Sanction of acts violating provisions on management and use of certificates of auditors

Article 23. Sanction of acts violating provisions on management and use of certificates of auditors, violating provisions

Dịch vụ kế toán

Dịch vụ kế toán

1. A fine of between VND 20,000,000 and 30,000,000 shall be imposed for auditors conducting one of the following violations:

a) To forge, erase, modify certificates of auditor;

b) Let organizations, or individuals other than units where they are working to hire, borrow or use their certificates of auditor so as to perform the professional operations of accounting and independent audit.

2. A fine of between VND 40,000,000 and 50,000,000 shall be imposed for organizations hiring, borrowing or using certificates of auditor of persons not working at their units so as to perform the professional operations of accounting and independent audit.

3. Remedial measures:

a) Forcible destruction of all forged, erased, modified documents for acts of violation specified in point a Clause 1 of this Article;

b) Forcible remittance of illicit earnings from the commission of administrative violations specified in point b Clause 1 of this Article.

Article 24. Sanction of acts violating provisions on updating of knowledge for auditor

1. A warning shall be imposed for organizations which have been approved by the Ministry of Finance for organizing courses of updating knowledge for auditor, audit enterprises which have been approved by the Ministry of Finance for self- organizing courses of updating knowledge for auditor serving auditors of their enterprises (referred to as organizations) conducting one of following violations:

a) Reporting improperly the prescribed deadline about results of organizing courses of updating knowledge for auditor;

b) Failing to monitor, call the roll of auditors who participating in courses of updating;

c) Failing to collect assessment opinions of trainees on the slips for assessing quality of courses of updating knowledge for auditor;

d) Failing to issue certificates for auditors who have participated in courses of updating knowledge.

2. A fine of between VND 5,000,000 and 10,000,000 shall be imposed for units, organizations updating knowledge for auditor without approval of the Ministry of Finance.

dich-vu-thanh-lap-cong-ty-nuoc-ngoai3. Suspension of organization to update knowledge for auditor for a period of between 03 months and 06 months, from the effective day of decision on sanction for organizations conducting any of following violations:

a) Organizing the updating knowledge for auditor improperly with content, program already registered with the Ministry of Finance;

b) Arranging lecturers in charge of class of updating knowledge for auditor who fail to meet conditions in accordance with regulation;

c) Failing to report results of organizing courses of updating knowledge for auditor in accordance with regulation;

d) Reporting inaccurate quantity of auditors who have participated in courses of updating knowledge;

dd) Reporting inaccurate number of hours for updating knowledge of auditors;

e) Issuing certificates of participation in courses of updating knowledge for auditors who practically fail to participate in courses of updating knowledge;

g) Failing to store fully dossiers of organizing courses of updating knowledge for auditor in accordance with regulation.

4. Remedial measures: Forcible remittance of illicit earnings from the commission of administrative violations specified in Clause 2 of this Article.