Regulations on Direct Inspection Records of Audit Service Quality

Regulations on direct inspection dossiers for audit service quality (illustrative image)

Circular 157/2014/TT-BTC stipulates that the dossier for direct inspection of audit service quality includes:

- List of audited enterprises subject to inspection;- List of Inspection Team members;- Inspection decision; files provided by the Inspection Team;- Decision to establish the Professional Council;- Post-inspection handling decision and other related documents.

The Inspection Team must fully record in the inspection dossier all information and appropriate evidence forming the basis for the inspection conclusions on each audited enterprise, including the Inspection Result Report, administrative violation records (if any), the Evaluation Tables of the Quality Control System for Audit Services, the Evaluation Tables of individual audit service contracts selected for inspection, working documents prepared by the Inspection Team, documents provided by the inspected entities, and other related documents.

The Head of the Inspection Team must hand over the entire inspection dossier to the inspection agency immediately after completing the inspection at each audited enterprise.

Storage of inspection dossiers: The inspection agency is responsible for archiving the inspection dossier received from the Head of the Inspection Team. The storage period for the inspection dossier is in accordance with legal provisions on the storage of documents by state agencies.

Details can be found at Circular 157/2014/TT-BTC, effective from October 23, 2014.

Ty Na

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE