Standards for attendants of the training courses of Chief Accountants in Vietnam

Standards for attendants of the training courses of Chief Accountants in Vietnam (Internet image)

Regarding this issue, LawNet would like to answer as follows:

1. Standards for attendants of the training courses of Chief Accountants in Vietnam

According to Article 2 of Circular 199/2011/TT-BTC, the standards for attendants of the training courses of Chief Accountants are as follows:

(1) The Vietnamese who attend the training course of chief accountant must have the following standards:

- A professional ethics, honesty, integrity, a sense of law observance;

- A professional qualification on finance, accounting and auditing from secondary level upwards and actual working time on finance, accounting and auditing as follows:

+ At least 2 years or more from the date indicated on the diploma of University in finance, accounting and auditing;

+ At least 3 years or more from the date indicated on the diploma of vocational school, college specialized in finance, accounting and auditing;

- An Application for study, which has been confirmed the real-time of working in finance, accounting, auditing by the agencies they are working together with a certified copy of diploma of university specialized in finance, accounting and auditing.

(2) The Foreigners who have expertise certificates in accounting and accounting practicing certificates, certificates of auditors or diploma of university of the foreign institutions (conceded by Vietnam Ministry of Finance) are attended the courses of training chief accountants organized by the units that are eligible for the implementation of training courses of chief accountants for foreigners.

2. Conditions for organizing the training courses of chief accountant in Vietnam

According to Article 4 of Circular 199/2011/TT-BTC, conditions for organizing the training courses of chief accountant in Vietnam include:

- The retraining, training facilities (Academies, Universities, and Colleges, training School) are organized the training course of chief accountant if it satisfies the following conditions:

+ Having the function of training, retraining profession of accounting and auditing;

+ Having at least 50% of permanent lecturers (Among total lecturers teach the topics according to each course) with degree from level of university or higher, and at least 5 years of teaching experience in the field of economy - finance - accounting - auditing;

+ Having qualified facilities such as classrooms, desks, tables, boards, teaching aids, ... to implement the training course of Chief Accountant.

- The Association of auditing - accounting profession is combined with the qualified training, retraining facilities defined in clause 1 of Article 4 of Circular 199/2011/TT-BTC to organize the training courses of chief accountant.

- The qualified training, retraining facilities as defined in clause 1 of Article 4 of Circular 199/2011/TT-BTC wishing for organizing the training courses of chief accountant for foreigners must be considered, approved in writing by the Finance Ministry.

3. Rights and responsibilities of retraining, training facilities in the organization of the training courses of Chief Accountant in Vietnam

Rights and responsibilities of retraining, training facilities in the organization of the training courses of Chief Accountant in Vietnam include:

- Regarding rights

+ Actively implement the works related to the organization of training courses of chief accountant in accordance with their conditions.

+ Collect school fees of learners participating in training course by the rate in accordance with the provisions of the State on education fees. The collection, management, and use of revenue from tuition fees must comply with the provisions of current law.

+ Grant training certificates of Chief Accountant as prescribed in Article 9 of Circular 199/2011/TT-BTC.

- Regarding responsibilities

+ Ensuring the student enrollment in accordance with standards as prescribed in Article 2 of Circular 199/2011/TT-BTC.

+ Observing the regulations on the forms and procedures of opening the training courses of Chief Accountant as prescribed in Article 3 and Article 6 of Circular 199/2011/TT-BTC.

+ Organizing and strictly managing the training courses of Chief Accountant to guarantee the right and full implementation of the contents, programs, and study time as prescribed in Article 10 of Circular 199/2011/TT-BTC.

+ Strictly abiding by regulations on the examination, evaluation and classification of results and grant of certificates as prescribed in Article 7, Article 8, Article 9 of Circular 199/2011/TT-BTC.

+ Being subject to inspection and supervision by the Ministry of Finance in the implementation of the provisions of Article 12 of Circular 199/2011/TT-BTC.

+ Strictly observing the reporting regime as prescribed in Circular 199/2011/TT-BTC.

+ Taking responsibility for the correctness and legality of the training certificates of Chief Accountant issued by their units.

(Article 5 of Circular 199/2011/TT-BTC)

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