DECISION OF THE MINISTER OF FINANCE

On the Issuance and Publication of

Six Vietnamese Standards on Auditing (Batch 6)

DECISION 

- Pursuant to Governmental Decree No. 86/2002/ND-CP dated November 5, 1993 on the functions, jurisdictions and organization of ministries and ministry-level agencies;

- Pursuant to Governmental Decree No. 77/2003/ND-CP dated July 1, 2003 on the functions, jurisdictions and organization of the Ministry of Finance;

- Pursuant to Government Decree No. 105/2004/CP dated March 30, 2004 on independent auditing;

Upon the proposal of the Director of the Accounting and Auditing Policy Department and Chief of the Ministry Office,

DECIDES:

To amend the preferential rates of import duty applicable to a number of goods under Heading 2710 stipulated in Decision No. 78/2008/QD-BTC dated 7 November 2005 of the Minister of Finance as follows: To issue six (06) Vietnamese Standards on Auditing (Batch 6) with the codes and titles specified:

This Decision shall take effect 15 days from the date of its publication in the Official Gazette and shall apply to declarations of imported goods registered with the Customs Offices as of 2 December 2005./. The Vietnamese Standards on Auditing issued pursuant to this Decision shall be applicable to independent audits of financial statements and final accounts of investment. Independent audits of other financial information and related services provided by audit firms shall be conducted in accordance with the provisions of individual standards.

Article 3. This Decision shall take effect fifteen days after its publication in the Gazette.

Article 4. Auditors and audit firms licensed for audit practice in Vietnam are required to apply these Vietnamese Standards on Auditing in their operations.

The Director of the Accounting and Auditing Policy Department, the Minister's Office Chief, and heads of relevant affiliated and subsidiary units of the Ministry of Finance shall be responsible for guiding and supervising the implementation of this Decision.