Directive on adjusting audit activities due to the impact of No. 3 typhoon in Vietnam

Directive on adjusting audit activities due to the impact of No. 3 typhoon in Vietnam (Image from the Internet)

On September 17, 2024, the State Audit Office of Vietnam promulgated Directive 1600/CT-KTNN on adjusting audit activities to coordinate in addressing the aftermath in localities affected by No. 3 typhoon

Directive on adjusting audit activities due to the impact of No. 3 typhoon in Vietnam

To be specific, in order to facilitate localities in focusing on overcoming the aftermath, stabilizing lives, and restoring production and business activities, while also ensuring the completion of the State Audit Office's audit tasks, the General Auditor of the State requests:

- The heads of units assigned the task of auditing in localities affected by Typhoon No. 3 to promptly grasp the situation in these localities (especially the areas directly affected), study and propose adjustments to the audit plan, audit organization methods (including ongoing and upcoming audits from now until the end of the year) towards reducing the audit scope, audited units, shortening audit time, and report to the State Audit leaders for decision.

- The aforementioned review and adjustments to ensure the quality and effectiveness of audit activities, prevent negative occurrences, and affirm the sector's credibility.

- The General Department To be specific: monitor and urge units to implement this Directive, promptly report any unexpected issues to the General Auditor of the State.

More details can be found in Directive 1600/CT-KTNN dated June 17, 2024.

The Authority of the State Audit Office of Vietnam

According to Article 11 of the Law on State Audit Office of Vietnam 2015 (amended in 2019), the State Audit Office of Vietnam has the following authorities:

- Propose legislative projects, draft ordinances, draft resolutions to the National Assembly, and the Standing Committee of the National Assembly as stipulated by law.

- Require audited units and related agencies, organizations, and individuals to promptly provide complete, accurate information and documents for the audit; access national databases and electronic data of audited units, related agencies, organizations, and individuals to gather information and documents directly related to the audit's content and scope; access to data must comply with the law and be responsible for protecting the secrecy, confidentiality, and safety as required by law.

- Conduct verification and cross-check relevant aspects directly related to audit content and scope at audited units and related agencies, organizations, and individuals.

- Require audited units to implement audit conclusions and recommendations of the State Audit Office for violations in financial statements and legal compliance; recommend measures to address deficiencies in the unit's operations as identified by the State Audit Office.

- Recommend the competent authority to require audited units to fully and promptly implement audit conclusions and recommendations for violations in financial statements and legal compliance; propose legal handling for cases of non-compliance or incomplete, untimely compliance with the State Audit Office's audit conclusions and recommendations.

- Recommend the competent authority handle legal violations of agencies, organizations, and individuals clarified through audit activities.

- Propose the competent authority legally handle circumstances where agencies, organizations, and individuals obstruct the audit activities of the State Audit Office or provide false information and documents to the State Audit Office and State Auditors.

- Impose administrative penalties in the field of state audit according to the Law on Handling Administrative Violations.

- Request professional expertise when necessary.

- Entrust or hire audit firms to audit agencies and organizations managing and using public finance and assets; the State Audit Office is responsible for the accuracy of figures, documents, and audit conclusions and recommendations executed by audit firms.

- Propose the National Assembly, the Standing Committee of the National Assembly, the Government of Vietnam, the Prime Minister of the Government of Vietnam, and other state agencies to amend, supplement mechanisms, policies, and laws.

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