Amendments to regulations on issuance of audit reports in Vietnam from November 30, 2024

Amendments to regulations on issuance of audit reports in Vietnam from November 30, 2024

According to Clause 6, Article 2 of Decision 07/2024/QD-KTNN, the issuance of audit reports in Vietnam is amended as follows:

From the date of receiving the complete dossier from the head of the auditing unit presenting to the State Auditor General of Vietnam to issue the Audit Report, the General Department has the responsibility to check, review, and complete the draft Audit Report, draft the official dispatch announcing results and audit recommendations to relevant state agencies (if any) from the primary auditing unit presenting to the State Auditor General to issue the Audit Report.

In case the draft Audit Report presented to the State Auditor General for issuance is not fully completed according to the provisions in Clause 1, Article 2 of Decision 07/2024/QD-KTNN, the draft official dispatch announcing results and audit recommendations to relevant state agencies (if any) is not in accordance with the draft Audit Report presented for issuance, the General Department will return it to the main auditing unit for further completion before presenting to the State Auditor General for issuance. The dossier presented by the General Department to the State Auditor General for the issuance of the Audit Report includes:

- The submission from the Head of the General Department to the State Auditor General for the issuance of the Audit Report and the draft official dispatch to send the Audit Report to the audited unit.

- The draft Audit Report after being reviewed, checked, and agreed upon with the primary auditing unit.

- The draft official dispatch announcing results and audit recommendations to relevant state bodies (if any) after being checked, reviewed, and agreed with the primary auditing unit.

- The Official Dispatch on recommendations for increasing revenue, reducing budget expenditures via auditing (reducing payments; deducting budget estimates, investment capital plans...) to the entity responsible for controlling, managing, operating the budget revenue and expenditure or the audited unit as per State Audit regulations of the primary auditing unit.

- Other accompanying documents presented by the primary auditing unit.

More details can be found in Decision 07/2024/QD-KTNN which takes effect in Vietnam from November 30, 2024.

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