How will violations against regulations on independence be penalized? Pursuant to Article 61, Decree 41/2018/ND-CP, violations against regulations on independence shall be penalized as follows: 1. A fine ranging from VND 5.000.000 to…
How will violations against regulations on selection of auditing firms and audit practitioners be penalized? Pursuant to Article 53, Decree 41/2018/ND-CP, violations against regulations on selection of auditing firms and audit practitioners shall…
How will violations against regulations on destruction of audit documents be penalized? Pursuant to Article 52, Decree 41/2018/ND-CP, violations against regulations on destruction of audit documents shall be penalized as follows: 1. A…
How will violations against regulations on retention of audit documents be penalized? Pursuant to Article 51, Decree 41/2018/ND-CP, violations against regulations on retention of audit documents will be penalized as follows: 1. A…
How will violations against regulations on stocktaking be penalized? Inventory stocktaking needs to be carried out with utmost prudence, since violations in this field can cause enterprises to be fined pursuant to Article…
How much will be fined for the violations in the field of accounting and independent audit? Pursuant to Article 6, Decree 41/2018/ND-CP of the Government, the fines for violations in the field of…
How will violations against regulations on forming joint venture with foreign auditing firms for provision of transboundary audit services in Vietnam be penalized? Pursuant to Article 65, Decree 41/2018/ND-CP, violations against regulations on…
How will violations against obligations of firms providing transboundary audit services be penalized? Pursuant to Article 64, Decree 41/2018/ND-CP, violations against obligations of firms providing transboundary audit services shall be penalized as follows:…
Can enterprises provide accounting services to overseas? Transboundary provision of accounting services are legal, but enterprises should consider the regulations and conditions to avoid violations and penalties pursuant to Article 29, Decree 41/2018/ND-CP:…
How will entities printing invoices be penalized if violating against regulations? Entities providing invoice-printing services need to consider these following violations’ penalties pursuant to Article 21, Decree 125/2020/ND-CP of the Government: 1. Cautions…
