Circular No. 44/2019/TT-BTC amends and supplements certain Articles of Circular No. 292/2016/TT-BTC dated November 15, 2016, issued by the Minister of Finance, guiding annual knowledge update for practicing accountants and service providers registering to practice accounting services, and Circular No. 296/2016/TT-BTC dated November 15, 2016, issued by the Minister of Finance, guiding issuance, revocation, and management of certificates for registration to practice accounting services.

CIRCULAR

Amending and supplementing some articles of Circular No. 292/2016/TT-BTC dated November 15, 2016 of the Minister of Finance guiding annual knowledge update for practicing accountants and persons registered to practice accounting services and Circular No. 296/2016/TT-BTC dated November 15, 2016 of the Minister of Finance guiding issuance, revocation, and management of certificates for registration of accounting service practices.
Circular No. 15/2016/TT-BTC dated November 15, 2016 of the Minister of Finance guiding annual knowledge updating for practicing accountants and persons registering to practice accounting services
and Circular No. 296/2016/TT-BTC dated November 15, 2016 of the Minister of Finance guiding the issuance, revocation, and management of certificates of registration for accounting service practices
pursuant to the Law and Circular No. 296/2016/TT-BTC dated November 15, 2016, issued by the Minister of Finance, guiding the issuance, revocation, and management of certificates for accounting service practice registration.
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hành nghề dịch vụ kế toán

Pursuant to the Accounting Law No. 88/2015/QH13 dated November 20, 2015;

Pursuant to Decree No. 174/2016/NĐ-CP dated December 30, 2016 of the Government detailing certain provisions of the Accounting Law;

Pursuant to Decree No. 87/2017/NĐ-CP dated July 26, 2017 of the Government stipulating functions, tasks, powers, and organizational structure of the Ministry of Finance;

At the proposal of the Director of the Accounting and Auditing Supervision Department,

The Minister of Finance issues this Circular amending and supplementing some articles of Circular No. 292/2016/TT-BTC dated November 15, 2016 guiding annual knowledge update for practicing accountants and persons registered to practice accounting services and Circular No. 296/2016/TT-BTC dated November 15, 2016 of the Minister of Finance guiding issuance, revocation, and management of certificates for registration of accounting service practices.

Article 1. Amending, abolishing, and replacing some articles of Circular No. 292/2016/TT-BTC dated November 15, 2016 guiding annual knowledge update for practicing accountants and persons registered to practice accounting services as follows:

1. Abolish Clause 1 of Article 15.

2. Abolish Appendix No. 06/CNKT.

3. Replace Appendix No. 04/CNKT with Appendix No. 001/CNKT issued together with this Circular.

4. Amend and supplement Clause 5 of Article 15 as follows:

"5. Annually, no later than August 25, must submit the "Summary Report on the Organization of Annual Knowledge Update Classes for Accountants" according to the form prescribed in Appendix No. 001/CNKT issued together with this Circular in writing or electronic data to the Ministry of Finance for consideration and recognition of knowledge update hours for accountants.

The content of the summary report on the organization of annual knowledge update classes for accountants includes the following components:

a) Report name: Summary Report on the Organization of Annual Knowledge Update Classes for Accountants.

b) Content required for reporting:

- Summary of results of organizing annual knowledge update classes for accountants;

- Plan and program for organizing annual knowledge update classes for accountants.

c) Reporting entity: Professional associations, training institutions, or accounting service businesses approved by the Ministry of Finance to organize knowledge updates.

d) Receiving authority: Ministry of Finance (Department of Accounting and Auditing Supervision).

e) Method of submission and receipt of reports: Submission in writing or electronic data.

g) Deadline for submission of reports: No later than August 25 each year.

h) Frequency of reporting: Annual periodic report.

i) Data closing period for the report: From August 16 of the previous year to August 15 of the current year.
k) Report outline template:

- Summary of results of organizing annual knowledge update classes for accountants including information on:

+ Number of classes organized;

+ Number of accountants participating;

+ Summary of knowledge update time for accountants;

+ Self-assessment of class organization;

+ Recommendations to the Ministry of Finance regarding class organization situations.

- Plan and program for organizing annual knowledge update classes for accountants including information on number of classes; content; duration; time and location of classes.

l) Reporting data form: According to Appendix No. 001/CNKT issued together with this Circular.

m) Guidance on the reporting process

Annually, professional associations, training institutions, or accounting service businesses summarize the results of organizing annual knowledge update classes while developing plans and programs for organizing annual knowledge update classes for accountants of the next year to submit to the Ministry of Finance within the specified deadline".

Article 2. Amend, revoke, and replace some articles of Circular No. 296/2016/TT-BTC dated November 15, 2016 guiding the issuance, revocation, and management of the Certificate of Registration for Accounting Services Practice as follows:

1. Point c Clause 1 Article 12 shall be amended as follows:

"c) An accounting practitioner who violates responsibilities stipulated in Clauses 5, 6, 7, and 8 of Article 15 of this Circular."

2. Repeal Clause 1 of Article 15.

3. Amend and supplement Clause 3 of Article 16 as follows:

"3. Submit the Annual Report on Maintaining Conditions for Accounting Services Practice to the Ministry of Finance no later than August 31 each year in the form of a document or electronic data, along with the annual maintenance conditions for practice of each accounting practitioner according to the model prescribed in Appendix No. 08/ĐKHN issued together with this Circular."

The contents of the Annual Report on Maintaining Conditions for Accounting Services Practice include the following components:

a) Report title: Annual Summary of Maintaining Conditions for Accounting Services Practice.

b) Content required for reporting:

- Situation of updating knowledge and the duration of labor contracts working full-time at enterprises of accounting practitioners from August 16 of the previous year to August 15 of the current year.

- Administrative violations in the field of accounting in the 12 months immediately preceding the reporting period.

c) Reporting entity: Enterprises providing accounting services, individual households providing accounting services.

d) Receiving authority: Ministry of Finance (Department of Accounting and Auditing Supervision).

e) Method of submission and receipt of reports: Submission in writing or electronic data.

g) Deadline for submission: No later than August 31 each year.

h) Frequency of reporting: Annual periodic report.

i) Data closing period for the report: From August 16 of the previous year to August 15 of the current year.

k) Report outline template:

- Situation of updating knowledge and the duration of labor contracts working full-time at enterprises of accounting practitioners from August 16 of the previous year to August 15 of the current year includes information about:

+ Names of accounting practitioners at enterprises providing accounting services, individual households providing accounting services;

+ Numbers of Certificates of Registration for Accounting Services Practice of accounting practitioners;

+ Number of hours of knowledge updates of accounting practitioners;

+ Regarding the duration and changes in Labor Contracts of accounting practitioners.

- Administrative violations in the field of accounting in the 12 months immediately preceding the reporting period include information about the number of accounting practitioners penalized for administrative violations and those not penalized in the field of accounting.

l) Reporting Form: According to Appendix No. 09/ĐKHN issued together with this Circular.

m) Guidance on the reporting process

Accounting practitioners prepare annual reports on maintaining conditions for practice and submit them to enterprises providing accounting services, individual households providing accounting services for consolidation and submission to the Ministry of Finance within the specified time limit.

Article 3. Effectiveness

1. This Circular takes effect from January 1, 2020.

2. During implementation, if there are difficulties or obstacles, please promptly reflect them to the Ministry of Finance for research and appropriate amendments and supplements./.