accounting practice through an accounting firm or accounting household if he/she:
a) has full civil capacity; and
b) Has at least 36 months’ experience of finance, accounting, or audit works since graduation from university; and
c) Has participated in every mandatory refresher course.
Thus, considering your case, since you graduated from university until now, the actual working time in finance and accounting has only been 24 months, which is not enough for 36 months as prescribed. So currently not eligible to register for accounting practice, you need to have at least 12 more months of experience.
Best Regards!
