Article 18. Sanction of act violating provision on dossier requesting for grant of certificates of eligibility for providing audit service

Dịch vụ kế toán

1. A warning shall be imposed for individuals, legal representatives of audit organizations, and audit organizations that implement any of following violations so as to be eligible for grant of certificates of eligibility for providing audit service:

a) To make untrue statement in dossier requesting for grant of certificates of eligibility for providing audit service;

b) To forge, make false statement in dossier requesting for grant of certificates of eligibility for providing audit service;

c) To certify on documents which are untrue, documents forged or falsified in dossier requesting for grant of certificates of eligibility for providing audit service;

2. Remedial measures: Forcible destruction of all documents already declared which are untrue, forged, falsified.

Article 19. Sanction of acts violating provisions on management and use of certificates of eligibility for providing audit service

Dịch vụ kế toán

1. A warning shall be imposed for audit organization which fails to submit certificate of eligibility for providing audit service to the Ministry of Finance when there is a decision on withdrawal, unless otherwise prescribed by law.

2. A fine of between VND 10,000,000 and 20,000,000 shall be imposed for audit organizations which fail to do procedures for adjusting certificates of eligibility for providing audit service when arising changes having to be adjusted as prescribed by law.

3. Deprive of right to use of certificates of eligibility for providing audit service for a period of between 12 months and 24 months, for audit organizations conducting any of following violations:

a) To forge, erase, modify certificates of eligibility for providing audit service;

b) To lease, lend certificates of eligibility for providing audit service;

4. Remedial measures:

a) Forcible destruction of certificates of eligibility for providing audit service which have been forged, erased, modified;

b) Forcible remittance of illicit earnings from the commission of administrative violations specified in point b Clause 3 of this Article