When there is a change in accounting practitioners in the firm, do I have to report it to the Ministry of Finance in Vietnam?

When there is a change in accounting practitioners in the firm, do I have to report it to the Ministry of Finance in Vietnam?

In Article 66 of the 2015 Accounting Law, it is stipulated:

1. Within 10 days from the occurrence of any of the changes below, the accounting firm must send a written notification to the Ministry of Finance:

a) Changes to the list of accounting practitioners in the firm;

b) One, some, or all of the conditions for provision of accounting services specified in Article 60 of this Law are not satisfied;

c) Changes to the firm’s name or headquarters’ address;

d) Changes to the Director, General Director, legal representative, or holdings of members/partners;

dd) Suspension of provision of accounting services;

e) Establishment, shutdown, or changes to the names of addresses of the accounting firm’s branches;

g) Total division, partial division, acquisition, consolidation, conversion, or dissolution of the accounting firm.

2. Within 10 days from the occurrence of any of the changes below, the accounting household must send a written notification to the Ministry of Finance: a) Changes to the list of accounting practitioners;

b) Changes to the household’s name;

c) Suspension or termination of accounting service provision.

Thus, according to the above provisions in Vietnam, in case an accounting service enterprise has a change in the accounting practitioners at its enterprise, such enterprise must notify in writing the Ministry of Finance.

Best Regards!