How will violations against regulations on training chief accountants and issuance of training certificates for chief accountants be penalized?
Pursuant to Article 18, Decree 41/2018/ND-CP, violations against regulations on training chief accountants and issuance of training certificates for chief accountants will be penalized as follows:
Pursuant to Article 18, Decree 41/2018/ND-CP, violations against regulations on training chief accountants and issuance of training certificates for 1. A warning shall be imposed for one of the following violations:
a) Running chief accountant training courses with the number of trainees per course against regulations;
b) Running chief accountant training courses which last more than 6 months.
2. A fine ranging from VND 1.000.000 to VND 2.000.000 shall be imposed for one of the following violations:
a) Running chief accountant training courses without registering to the Ministry of Finance or without the Ministry of Finance’s approval;
b) Failure to notify the Ministry of Finance of the course’s contents.
3. A fine ranging from VND 5.000.000 to VND 10.000.000 shall be imposed for one of the following violations:
a) Unconformable course contents, curriculum, and study period;
b) Failure to retain files relevant to the course in full.
4. A fine ranging from VND 10.000.000 to VND 20.000.000 shall be imposed on the training facility that commits one of the following violations:
a) Opening a new chief accountant training course without satisfying the requirements;
b) a) Opening a new chief accountant training course for foreigners without the Ministry of Finance’s approval.
c) Failure to comply with regulations of the Ministry of Finance on management of the Training certificate’s template and issuance Training certificates for chief accountants.
5. A fine ranging from VND 20.000.000 to VND 30.000.000 shall be imposed on the training facility that issuing training certificates for chief accountants to trainees who do not meet all the standards and conditions.
6. Remedial measure:
Return illegal profits earned by violations mentioned in Points a, b, Clause 4 and Clause 5 of this Article.
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